+Follow
Ferd6769
No personal profile
2
Follow
0
Followers
0
Topic
0
Badge
Posts
Hot
Ferd6769
2023-05-31
What a phenomenon of AI. Perhaps more company would be valued 1 Trillion dollar in future..
Nvidia Briefly Joins $1 Trillion Valuation Club
Ferd6769
2023-05-31
Great ariticle, would you like to share it?
@Robert J. Teuwissen:Waiting for Day-X
Go to Tiger App to see more news
{"i18n":{"language":"en_US"},"userPageInfo":{"id":"4148537546983752","uuid":"4148537546983752","gmtCreate":1685436608552,"gmtModify":1685438092994,"name":"Ferd6769","pinyin":"ferd6769","introduction":"","introductionEn":"","signature":"","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","hat":null,"hatId":null,"hatName":null,"vip":1,"status":2,"fanSize":0,"headSize":2,"tweetSize":2,"questionSize":0,"limitLevel":999,"accountStatus":3,"level":{"id":0,"name":"","nameTw":"","represent":"","factor":"","iconColor":"","bgColor":""},"themeCounts":0,"badgeCounts":0,"badges":[],"moderator":false,"superModerator":false,"manageSymbols":null,"badgeLevel":null,"boolIsFan":false,"boolIsHead":false,"favoriteSize":0,"symbols":null,"coverImage":null,"realNameVerified":"init","userBadges":[{"badgeId":"1026c425416b44e0aac28c11a0848493-1","templateUuid":"1026c425416b44e0aac28c11a0848493","name":"Debut Tiger","description":"Join the tiger community for 500 days","bigImgUrl":"https://static.tigerbbs.com/0e4d0ca1da0456dc7894c946d44bf9ab","smallImgUrl":"https://static.tigerbbs.com/0f2f65e8ce4cfaae8db2bea9b127f58b","grayImgUrl":"https://static.tigerbbs.com/c5948a31b6edf154422335b265235809","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2024.10.12","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1001}],"userBadgeCount":1,"currentWearingBadge":null,"individualDisplayBadges":null,"crmLevel":1,"crmLevelSwitch":0,"location":null,"starInvestorFollowerNum":0,"starInvestorFlag":false,"starInvestorOrderShareNum":0,"subscribeStarInvestorNum":0,"ror":null,"winRationPercentage":null,"showRor":false,"investmentPhilosophy":null,"starInvestorSubscribeFlag":false},"baikeInfo":{},"tab":"post","tweets":[{"id":182200150302728,"gmtCreate":1685491681499,"gmtModify":1685497307675,"author":{"id":"4148537546983752","authorId":"4148537546983752","name":"Ferd6769","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4148537546983752","authorIdStr":"4148537546983752"},"themes":[],"htmlText":"What a phenomenon of AI. Perhaps more company would be valued 1 Trillion dollar in future..","listText":"What a phenomenon of AI. Perhaps more company would be valued 1 Trillion dollar in future..","text":"What a phenomenon of AI. Perhaps more company would be valued 1 Trillion dollar in future..","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/182200150302728","repostId":"2339238246","repostType":2,"repost":{"id":"2339238246","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1685487715,"share":"https://ttm.financial/m/news/2339238246?lang=&edition=fundamental","pubTime":"2023-05-31 07:01","market":"us","language":"en","title":"Nvidia Briefly Joins $1 Trillion Valuation Club","url":"https://stock-news.laohu8.com/highlight/detail?id=2339238246","media":"Reuters","summary":"May 30 (Reuters) - Nvidia Corp briefly joined an elite club of U.S. companies sporting a $1 trillion","content":"<html><head></head><body><p style=\"text-align: start;\">May 30 (Reuters) - Nvidia Corp briefly joined an elite club of U.S. companies sporting a $1 trillion market value on Tuesday, as investors piled into the chipmaker that has quickly become one of the biggest winners of the AI boom.</p><p style=\"text-align: start;\">The stock's value has tripled in less than eight months, reflecting the surge in interest in artificial intelligence following rapid advances in generative AI, which can engage in human-like conversation and craft everything from jokes to poetry.</p><p>Nvidia has gained about 200% since October, far outpacing any other member of the broad-market S&P 500 index. The rally has propelled its valuation past its peers, but some analysts say the AI boom means the stock should still be worth more.</p><p style=\"text-align: start;\">Its shares closed 3% higher at $401.11 on Tuesday, just a hair's breadth away from the $1 trillion valuation mark after hitting that level in intraday trading. Just four other U.S. companies currently have a valuation of more than $1 trillion - Apple Inc, Alphabet Inc, Microsoft Corp and Amazon.com Inc.</p><p>"We view Nvidia as the most important company on the planet in an era that is rapidly changing towards one that will be emphasized by greater AI capabilities," CFRA Research analyst Angelo Zino said.</p><p>The latest surge furthers a rally from last week, which was jump-started by a <strong><u>revenue forecast</u></strong> that surpassed the mean Wall Street estimate by more than 50%, which some analysts called "unfathomable" and "cosmological."</p><p style=\"text-align: start;\">The highest price target values the company at about $1.6 trillion, on par with Google-parent Alphabet.</p><p style=\"text-align: start;\">Nvidia's forward price-to-earnings multiple (P/E), a common benchmark for valuing stocks, is 47.23. The figure is significantly above that of peers Qualcomm and Intel and also tops the sector median of 18.09, according to Refinitiv data.</p><p style=\"text-align: start;\">"While the company's valuation looks lofty at the moment, we think Nvidia has the earnings firepower as the adoption of its AI GPU remains in the very early innings," Kinngai Chan, senior research analyst at Summit Insights Group, said.</p><h2 style=\"text-align: start;\">GPU CHIPS</h2><p style=\"text-align: start;\">Big Tech companies have shifted focus to AI, hoping the technology will attract demand. The computers that power generative AI run on powerful chips called graphics processing units (GPUs) - of which 80% are produced by Nvidia, according to analysts.</p><p style=\"text-align: start;\">OpenAI-owned ChatGPT's rapid success has prompted tech giants such as Alphabet and Microsoft to make the most of generative AI.</p><p style=\"text-align: start;\">Nvidia, led by CEO Jensen Huang, has pivoted to the data center market over the last few years after years as a powerhouse in videogame chips.</p><p style=\"text-align: start;\">The company's business rapidly expanded during the pandemic when gaming took off, cloud adoption surged and crypto enthusiasts turned to its chips for mining coins. Huang's bet on AI is expected to fuel growth in the coming months.</p><p>Despite the sky-high valuation, analysts believe Nvidia's AI chips business has room for growth as generative AI technology is still at a nascent stage with wide adoption expected in the years to come.</p><p style=\"text-align: start;\">Last week alone, Nvidia's shares rose about 25%, sparking a rally in AI-related stocks and boosting other chipmakers. That helped the Philadelphia SE Semiconductor index close at its highest in over a year on Friday.</p><p style=\"text-align: start;\">"Technical traders and AI mania have pushed Nvidia toward the $1 trillion cap and it is not inexpensive," Argus Research analyst Jim Kelleher said.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Nvidia Briefly Joins $1 Trillion Valuation Club</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNvidia Briefly Joins $1 Trillion Valuation Club\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2023-05-31 07:01</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p style=\"text-align: start;\">May 30 (Reuters) - Nvidia Corp briefly joined an elite club of U.S. companies sporting a $1 trillion market value on Tuesday, as investors piled into the chipmaker that has quickly become one of the biggest winners of the AI boom.</p><p style=\"text-align: start;\">The stock's value has tripled in less than eight months, reflecting the surge in interest in artificial intelligence following rapid advances in generative AI, which can engage in human-like conversation and craft everything from jokes to poetry.</p><p>Nvidia has gained about 200% since October, far outpacing any other member of the broad-market S&P 500 index. The rally has propelled its valuation past its peers, but some analysts say the AI boom means the stock should still be worth more.</p><p style=\"text-align: start;\">Its shares closed 3% higher at $401.11 on Tuesday, just a hair's breadth away from the $1 trillion valuation mark after hitting that level in intraday trading. Just four other U.S. companies currently have a valuation of more than $1 trillion - Apple Inc, Alphabet Inc, Microsoft Corp and Amazon.com Inc.</p><p>"We view Nvidia as the most important company on the planet in an era that is rapidly changing towards one that will be emphasized by greater AI capabilities," CFRA Research analyst Angelo Zino said.</p><p>The latest surge furthers a rally from last week, which was jump-started by a <strong><u>revenue forecast</u></strong> that surpassed the mean Wall Street estimate by more than 50%, which some analysts called "unfathomable" and "cosmological."</p><p style=\"text-align: start;\">The highest price target values the company at about $1.6 trillion, on par with Google-parent Alphabet.</p><p style=\"text-align: start;\">Nvidia's forward price-to-earnings multiple (P/E), a common benchmark for valuing stocks, is 47.23. The figure is significantly above that of peers Qualcomm and Intel and also tops the sector median of 18.09, according to Refinitiv data.</p><p style=\"text-align: start;\">"While the company's valuation looks lofty at the moment, we think Nvidia has the earnings firepower as the adoption of its AI GPU remains in the very early innings," Kinngai Chan, senior research analyst at Summit Insights Group, said.</p><h2 style=\"text-align: start;\">GPU CHIPS</h2><p style=\"text-align: start;\">Big Tech companies have shifted focus to AI, hoping the technology will attract demand. The computers that power generative AI run on powerful chips called graphics processing units (GPUs) - of which 80% are produced by Nvidia, according to analysts.</p><p style=\"text-align: start;\">OpenAI-owned ChatGPT's rapid success has prompted tech giants such as Alphabet and Microsoft to make the most of generative AI.</p><p style=\"text-align: start;\">Nvidia, led by CEO Jensen Huang, has pivoted to the data center market over the last few years after years as a powerhouse in videogame chips.</p><p style=\"text-align: start;\">The company's business rapidly expanded during the pandemic when gaming took off, cloud adoption surged and crypto enthusiasts turned to its chips for mining coins. Huang's bet on AI is expected to fuel growth in the coming months.</p><p>Despite the sky-high valuation, analysts believe Nvidia's AI chips business has room for growth as generative AI technology is still at a nascent stage with wide adoption expected in the years to come.</p><p style=\"text-align: start;\">Last week alone, Nvidia's shares rose about 25%, sparking a rally in AI-related stocks and boosting other chipmakers. That helped the Philadelphia SE Semiconductor index close at its highest in over a year on Friday.</p><p style=\"text-align: start;\">"Technical traders and AI mania have pushed Nvidia toward the $1 trillion cap and it is not inexpensive," Argus Research analyst Jim Kelleher said.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LU1861220033.SGD":"Blackrock Next Generation Technology A2 SGD-H","LU0708995401.HKD":"FRANKLIN U.S. OPPORTUNITIES \"A\" (HKD) ACC","LU0820561818.USD":"安联收益及增长平衡基金Cl AM DIS","LU0127658192.USD":"EASTSPRING INVESTMENTS GLOBAL TECHNOLOGY \"A\" (USD) ACC","IE0034235188.USD":"PINEBRIDGE GLOBAL FOCUS EQUITY \"A\" (USD) ACC","BK4581":"高盛持仓","LU0316494557.USD":"FRANKLIN GLOBAL FUNDAMENTAL STRATEGIES \"A\" ACC","LU0256863811.USD":"ALLIANZ US EQUITY \"A\" INC","LU1316542783.SGD":"Janus Henderson Horizon Global Technology Leaders A2 SGD","LU0348723411.USD":"ALLIANZ GLOBAL HI-TECH GROWTH \"A\" (USD) INC","LU1267930730.SGD":"富兰克林美国机遇基金AS Acc SGD (CPF)","LU0097036916.USD":"贝莱德美国增长A2 USD","LU0053666078.USD":"摩根大通基金-美国股票A(离岸)美元","LU0642271901.SGD":"Janus Henderson Horizon Global Technology Leaders A2 SGD-H","LU0417517546.SGD":"Allianz US Equity Cl AT Acc SGD","BK4529":"IDC概念","GB00BDT5M118.USD":"天利环球扩展Alpha基金A Acc","LU0109392836.USD":"富兰克林科技股A","LU0079474960.USD":"联博美国增长基金A","LU0889565833.HKD":"FRANKLIN TECHNOLOGY \"A\" (HKD) ACC","LU0056508442.USD":"贝莱德世界科技基金A2","BK4554":"元宇宙及AR概念","LU1623119135.USD":"Natixis Mirova Global Sustainable Equity R-NPF/A USD","LU1803068979.SGD":"FTIF - Franklin Technology A (acc) SGD-H1","LU0640476718.USD":"THREADNEEDLE (LUX) US CONTRARIAN CORE EQ \"AU\" (USD) ACC","LU0719512351.SGD":"JPMorgan Funds - US Technology A (acc) SGD","LU1242518857.USD":"FULLERTON LUX FUNDS - ASIA ABSOLUTE ALPHA \"I\" (USD) ACC","BK4567":"ESG概念","LU1712237335.SGD":"Natixis Mirova Global Sustainable Equity H-R-NPF/A SGD","LU1280957306.USD":"THREADNEEDLE (LUX) US CONTRARIAN CORE EQUITIES \"AUP\" (USD) INC","LU0234572021.USD":"高盛美国核心股票组合Acc","LU0820561909.HKD":"ALLIANZ INCOME AND GROWTH \"AM\" (HKD) INC","BK4551":"寇图资本持仓","IE0004445239.USD":"JANUS HENDERSON US FORTY \"A2\" (USD) ACC","LU1839511570.USD":"WELLS FARGO GLOBAL FACTOR ENHANCED EQUITY \"I\" (USD) ACC","LU1435385759.SGD":"Natixis Loomis Sayles US Growth Equity RA SGD-H","LU1429558221.USD":"Natixis Loomis Sayles US Growth Equity RA USD","BK4548":"巴美列捷福持仓","BK4543":"AI","BK4550":"红杉资本持仓","BK4503":"景林资产持仓","BK4588":"碎股","LU1923623000.USD":"Natixis Thematics AI & Robotics Fund R/A USD","BK4579":"人工智能","BK4549":"软银资本持仓","BK4532":"文艺复兴科技持仓","LU0672654240.SGD":"FTIF - Franklin US Opportunities A Acc SGD-H1","BK4527":"明星科技股","LU0786609619.USD":"高盛全球千禧一代股票组合Acc"},"source_url":"https://news.google.com/rss/articles/CBMiVmh0dHBzOi8vd3d3LnJldXRlcnMuY29tL3RlY2hub2xvZ3kvbnZpZGlhLXNldHMtZXllLTEtdHJpbGxpb24tbWFya2V0LXZhbHVlLTIwMjMtMDUtMzAv0gEA?oc=5","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2339238246","content_text":"May 30 (Reuters) - Nvidia Corp briefly joined an elite club of U.S. companies sporting a $1 trillion market value on Tuesday, as investors piled into the chipmaker that has quickly become one of the biggest winners of the AI boom.The stock's value has tripled in less than eight months, reflecting the surge in interest in artificial intelligence following rapid advances in generative AI, which can engage in human-like conversation and craft everything from jokes to poetry.Nvidia has gained about 200% since October, far outpacing any other member of the broad-market S&P 500 index. The rally has propelled its valuation past its peers, but some analysts say the AI boom means the stock should still be worth more.Its shares closed 3% higher at $401.11 on Tuesday, just a hair's breadth away from the $1 trillion valuation mark after hitting that level in intraday trading. Just four other U.S. companies currently have a valuation of more than $1 trillion - Apple Inc, Alphabet Inc, Microsoft Corp and Amazon.com Inc.\"We view Nvidia as the most important company on the planet in an era that is rapidly changing towards one that will be emphasized by greater AI capabilities,\" CFRA Research analyst Angelo Zino said.The latest surge furthers a rally from last week, which was jump-started by a revenue forecast that surpassed the mean Wall Street estimate by more than 50%, which some analysts called \"unfathomable\" and \"cosmological.\"The highest price target values the company at about $1.6 trillion, on par with Google-parent Alphabet.Nvidia's forward price-to-earnings multiple (P/E), a common benchmark for valuing stocks, is 47.23. The figure is significantly above that of peers Qualcomm and Intel and also tops the sector median of 18.09, according to Refinitiv data.\"While the company's valuation looks lofty at the moment, we think Nvidia has the earnings firepower as the adoption of its AI GPU remains in the very early innings,\" Kinngai Chan, senior research analyst at Summit Insights Group, said.GPU CHIPSBig Tech companies have shifted focus to AI, hoping the technology will attract demand. The computers that power generative AI run on powerful chips called graphics processing units (GPUs) - of which 80% are produced by Nvidia, according to analysts.OpenAI-owned ChatGPT's rapid success has prompted tech giants such as Alphabet and Microsoft to make the most of generative AI.Nvidia, led by CEO Jensen Huang, has pivoted to the data center market over the last few years after years as a powerhouse in videogame chips.The company's business rapidly expanded during the pandemic when gaming took off, cloud adoption surged and crypto enthusiasts turned to its chips for mining coins. Huang's bet on AI is expected to fuel growth in the coming months.Despite the sky-high valuation, analysts believe Nvidia's AI chips business has room for growth as generative AI technology is still at a nascent stage with wide adoption expected in the years to come.Last week alone, Nvidia's shares rose about 25%, sparking a rally in AI-related stocks and boosting other chipmakers. That helped the Philadelphia SE Semiconductor index close at its highest in over a year on Friday.\"Technical traders and AI mania have pushed Nvidia toward the $1 trillion cap and it is not inexpensive,\" Argus Research analyst Jim Kelleher said.","news_type":1},"isVote":1,"tweetType":1,"viewCount":191,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":182190181695600,"gmtCreate":1685489105030,"gmtModify":1685497100623,"author":{"id":"4148537546983752","authorId":"4148537546983752","name":"Ferd6769","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4148537546983752","authorIdStr":"4148537546983752"},"themes":[],"htmlText":"Great ariticle, would you like to share it?","listText":"Great ariticle, would you like to share it?","text":"Great ariticle, would you like to share it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/182190181695600","repostId":"182071129313392","repostType":1,"repost":{"id":182071129313392,"gmtCreate":1685460039508,"gmtModify":1685462769618,"author":{"id":"4110446958625042","authorId":"4110446958625042","name":"Robert J. Teuwissen","avatar":"https://community-static.tradeup.com/news/b028941e5a947604ea7fc2e4de2b1c4c","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4110446958625042","authorIdStr":"4110446958625042"},"themes":[],"title":"Waiting for Day-X","htmlText":"Although there is a tentative agreement between President Biden and Speaker of the House McCarthy, it must still be ratified by Congress next Wednesday. The problem is that the Republican party does not exactly speak with one voice. Fifteen rounds were needed just to elect McCarthy speaker of the house. Already 78 times the debt ceiling of the United States has been raised. The U.S. Constitution states that only the U.S. Congress may determine how much the U.S. government can borrow. Therefore, until 1917, every U.S. government loan had to be approved by Congress, but since the Second Liberty Bond Act of 1917, only the maximum size of the debt is set by Congress. If the president and Congress are of the same colour, an increase is a hammerlock. Similarly, when there is a Republican preside","listText":"Although there is a tentative agreement between President Biden and Speaker of the House McCarthy, it must still be ratified by Congress next Wednesday. The problem is that the Republican party does not exactly speak with one voice. Fifteen rounds were needed just to elect McCarthy speaker of the house. Already 78 times the debt ceiling of the United States has been raised. The U.S. Constitution states that only the U.S. Congress may determine how much the U.S. government can borrow. Therefore, until 1917, every U.S. government loan had to be approved by Congress, but since the Second Liberty Bond Act of 1917, only the maximum size of the debt is set by Congress. If the president and Congress are of the same colour, an increase is a hammerlock. Similarly, when there is a Republican preside","text":"Although there is a tentative agreement between President Biden and Speaker of the House McCarthy, it must still be ratified by Congress next Wednesday. The problem is that the Republican party does not exactly speak with one voice. Fifteen rounds were needed just to elect McCarthy speaker of the house. Already 78 times the debt ceiling of the United States has been raised. The U.S. Constitution states that only the U.S. Congress may determine how much the U.S. government can borrow. Therefore, until 1917, every U.S. government loan had to be approved by Congress, but since the Second Liberty Bond Act of 1917, only the maximum size of the debt is set by Congress. If the president and Congress are of the same colour, an increase is a hammerlock. Similarly, when there is a Republican preside","images":[{"img":"https://community-static.tradeup.com/news/2dad534c1bb684e997649a50b12acea0","width":"763","height":"426"},{"img":"https://community-static.tradeup.com/news/8047df74680935fe98aacf2c22b3a910","width":"762","height":"729"},{"img":"https://community-static.tradeup.com/news/b53d3dc04a71a78f76dd03f08df1acb7","width":"694","height":"687"}],"top":1,"highlighted":2,"essential":2,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/182071129313392","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":5,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":290,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":182200150302728,"gmtCreate":1685491681499,"gmtModify":1685497307675,"author":{"id":"4148537546983752","authorId":"4148537546983752","name":"Ferd6769","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4148537546983752","authorIdStr":"4148537546983752"},"themes":[],"htmlText":"What a phenomenon of AI. Perhaps more company would be valued 1 Trillion dollar in future..","listText":"What a phenomenon of AI. Perhaps more company would be valued 1 Trillion dollar in future..","text":"What a phenomenon of AI. Perhaps more company would be valued 1 Trillion dollar in future..","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/182200150302728","repostId":"2339238246","repostType":2,"repost":{"id":"2339238246","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1685487715,"share":"https://ttm.financial/m/news/2339238246?lang=&edition=fundamental","pubTime":"2023-05-31 07:01","market":"us","language":"en","title":"Nvidia Briefly Joins $1 Trillion Valuation Club","url":"https://stock-news.laohu8.com/highlight/detail?id=2339238246","media":"Reuters","summary":"May 30 (Reuters) - Nvidia Corp briefly joined an elite club of U.S. companies sporting a $1 trillion","content":"<html><head></head><body><p style=\"text-align: start;\">May 30 (Reuters) - Nvidia Corp briefly joined an elite club of U.S. companies sporting a $1 trillion market value on Tuesday, as investors piled into the chipmaker that has quickly become one of the biggest winners of the AI boom.</p><p style=\"text-align: start;\">The stock's value has tripled in less than eight months, reflecting the surge in interest in artificial intelligence following rapid advances in generative AI, which can engage in human-like conversation and craft everything from jokes to poetry.</p><p>Nvidia has gained about 200% since October, far outpacing any other member of the broad-market S&P 500 index. The rally has propelled its valuation past its peers, but some analysts say the AI boom means the stock should still be worth more.</p><p style=\"text-align: start;\">Its shares closed 3% higher at $401.11 on Tuesday, just a hair's breadth away from the $1 trillion valuation mark after hitting that level in intraday trading. Just four other U.S. companies currently have a valuation of more than $1 trillion - Apple Inc, Alphabet Inc, Microsoft Corp and Amazon.com Inc.</p><p>"We view Nvidia as the most important company on the planet in an era that is rapidly changing towards one that will be emphasized by greater AI capabilities," CFRA Research analyst Angelo Zino said.</p><p>The latest surge furthers a rally from last week, which was jump-started by a <strong><u>revenue forecast</u></strong> that surpassed the mean Wall Street estimate by more than 50%, which some analysts called "unfathomable" and "cosmological."</p><p style=\"text-align: start;\">The highest price target values the company at about $1.6 trillion, on par with Google-parent Alphabet.</p><p style=\"text-align: start;\">Nvidia's forward price-to-earnings multiple (P/E), a common benchmark for valuing stocks, is 47.23. The figure is significantly above that of peers Qualcomm and Intel and also tops the sector median of 18.09, according to Refinitiv data.</p><p style=\"text-align: start;\">"While the company's valuation looks lofty at the moment, we think Nvidia has the earnings firepower as the adoption of its AI GPU remains in the very early innings," Kinngai Chan, senior research analyst at Summit Insights Group, said.</p><h2 style=\"text-align: start;\">GPU CHIPS</h2><p style=\"text-align: start;\">Big Tech companies have shifted focus to AI, hoping the technology will attract demand. The computers that power generative AI run on powerful chips called graphics processing units (GPUs) - of which 80% are produced by Nvidia, according to analysts.</p><p style=\"text-align: start;\">OpenAI-owned ChatGPT's rapid success has prompted tech giants such as Alphabet and Microsoft to make the most of generative AI.</p><p style=\"text-align: start;\">Nvidia, led by CEO Jensen Huang, has pivoted to the data center market over the last few years after years as a powerhouse in videogame chips.</p><p style=\"text-align: start;\">The company's business rapidly expanded during the pandemic when gaming took off, cloud adoption surged and crypto enthusiasts turned to its chips for mining coins. Huang's bet on AI is expected to fuel growth in the coming months.</p><p>Despite the sky-high valuation, analysts believe Nvidia's AI chips business has room for growth as generative AI technology is still at a nascent stage with wide adoption expected in the years to come.</p><p style=\"text-align: start;\">Last week alone, Nvidia's shares rose about 25%, sparking a rally in AI-related stocks and boosting other chipmakers. That helped the Philadelphia SE Semiconductor index close at its highest in over a year on Friday.</p><p style=\"text-align: start;\">"Technical traders and AI mania have pushed Nvidia toward the $1 trillion cap and it is not inexpensive," Argus Research analyst Jim Kelleher said.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Nvidia Briefly Joins $1 Trillion Valuation Club</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNvidia Briefly Joins $1 Trillion Valuation Club\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2023-05-31 07:01</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p style=\"text-align: start;\">May 30 (Reuters) - Nvidia Corp briefly joined an elite club of U.S. companies sporting a $1 trillion market value on Tuesday, as investors piled into the chipmaker that has quickly become one of the biggest winners of the AI boom.</p><p style=\"text-align: start;\">The stock's value has tripled in less than eight months, reflecting the surge in interest in artificial intelligence following rapid advances in generative AI, which can engage in human-like conversation and craft everything from jokes to poetry.</p><p>Nvidia has gained about 200% since October, far outpacing any other member of the broad-market S&P 500 index. The rally has propelled its valuation past its peers, but some analysts say the AI boom means the stock should still be worth more.</p><p style=\"text-align: start;\">Its shares closed 3% higher at $401.11 on Tuesday, just a hair's breadth away from the $1 trillion valuation mark after hitting that level in intraday trading. Just four other U.S. companies currently have a valuation of more than $1 trillion - Apple Inc, Alphabet Inc, Microsoft Corp and Amazon.com Inc.</p><p>"We view Nvidia as the most important company on the planet in an era that is rapidly changing towards one that will be emphasized by greater AI capabilities," CFRA Research analyst Angelo Zino said.</p><p>The latest surge furthers a rally from last week, which was jump-started by a <strong><u>revenue forecast</u></strong> that surpassed the mean Wall Street estimate by more than 50%, which some analysts called "unfathomable" and "cosmological."</p><p style=\"text-align: start;\">The highest price target values the company at about $1.6 trillion, on par with Google-parent Alphabet.</p><p style=\"text-align: start;\">Nvidia's forward price-to-earnings multiple (P/E), a common benchmark for valuing stocks, is 47.23. The figure is significantly above that of peers Qualcomm and Intel and also tops the sector median of 18.09, according to Refinitiv data.</p><p style=\"text-align: start;\">"While the company's valuation looks lofty at the moment, we think Nvidia has the earnings firepower as the adoption of its AI GPU remains in the very early innings," Kinngai Chan, senior research analyst at Summit Insights Group, said.</p><h2 style=\"text-align: start;\">GPU CHIPS</h2><p style=\"text-align: start;\">Big Tech companies have shifted focus to AI, hoping the technology will attract demand. The computers that power generative AI run on powerful chips called graphics processing units (GPUs) - of which 80% are produced by Nvidia, according to analysts.</p><p style=\"text-align: start;\">OpenAI-owned ChatGPT's rapid success has prompted tech giants such as Alphabet and Microsoft to make the most of generative AI.</p><p style=\"text-align: start;\">Nvidia, led by CEO Jensen Huang, has pivoted to the data center market over the last few years after years as a powerhouse in videogame chips.</p><p style=\"text-align: start;\">The company's business rapidly expanded during the pandemic when gaming took off, cloud adoption surged and crypto enthusiasts turned to its chips for mining coins. Huang's bet on AI is expected to fuel growth in the coming months.</p><p>Despite the sky-high valuation, analysts believe Nvidia's AI chips business has room for growth as generative AI technology is still at a nascent stage with wide adoption expected in the years to come.</p><p style=\"text-align: start;\">Last week alone, Nvidia's shares rose about 25%, sparking a rally in AI-related stocks and boosting other chipmakers. That helped the Philadelphia SE Semiconductor index close at its highest in over a year on Friday.</p><p style=\"text-align: start;\">"Technical traders and AI mania have pushed Nvidia toward the $1 trillion cap and it is not inexpensive," Argus Research analyst Jim Kelleher said.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LU1861220033.SGD":"Blackrock Next Generation Technology A2 SGD-H","LU0708995401.HKD":"FRANKLIN U.S. OPPORTUNITIES \"A\" (HKD) ACC","LU0820561818.USD":"安联收益及增长平衡基金Cl AM DIS","LU0127658192.USD":"EASTSPRING INVESTMENTS GLOBAL TECHNOLOGY \"A\" (USD) ACC","IE0034235188.USD":"PINEBRIDGE GLOBAL FOCUS EQUITY \"A\" (USD) ACC","BK4581":"高盛持仓","LU0316494557.USD":"FRANKLIN GLOBAL FUNDAMENTAL STRATEGIES \"A\" ACC","LU0256863811.USD":"ALLIANZ US EQUITY \"A\" INC","LU1316542783.SGD":"Janus Henderson Horizon Global Technology Leaders A2 SGD","LU0348723411.USD":"ALLIANZ GLOBAL HI-TECH GROWTH \"A\" (USD) INC","LU1267930730.SGD":"富兰克林美国机遇基金AS Acc SGD (CPF)","LU0097036916.USD":"贝莱德美国增长A2 USD","LU0053666078.USD":"摩根大通基金-美国股票A(离岸)美元","LU0642271901.SGD":"Janus Henderson Horizon Global Technology Leaders A2 SGD-H","LU0417517546.SGD":"Allianz US Equity Cl AT Acc SGD","BK4529":"IDC概念","GB00BDT5M118.USD":"天利环球扩展Alpha基金A Acc","LU0109392836.USD":"富兰克林科技股A","LU0079474960.USD":"联博美国增长基金A","LU0889565833.HKD":"FRANKLIN TECHNOLOGY \"A\" (HKD) ACC","LU0056508442.USD":"贝莱德世界科技基金A2","BK4554":"元宇宙及AR概念","LU1623119135.USD":"Natixis Mirova Global Sustainable Equity R-NPF/A USD","LU1803068979.SGD":"FTIF - Franklin Technology A (acc) SGD-H1","LU0640476718.USD":"THREADNEEDLE (LUX) US CONTRARIAN CORE EQ \"AU\" (USD) ACC","LU0719512351.SGD":"JPMorgan Funds - US Technology A (acc) SGD","LU1242518857.USD":"FULLERTON LUX FUNDS - ASIA ABSOLUTE ALPHA \"I\" (USD) ACC","BK4567":"ESG概念","LU1712237335.SGD":"Natixis Mirova Global Sustainable Equity H-R-NPF/A SGD","LU1280957306.USD":"THREADNEEDLE (LUX) US CONTRARIAN CORE EQUITIES \"AUP\" (USD) INC","LU0234572021.USD":"高盛美国核心股票组合Acc","LU0820561909.HKD":"ALLIANZ INCOME AND GROWTH \"AM\" (HKD) INC","BK4551":"寇图资本持仓","IE0004445239.USD":"JANUS HENDERSON US FORTY \"A2\" (USD) ACC","LU1839511570.USD":"WELLS FARGO GLOBAL FACTOR ENHANCED EQUITY \"I\" (USD) ACC","LU1435385759.SGD":"Natixis Loomis Sayles US Growth Equity RA SGD-H","LU1429558221.USD":"Natixis Loomis Sayles US Growth Equity RA USD","BK4548":"巴美列捷福持仓","BK4543":"AI","BK4550":"红杉资本持仓","BK4503":"景林资产持仓","BK4588":"碎股","LU1923623000.USD":"Natixis Thematics AI & Robotics Fund R/A USD","BK4579":"人工智能","BK4549":"软银资本持仓","BK4532":"文艺复兴科技持仓","LU0672654240.SGD":"FTIF - Franklin US Opportunities A Acc SGD-H1","BK4527":"明星科技股","LU0786609619.USD":"高盛全球千禧一代股票组合Acc"},"source_url":"https://news.google.com/rss/articles/CBMiVmh0dHBzOi8vd3d3LnJldXRlcnMuY29tL3RlY2hub2xvZ3kvbnZpZGlhLXNldHMtZXllLTEtdHJpbGxpb24tbWFya2V0LXZhbHVlLTIwMjMtMDUtMzAv0gEA?oc=5","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2339238246","content_text":"May 30 (Reuters) - Nvidia Corp briefly joined an elite club of U.S. companies sporting a $1 trillion market value on Tuesday, as investors piled into the chipmaker that has quickly become one of the biggest winners of the AI boom.The stock's value has tripled in less than eight months, reflecting the surge in interest in artificial intelligence following rapid advances in generative AI, which can engage in human-like conversation and craft everything from jokes to poetry.Nvidia has gained about 200% since October, far outpacing any other member of the broad-market S&P 500 index. The rally has propelled its valuation past its peers, but some analysts say the AI boom means the stock should still be worth more.Its shares closed 3% higher at $401.11 on Tuesday, just a hair's breadth away from the $1 trillion valuation mark after hitting that level in intraday trading. Just four other U.S. companies currently have a valuation of more than $1 trillion - Apple Inc, Alphabet Inc, Microsoft Corp and Amazon.com Inc.\"We view Nvidia as the most important company on the planet in an era that is rapidly changing towards one that will be emphasized by greater AI capabilities,\" CFRA Research analyst Angelo Zino said.The latest surge furthers a rally from last week, which was jump-started by a revenue forecast that surpassed the mean Wall Street estimate by more than 50%, which some analysts called \"unfathomable\" and \"cosmological.\"The highest price target values the company at about $1.6 trillion, on par with Google-parent Alphabet.Nvidia's forward price-to-earnings multiple (P/E), a common benchmark for valuing stocks, is 47.23. The figure is significantly above that of peers Qualcomm and Intel and also tops the sector median of 18.09, according to Refinitiv data.\"While the company's valuation looks lofty at the moment, we think Nvidia has the earnings firepower as the adoption of its AI GPU remains in the very early innings,\" Kinngai Chan, senior research analyst at Summit Insights Group, said.GPU CHIPSBig Tech companies have shifted focus to AI, hoping the technology will attract demand. The computers that power generative AI run on powerful chips called graphics processing units (GPUs) - of which 80% are produced by Nvidia, according to analysts.OpenAI-owned ChatGPT's rapid success has prompted tech giants such as Alphabet and Microsoft to make the most of generative AI.Nvidia, led by CEO Jensen Huang, has pivoted to the data center market over the last few years after years as a powerhouse in videogame chips.The company's business rapidly expanded during the pandemic when gaming took off, cloud adoption surged and crypto enthusiasts turned to its chips for mining coins. Huang's bet on AI is expected to fuel growth in the coming months.Despite the sky-high valuation, analysts believe Nvidia's AI chips business has room for growth as generative AI technology is still at a nascent stage with wide adoption expected in the years to come.Last week alone, Nvidia's shares rose about 25%, sparking a rally in AI-related stocks and boosting other chipmakers. That helped the Philadelphia SE Semiconductor index close at its highest in over a year on Friday.\"Technical traders and AI mania have pushed Nvidia toward the $1 trillion cap and it is not inexpensive,\" Argus Research analyst Jim Kelleher said.","news_type":1},"isVote":1,"tweetType":1,"viewCount":191,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":182190181695600,"gmtCreate":1685489105030,"gmtModify":1685497100623,"author":{"id":"4148537546983752","authorId":"4148537546983752","name":"Ferd6769","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4148537546983752","authorIdStr":"4148537546983752"},"themes":[],"htmlText":"Great ariticle, would you like to share it?","listText":"Great ariticle, would you like to share it?","text":"Great ariticle, would you like to share it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/182190181695600","repostId":"182071129313392","repostType":1,"repost":{"id":182071129313392,"gmtCreate":1685460039508,"gmtModify":1685462769618,"author":{"id":"4110446958625042","authorId":"4110446958625042","name":"Robert J. Teuwissen","avatar":"https://community-static.tradeup.com/news/b028941e5a947604ea7fc2e4de2b1c4c","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4110446958625042","authorIdStr":"4110446958625042"},"themes":[],"title":"Waiting for Day-X","htmlText":"Although there is a tentative agreement between President Biden and Speaker of the House McCarthy, it must still be ratified by Congress next Wednesday. The problem is that the Republican party does not exactly speak with one voice. Fifteen rounds were needed just to elect McCarthy speaker of the house. Already 78 times the debt ceiling of the United States has been raised. The U.S. Constitution states that only the U.S. Congress may determine how much the U.S. government can borrow. Therefore, until 1917, every U.S. government loan had to be approved by Congress, but since the Second Liberty Bond Act of 1917, only the maximum size of the debt is set by Congress. If the president and Congress are of the same colour, an increase is a hammerlock. Similarly, when there is a Republican preside","listText":"Although there is a tentative agreement between President Biden and Speaker of the House McCarthy, it must still be ratified by Congress next Wednesday. The problem is that the Republican party does not exactly speak with one voice. Fifteen rounds were needed just to elect McCarthy speaker of the house. Already 78 times the debt ceiling of the United States has been raised. The U.S. Constitution states that only the U.S. Congress may determine how much the U.S. government can borrow. Therefore, until 1917, every U.S. government loan had to be approved by Congress, but since the Second Liberty Bond Act of 1917, only the maximum size of the debt is set by Congress. If the president and Congress are of the same colour, an increase is a hammerlock. Similarly, when there is a Republican preside","text":"Although there is a tentative agreement between President Biden and Speaker of the House McCarthy, it must still be ratified by Congress next Wednesday. The problem is that the Republican party does not exactly speak with one voice. Fifteen rounds were needed just to elect McCarthy speaker of the house. Already 78 times the debt ceiling of the United States has been raised. The U.S. Constitution states that only the U.S. Congress may determine how much the U.S. government can borrow. Therefore, until 1917, every U.S. government loan had to be approved by Congress, but since the Second Liberty Bond Act of 1917, only the maximum size of the debt is set by Congress. If the president and Congress are of the same colour, an increase is a hammerlock. Similarly, when there is a Republican preside","images":[{"img":"https://community-static.tradeup.com/news/2dad534c1bb684e997649a50b12acea0","width":"763","height":"426"},{"img":"https://community-static.tradeup.com/news/8047df74680935fe98aacf2c22b3a910","width":"762","height":"729"},{"img":"https://community-static.tradeup.com/news/b53d3dc04a71a78f76dd03f08df1acb7","width":"694","height":"687"}],"top":1,"highlighted":2,"essential":2,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/182071129313392","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":5,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":290,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}