Summary of Previous Session The major stock indexes closed largely unchanged in the previous session, despite confirmation of the disinflation trend. DJIA: +0.16% to 38,109.43 - $S&P 500(.SPX)$ : -0.07% to 4,890.97 - Nasdaq: -0.36% to 15,455.36 The core Personal Consumption Expenditures Price Index, which excludes food and energy, rose 2.9% year-over-year in December. While inflation is nearing the Federal Reserve's 2% target, the Fed believes its job isn't done yet. Despite this news, investors were taken by surprise by several earnings reports. Major Events of the Week The core personal consumption expenditures price index rose 2.9% year-over-year in December, indicating a sustained disinflation tren
Friday's Session On Friday, stock markets closed nearly flat, marking the start of the earnings season with mixed reports from major banks. $JPMorgan Chase(JPM)$ missed expectations, while Bank of America and Citigroup exceeded them. Shares of JPMorgan, Bank of America, and Wells Fargo declined, while Citigroup's rose. Delta Air Lines reported solid Q4 results but gave a gloomy outlook for the year, resulting in significant declines in airline stocks. In the technology sector, Microsoft officially surpassed Apple as the world's largest company by market value. The Dow Jones Industrial Average, $NASDAQ(.IXIC)$ , and $S&P 500(.SPX)$ were each change
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**Unsheathing the Sword of Wisdom: The Timeless Tale of NVDA's Triumph** In the realm of technology, where battles are fought with silicon swords, NVDA stands as a steadfast warrior. Its computer chips, akin to Zhao Lu Shi's precise swordsmanship, have become indispensable in our modern saga. The question echoes: is NVDA ever too expensive$NVIDIA Corp(NVDA)$ **1. The Undying Need for NVDA's Techno-Magic ✨** In this epic narrative, NVDA's computer chips emerge as the heroes, sought after more than ever. The insatiable hunger for advanced technology and artificial intelligence turns NVDA into a beacon, a relentless force in the ongoing digital saga. It's not just a stock; it's the heartbeat of innovation. **2.