Earnings Preview
$NVIDIA (NVDA.US)$ is poised to release its Q3 2024 earnings on November 20, with expectations set high due to the company's significant growth driven by its AI chips, especially the new Blackwell GPUs. Analysts predict a substantial year-over-year revenue increase to $33.03 billion, up 82%, and earnings per share to rise by 88.11% to $0.70. The Data Center segment remains a key growth driver, ant...

News Highlights
1. Shares of $Trump Media & Technology (DJT.US)$, the operator of the Truth Social site, had a volatile day on Tuesday, halted several times and ending the day up 8.8%. It jumped 22% on Monday. The stock is up 220.5% this month, on pace for its best month since October 2021, when shares rose 580.9%, according to Dow Jones Market Data.
2. $Alphabet-A (GOOGL.US)$ reported ...

News Highlights
1. $Taiwan Semiconductor (TSM.US)$ on Thursday beat analysts' expectations in posting a sharp increase in its profits on surging artificial intelligence related demand.
2. $NVIDIA (NVDA.US)$ stock posted an intraday record Thursday after billionaire investor Stanley Druckenmiller said selling shares of the chip maker was a "big mistake" and Taiwan Semiconductor Manufacturing's earnings revealed ju...

The market closed lower Thursday after conflict in the Middle East kept volatility on everyone's minds, while semiconductor stocks climbed after news that OpenAI pulled in a massive new funding round.
Just past 4 pm ET the     $S&P 500 Index (.SPX.US)$ fell 17 bps, the         $Dow Jones Industrial Average (.DJI.US)$ fell 44 bps, and the     $Nasdaq Composite Index (.IXIC.US)$ fell 4 bps.
MACRO
Thursday macro saw the release of Init...

The $S&P 500 Index (.SPX.US)$ soared 1.7% to new highs on Thursday, closing just over 5,700 a day after the Federal Reserve announced a jumbo rate cut of 50 basis points. So far this year, the S&P 500 has risen nearly 20%.
There is growing optimism in the market that the Federal Reserve's jumbo interest rate cut will deliver a "soft landing" for the US economy. Indeed, stocks have performed well following rate cuts - as long ...