Asian shares slide, U.S. stocks flat

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U.S. stocks flat
this S&P 500 Index and Nasdaq Index inches Higher on Monday It's going to be a busy week ahead with earnings reports from big technology companies, and investors are also awaiting Wednesday's policy announcement from the Federal Reserve. The S&P 500 closed up 0.08%, and the Nasdaq rose 0.07%. this Dow Jones Industrial Average down 0.12%. Ministry of Finance Yields fall US oil prices fall in the middle of meTensions rise Clashes between Israel and the Iran-backed Hezbollah militia in Lebanon.

McDonald's misses
McDonald's quarterly Profit and revenue missed analysts' expectations Global same-store sales fell for the first time since 2020.r Net profit fell to $2.02 billion from $2.31 billion a year ago, while revenue was almost flat at $6.49 billion. The company said it is working on Create value for customers who think their prices are too high, whose recently launched $5 Value Meal promotion in the U.S. is attracting low-income diners back to its stores. McDonald's shares closed up 3.74%.

Apple Artificial Intelligence
apple have Release of Apple Intelligence version 1 Register as a developer, but the long-awaited artificial intelligence software may not be loaded on the next batch of iPhones. The new software appears in the developer beta version of iOS 18.1, and iPhones launching this fall are expected to run iOS 18. iPhone models such as iPhone 15 Pro and iPhone 15 Pro Max.

Asian stocks weaken
Asian stocks lower The Bank of Japan begins a two-day meeting and is widely expected to raise its benchmark interest rate. this Nikkei 225 Index down 0.3%. this Hang Seng fell 1.2%, while China CSI 300 down 0.8%. In Australia, fortescue After-hours decline was as high as 9.2% The Australian Financial Review said JPMorgan is helping an institutional investor sell A$1.9 billion worth of shares in the mining company at a discount.

Bank of Japan holds meeting
Bank of Japan Two-day policy meeting begins on Tuesday under the influence of expectations of interest rate hikes. A Reuters survey showed that economists expect the Bank of Japan to raise its benchmark interest rate to 0.1% from the current 0% to 0.1%, and some experts predict that the increase will be even greater. The overall inflation rate is 2.8% and the core inflation rate is 2.6%. It has exceeded the Bank of Japan's 2% target for more than two years, providing it with room to raise interest rates.

(PRO) The next wave of artificial intelligence
Yuri Khodjamirian, Chief Information Officer, Tema ETF Four stocks identified that will lead the next wave of artificial intelligence advancements Due to their exclusive access to unique data. “As the world moves toward artificial intelligence, you're going to need high-quality, trustworthy, well-integrated data that's specific to a specific company,” he told CNBC's Pro Talks.

Companies with disappointing quarterly results, according to financial information provider FactSet get punished more than usuall This earnings season.

In the five days starting two days before the earnings announcement, the stock prices of companies that missed second-quarter profit expectations fell an average of 3.8%. By comparison, the company's five-year average price fell 2.3% during the same period, disappointing Wall Street.

During the same period, shares of companies that outperformed Wall Street rose just 0.3%, compared with a five-year average gain of 1%.

The phenomenon underscores high expectations for the current quarter and concerns that stocks are overheating after a strong rebound so far this year.

Signs of weakening consumer demand can also be seen in the auto industry, analysts say Warning of tougher times ahead for Detroit's Big Three. shares Ford, General Motors and Strantis The company has come under pressure following the release of its second-quarter results.

Analysts say the U.S. market – the profit engine for most automakers – is normalizing after years of record high prices, low vehicle inventories and strong demand. Inventories, especially at Detroit automakers, are rising while vehicle prices are slowly falling.

— CNBC’s Li Yun and Michael Weiland contributed to this report.