[Morning Report] The Dow also stalled at 40,000 dollars at 1 time, and depending on NVIDIA's financial results, meme stock investment fever stalls, exceeds Applied's forecast

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NY stock highlights: Dow stalls 40,000 dollars at one point, voices say it depends on NVIDIA's financial results
The US Dow Jones Industrial Average, which was in the 40,000 dollar range for the first time during trading hours on the 16th, then stalled. Optimism about the US economy and corporate performance due to heightened expectations for lower US interest rates boosted stock prices, but there are also cautious views on the room for future increases. To be announced next week $NVIDIA(NVDA.US)$The financial results seem to hold the key to establishing the Dow Jones Average at large.

NY Fed President Has No Reason to Change Policy Stance So Far - Report
New York Federal Reserve President Williams stated that the latest US inflation data confirms that upward pressure on prices is gradually easing, but further evidence is needed to adjust interest rates.
Related articles:President Mester is wise to maintain a suppressive stance on the economy for longer
Hedge fund Locos executives predict that the US is unlikely to cut interest rates by the end of the year

[Column] Trump's Intervention in the FRB Awaits Terrible Ending - Dudley
The possibility that former US President Trump will return has given rise to uneasy speculations. What would happen if Mr. Trump strengthened his control over the US Federal Reserve System, and the independence of the central bank, which is essential for controlling inflation and maintaining the stability of the US economy, is impaired?

NY yen exchange rate falls 1 dollar = 155 yen 35 to 45 yen sold due to widening Japan-US interest rate difference
The yen exchange rate fell in the New York foreign exchange market on the 16th, and the transaction was closed at 1 dollar = 155 yen 35 to 45 yen, 50 yen depreciated and the dollar higher by 50 yen compared to the previous day. A senior US Federal Reserve (Fed) official expressed a cautious view on early interest rate cuts. Long-term US interest rates rose, and since the Japan-US interest rate difference widened, yen sales and dollar purchases began.
Related articles:The Bank of Japan will raise interest rates in June if the situation permits, and the current situation is “too relaxed” - Director Sekine Hajime

“Magnificent 7” was sold, and asset owner Druckenmiller and others determined profit
Both the investment companies of wealthy Stanley Druckenmiller and David Tepper have determined some profits by selling large high-tech stocks called “Magnificent Seven,” which has promoted US stock prices this year.
Related articles: $Microsoft(MSFT.US)$Utilizing generative AI in the medical/healthcare field

Game Stop and AMC lose a total market value of 7 billion dollars - meme stock investment fever stalls
At the US stock market on the 16th $GameStop(GME.US)$ with $AMC Entertainment(AMC.US)$ The stock price continued to fall. The meme stock investment fever that took the market by storm this week has calmed down.

Applied's sales forecast exceeds market expectations, but investors are not responding
Rice, the largest semiconductor manufacturing equipment manufacturer $Applied Materials(AMAT.US)$The earnings forecast announced on the 16th was not well received by investors only after stock prices rose this year.

Rice consumption inflation fatigue Walmart takes advantage of capturing high-income earners
The largest rice retailer $Walmart(WMT.US)$In the financial results for the fiscal year ending 2024/2-4 announced on the 16th, sales increased 6% compared to the same period last year to 161.58 billion dollars (about 25 trillion yen). The reason we were able to secure an increase in sales while there is a sense of deceleration due to “inflationary fatigue” in rice consumption is that they worked hard to capture high-income people who began visiting stores in search of bargains.

Open AI and Reddit partner up - with ChatGPT, AI products, and advertisements
The US Open AI will be on social media on the 16th $Reddit(RDDT.US)$A partnership with was announced. Reddit content is imported into an open AI chatbot “ChatGPT”, etc., so that new artificial intelligence (AI) functions can be added to the online community.

Growth 250 index falls retrograde due to 7-month low preference for large stocks
The Tokyo Stock Exchange Growth Market 250 Index continued to fall in the Tokyo Stock Exchange on the 16th, and it set a low level for the first time in about 7 months since 2023/10 with 635.09, which is 8.43 points (1.3%) lower than the previous day. Funds went to large high-tech stocks centered on semiconductors from expectations of interest rate cuts by the US Federal Reserve (Fed), and sales dominated small to medium stocks and emerging stocks.

Today's stock price materials (newspapers, etc., 17th) logistics matching with ITOCHU, KDDI, etc.
▽ $ITOCHU(8001.JP)$ 、 $KDDI(9433.JP)$ Logistics matching, etc. and consolidation of luggage into an empty vehicle (Nikkei)
Related articles:ITOCHU, KDDI, and logistics matching are mixed with empty vehicles