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2.Here are the stocks mentioned by the above Tigers: $Alphabet(GOOGL)$ $Alphabet(GOOG)$ $NVIDIA Corp(NVDA)$ $Avis Budget(CAR)$ $CarMax(KMX)$ $Carvana Co.(CVNA)$ $Advance Auto Parts(AAP)$ (Not investment advice)
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Last night, $NVIDIA Corp(NVDA)$ up 9.32%%. There were 43 Tigers that answered correctly and successfully shared 1000 Tiger coins, with each Tiger getting 24 Tiger coins as a reward! Tiger coins have been issued! Congratulations๏ผ
Below are Today's Key Takeaways.
Top News Move the Market
U.S. stocks ended lower on Thursday, even as a strong revenue forecast for Nvidia fueled a surge in its shares, but that was overshadowed by economic data showing inflation was still a concern that could delay any Federal Reserve rate cuts.Nvidia shares jumped 9.32% to close above the $1,000 per share mark for the first time after the AI chip company forecast quarterly revenue above estimates and announced a stock split.
The Dow Jones Industrial Average fell 605.78 points, or 1.53%, to 39,065.26, the S&P 500 fell 39.17 points, or 0.74%, to 5,267.84 and the Nasdaq Composite fell 65.51 points, or 0.39%, to 16,736.03.
$NVIDIA Corp(NVDA)$ rose 9.3% after the leader in artificial-intelligence chips reported first-quarter adjusted earnings and revenue that beat analystsโ estimates, issued a better-than-expected second-quarter revenue forecast, and said it would split its stock 10-for-1, effective June 7. Revenue in the first quarter was a record $26 billion, up 262% from a year earlier, and better than Wall Street consensus of $24.6 billion. The companyโs sales to cloud-computing data centers rose more than fivefold, to $22.6 billion, or about 87% of total revenue.
$Live Nation Entertainment(LYV)$ fell 7.8% after the Justice Department and more than two dozen states sued the company, alleging the owner of Ticketmaster has used its ticketing monopoly to suppress competition and should be broken up. โWe allege that Live Nation relies on unlawful, anticompetitive conduct to exercise its monopolistic control over the live events industry in the United States at the cost of fans, artists, smaller promoters, and venue operators,โ Attorney General Merrick Garland said in a statement. โIt is time to break up Live Nation.โ
$Boeing(BA)$ fell 7.6%. The aerospace giantโs chief financial officer, a month after Boeing announced it burned through nearly $4 billion in the first quarter, warned investors the company was on track for a similar or worse hit during the current period, The Wall Street Journal reported. โWe have frustrated and disappointed our customers because of some of the production and supply chain issues we are up against,โ West said at a conference, the Journal reported. West said the company should begin generating cash in the second half of the year.
Tesla Inc. omitted a previously stated goal to eventually sell 20 million vehicles a year from one of its yearly reports, adding to signs Elon Musk is prioritizing autonomy over its core car business.
The company still says in the 2023 impact report it wants โto displace fossil fuels by selling as many Tesla products as possible,โ as it has in previous years. However, the carmaker deleted language that appeared in its 2021 and 2022 reports which quantifies how many cars it wants to make by the end of the decade.
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$SUPER MICRO COMPUTER INC(SMCI)$ $NVIDIA Corp(NVDA)$ $GraniteShares 2x Long NVDA Daily ETF(NVDL)$ $Direxion Daily NVDA Bull 2X Shares(NVDU)$ $T-Rex 2X Inverse NVIDIA Daily Target ETF(NVDQ)$ When the ๐ strikes 8, NZ time, I'll be ready to trade, in a rhythm so prime. Nvidia's rise or fall, I'll watch with keen eyes, in premarket moves, the secrets it hides. Super Micro Computers, I'll keep in my sight, SMCI might soar or dip, come the night. If NVDA's strong, I'll ride the bullish wave, but if it falters, my strategy I'll save. I'll be looking at FIB points, my guide, to decide when to exit, when to bide. Fortunate to have an acquaintance so wise, assisting me in levels where the profit lies. SMCI's a backup, with potential so bright, in the premarket dance, I'll assess their might. Whether NVDA or Super Micro's the star, I'll play the market smart, raising the bar. So hereโs to the evening, the trades Iโll make, with wisdom & wit, no risk I'll forsake. In the ๐ of stocks, where fortunes sway, I'll trade NVDA or SMCI, come what may. I seek trends & opportunities, wherever they lie, with a keen eye on the market & a strategy so sly. Whether long or short, I'll try to find the right stance, navigating the market with a clever, cool dance. I'll always be vigilant, watching the charts, catching the rhythms as the trading day starts. Whether it's Nvidia or SMCI in sight, I'll follow the trends, morning or night. With FIB lines guiding my way, I'll determine the moment to exit the play. My acquaintance, so wise, helps me see, the levels where profit lies for me. No matter the moves, bullish or bear, I adapt my strategy with skill & care. I'll make the trades, stay sharp & aware, for in this market, I'm always prepared. In stocks, where fortunes twist & turn, I'll stay informed & continue to learn. With a keen sense of trends, opportunities I'll discern. Whether in gains or losses, I'll never adjourn. Trading's an art, & I'll master each part, with a calculated mind & a strong heart. Opportunities abound, & I'll seize each one, from premarket dawn until the day is done. I'll read the charts, interpret the signs, making decisions with my FIB lines. My wise acquaintance by my side, guiding me through the financial tide. NVDA or SMCI, the names in play, I'll navigate the market, finding my way. With wit & wisdom, I'll make my mark, trading in the light or even in the dark. For in the world of stocks, I hold the key, to unlocking profits & trading free.
So when the clock strikes eight, & the market's in sight, I'll be ready to trade, with all my might. Watching the trends, seeking the signs, navigating the market's intricate lines. With each trade, I aim to succeed, following the strategies I've carefully keyed. From Nvidia's peaks to SMCI's dives, I'll trade with confidence, as long as the market thrives. With FIN points & wise advice, I'll find the exit at just the right price. For trading is a journey, a path to tread, with knowledge & skill always ahead. In the dance of stocks, I'll find my groove, making moves that are wise & smooth. Whether the market soars or it sways, I'll be prepared, come what may. I'll always stay vigilant, seeking the trends, & making the trades where the profit extends. In the world of stocks, where fortunes shift, I'll use my skills & never drift. Whether it's Nvidia or SMCI, I'll trade with care & never say goodbye. With FIBโs wisdom & a keen eye, I'll navigate the market, reaching for the sky. So here's to the evening & the trades I'll make, with strategies & insights, no risk I'll take. In the dance of stocks, I'll find my groove, making moves that are clever & smooth.