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Tech giants' financial reporting season is coming again, and this time the focus is still on: nvidia and capital expenditures.
Analysts believe that considering the expensive stock price and the high base of the same period last year, nvidia's Q3 performance may "face challenges", investors closely watching its AI investment and Blackwell chip situation; On the capital expenditure side, Wall Street generally expects it to continue to surge, but still bullish on AI potential.
Behind the delay in Blackwell's shipments: Nvidia and Taiwan Semiconductor were exposed to "internal strife", one side blamed packaging technology, the other side claimed to be forced to rush.
Some nvidia engineers believe that the issues with the Blackwell chip partly stem from design flaws, while others think they are due to Taiwan Semiconductor's use of new technology to package different chips; Taiwan Semiconductor employees feel that nvidia rushed the production process and did not leave enough time to address the problems; when shareholders came to inquire about the delayed shipment of Blackwell, Taiwan Semiconductor's investor relations department shifted the blame to nvidia. Although these issues are not enough to impact the nearly thirty years of cooperation between the two companies, they highlight that while the AI business is profitable, the pressure that nvidia places on Taiwan Semiconductor is increasing.
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Legendary investor Drew Miller regrets selling nvidia, calling it a "major mistake".
Billionaire investor Drew Miller said on Wednesday that his decision to sell nvidia stocks earlier this year was a "significant mistake". He also mentioned that nvidia is a great company, and if the stock price falls, he will participate again.
U.S. stock market closing: all three major indexes rose collectively, with the Chinese concept stock index up nearly 1%.
1. China concept stocks varied, nasdaq china golden dragon index rose by 0.93%; 2. Airbus plans to cut 2,500 jobs in defense and aerospace departments; 3. General Motors invests $0.625 billion in a top lithium project in the USA; 4. E-mini russell 2000 index has reached its highest level in nearly three years.
King Nvidia Technicals Will Determine The Stock Market Direction — Overreaction To ASML Earnings
SpyderCall OP : Here is a link to the full transcript of the interview. There is quite a bit more info in the transcript than that was actually aired. Might be worth a look.
cbsnews.com/new...
SpyderCall OP : Powell did hint towards potential troubles in smaller banks. $Invesco Kbw Regional Banking Etf (KBWR.US)$ $Ishares Trust U.S. Regional Banks Etf (IAT.US)$ $iShares Russell 2000 ETF (IWM.US)$
MonkeyGee : The economy is not as good as they have portraited. Employment only reflects people who are on unemployment within 6 months. After 6 months, they are no longer included in that number, even if you are still unemployed. The stock market only looks health on the surface. The market is up mainly because of 7 stocks, majority of the stocks are still at 52 low or all time low.