Nasdaq – NDX rise on prospect of Big Tech results, Fed decision
The Nasdaq and the S&P 500 rose in choppy, range-bound trading on Monday as investors looked forward to a raft of upcoming triggers such as Big Tech earnings, a Federal Reserve policy decision on interest-rate cuts and key labor data.
Tesla, Inc. (TSLA) saw its stock rise by 5.6% to $232.15 after Morgan Stanley analyst Adam Jonas reiterated an Overweight rating and maintained a $310 price target.
Tesla plans to make 2.77 million cars by 2025, focusing on cheaper models priced at $30,000. Despite higher revenue, its EPS fell short, dropping its stock to $219.80, an 11.52% yearly fall.
Nvidia Corporation (NVDA) saw a 259% gain over 13 months, driven by bullish trading strategies focusing on technical and valuation metrics.
Nvidia’s stock soared 130% in 2024, fuelled by Al excitement, even as investors shifted from high-value stocks to small caps due to market responses to Tesla and Alphabet earnings.
Nvidia stock rose in premarket trading, gaining 0.79%, then 0.6% after a previous 0.7% increase, as investors awaited Al comments during tech earnings.
I predict, unless there are illegal vote riggings or some other sudden “surprise” such as an unexpected war days before the election, that Trump will obliterate the leftists gunning for power. I live in a very liberal area just north of San Francisco, which is highly liberal.
If you read the comment sections of the area media sites, they are overwhelmed with people calling for the “destruction” of the democrat party and they want Biden and his entire administration in prison and facing charges of Treason. A complete 100% shift from years 4 ago.
The EU’s external action service, in effect the bloc’s foreign ministry, has been told to cut €43mn — almost 5 per cent of its planned budget — after breaching agreed spending limits, said five officials briefed on the demand. …
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Taking the sell side of Yen pairs coming up shortly. I hope some of you guys bought defense stocks last week or so when I thought it looked good. Lockheed blasted uphill highly robust about 48hrs later. We are in very dangerous military waters at present.