With the technology advancing in this era, the creation of AI will help to fuel the corporation growth. Nvidia, AMD and microsoft will be there to push the boundaries of existing technology. During the technology meltdown ongoing due to uncertainty in interest rates, it is now one of many reasons to accumulate the stock.
ok//@mamaroar:good//@PearlynCSY:Fed minutes released Wednesday indicated that officials are prepared to move ahead with multiple 50 basis points interest rate increases. In addition, the Federal Open Market Committee said policy may have to move past “neutral” and into “restrictive” territory. The minutes indicate that members are hopeful they can bring down inflation, but also concerned about financial stability risks. Market pricing currently sees the Fed moving to a policy rate around 2.5%-2.75% by the end of the year, which would be consistent with where many central bankers view a neutral rate. Statements in the minutes, though, indicate that the committee is prepared to go beyond t
@SG 88:$Meta Platforms, Inc.(META)$metaverse interesting to note that their earning call this coming on 27 July may filled with slight let down.As we all already know that:•Recession risk hitting every company's spending budgets•$Apple(AAPL)$ privacy changes that threatened targeted online ads which costing Meta $ 10 Billion hit to their top like revenue•The closure of Russia market•Stiff competition in not only digital ads space but also to maintain DAU (Daily Active Users)With Meta truly immense itself to catalyst its Metaverse World with Virtual Reality Oculus VR headset, which might give it a slight 'nudge' through its Reality Lab commitment.All in all, caution as to buying in before earning calls as more headwinds is yet to come.