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US Market Masters: Company, Govt or NVDA?
Snowflake (SNOW) AI Product Initiatives And Guidance To Watch
2.Here are the stocks mentioned by the above Tigers: $Ingredion(INGR)$ $Tesla Motors(TSLA)$ $Snowflake(SNOW)$ $Amazon.com(AMZN)$ $NVIDIA Corp(NVDA)$ (Not investment advice)
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Last night, $Tesla Motors(TSLA)$ up 2.4%. 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 120.66 points, or 0.28%, to 43,268.94. The S&P 500 gained 23.36 points, or 0.40%, at 5,916.98 and the Nasdaq Composite rose 195.66 points, or 1.04%, to 18,987.47.
$SUPER MICRO COMPUTER INC(SMCI)$ surged 31% after the server maker late Monday appointed an independent auditor and submitted a plan with Nasdaq that it believes supports its request for an extension of time to regain compliance with Nasdaq listing requirements. The stock will remain listed pending Nasdaq's review of the plan. Super Micro said its board engaged BDO USA as its auditor, effective immediately. The company disclosed in late October that its previous accounting firm, Ernst & Young, had resigned.
$NVIDIA Corp(NVDA)$ rose 4.9% following Monday's slide of 1.3%. Third-quarter earnings Wednesday from the chip maker, the largest maker of artificial-intelligence related microchips, are the most anticipated event of the week. The stock has gained 197% this year.
$MicroStrategy(MSTR)$ gained 12%. The company will be selling a $1.75 billion issue of convertible bonds and plans to use the proceeds to buy additional Bitcoin. Shares of MicroStrategy, the largest corporate holder of Bitcoin, closed up 13% to $384.79 Monday after hitting a record high earlier in the session. Analysts at Benchmark raised their price target on the stock to $450 from $300 and maintained their Buy rating.
Fed's Schmid says it is uncertain how far interest rates can fall
It remains uncertain how far interest rates can fall, though the initial reductions made by the U.S. central bank are a vote of confidence that inflation is returning to its 2% target, Kansas City Fed President Jeffrey Schmid said on Tuesday.
"The decision to lower rates is an acknowledgement of the ... growing confidence that inflation is on a path to reach the Fed's 2% objective - a confidence based in part on signs that both labor and product markets have come into better balance in recent months," Schmid said in remarks prepared for delivery to the Omaha Chamber of Commerce.
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All right, here is all the market information we would like to share with youοΌ
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Nvidia
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Wowww rocket fuel!!