Why Nvidia? Advent of artificial intelligence (AI) has been a boon to many companies. None more so than $NVIDIA Corp(NVDA)$. As leading supplier of processors used for AI, Nvidia has experienced unprecedented growth. In the company's fiscal Q1 2025 (ended 28 Apr 2024): Its revenue grew +262% YoY to $26 billion. While earnings per share (EPS), soared +629% to $5.98. Marking the 4th consecutive quarter of triple-digit sales and profit growth. All these have driven Nvidia's stock price up +650% since the start of 2023. In conjunction with its financial report, Nvidia announced a 10-for-1 stock split (to be initiated after market closes on Fri, 07 Jun 2024). Come Mon, 10 Jun 2024, Nvidia will trade based on split-adjusted basis, facilitating stock own

Broadcom follows NVIDIA's lead in stock split. What's the aftermarket outlook? $Broadcom(AVGO)$  , which has soared 52% this year, will officially implement a 10-for-1 stock split plan after market close on July 12th (this Friday). This move follows $NVIDIA Corp(NVDA)$  , another major AI player, and has sparked market speculation. Let's compare the recent stock trends of NVIDIA and Broadcom. From the announcement to the actual split, NVIDIA's share price jumped about 27%, and it has risen an additional 8% since the split. As for Broadcom, since announcing its stock split on June 12th, its share price has surged approximately 16%. The significant surge in NVIDIA's

Jurrien Timer is the director of global macro in Fidelity's Global Asset Allocation Division, specializing in global macro strategy and active asset allocation. He joined Fidelity in 1995 as a technical research analyst.Key takeawaysWhile the current bull market is aging, and may be in its seventh inning, I believe it still has some room to run and that investors still have time on their side.So far, this year has closely tracked a historical pattern of strong returns in the fourth year of a presidential cycle.Rising earnings and the Fed's easing bias may also provide support for the market in the face of the headwinds of high inflation and rates.I believe the coming years could bring an end to the current bull super cycle—which might mean a transition from above-average to below-average r

$Broadcom(AVGO)$  Broadcom's Golden Opportunity: From Wyckoff Accumulation to AI Domination! Kia ora Tiger traders. Hold on to your coffee mugs because $AVGO is on a wild ride, and here’s why I’m all in with Broadcom! Not only is it munching on the VMware acquisition like it’s a bag of chips, but it’s also rolling in cash like a rockstar rolling in groupies. And let’s not forget – Broadcom is front and centre in the AI spotlight, making it one of the most exciting tickers to watch right now.$Broadcom(AVGO)$  Recent Price Action: Did you catch that? $AVGO took a nosedive from $176.7 down to $157.00 But guess what? Buyers are stepping up, and it’s game on for accumulation. Keep an eye on it, folk

Nancy Pelosi recently revealed her investment portfolio, but of course, she largely stays out of the trades herself, with her husband, Paul Pelosi, doing all the work.Similar to previously, the trades through June 24 were focused on AI-related companies.BUY. $NVIDIA Corp(NVDA)$ added 10,000 shares (potentially call option Call strike) valued at between $1 million and $5 million. $Broadcom(AVGO)$ : purchased 20 Call Options with a strike price of $800 and an expiration date of June 20, 2025 valued at between $1M and $5M.Sells. $Tesla Motors(TSLA)$ (Tesla): 2,500 shares sold, valued between $250,000 and $500,000 $Visa(V)$ : 2

After the positive inflation data came in at 8.30 ET, the stock market started the session on a high note. The May Consumer Price Index (CPI) showed some welcome disinflation on a year-over-year basis in total CPI was +3.3% compared to +3.4% in previous month and core CPI cames in at +3.4% lower than previous month of +3.6%. Target Range For Fed Funds Rate Left Unchanged By FOMC As expected, the Federal Open Market Committee (FOMC) decided to keep the target range for the fed funds rate unchanged at 5.25-5.50% with unanimous vote, The directive emphasised again that the Committee does not expect it will be appropriate to reduce the target range until it has greater confidence that inflation is moving sustainably toward 2 percent. The Summary of Economic Projections (SEP) showed a median es

Cisco replaces Microsoft as world's most valuable companyREUTERSSAN FRANCISCO, MARCH 25: Cisco Systems Inc, the biggest maker of equipment that powers the Internet, on Friday closed with a higher stock market value than Microsoft Corp, making it the most valuable company in the world.Cisco ended the day with a market capitalisation of $ 579.2 billion (around Rs 25,25,312 crore), slightly ahead of Microsoft's $ 578.2 billion (around Rs 25,20,952 crore). Shares of Cisco closed up 1-9/16 at a record 79-3/8 while Microsoft eased 3/16 to 111-11/16. Both stocks trade on the Nasdaq.Cisco stock has continued to climb steadily through the year, gaining one-third in value. Shares of computer software giant Microsoft -- which topped the market cap chart for a long time -- have languished amid concern

After-hours trading yesterday, semiconductor giant $Broadcom(AVGO)$ announced its second-quarter results of the fiscal year 2024, corresponding to the three months as of May 5 this year.Broadcom's stock price soared 14.57% following the earnings release, adding $100.9 billion to it smarket cap, bringing the total to $793.3 billion, approaching the $800 billion mark!After this incredible rally, can Broadcom hit a trillion-dollar market cap?1.RevenueLooking at the financials, Broadcom's revenue was $12.487 billion, exceeding analyst expectations of $12.057 billion, a year-on-year surge of 43%. Much of this was due to the inclusion of $VMware(VMW)$ 's revenue following Broadcom's mega-acquisition. Excluding t

1. A bunch of semiconductors hit record highs!This year has been an insane bull market for semiconductors! $NVIDIA Corp(NVDA)$ $Taiwan Semiconductor Manufacturing(TSM)$ $ASML Holding NV(ASML)$ $Broadcom(AVGO)$ $Applied Materials(AMAT)$, and more have all hit record highs!Data as of 12th June 2024$Texas Instruments(TXN)$ $ARM Holdings Ltd(ARM)$ $Micron Technology(MU)$ $Intel(INTC)$

Is Broadcom the Next Nvidia? In the ever-evolving landscape of semiconductor companies, Nvidia has long stood out as a leader, particularly in the realms of gaming graphics and artificial intelligence (AI). However, another major player, Broadcom, has been making significant strides and is often compared to Nvidia in terms of its potential growth and influence. This article delves into the question: Is Broadcom the next Nvidia? Understanding Nvidia's Rise Nvidia's rise to prominence is closely tied to its innovative approach to graphics processing units (GPUs). Initially catering to the gaming industry, Nvidia quickly expanded its technology to other fields, most notably AI and data centers. The company's GPUs became the backbone for AI research and development, offering unparalleled perfo

Recently, U.S. economic data has been more volatile, and the market has swung back and forth on the Fed's rate cut expectations as a result. Especially after the release of the latest employment data and inflation data, the market divergence is more obvious. Previously, the May nonfarm payrolls data significantly exceeded expectations, CPI 3.3 is also lower than the expected 3.4%, while the core CPI fell even faster.Fed meeting highlightsBitmap AdjustmentThe Fed adjusted its dot plot, reducing the number of rate cuts for the year to one from three in March, while the number of rate cuts for 2025 was revised upward to four from three. Overall, the number of rate cuts was reduced from six to five. Although the market is expected in September and December each have a rate cut, but the Fed cho

In the second quarter of 2023, the U.S. stock market showed a significant "group" effect, especially focused on a few technology stocks. The main driving force was the rapid development of artificial intelligence (AI) and the market's high expectations for related companies.Key driversRise of AI Technology and Market Enthusiasm: The widespread use and promise of AI technology has become a sought-after focus of the market, with the rapid growth of companies such as NVIDIA in particular sparking investor enthusiasm. NVIDIA's soaring stock price has caused its weight in tech ETFs to rise sharply, attracting large inflows.Market Expectation Adjustment: May CPI data fell short of expectations, and market expectations of future Fed rate cuts increased, further boosting high-growth tech stocks.co

$Broadcom(AVGO)$ Broadcom's Soaring Stock: A Mix of AI, Financials, and Strategic Moves Broadcom's (AVGO) share price has been on a tear recently, reaching new highs in June 2024. Several factors are contributing to this positive momentum for the semiconductor giant. Financial Strength Takes Center Stage The most immediate driver appears to be Broadcom's robust financial performance. The company's first-quarter results for fiscal year 2024 surpassed analyst expectations, demonstrating healthy revenue and earnings growth. This strong financial showing instilled confidence in investors regarding Broadcom's future prospects. Riding the AI Wave Beyond its current performance, Broadcom's strategic focus on the booming Artificial Intelligence (AI) secto

Yesterday, $Accenture PLC(ACN)$ , the world's largest management consulting firm, released its third-quarter results of fiscal 2024 , covering the period ending May 31st, and its stock price soared 7.29%!RevenueIn terms of revenue, Accenture's FY24Q3 revenue was $16.47 billion, down 0.6% year-on-year:But based on management's guidance, the next quarter's revenue is expected to be between $160.5 billion and $166.5 billion, beating analysts' estimates of $164.3 billion, representing a 2.8% growth. Looks like Accenture's fundamentals are turning a corner!In addition, their new order bookings are amazing! FY24Q3 saw $210.6 billion in new orders, a whopping 22.1% increase year-on-year, the highest in six quarters! This indicates that Accenture's future