๐ Bet on GME Stock Movement and Win Tiger Coins!
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ARK's Cathie vision: Worth $1.2 Billion Blind Spot?
BYD versus Tesla - Which is a Better Buy?
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Below are Today's Key Takeaways.
The S&P 500 gained 5.89 points, or 0.11%, to end at 5,283.40, while the Nasdaq Composite rose 93.65 points, or 0.56%, to 16,828.67. The Dow Jones Industrial Average fell 115.29 points, or 0.30%, to 38,571.03.
Nvidia stock rose 4.9% after CEO Jensen Huang announced its next generation of artificial-intelligence chips. Fellow chip stock Advanced Micro Devices slipped 2% after CEO Lisa Su introduced the MI325X accelerator, which is set to be available in the fourth quarter of 2024.
GameStop stock soared 21% to $28 after a post on the Reddit account at the center of the stockโs 2021 surge. The user, Roaring Kitty, appeared to post a screenshot that shows a $181.4 million position in GameStop stock and options. A fellow meme stock, the movie-theater chain AMC Entertainment Holdings, jumped 11% to $4.81.
US Factory Activity, Construction Spending Both Fall
U.S. manufacturing activity slowed for a second straight month in May as new goods orders dropped by the most in nearly two years, and spending on construction projects slipped unexpectedly the month before, the latest indications that a gradual slowdown in the economy is taking hold.
The Institute for Supply Management's manufacturing purchasing managers index for May fell to 48.7 from 49.2 in April, the research group said on Monday, noting an increase in references to "softening" among survey respondents. It was both the second straight decline and the second month below the 50 level that separates growth from contraction. Economists polled by Reuters had a median estimate for 49.6.
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๐๐๐ Bet on GME Stock Movement and Win Tiger Coins!
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Betting on GME's rise and fall today(Single choice)Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
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