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[Rewards]

We will reward you with 50 Tiger Coins when you share your knowledge about stocks and markets here, depending on quality and originality.

[Winners Announcement:20 Jun]

1.Here are the 6 Tigers whose post has the best quality & interaction yesterday:

Congratulations on being offered 50 Tiger Coins!

AAPL is on Fire : But Don't Buy Now! Really?

Why $250 Level For Nvidia By End Of Q3 2024 Is Possible

2.Here are the stocks mentioned by the above Tigers: $Citigroup(C)$ $Apple(AAPL)$ $NVIDIA Corp(NVDA)$

And let's congratulate these Tigers for winning 5-40 Coins:

Below are Today's Key Takeaways.

Top News Move the Market

The S&P 500 and Nasdaq closed lower on Thursday, as market bellwether Nvidia retreated from earlier gains, while investors evaluated recent economic data and commentary from Federal Reserve officials to determine the timing of interest-rate cuts this year.

$NVIDIA Corp(NVDA)$ fell 3.5% after it relinquished its recently obtained title as the world’s most valuable company back to Microsoft. Nvidia’s valuation still topped the market value of Apple. Microsoft was down 0.2% on Thursday and Apple declined 2.2%.

$Dell Technologies Inc.(DELL)$ fell 0.4% and Super Micro Computer was down 0.3%. Both stocks couldn’t hold onto initial gains after Elon Musk acknowledged the companies as providers of server infrastructure for Musk’s xAI start-up.

$Advanced Micro Devices(AMD)$ gained 4.6% to $161.78 after Piper Sandler analyst Harsh Kumar named the chip maker a “top pick in the large cap space.” The analyst said the firm feels “there are additional tailwinds set to come for both the server and PC businesses. These tailwinds coupled with embedded hitting bottom in the June quarter; we view AMD as having bright prospects moving into the back half of the year.”

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