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Big Tech Stocks Diverge: Will they boost the market again?
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$NVIDIA (NVDA.US)$ I was expecting a bloodbath this morning ...

$NVIDIA(NVDA.US)$ I was expecting a bloodbath this morning I saw futures down 200 in the middle of the night.. so obviously I cringed at 4:00 a.m. looking at Nvidia to see how low it was going to be and to my surprise there's a little bit of reprieve that it's in the green this morning although it may not last going into some economic numbers today.. Facebook meta had very good earnings however their Ford projections were their demise as they said that their Capital expenditures we're going to be significantly higher than what they previously released. they're focusing on AI and the build out of their metaverse which is going to require an enormous amount of money spent. recently I believe it was about 2 weeks ago meta announced that they're spending several billion dollars in chips this year and those chips are coming from one company. what's bad news for meta is going to be excellent news for us.. that's how I interpret it I listen to the conference call from at a yesterday hopefully we get a head analyst from Goldman Sachs or similar to come out with the a statement about Nvidia saying that they are going to profit immensely even greater than what was expected because of the additional capex from meta.
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