In May, tech giants unveiled their quarterly performance reports, with $NVIDIA(NVDA.US$'s stellar results capturing the most attention. NVIDIA's performance helped propel the $NASDAQ 100 Index(.NDX.US$ and $S&P 500 Index(.SPX.US$ to new all-time highs.
Looking ahead, Fundstrat Global Advisors predicts that the S&P 500 could surge to 5500 points in June, a potential rise...
Looking ahead, Fundstrat Global Advisors predicts that the S&P 500 could surge to 5500 points in June, a potential rise...
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Nvidia's constantly iterative chip products mean that the AI giant's revenue surge may not be over yet, even after the release of financial results that greatly exceeded expectations.
As the company reports a tripling or more of its business, Nvidia CEO Jensen Huang said that the company's next-generation AI GPU, called Blackwell, would lead to more growth.
Demand for H200 and Blackwell is well ahead of supply ...
As the company reports a tripling or more of its business, Nvidia CEO Jensen Huang said that the company's next-generation AI GPU, called Blackwell, would lead to more growth.
Demand for H200 and Blackwell is well ahead of supply ...
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Known as the Magnificent Seven, $Apple(AAPL.US$, $Microsoft(MSFT.US$, $Alphabet-A(GOOGL.US$, $Amazon(AMZN.US$, $NVIDIA(NVDA.US$, $Meta Platforms(META.US$, and $Tesla(TSLA.US$ certainly lived up to their reputation with significant gains in 2023&2024. With the current earnings season wrapping up, the seven major tech companies have released their first-quarter results. A closer look reveals that cloud services ...
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On May 21, Bitcoin (BTC) soared above $70,000, propelled by heavy investment in spot Bitcoin ETFs and an overall market upturn, reaching a high of $71,980 — a 6% rise within a day — then stabilizing at $71,000.
Also, Ethereum (ETH) spearheaded the market surge in the last few hours, soaring an impressive 14.5% in just one hour on Monday, fueled by rumors that the US SEC could greenlight spot Ethereum ETFs. ETH...
Also, Ethereum (ETH) spearheaded the market surge in the last few hours, soaring an impressive 14.5% in just one hour on Monday, fueled by rumors that the US SEC could greenlight spot Ethereum ETFs. ETH...
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CPI in the United States decreased to 3.40 percent in April from 3.50 percent in March of 2024. Core consumer prices in the US increased 3.60 percent in April of 2024 over the same month in the previous year, down from 3.80% in March.
Food costs were up 2.2% compared with one year ago, consistent with last month.
Energy costs increased by 2.6% YoY, after increasing by 2.1% YoY in March. Energy prices increased by 1.1% on a MoM base.
Used cars and t...
Food costs were up 2.2% compared with one year ago, consistent with last month.
Energy costs increased by 2.6% YoY, after increasing by 2.1% YoY in March. Energy prices increased by 1.1% on a MoM base.
Used cars and t...
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The second quarter kicked off with a challenging start for US stocks. Reduced expectations for rate cuts, soaring US Treasury yields, and frequent geopolitical conflicts have caused a series of negative disruptions that made things difficult. The $S&P 500 Index(.SPX.US$ dropped nearly 3% in April, ending its five-month winning streak. However, there were positive signs as investor o...
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The earnings season for major tech companies is underway, with key players on the Nasdaq, such as $Microsoft(MSFT.US$, $Alphabet-A(GOOGL.US$, and $Amazon(AMZN.US$, set to announce their financial results in the coming weeks and months. Big technology-related company earnings are expected to again lead $S&P 500 Index(.SPX.US$ profit growth in the upcoming U.S. reporting period, which could refuel optimism for stock market.
Here's when...
Here's when...
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Annual inflation rate in the US accelerated for a second straight month to 3.5% in March 2024 from 3.2% in February, above market forecasts of 3.4%. Compared to the previous month, the CPI rose 0.4%, the same as in February but above forecasts of 0.3%.
Food costs were up 2.2% compared with one year ago, consistent with last month.
Energy costs increased by 2.1% YoY. Energy costs decreased by 1.9% YoY in February.
Used cars and trucks prices decreas...
Food costs were up 2.2% compared with one year ago, consistent with last month.
Energy costs increased by 2.1% YoY. Energy costs decreased by 1.9% YoY in February.
Used cars and trucks prices decreas...
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Tesla said it produced 433,371 vehicles in the first quarter, down from 440,808 in the same period a year ago. Deliveries fell to 386,810, down from 422,875 in the same period last year.
The decline in volumes in Q1 partially due to early phase of production ramp of updated model 3 at fremont factory and factory shutdowns.
Analysts expected deliveries of 449,080 vehicles in the quarter. A collection of 30 predictions, compiled ...
The decline in volumes in Q1 partially due to early phase of production ramp of updated model 3 at fremont factory and factory shutdowns.
Analysts expected deliveries of 449,080 vehicles in the quarter. A collection of 30 predictions, compiled ...
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