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NVIDIA's stock fluctuated after earnings: Up or down next?
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Weekly Syrup: Rate cut? Cut! Let's give Nvidia a take now.

Weekly Syrup: Rate cut? Cut! Let's give Nvidia a take now.
$NVIDIA (NVDA.US)$ is set to release its Q2 earnings on August 28th, a pivotal moment for global markets, particularly the AI sector, and a potential trendsetter for U.S. tech stocks amid current market fluctuations.
Recently, Nvidia's stock quickly recovered nearly 30% following a dip on August 5th, reinforcing its status as a dominant force in AI. The market's positive anticipation for the Q2 report is rooted in Nvidia's history of surpassing earnings expectations. Read more>>
Weekly Syrup: Rate cut? Cut! Let's give Nvidia a take now.
But before other recaps, let's look at something different:
What's Moo'ed?
"What's Moo'ed" is a space that captures fun, newsworthy, jaw-dropping and sometimes confusing (lmao) news clips for mooers so that you know this is a colorful world (or a weird and speechless one).
1. You raise me up
A home cook was left dumbfounded after turning up the heat on his electric cooktop only to realize his wireless headphones were also increasing in volume. The why is simple. The stove is hot. So it "turns on" the headphones.
Weekly Syrup: Rate cut? Cut! Let's give Nvidia a take now.
2. Please Mr. Postman
As if the world’s post offices weren’t plagued by enough delays: Employees at a Welsh bank were dumbfounded after receiving a postcard 121 years after it was originally sent. Clearly, this mail really didn't "find you well".
Weekly Syrup: Rate cut? Cut! Let's give Nvidia a take now.
3. An apple a day keeps doctors away
"Burnout coaches" and "burnout recovery specialists" are increasingly popping up across Canada, the U.S., the U.K., Australia and Europe. This job will have two opposite futures: 1) People get more burned out to earn extra money to pay for the coaches. 2) The fee is just too expensive, so it scares away all potential customers.
Weekly Syrup: Rate cut? Cut! Let's give Nvidia a take now.
4. Let's take a walk, please.
A group of commercial dog walkers are voicing their frustration with a new policy that bans them from operating at a downtown Toronto dog park, saying their livelihoods are at stake. Maybe they can try malls. This means they can lead a group of mall walkers at the same time. Double pay! Or they can change themselves into dog runners.
Okay, let's dive back to the syrup:
The new outlook of the US economy?
During his 2024 campaign, Donald Trump has adopted a more measured approach to technology, spanning IT, cryptocurrencies, semiconductors, and energy sectors. He now endorses technological innovation alongside traditional energy, while remaining skeptical of renewable energy and "global warming." The implications of these policy shifts on industry development are noteworthy.
Trump has reversed his stance on cryptocurrency, moving from skepticism to advocating for the U.S. as a crypto leader and suggesting Bitcoin join national reserves. His 'Agenda 47' aims to ease crypto regulations, enhancing investment prospects in the sector. Despite tech's traditional Democratic leanings, antitrust challenges have brought Silicon Valley, including Elon Musk, closer to Trump. Read more>>
Another thing we are eyeing on: rate cut
Since March, gold has been trending upward, reaching an all-time high on March 6th and then stabilizing between $2,300 to $2,400 from April to July.
In early August, prices soared past the $2,500 threshold, catching the eye of global investors. Anticipation of a Fed rate cut has heightened gold's appeal, prompting investors to contemplate higher gold allocations in their portfolios. While many prefer buying physical gold, such as bars, coins, or ingots, the growing demand for investment variety has led to the rise of gold ETFs (Exchange-Traded Funds) as a favored alternative.
Weekly Syrup: Rate cut? Cut! Let's give Nvidia a take now.
Gold-related ETFs are funds traded on exchanges that use gold as their primary asset, offering investors a different avenue to engage with the gold market. These ETFs fall into two categories: those that track the price of gold directly and those that invest in gold mining stocks. Read more>>
Weekly Syrup: Rate cut? Cut! Let's give Nvidia a take now.
US you are not alone, we might cut too
The Bank of Canada (BOC) signaled potential future rate cuts concurrent with a 25 basis point reduction to 4.50% on July 24, contingent on forecasted easing inflation. July's inflation in Canada dipped to a low since March 2021 at 2.5%, closely aligning with the BOC's third-quarter prediction of 2.3%. Core inflation also neared the expected 2.5%, averaging 2.6% in July. Read more>>
Let's see what mooers are talking about recently
$Direxion Daily Semiconductor Bull 3x Shares ETF (SOXL.US)$ A path to 65-70$ is clearly showing here with Nvda EV this Wednesday,Jackson’s Hole deceleration on lower rates,Fed reaching their objective of bringing inflation down without breaking the economy or destroying employment.A 10% to 15% increase in semis are doable before year end.Nvda will God willing show great earnings momentum.A record Epic Quarter ever.We are in the beginning stage of Ai/Nvda led 4Th industrial renaissance and The 4Th Wave Civilization.Best way is to play Soxl with up to 7% Asset Allocation.
$NVIDIA (NVDA.US)$ I'm so bullish on this, I cashed out my treasuries and got a couple bulls for good luck. I'm dreaming of the rocketship. AI gold standard, partnerships with META. Take me to Mars baby, without Elon Musk. Graphics so crisp you'll see elephants with Neon tusks. You'll get your peons crushed. Man I'm on a rush. Like when i was in the NFL. Nvidia baby. Let's goo 🙌 Earnings time 🚀 🚀
$U-BX Technology (UBXG.US)$ It is heavily shorted which means if it goes up in price there will be a lot who will get squeezed and they try to cover! What happens next is A MOON SHOT!!!!!! woooohoooo.....Thank you to all the shorts! You guys just wait! 😆
Weekly Syrup: Rate cut? Cut! Let's give Nvidia a take now.
What do you think of Nvidia earnings, gold and rate cut? And what's your take on other hot issues in the past week? How can they earn you more money(we pray that for you)?
Share your stories, ideas, feelings and emojis in the comments below:
Participation Reward: Join the discussion (10 words or more) with reasonable comments, and you will receive 33 points.
Event time: From now until September 1, 2024, at 24:00 ET time.
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Weekly Syrup: Rate cut? Cut! Let's give Nvidia a take now.
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only. Read more
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