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Nvidia Stock Surges as Foxconn Announces Massive AI Server Facility

Nvidia (NVDA) stock rose on Tuesday after Foxconn, the world’s largest contract electronics manufacturer, touted strong demand for artificial intelligence servers. Nvidia (NVDA) shares surged on Tuesday after Foxconn, the world’s largest contract electronics manufacturer, announced strong demand for AI servers. During its annual tech day, Foxconn revealed it is constructing the world’s largest AI…

ByPexecoOctober 9, 20240Comments

Stocks

Microsoft Shares Surge Amid Dividend Hike, $60 Billion Buyback

Microsoft shares rose for the the seventh consecutive session on Tuesday, with the latest gains coming after the tech giant hiked its quarterly dividend by 10% and approved a $60 billion stock buyback. Microsoft shares extended their rally for the seventh consecutive session on Tuesday, fueled by the company’s announcement of a 10% increase in…

ByPexecoSeptember 18, 20240Comments

Stocks

Nvidia Shares Plummet Amidst AI Stock Sell-Off

As of 2023, Nvidia's stock price has grown by approximately 146% year-to-date, driven by its dominant position in AI chip technology and strong demand for its GPUs. Nvidia shares experienced their most significant single-day decline, dropping over 9% on Tuesday amid a broader sell-off in artificial intelligence (AI) stocks. The market's retreat from AI stocks…

ByPexecoSeptember 4, 20240Comments

Finance News

What To Expect in the Markets This Week

Key Takeaways Markets will be closed for the Labor Day holiday Monday. While reports on job openings and private-sector hiring will set the stage earlier in the week, August jobs data will capture attention on Friday. This week's technology company earnings include Broadcom, Hewlett Packard Enterprise, and Zscaler. Retailers Dollar Tree, Big Lots, and Dick’s…

ByPexecoSeptember 2, 20240Comments

TOP Stocks

5 Stocks to Watch in September as Market Dynamics Shift

As August came to a close, stocks rebounded, positioning the S&P 500 just below its all-time high heading into September. However, significant changes have occurred beneath the surface since July. The Magnificent Seven (MAGS) stocks, once dominant in the market, have struggled to fully recover from recent sell-offs. The year's most popular trade—a bullish bet…

ByPexecoSeptember 1, 20240Comments

Stocks

Nvidia Set to Report Q2 Fiscal 2025 Earnings

Nvidia (NVDA) is scheduled to report its second-quarter earnings for fiscal 2025 after the market closes on Wednesday. Investors will be closely monitoring the company's performance, particularly looking for sustained growth in its data center segment and any updates on the reported delays affecting its upcoming Blackwell artificial intelligence (AI) chip. Anticipated Financial Performance According…

ByPexecoAugust 28, 20240Comments

Stocks

How Much Hype is Left in Nvidia’s Stock? Investors Await Crucial Earnings Report

The European Commission has significantly reduced the import duty on Tesla vehicles manufactured in China, potentially paving the way for a surge in sales across the region. Chinese EV exports to the EU experienced a sharp decline in response to the proposed tariffs. Nvidia has ridden Wall Street's mania around artificial intelligence to become one…

ByPexecoAugust 22, 20240Comments

Economic Calendar

What To Expect in the Markets This Week 24-28JUN2024

KEY TAKEAWAYS The Federal Reserve's preferred measure of inflation, the Personal Consumption Expenditures (PCE) index, will be released Friday. The inflation data and a slew of other indicators during the week will be closely watched amid hopes that continued indications of sluggish economic activity could spur the Fed to cut interest rates. Several Federal Reserve…

ByPexecoJune 23, 20240Comments

Stocks

Elon Musk’s xAI Partners with Dell and Super Micro for AI Hardware

KEY TAKEWAYS Elon Musk announced that Dell Technologies and Super Micro Computer will be providing hardware for his artificial intelligence (AI) project. Musk said the two companies would be involved in assembling the supercomputer that his startup, xAI, is building. Dell CEO Michael Dell also noted that Dell was working with Nvidia to create a…

ByPexecoJune 21, 20240Comments

Stocks

Key Levels to Watch as Nvidia, Microsoft, and Apple Compete for Market Cap Leadership

KEY TAKEWAYS As Nvidia, Microsoft, and Apple jostle for the mantle of the world’s most valuable company by market capitalization, watch out for these key chart levels. Monitor if buyers can defend an uptrend line in Nvidia shares around $87 during periods of profit taking. A breakdown below a key uptrend line in Microsoft shares…

ByPexecoJune 19, 20240Comments

European Central Bank ready to cut?

Oil prices are uncertain as to which direction to take

ECB June cut in the works?

Gold Outlook: Petraces from all-time highs

Germany’s HICP rates in sight

Equities report: Equities send out mixed signals

Microsoft Shares Surge Amid Dividend Hike, $60 Billion Buyback

Nvidia Shares Plummet Amidst AI Stock Sell-Off

What To Expect in the Markets This Week

5 Stocks to Watch in September as Market Dynamics Shift

Nvidia Set to Report Q2 Fiscal 2025 Earnings

How Much Hype is Left in Nvidia’s Stock? Investors Await Crucial Earnings Report

What To Expect in the Markets This Week 24-28JUN2024

Elon Musk’s xAI Partners with Dell and Super Micro for AI Hardware

Key Levels to Watch as Nvidia, Microsoft, and Apple Compete for Market Cap Leadership