๐ Bet on NVIDIA Stock Movement and Win Tiger Coins!
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Chewy (CHWY) Potential Upside As Recovery Might Start With Rise In Quarterly Revenue
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Below are Today's Key Takeaways.
Top News Move the Market
Wall Street's three major indexes closed higher on Tuesday after shares in hotshot chipmaker Nvidia shook off early losses and investors looked ahead to the Federal Reserve's policy meeting conclusion on Wednesday for clues on interest rate policy.
XPeng reported a fourth-quarter adjusted loss of 28 cents per American depositary share on revenue of $1.84 billion. Gross margin in the period was 6.2%, down from 8.7% a year earlier but improved from negative 2.7% in the third quarter of 2023. XPeng delivered 60,158 vehicles in the fourth quarter, more than doubling from a year earlier. The company said it expects first-quarter deliveries of between 21,000 and 22,500, up from 18,230 a year earlier. U.S.-listed shares of XPeng were up 0.7%.
Tesla fell 1.4% after the electric-vehicle maker closed Monday with a gain of 6.3%, making it the best-performing stock in the S&P 500 during the session. The shares got a bump Monday from Teslaโs announcement that it would be raising Model Y list prices in the U.S. and Europe.
Microsoft has hired Mustafa Suleyman, a well-known leader and entrepreneur in artificial intelligence, to lead the software giantโs efforts on consumer AI products.
Suleyman helped lead Googleโs DeepMind, a pioneering artificial intelligence lab that the company acquired in 2014. He left Google and co-founded AI startup Inflection AI, a startup that was last valued at $4 billion and raised funding from investors including Microsoft and Nvidia. In a post on X, Suleyman said he was stepping down from his position at Inflection AI.
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๐๐๐ Bet on NVIDIA Stock Movement and Win Tiger Coins!
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best to sell on rally
@MHh
@Success88
@Aqa
@StarLuck
@melson @Ron18
@rL
11hrs left, come vote for $NVIDIA Corp(NVDA)$ earning!!