"Amid some skepticism, nobody seems keen to bet against the name, on a view that NVDA remains extremely well-positioned"
Today, markets are only interested in one economy, one field, and earnings from one company, which may or may not be in a bubble. It makes a change from a focus on “Rate cuts!” I guess. But in the real world, there’s lots to think about, politically.
"Additional time is needed for SMCI’s management to complete its assessment of the design and operating effectiveness of its internal controls over financial reporting as of June 30, 2024..."
Eight of the top 10 fastest-growing cities were in Canada. Only two U.S. cities in Texas, Fort Worth and San Antonio, made the top 10...
The stock market seems to love the idea of the Fed lowering rates before they do so. But, when the Fed lowers rates, the result is not often friendly for stock investors.
Several oil depots on fire after multiple overnight strikes...
Harris has finally agreed to an interview after weeks of avoiding the press since being anointed...
“The Nvidia result has become very much like a macro event, in some ways as big as the payrolls and CPI releases in terms of market impact,
Fourth Turnings NEVER de-intensify. There will be blood, death, and war on an enormous scale before this Crisis is resolved...
Warren Buffett's ongoing liquidation of his Bank of America stake comes right before...
Do these 'supercentenarians' have any advice for living for so long?
Shkreli had to forfeit a one-of-a-kind Wu-Tang Clan album in 2018... now a judge ordered him to surrender any digital copies until a court case is finalized.
- European bourses are generally firmer, US futures flat/firmer but NQ leads ahead of NVDA earnings after-hours
- Dollar is firmer, AUD fares best post-CPI & EUR underperforms
- Bonds are incrementally firmer awaiting impetus from Fed speak and US 5yr supply
- Crude continues to slip, XAU and base metals hampered by the firmer Dollar
- Looking ahead, DoEs, Fed's Bostic, Supply from the US, and earnings from NVIDIA, Salesforce, and CrowdStrike
"Wow... A 345k SF office tower in Baltimore sold for $4M. That's a shocking $12 per square foot."
A coup: "this election is being stolen from us... the people must get rid of Macron."
West spent billions seeking to jump-start domestic military-industrial complex...
The plan will last six months—September 2024 to February 2025—and will receive $135 million in funding.