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Pre-market trading for the three major futures indexes of US stocks saw a slight increase. Nvidia rose by more than 3%. European stocks collectively rose, and the Swiss franc against the US dollar briefly fell.
On Monday, June 17th, pre-market trading in US stocks saw a small increase in the three major stock index futures, with Dow Jones futures up 0.03%, S&P 500 index futures up 0.40%, and Nasdaq 100 index futures up 0.66%. Semiconductor stocks rose sharply in pre-market trading, with Nvidia up over 3%, Taiwan Semiconductor up over 2%, and Super Micro Computer up nearly 4%. Popular China concept stocks had mixed gains and losses in pre-market trading, with Alibaba up 0.83%, JD.com down 0.62%, NIO Inc. down 0.23%, Xpeng up 0.4%, Li Auto Inc. down 0.38%, and Bilibili up 8.1%. European stocks rose collectively, and the German DAX30 index rose 0.
'Hot Runner' Nvidia To Hit Speed Bump In Second Half This Year? Here's What A Market Strategist Says
High-flier Nvidia Corp.'s (NASDAQ:NVDA) rally has got the Street excited, with a bullish analyst issuing a Street-high forecast for the stock earlier this week. But at least one analyst has chosen to
The 'soft spot' of the Nvidia empire: three major risks of GPUs.
On June 18, global GPU leader Nvidia became the world's largest company by market capitalization, with a market cap of $3.33 trillion as of June 18, 2024, surpassing Microsoft, Apple, Google, and Amazon. Artificial intelligence is the biggest driving force for GPU computational power demand, as evidenced by Nvidia's high computational power contribution to GPU. In Q1 2024, datacenter business, which accounted for 86.6% of Nvidia's revenue, grew by 426% to reach $22.5 billion. In 2016, Nvidia's datacenter business revenue accounted for only 6.77%.
Investor Sentiment Improves After S&P 500 Hits Another Record Close On Tuesday
The CNN Money Fear and Greed index showed further improvement in the overall market sentiment, while the index remained in the "Fear" zone on Tuesday.U.S. stocks recorded gains on Tuesday, with the S&
The first round of evaluation of Qualcomm Snapdragon X showed that its single-core speed and energy efficiency are not as good as Apple M3, but its multi-core total score surpasses the latter.
According to the original test data from Geekbench, the multi-core performance score of Qualcomm's 12-core Snapdragon X Elite chip is higher than Apple's 8-core M3 chip in the MacBook Air, but M3 still remains undefeated in single-core performance. This means that in many tasks, Apple's M3 processing speed is still faster, and M3 is also more power-efficient than X Elite.
Barclays: EV Outlook 2024 and The 'missing middle' in transition financing
Barclays' Global Head of Sustainable Finance, Daniel Hanna discusses the 'missing middle' in energy transition deals. He tells us why more money needs to go toward projects that are too advanced to interest venture capitalists, but are ready to attract infrastructure investors. We also tackle BloombergNEF's latest EV Outlook report for 2024 with Intelligent Mobility analyst Jinghong Lyu.