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[Winners Announcement:15 Oct ]
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2.Here are the stocks mentioned by the above Tigers: $SoFi Technologies Inc.(SOFI)$ $Morgan Stanley(MS)$ $Palantir Technologies Inc.(PLTR)$ $Goldman Sachs(GS)$ $Tesla Motors(TSLA)$ (Not investment advice)
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Last Friday night, $NVIDIA Corp(NVDA)$ down 4.52%.There were 19 Tigers that answered correctly and successfully shared 1000 Tiger coins, with each Tiger getting 53 Tiger coins as a reward! Tiger coins have been issued! CongratulationsοΌ
Below are Today's Key Takeaways.
Top News Move the Market
The Dow Jones Industrial Average fell 324.80 points, or 0.75%, to 42,740.42, the S&P 500 lost 44.59 points, or 0.76%, to 5,815.26 and the Nasdaq Composite lost 187.10 points, or 1.01%, to 18,315.59.
$ASML Holding NV(ASML)$ ), the Dutch manufacturer of equipment used in chip-making, fell 16% after reporting third-quarter earnings and revenue that rose from a year earlier but orders in the period that were well under Wall Street estimates, leading the company to cut sales guidance. The company said: "While there continue to be strong developments and upside potential in AI, other market segments are taking longer to recover. It now appears the recovery is more gradual than previously expected. This is expected to continue in 2025, which is leading to customer cautiousness."
$NVIDIA Corp(NVDA)$ tumbled 4.7% following the earlier-than-expected release of earnings from ASML. Shares of Nvidia, the semiconductor maker and the leading provider of chips to train artificial-intelligence systems, had risen 2.4% Monday to a record closing high of $138.07. A report from Bloomberg late Monday said U.S. officials were considering capping sales of advanced AI chips to certain countries in the interest of national security.
$Trump Media & Technology(DJT)$, the parent company of former President Donald Trump's Truth Social platform, fell 9.7% following a gain of 18% in the previous session. The stock had been rising as Trump's perceived chances of winning the U.S. presidential election in November have increased.
Americans said they expected higher inflation over the longer run last month, as their expectations of credit turbulence rose to the highest level since April 2020, the Federal Reserve Bank of New York said in a report on Tuesday.While inflation a year from now is seen holding steady at 3%, three years from now it is seen at 2.7% from Augustβs 2.5% estimate, and at 2.9% in five years, from 2.8% in the August survey, the bank said in its latest Survey of Consumer Expectations.
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