Meta Platforms, Inc.

Walmart Inc.

AT&T Inc.

Daily review and forecast of events on the US stock market from&nbsp;Mikhail Denislamov, Deputy Director of Freedom Capital Markets Research.

Morning in New York: US-China talks on duties and metals take center stage

In South Korea, foreign investors are buying bonds due to political stability and expectations of the country's inclusion in global indices. The Indian stock market is approaching new highs: according to Julius Baer, the revival of consumption in the lower and middle strata of the population, supported by lower taxes and inflation, will be the driver of this growth. Meta is in talks to invest over $10 billion in the startup Scale AI, which has already become an important player in the generative AI ecosystem. These and other topics are covered in our review of key events for the morning of June 9.

Highlights for the morning: Meta's biggest AI deal, Korea buys bonds, India hits record highs

Centrus Energy Corp.

Constellation Energy Corporation

BofA has initiated coverage on Centrus Energy, a smaller company that supplies nuclear fuel for use in reactors, with a "buy" recommendation at a target price implying 13% upside to current quotes – and that is after a 7% gain yesterday, June 4, when the stock hit a decade-long high. Shares have continued to rise during premarket trading today.

'World's only public enriched nuclear fuel company' Centrus jumps on BofA initiation

Nuclear power is emerging as one of the main beneficiaries of the AI boom


Meta will purchase energy from nuclear power plants. This may become a growth driver for the nuclear industry


Advertisers will only need to upload a product image and specify a budget, and AI will do the rest for marketers


Meta wants to automate advertising with AI. What do investors need to know?


Big Tech stocks plunged on Thursday, July 12, after unexpectedly positive inflation data came out. Investors began shifting capital from the Magnificent Seven to small-cap stocks, anticipating growth in the latter after a potential Fed rate cut in September, Bloomberg <a href="https://www.bloomberg.com/news/articles/2024-07-10/stock-market-today-dow-s-p-live-updates">reports</a>.