Japanese stock market index recovers strongly after crash: Investors in Japan are experiencing a rollercoaster of emotions. After the dramatic slump at the start ...
focus.de/finanzen/boerse/boerse-am-morgen-dax-bricht-ein-panische-anleger-fliehen-aus-aktien_id_260196816.html
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Japanese stock market index recovers strongly after crash: Investors in Japan are experiencing a rollercoaster of emotions. After the dramatic slump at the start ...
focus.de/finanzen/boerse/boerse-am-morgen-dax-bricht-ein-panische-anleger-fliehen-aus-aktien_id_260196816.html
Elon Musk could be the world's first trillionaire: If his current fortune of 237 billion dollars continues to grow, Musk will cross this limit as early as ...
derstandard.at/story/3000000235746/elon-musk-koennte-der-erste-billionaer-der-welt-sein
Elon Musk on track to be world's first trillionaire by 2027: report: Musk's wealth, which is closely tied to his Tesla stake, has fluctuated over the past few ...
businessinsider.com/elon-musk-trillionaire-first-2027-tesla-wealth-money-2024-9
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Quick Glance: Elon Musk: First Trillionaire by 2027?
- Elon Musk is set to become the world's first trillionaire by 2027, with his wealth growing at an annual rate of 110%.
- The Trillion Dollar Club report predicts Gautam Adani will be the second trillionaire in 2028, followed by Jensen Huang and Prajogo Pangestu.
- Public interest in who will become the first trillionaire has been ongoing since John D. Rockefeller was named a billionaire in 1916.
- Musk faced backlash for a controversial post about the Holocaust, which he later deleted.
Nvidia Rumored to Be Increasing Power for Blackwell GPUs: RTX 5090 at 600W, 5080 at 400W
extremetech.com/gaming/nvidia-rumored-to-be-increasing-power-for-blackwell-gpus-rtx-5090-at-600w
Inflation data to show whether prices continued cooldown: Inflation has fallen significantly but remains above the Fed's target of 2%.
abcnews.go.com/Business/inflation-data-show-prices-continued-cooldown/story
Quick Glance: Inflation Declines: August CPI Report Insights
- Consumer prices rose by 2.5 percent year-over-year in August, down from 2.9 percent in July.
- The Federal Reserve is expected to announce its first interest rate cut in over four years next week, aided by the cooling inflation.
- Core inflation stood at 3.2 percent, emphasizing persistent housing costs as a key concern.
- Decreasing food prices and falling energy costs provide relief for consumers, while markets react to the Fed's upcoming interest rate decisions.
US inflation falls to 2.5% in August: Figure sets stage for Federal Reserve to cut interest rates at its meeting next week
ft.com/content/66a18979-cd6b-4872-abe7-f4487ea64b15
Quick Glance: US Inflation Drops to 2.5% in August
- US inflation decreased to 2.5% in August, setting the stage for a potential interest rate cut by the Federal Reserve next week.
- The Core CPI remained stable at 3.2%, with August adding 142,000 jobs, indicating positive labor market trends.
- Traders raised their expectations for a quarter-point rate cut, while Goldman Sachs considers a possible 50 basis point reduction.
- Fed officials stress a cautious approach to interest rate policy unless significant labor market deterioration is observed.
Energy prices: Oil price falls to three-year low - | Brent below 70 dollars: A barrel of Brent crude oil temporarily cost less than 70 US dollars for the first ...
handelsblatt.com/finanzen/maerkte/devisen-rohstoffe/energiepreise-oelpreis-faellt-auf-dreijahrestief-brent-unter-70-dollar/100068235.html
Stock market today: Indexes whipsaw after inflation-fueled selloff: The Dow erased a 600 point loss and the Nasdaq ended more than 2% higher as CPI sent ...
markets.businessinsider.com/news/stocks/stock-market-today-selloff-inflation-cpi-report-fed-rate-cuts-2024-9
Trump is more locked in on tariffs than ever before: A new Trump administration would likely rely even more heavily than the first on tariffs as a policy tool ...
axios.com/2024/09/09/trump-tariffs-policy-plan
Treasury Two-Year Yield Nears Lowest Since 2022 Ahead of US CPI: US Treasuries rallied ahead of a closely watched inflation reading that could cement bets on the ...
bloomberg.com/news/articles/2024-09-11/treasury-two-year-yield-nears-lowest-since-2022-ahead-of-us-cpi
AMD announces unified UDNA GPU architecture — bringing RDNA and CDNA together to take on Nvidia's CUDA ecosystem
tomshardware.com/pc-components/cpus/amd-announces-unified-udna-gpu-architecture-bringing-rdna-and-cdna-together-to-take-on-nvidias-cuda-ecosystem
Quick Glance: AMD Unifies RDNA and CDNA into UDNA Architecture
- AMD announced the UDNA architecture at IFA 2024, unifying RDNA and CDNA to more effectively challenge Nvidia's CUDA ecosystem.
- Jack Huynh explained that this unification will aid developers by eliminating the need to choose between two architectures, thus reducing complexity.
- AMD aims to enhance software support to compete with Nvidia's CUDA while continuing to focus on the ROCm development.
- The UDNA architecture may introduce AI acceleration units for consumer GPUs, which is critical for the current market.
Nvidia (NVDA) CEO Huang Says Customer Relations Are Tense Due to Chip Shortages: Nvidia Corp. Chief Executive Officer Jensen Huang, whose products have become ...
bloomberg.com/news/articles/2024-09-11/nvidia-ceo-says-customer-relations-are-tense-due-to-shortages
Gold prices subdued as traders await Fed rate outlook cues: Gold prices were flat on Monday, as investors awaited U.S. inflation print due this week to ...
reuters.com/markets/commodities/gold-prices-subdued-traders-await-fed-rate-outlook-cues-2024-09-09/
Oracle Is an AI Powerhouse Thanks to Nvidia and Nuclear Reactors: For years, Microsoft, Amazon, and Google had the public cloud to themselves ...
on.barrons.com/3B9KDA9
Charleston's missing flavor: The need for authentic Black culinary experiences: Charleston's missing flavor: The need for authentic Black culinary experiences.
postandcourier.com/charlestonschoice/charlestons-missing-flavor-the-need-for-authentic-black-culinary-experiences/article_8fd37be0-5a77-11ef-97f3-eb4c9250a5a5.html
AMD confirms it won't prioritize competing with Nvidia's top gaming GPUs
techspot.com/news/104633-amd-confirms-wont-prioritize-competing-nvidia-top-gaming.html
Nvidia CEO says product shortages are making customers emotional: Demand for Nvidia's AI chips, including the Blackwell line, has surged, straining suppliers.
businessinsider.com/nvidia-ceo-jensen-huang-product-shortages-making-customers-emotional-tense-2024-9
Shock - | well-known expert advises: This is why you should definitely sell your Nvidia shares now
boerse-online.de/nachrichten/aktien/schock-bekannter-experte-raet-darum-sollten-sie-die-nvidia-aktie-jetzt-unbedingt-verkaufen-20365617.html
Nvidia CEO details AI infrastructure ROI with Goldman Sachs: Nvidia's Jensen Huang explains AI cloud computing ROI math in a talk with Goldman Sachs' David ...
businessinsider.com/nvidia-ceo-jensen-huang-details-ai-infrastructure-roi-goldman-sachs-2024-9
Bitcoin ETFs Have Lost Their Luster. Investors Yank $1.2 Billion in Just 8 Days.: Bitcoin exchange-traded funds appear to be losing their shine ...
barrons.com/articles/bitcoin-price-crypto-buy-sell-bfdbee38
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Traders Pare Half-Point Fed Rate Cut Bets This Month After CPI Data: Traders are uniting behind bets the Federal Reserve will cut interest rates by only a ...
bloomberg.com/news/articles/2024-09-11/traders-back-off-bets-on-jumbo-fed-cut-this-month-after-cpi-data
These billionaires have the best chance of becoming the first trillionaire: In just three years, the first person in the world could own a trillion US dollars - ...
t3n.de/news/milliardaere-erster-billionaer-1645023/
Nvidia stock price jumps as Jensen Huang addresses biggest AI question: Productivity gains and immediate cost savings are the core tenets of Nvidia's ROI pitch ...
markets.businessinsider.com/news/stocks/nvidia-stock-price-jumps-as-jensen-huang-addresses-biggest-ai-question-2024-9
Nvidia’s (NVDA) Blackwell Chip Delay in Focus Amid Stock Slump: Nervous Nvidia Corp. investors are eager for an update on its Blackwell chip rollout — hoping for ...
bloomberg.com/news/articles/2024-09-10/nvidia-s-blackwell-chip-delay-is-center-stage-amid-stock-slump
Atlanta Fed's Bostic violated trading rules, US central bank watchdog says: Federal Reserve Bank of Atlanta President Raphael Bostic's trading and investing ...
reuters.com/business/finance/atlanta-feds-bostic-violated-trading-rules-us-central-bank-watchdog-says-2024-09-11/
Nvidia (NVDA) Subpoenaed by Justice Department in Antitrust Investigation: The US Justice Department sent subpoenas to Nvidia Corp. and other companies as it ...
bloomberg.com/news/articles/2024-09-03/nvidia-gets-doj-subpoena-in-escalating-antitrust-investigation
Quick Glance: Nvidia Stock: Decline or Buying Opportunity?
- Nvidia's stock fell over 13% due to weak economic data and uncertainties following positive quarterly results.
- BlackRock strategists questioned whether AI revenues would justify high investments, while US antitrust authorities are investigating Nvidia.
- Despite the drop, the long-term AI hype remains intact, positioning Nvidia as a key player in this sector.
- Analysts recommend buying the stock, noting a decrease in the price-to-earnings ratio compared to the past five years, along with expectations of significant revenue and profit growth.
TSMC’s August Revenue Climbs 33% as AI Chip Demand Holds Up: Taiwan Semiconductor Manufacturing Co.’s revenue rose 33% last month, in a positive signal to ...
bloomberg.com/news/articles/2024-09-10/tsmc-s-august-revenue-climbs-33-as-ai-chip-demand-holds-up
US CPI Data: Core Inflation Picks Up as Housing Costs Continue to Rise: Underlying US inflation unexpectedly picked up in August as housing costs accelerated ...
bloomberg.com/news/articles/2024-09-11/core-us-inflation-picks-up-as-housing-costs-continue-to-rise
US dollar regains footing as traders pare bets on big Fed rate cut: The dollar bounced against the yen and other major currencies on Monday ...
reuters.com/markets/currencies/dollar-tentative-yen-dips-muddled-fed-rate-cut-outlook-2024-09-09/
Fed to cut rates by 25 basis points on Sept. 18, twice more in 2024: Reuters poll
reuters.com/markets/us/fed-cut-rates-by-25-basis-points-sept-18-twice-more-2024-2024-09-10/
Goldman CEO Solomon Sees Case for Half-Point Fed Rate Cut as Jobs Soften: Goldman Sachs Group Inc. Chief Executive Officer David Solomon said there’s still a ...
bloomberg.com/news/articles/2024-09-11/goldman-ceo-sees-case-for-a-50-point-cut-due-to-softening-signs
Investors don’t like what JP Morgan sees in 2025: The biggest bank briefs analysts on the challenges ahead.
sacbee.com/news/business/article292275555.html
Harris Needles Trump and Puts him on the Defensive: This is Washington Edition, the newsletter about money, power and politics in the nation’s capital ...
bloomberg.com/news/newsletters/2024-09-11/harris-needles-trump-and-puts-him-on-the-defensive
Nvidia CEO reveals why he chooses to ‘torture’ his employees: The CEO recently opened up about how to he keeps his employees in check.
sacbee.com/news/business/article292155145.html
Nvidia: Cheapest It's Been In A Decade: Nvidia's stock poised for mid-teens returns with strong demand for AI chips and growth prospects, despite potential risks ...
seekingalpha.com/article/4719917-nvidia-cheapest-its-been-in-a-decade
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New CPI report shows another month of cooling inflation: The Fed is looking to cut interest rates as soon as next week.
axios.com/2024/09/11/cpi-report-august-inflation-fed-interest-rate-cuts
Meta Stock Is a Better AI Bet Than Nvidia, Analyst Says: DA Davidson analysts say Facebook’s parent Meta exemplifies the benefits of being led by its founder ...
barrons.com/articles/meta-stock-price-buy-analyst-nvidia-ai-86685b2a
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Apple hopes its iPhone 16’s AI features will be enough to revive flagging sales: Apple hopes the iPhone 16's AI features will convince consumers to upgrade their ...
fortune.com/2024/09/10/apple-iphone-16-ai-features-bellwether-consumer-ai/
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US economy added 142,000 jobs in August: Figure comes in below expectations, but above July’s number
ft.com/content/73cc0440-f3d6-4501-ba1c-e446fc7fc059
Quick Glance: Fed Officials Signal Openness to Rate Cuts
- Federal Reserve officials indicate potential for interest rate cuts if economic data supports such moves.
- Waller and Williams highlight a solid economy but note mixed signals from the labor market.
- The jobs report for August showed fewer jobs added than expected, raising recession concerns.
- Analysts believe market reactions predicting a 0.5 percentage point cut are exaggerated.
Goldman Sachs Strategists Say Stocks Unlikely to Sink Into Bear Market: US equities are unlikely to slump 20% or more as the risk of a recession remains low ...
bloomberg.com/news/articles/2024-09-10/goldman-strategists-say-stocks-unlikely-to-sink-into-bear-market
Volvo Cars looks to Nvidia-powered software, 'megacastings' for future EVs: Swedish automaker Volvo Cars slashed its margin and revenue ambitions for a second ...
reuters.com/business/autos-transportation/volvo-cars-looks-nvidia-powered-software-megacastings-future-evs-2024-09-05/
Quick Glance: Volvo Cars Scales Back EV Goals for 2030
- Volvo Cars has abandoned its goal of offering only electric vehicles by 2030.
- The company anticipates that plug-in hybrids will be crucial for future profit growth.
- Increasing demand for hybrid vehicles is prompting a strategic shift in the automotive industry.
- By 2025, Volvo expects electrified cars to make up 50% to 60% of its sales volume.
Futures waver on caution ahead of inflation report: Wall Street's benchmark S&P 500 index closed up 0.5% on Tuesday but concerns about slowing economic growth ...
reuters.com/markets/us/futures-waver-caution-ahead-inflation-report-2024-09-10/
Quick Glance: Wall Street Rallies on Bargain Hunting and Optimism
- Wall Street's major indexes gained over 1% as investors sought bargains following last week's sell-off.
- Key events this week include the consumer price index and the Fed's interest rate decision on September 18.
- Boeing shares rose 3.4% after a tentative labor deal, while Palantir and Dell were added to the S&P 500.
- Markets show positive sentiment despite uncertainties surrounding inflation figures and Fed monetary policy.
Nvidia Volatility And The 8 'Secrets' Of Selling. No. 2 Is Key.: As growth stocks like Nvidia, Apple and Microsoft lose support after monster moves ...
investors.com/how-to-invest/when-to-sell-stocks-nvidia-nvda-stock/
Fed to Weigh If Quarter-Point Rate Cut Can Support US Economy, Jobs: The Federal Reserve is set to begin unwinding its tightening campaign this month as ...
bloomberg.com/news/articles/2024-09-07/fed-to-weigh-if-quarter-point-rate-cut-can-support-us-economy-jobs
Nvidia’s (NVDA) Stock Plunge Wipes Out $400 Billion in Value: Nvidia Corp. has wiped out more than $400 billion in value this week, weighing on key equity ...
bloomberg.com/news/articles/2024-09-06/nvidia-s-400-billion-tumble-this-week-makes-bitcoin-look-calm
Onlyfans owner received around $472 million in dividends: The web portal Onlyfans, known primarily for erotica, paid its owner dividends of $472 million in 2023.
businessinsider.de/wirtschaft/international-business/onlyfans-eigner-erhielt-rund-472-millionen-dollar-ausschuettungen/
AI is 'overcooked,' investors should buy defensive stocks: Morgan Stanley: With the AI rally fading, investors should pivot to defensive shares as they wait for ...
markets.businessinsider.com/news/stocks/ai-stocks-overcooked-nvidia-seminconductors-morgan-stanley-mike-wilson-2024-9
Cash is king: High mortgage rates are changing home buying trends: Though the Federal Reserve will likely cut rates in September, customers are still facing a ...
sacbee.com/news/business/article292089285.html
Stocks Are Poised to Fall: After notching the S&P 500’s worst week since 2023 to start September, stock futures are falling on Sunday.
barrons.com/articles/stocks-futures-poised-to-fall-6449e9e7
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Money-Market Fund Assets Set to Rise Despite Fed Rate Cuts, JPMorgan Says: A record pile of cash sitting in money-market funds is set to get even bigger by the ...
bloomberg.com/news/articles/2024-09-09/jpmorgan-sees-money-market-fund-assets-rising-despite-fed-cuts
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AMD exec: Next-gen Radeons focus on mainstream, not monster GPUs: AMD exec Jack Huynh says that next-gen Radeon RX 8000 GPUs will prioritize market share over ...
pcworld.com/article/2451584/amd-exec-says-radeon-will-prioritize-market-share-not-high-end-gpus.html
Jobs Report Will Sway Fed’s Decision on Size of Rate Cut: Another crummy labor-market report could tee up a larger, half-point reduction, but decent hiring would ...
on.wsj.com/4ebr2Oy
Stock market today: Another rout hits Wall Street, giving S&P 500 its worst week in 18 months
apnews.com/article/stock-markets-fed-inflation-recession-typhoon-579d2e507f4a07d6667404a1e2eed14c
Nvidia is a bargain now that AI is going beyond the hyperscalers, says Goldman Sachs
fortune.com/2024/09/10/nvidia-goldman-sachs/
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Traders Still See at Least Two Jumbo Fed Cuts Coming Soon: Traders in the US interest-rate options market are still betting on at least one super-sized Federal ...
bloomberg.com/news/articles/2024-09-10/traders-still-see-at-least-two-jumbo-fed-cuts-coming-soon
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US Stocks: Morgan Stanley’s Wilson Says Yen Carry-Trade Risk Lingers: US equities are at risk from a further unwinding of yen-funded carry trades if the Federal ...
bloomberg.com/news/articles/2024-09-09/us-stocks-morgan-stanley-s-wilson-says-yen-carry-trade-risk-lingers
Nvidia Gross Margin Concerns Are Overblown: Analyst: Concerns about Nvidia's declining gross margins have weighed on Nvidia stock since the AI ...
investors.com/news/technology/nvidia-stock-nvidia-gross-margins-coming-down/
Dollar eases ahead of US payrolls test: The U.S. dollar eased against most major currencies on Thursday in choppy trading as investors braced for Friday's U.S ...
reuters.com/markets/currencies/dollar-wobbles-rising-bets-outsized-fed-rate-cut-2024-09-05/
Five Things You Need to Know to Start Your Day: Asia: Good morning. Tech stocks lift the broader market. Bond market ends flirtation with big Fed rate cut ...
bloomberg.com/news/newsletters/2024-09-11/five-things-you-need-to-know-to-start-your-day-asia
Gold Steady as Markets Await Inflation Data Ahead of Fed Meeting: Gold held a small advance, with markets looking ahead to this week’s US inflation data for ...
bloomberg.com/news/articles/2024-09-09/gold-steady-as-markets-await-inflation-data-ahead-of-fed-meeting
Summers Says Jobs Weakness Makes It Closer Call on Fed Going 50: Former Treasury Secretary Lawrence Summers said that while the August employment report wasn’t ...
bloomberg.com/news/articles/2024-09-06/summers-says-jobs-weakness-makes-it-closer-call-on-fed-going-50
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Stocks Have Worst Week Of Year As Recession Fears Reemerge: Concerns about a weakening labor market fittingly cast over the poor Labor Day trading week.
forbes.com/sites/dereksaul/2024/09/06/stocks-have-worst-week-of-year-as-recession-fears-reemerge/
Inflation Cooled to 2.5% in August: The consumer-price index climbed 2.5% from a year earlier, teeing up the Federal Reserve to begin gradually reducing interest ...
on.wsj.com/3Xl2AmX
This ‘Bond King’ Is Worried About a Recession. The Market Should Be, Too.: Gibson Smith, of Smith Capital, doubts the Fed can engineer a perfect soft landing ...
barrons.com/articles/bond-king-gibson-smith-fed-rate-cut-recession-markets-0d3c04b1
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Fed’s Waller Says Jobs Data ‘Requires Action,’ Open to Big Cut: Federal Reserve Governor Christopher Waller said it’s important for the US central bank to begin ...
trib.al/OAU9AwO
Morgan Stanley Sees Euro Tanking 7% as ECB Escalates Rate Cuts: Morgan Stanley sees the euro sliding toward parity with the dollar within months ...
bloomberg.com/news/articles/2024-09-10/morgan-stanley-sees-euro-tanking-7-as-ecb-escalates-rate-cuts
US 30-Year Mortgage Rate Slides to Lowest Since February 2023: US mortgage rates slid last week to the lowest level since February 2023, emboldening homebuyers ...
bloomberg.com/news/articles/2024-09-11/us-30-year-mortgage-rate-slides-to-lowest-since-february-2023
Two Chinese AI Chipmakers Seek IPOs to Mount Challenge to Nvidia: Two of China’s most prominent designers of AI chips are targeting initial public offerings in ...
bloomberg.com/news/articles/2024-09-12/two-chinese-ai-chipmakers-seek-ipos-to-mount-challenge-to-nvidia
US to Propose Bank Capital Rule Revisions as Soon as This Month: The Federal Reserve and other regulators are poised to unveil sweeping changes to a slate of ...
bloomberg.com/news/articles/2024-09-07/us-to-propose-bank-capital-rule-revisions-as-soon-as-this-month
How Donald Trump’s ‘catastrophic’ debate shook up Wall Street: For much of this year, markets have been pricing in the implications of a second Trump presidency ...
smh.com.au/business/markets/how-donald-trump-s-catastrophic-debate-shook-up-markets-20240912-p5k9ya.html
AMD deprioritizing flagship gaming GPUs: Jack Hyunh talks new strategy against Nvidia in gaming market
tomshardware.com/pc-components/gpus/amd-deprioritizing-flagship-gaming-gpus-jack-hyunh-talks-new-strategy-for-gaming-market
US Mortgage Rates Continue to Ease on Expectations of Fed Move: US mortgage rates fell last week to their lowest level since April 2023, prompting potential ...
bloomberg.com/news/articles/2024-09-04/us-mortgage-rates-continue-to-ease-on-expectations-of-fed-move
US inflation may soon undershoot Fed's 2% target: After grappling with the strongest U.S. price pressures in four decades, it's hard for investors to adjust to ...
reuters.com/markets/us/us-inflation-may-soon-undershoot-feds-2-target-mcgeever-2024-09-09/
Meta Has an Edge on Nvidia, New Bull Says: DA Davidson analysts say Facebook’s parent Meta exemplifies the benefits of being led by its founder more than any ...
barrons.com/articles/meta-stock-nvidia-bull-86685b2a
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San Francisco Fed Study Signals Housing Cost Slowdown Into 2025: Housing costs, the biggest contributor to US inflation, are on track to ease through the end of ...
bloomberg.com/news/articles/2024-09-03/san-francisco-fed-study-signals-housing-cost-slowdown-into-2025
US Payrolls: Soft Print to Pressure Semiconductor Stocks, BofA Strategists Say: Semiconductor shares including Nvidia Corp. are in for a rough ride if US jobs ...
bloomberg.com/news/articles/2024-09-06/us-payrolls-soft-print-to-pressure-semiconductor-stocks
Gold holds firm above $2,500 level as US inflation data looms: Gold prices held firm above the $2,500 level on Tuesday as market participants positioned ...
reuters.com/markets/commodities/gold-prices-edge-lower-ahead-us-inflation-print-2024-09-10/
Nvidia Draws Antitrust Scrutiny as Enforcers Signal Early Interest in AI: The Justice Department’s probe of the chip company highlights interest in being more ...
on.wsj.com/3ZhEgot
Nvidia RTX 50-series Blackwell designs and specifications expected to be finalized this month — RTX 5080 rumored to have 400W TGP
tomshardware.com/pc-components/gpus/nvidia-rtx-50-series-blackwell-designs-and-specifications-expected-to-be-finalized-this-month-rtx-5080-rumored-to-have-400w-tgp
Largest U.S. Pension Bought Lucid Stock, and Sold Nvidia, IBM, and Walmart
barrons.com/articles/lucid-stock-nvidia-ibm-walmart-b9d71a4a
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ECB Is Poised to Cut Rates Again in Warm-Up Act for the Fed: The European Central Bank will probably cut interest rates on Thursday in a prelude to a US move the ...
bloomberg.com/news/articles/2024-09-07/ecb-is-poised-to-cut-rates-again-in-warm-up-act-for-the-fed
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