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Tradr 1.5X Short NVDA Daily ETF Newsroom
Apple, Alphabet, Meta, Nvidia Lead in Stock Buybacks in S&P 500 in Q2
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OpenAI's emails indicate that Musk pushed for the establishment of a for-profit structure as early as 2017.
Screenshots released by OpenAI on Friday show that one of the company's co-founders, Elon Musk, pushed for the establishment of a profit-making structure as early as 2017. Last Friday, OpenAI retaliated against its co-founder Elon Musk. Last month, the billionaire asked a federal court to prevent OpenAI from transforming into a fully profit-oriented business. In a blog post titled 'Elon Musk Wants a Profit-Making OpenAI,' the startup claimed that in 2017, Musk had '
Market Clubhouse Morning Memo - December 13th, 2024 (Trade Strategy For SPY, QQQ, AAPL, MSFT, NVDA, GOOGL, META and TSLA)
Nvidia's Stock Is Missing Out on the Big Chip Rally After Broadcom Earnings
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Broadcom Poised for Strong Growth Over Next 3 Years Amid 'Surging' AI Opportunity, BofA Says
Broadcom's stock price achieved its largest increase since 2020, and its Market Cap first exceeded the 1 trillion dollar mark.
After Broadcom, which supplies chips to Apple and other large Technology companies, anticipated a significant increase in demand for its AI chips, its stock price surged, and its Market Cap surpassed 1 trillion dollars for the first time. The company stated in its Earnings Reports conference call that sales of AI products will grow by 65% in the first fiscal quarter, much higher than the overall growth rate of about 10% for its Semiconductors. This chip manufacturer also predicted that by the fiscal year 2027, the potential market space for its AI components designed for Datacenter Operators could reach 90 billion dollars. Similar to NVIDIA, Broadcom also positions itself as a major beneficiary of the AI spending frenzy.