Good morning mooers! Here are things you need to know about today's market:
● S&P/TSX 60 Index Standard Futures are trading at 1,338.10, down 0.16%
● Bank of Canada urged to act swiftly as unemployment may reach 7%, economist warn
● Canadian telecom shares set for recovery as pricing war eases: Analysts
● RBC restructures, divides key banking division into two
● MAG Silver climbs 1.8% in US pre-market...

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Here is information provided by renowned American analyst Claude:
This chart shows the cumulative changes of NVIDIA (NVDA) companies since the end of 2022, mainly showing three key indicators:
1. Price: Indicated in a dark blue line, showing the most significant growth. From the end of 2022 to June 2024, NVIDIA's stock price rose by about 800%, a growth rate that was amazing.
2. Expected earnings per share (Forward EPS): Indicated in a light blue line, also showed significant growth, but the margin was not as strong as the share price. By June 2024, earnings per share are expected to grow by about 600%.
3. Expected market earnings (Forward P/E): Indicated in gray lines, relatively stable with only slight fluctuations. This indicates that share price growth is broadly in line with expected earnings growth.
Overall, this chart reflects NVIDIA's strong performance during this period. The significant increase in share price and expected earnings is likely due to the company's leadership in the artificial intelligence and graphics processor markets, as well as the rapid development of these areas. However, the expectation of a relatively stable market earnings rate showed that despite the significant increase in stock prices, investors' expectations for the valuation of the company were not significantly changed.
THIS TREND REFLECTS STRONG MARKET CONFIDENCE IN NVIDIA'S FUTURE GROWTH PROSPECTS, WHILE ALSO HINTING AT THE COMPANY'S INCREASING IMPORTANCE IN RELATED TECHNOLOGY AREAS.