$NVIDIA (NVDA.US)$ Last night felt like a "sports car hitting the brakes" — not moving an inch, yet thanks to the CEO's remarks, quantum concept stocks took a dive. It’s hard not to marvel at the phrase: "Standing still like a mountain, yet inflicting damage on thousands." On the chart, the stock has fallen into a consolidation phase, with bulls and bears battling fiercely around the $140 mark. The price is below the 5-day and 10-day moving averages, signaling short-term ...
Recently, Jensen Huang, the CEO of Nvidia(NASDAQ: NVDA), made some rather cautious remarks about the future of quantum computing. In a statement that captured a lot of attention, Huang downplayed the potential of quantum computing, suggesting that classical computers, particularly those powered by GPUs (graphics processing units), would remain the dominant force for the foreseeable future. He even went as far as to say that quant...
$Tesla (TSLA.US)$13 more days until Trump is the official president, tesla and crypto will definitely be up. Must keep an eye on this stock in the coming 2 weeks.
$Tesla (TSLA.US)$ Tesla plunged after 4Q2024 deliveries missed expectation and its own prediction of slight annual growth by about 20,000 vehicles. This was its first negative catalyst after the surge last year. It fell into the lower Bollinger Band. It rebounded but got rejected at the mid-band. This is bearish. It may move sideways to down until the 4Q2024 results are announced. Results may miss expectation because of price cuts and zero-interest financing. Gross pr...
Reports indicate that U.S. President-elect Donald Trump is considering declaring a national economic emergency to provide legal grounds for imposing high, widespread tariffs on other countries. Minutes from the Federal Reserve’s December monetary policy meeting show that almost all policymakers believe the inflation outlook poses an increasing risk. Off...
Last night felt like a "sports car hitting the brakes" — not moving an inch, yet thanks to the CEO's remarks, quantum concept stocks took a dive. It’s hard not to marvel at the phrase: "Standing still like a mountain, yet inflicting damage on thousands."
On the chart, the stock has fallen into a consolidation phase, with bulls and bears battling fiercely around the $140 mark. The price is below the 5-day and 10-day moving averages, signaling short-term ...
Tesla plunged after 4Q2024 deliveries missed expectation and its own prediction of slight annual growth by about 20,000 vehicles.
This was its first negative catalyst after the surge last year. It fell into the lower Bollinger Band. It rebounded but got rejected at the mid-band. This is bearish. It may move sideways to down until the 4Q2024 results are announced. Results may miss expectation because of price cuts and zero-interest financing. Gross pr...
Minutes from the Federal Reserve’s December monetary policy meeting show that almost all policymakers believe the inflation outlook poses an increasing risk. Off...
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