• GRIT
  • Posts
  • BOE Holds Rates, Eyes Data

BOE Holds Rates, Eyes Data

BOE, ARM, Neuralink

Grit Logo

Good Morning!

Happy Thursday! One more day until Friday:

👉 BOE holds rates steady

👉 ARM earnings are here

👉Neuralink has a malfunction 

🚨 OUR NEWEST INVESTING COURSE IS LIVE!🚨

The S&P 500 is more than just tech—there are 11 fascinating sectors ranging from financials (the second largest after tech) to utilities. This course will help you gain the knowledge and confidence to navigate market fluctuations and make informed decisions tailored to specific industry trends. With accessible modules delivered straight to your inbox, mastering sector-based investing has never been easier. Join us and unlock the potential to invest wisely across the diverse landscape of the stock market.

Click the enrollment button below to learn more about this 120+ page comprehensive investing course. Sent directly to your inbox, each part includes: 👇

  1. Full Sector Breakdowns (of 10 Stock Market Sectors!)

  2. Sector Valuation Metrics

  3. Over 10 Stock Reviews and Evaluations

  4. Risks of Investing in Each Sector

  5. Conclusions and Recaps

BOE: Rates Unchanged

On Thursday, the Bank of England kept its interest rates unchanged at 5.25%, citing effective inflation control but remained non-committal about a potential rate cut in June. The decision was influenced by persistent high inflation, notably a 6% rise in service sector prices in March, and ongoing geopolitical risks.

Source: BBC

Market speculation suggests possible rate cuts later this summer, with expectations of cuts totaling 50 basis points for the year. The Bank of England also projects modest GDP growth of 0.4% in the first quarter and 0.2% in the second, after a mild recession last year. Governor Bailey emphasized that upcoming economic indicators will guide their decisions on whether inflation risks are easing.

🎯 GRIT TAKE: The BOE is showing signsupgrade to VIP now to read the full GRIT Take!

EARNINGS: Arm Holdings

Shares of Arm Holdings fell after the company forecasted weaker-than-expected revenues for fiscal 2025, suggesting a slowdown in AI-related tech spending. The chip designer anticipates revenues between $3.8 billion and $4.1 billion, with earnings of $1.45 to $1.65 per share, below analysts' expectations of $4.01 billion in revenue and $1.53 per share in profit.

Source: Reuters

Despite a strong start to the year, Arm is now focusing on expanding into data center hardware to cater to growing AI demands, offering comprehensive technology solutions for major clients like Amazon’s AWS. In the next quarter, Arm expects to outperform analyst revenue estimates, projecting sales between $875 million and $925 million and adjusted earnings per share of 32 to 36 cents.

NEURALINK: Malfunction In Patient

On Wednesday, Neuralink reported a malfunction in its brain implant that is being used in a human patient. The device, part of a brain-computer interface (BCI) called the Link, uses 1,024 electrodes across 64 ultra-fine threads. Initially implanted in 29-year-old Noland Arbaugh for a safety trial, some threads later retracted, reducing the number of functional electrodes and impacting performance measurements.

Source: CNBC

Despite this setback, Neuralink adjusted its software and techniques without needing to remove the implant, as it posed no immediate safety risk. Arbaugh continues to use the system extensively, and described the technology as providing a "luxury overload," helping him reconnect with the world. Neuralink must undergo further safety and efficacy testing before seeking FDA approval.

Headlines You Need To Know: 🎙

Chart of the Day

📊 China’s Most Important Export Partners

Source: Statista

GRIT Meme of the Day 😂

Tag GRIT Capital on social media for a chance to be featured in our meme or Tweet of the day in our GRIT daily newsletter! 👇

Source: @wallstmemes

Don’t follow us on social yet? Follow us on Instagram, TikTok, and Twitter.

The author, publisher or insiders of the publisher may currently have long or short positions in the securities of the companies mentioned herein, or may have such a position in the future (and therefore may profit from fluctuations in the trading price of the securities). To the extent such persons do have such positions, there is no guarantee that such persons will maintain such positions.

Grit is a publisher of financial information, not an investment advisor. Grit does not provide personalized or individualized investment advice or information that is tailored to the needs of any particular recipient. Grit does not guarantee the accuracy or completeness of the information provided in this page. All statements and expressions herein are the sole opinion of the author or paid advertiser.

THE INFORMATION CONTAINED ON THIS WEBSITE IS NOT AND SHOULD NOT BE CONSTRUED AS INVESTMENT ADVICE, AND DOES NOT PURPORT TO BE AND DOES NOT EXPRESS ANY OPINION AS TO THE PRICE AT WHICH THE SECURITIES OF ANY COMPANY MAY TRADE AT ANY TIME. THE INFORMATION AND OPINIONS PROVIDED HEREIN SHOULD NOT BE TAKEN AS SPECIFIC ADVICE ON THE MERITS OF ANY INVESTMENT DECISION. INVESTORS SHOULD MAKE THEIR OWN INVESTIGATION AND DECISIONS REGARDING THE PROSPECTS OF ANY COMPANY DISCUSSED HEREIN BASED ON SUCH INVESTORS’ OWN REVIEW OF PUBLICLY AVAILABLE INFORMATION AND SHOULD NOT RELY ON THE INFORMATION CONTAINED HEREIN. INVESTORS SHOULD OBTAIN INDIVIDUAL INVESTMENT ADVICE BASED ON THEIR OWN CIRCUMSTANCES BEFORE MAKING AN INVESTMENT DECISION

No statement or expression of opinion, or any other matter herein, directly or indirectly, is an offer or the solicitation of an offer to buy or sell the securities or financial instruments mentioned.

The author, publisher or insiders of the publisher may currently have long or short positions in the securities of the companies mentioned herein, or may have such a position in the future (and therefore may profit from fluctuations in the trading price of the securities). To the extent such persons do have such positions, there is no guarantee that such persons will maintain such positions.

Any projections, market outlooks or estimates herein are forward looking statements and are inherently unreliable. They are based upon certain assumptions and should not be construed to be indicative of the actual events that will occur. Other events that were not taken into account may occur and may significantly affect the returns or performance of the securities discussed herein. The information provided herein is based on matters as they exist as of the date of preparation and not as of any future date, and Grit undertakes no obligation to correct, update or revise the information in this document or to otherwise provide any additional material.

Grit does not accept any liability whatsoever for any direct or consequential loss, however arising, directly or indirectly, from any use of the information contained herein.

By using the Site or any related social media account, you are indicating your consent and agreement to this disclaimer and our terms of use. Unauthorized reproduction of this newsletter or its contents by photocopy, facsimile or any other means is illegal and punishable by law.

If you have any questions please contact us at info@gritcap.io

Join the conversation

or to participate.