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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

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

Finance News

European Stocks Surge as Cooling Inflation Fuels Hopes for ECB Rate Cuts

European stock markets continued their upward trajectory as cooling inflation fueled optimism for deeper rate cuts by the European Central Bank (ECB). Germany's DAX reached a new high after a surprising drop in consumer prices for August, further driving the rally. Expectations for significant rate cuts by central banks, particularly in Europe, continued to bolster…

ByPexecoAugust 30, 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

News

Can the ‘Magnificent Seven’ Stocks Recover?

KEY TAKEWAYS The "Magnificent Seven" on Friday notched their fifth consecutive week of losses, the group's longest losing streak since 2022. The group has been hammered in recent weeks by fears about a U.S. recession fears and overspending on artificial intelligence. Analysts have mostly characterized the recent selloff as a natural pullback that, to some,…

ByPexecoAugust 11, 20240Comments

News

How This Week’s Big Tech Earnings Could Affect the Broader Market

KEY TAKEWAYS This week will bring earnings from Microsoft, Apple, Amazon, and Meta, in what could be the biggest week of this earnings season. Big moves in their stocks would affect major indexes, and markets may be on edge after earnings reports from Tesla and Alphabet last week sent tech stocks spiraling. Any weakness in…

ByPexecoJuly 29, 20240Comments

Stocks

Top Stock Movers Now: Tesla, Alphabet, AT&T, and More

KEY TAKEWAYS U.S. equities sank at midday Wednesday as tech stocks tumbled in the wake of disappointing earnings reports. Tesla shares plunged after the electric vehicle maker missed earnings estimates as it cut prices to boost sales. AT&T shares rose after the company posted better-than-expected postpaid phone net additions and free cash flow. U.S. equities…

ByPexecoJuly 24, 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

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

European Stocks Surge as Cooling Inflation Fuels Hopes for ECB Rate Cuts

Nvidia Set to Report Q2 Fiscal 2025 Earnings

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

Can the ‘Magnificent Seven’ Stocks Recover?

How This Week’s Big Tech Earnings Could Affect the Broader Market