Stay Ahead, Invest with Insight: Your Guide to Future Stock Success! 🌐✨ #AI
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💡Key Economic Indicators:
1. U.S. JOLTs data will be released at 10 PM on September 4th, expected at 8,100,000, previous value: 8,184,000.
2. U.S. ADP Non-Farm Employment data is scheduled for 8:15 PM on September 5th, with an expectation of 140,000, up from the previous…
💡Recent Market Overview:
September 4, 2024. Yesterday's poor PMI data has impacted the market. Today, focus is on the JOLTS data released at 10 AM. An increase in job openings may raise expectations for a Fed rate hike, putting pressure on stocks, driving U.S. bond yields…
💡Important news of today
1. The U.S. Justice Department has intensified its antitrust probe into Nvidia's dominance in AI with a new subpoena.
2.Nvidia’s RTX 5090 and 5080 graphics cards consume 600W and 400W respectively, marking significant power increases from previous…
💡Important News of today
1. Tesla CEO Elon Musk has warned on social media that excessive government spending is pushing the U.S. towards bankruptcy, sparking widespread discussion. The U.S. debt has reached $35 trillion, posing future risks.
2. In August, Tesla's Shanghai…
💡Important News:
Alphabet Inc.'s subsidiary Google will invest over $850 million to establish its second data center in Latin America in a free trade zone near Montevideo, Uruguay. Eduardo Lopez, President of Google Cloud Latin America, announced at an event in Canelones…
💡Important News:
At the Hot Chip 2024 conference, Microsoft unveiled the specifications for the Maia 100 chip. Manufactured on TSMC’s 5nm node, the Maia 100 is one of the largest processors designed specifically for handling large-scale AI workloads in Azure.
📡For more info…
💡Important News:
Apple is in discussions to invest in OpenAI, an action that would strengthen its relationship with a key partner crucial for progress in the AI race. This investment would be part of OpenAI's new funding round, which is set to value OpenAI at over $100 billion.…
💡Important News:
Meta announced that its AI model Llama is being utilized by companies like Goldman Sachs and AT&T for customer service, document review, and computer code generation. Since Meta began publicly releasing these free Llama models last year, they have been…
💡Important News:
Numerous investment firms maintain a 'buy' rating on Nvidia, including Benchmark, B of A Securities, Cantor Fitzgerald, Craig-Hallum, JP Morgan, and Morgan Stanley.
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💡Important News:
Tesla Motors Ltd., in compliance with relevant regulations, is recalling certain imported Model X electric vehicles manufactured between March 16, 2016, and July 31, 2016, totaling 870 units. These vehicles used adhesive glue for the installation of roof trim…
💡Important News:
Gold prices fluctuated while the U.S. dollar held steady near a week-high against major currencies, as traders moderated their expectations for aggressive Fed rate cuts. The dollar is poised to end a five-week losing streak, bolstered by U.S. employment market…
💡Economic Indicators:
-The U.S. July Core PCE Price Index year-on-year was announced at 2.6%, below expectations with a previous value of 2.60% and an expected 2.70%.
-The U.S. July Core PCE Price Index month-on-month came in at 0.2%, meeting expectations, with a previous…
💡Pre-market sentiment: S&P 500 futures (ESU24) and Nasdaq 100 Index futures (NDX) show a slight increase pre-market, indicating positive sentiment. The major U.S. tech giants (AAPL, MSFT, META, TSLA, NVDA, GOOGL, AMZN) are all experiencing gains, boosting pre-market sentiment.…
STATS ALERT 🚨: The U.S. second-quarter PCE price index annualized quarterly rate was announced at 2.5%, which is above expectations of 2.3% and down from the previous rate of 2.6%.
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STATS ALERT 🚨: In the second quarter of 2024, the actual value of the US GDP annualized quarter-on-quarter growth rate was 3%, higher than the consensus of 2.80% and an increase from the previous value of 2.80%.
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️STATS ALERT 🚨: The actual value of the US Initial Jobless Claims for the week ending on August 24th, 2024 was 231K, slightly lower than both the previous value of 232K and the consensus of 232K.
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