Behind the Monster Rally That Drove the Nasdaq to 20,000
Nasdaq Settles Above 20,000 Following Inflation Data, Alphabet Surges After Gemini 2.0 Unveil: Fear & Greed Index Remains In 'Neutral' Zone
Adobe, Broadcom And 3 Stocks To Watch Heading Into Thursday
Earnings Scheduled For December 12, 2024
The "Walmart recession signal" has turned on the red light; is the recession really coming?
Analysis suggests that the current "Walmart recession signal" cannot accurately indicate a recession. First, there is controversy over the selection of the Index used. Second, the trend in the Luxury Goods Industry has shifted, putting overall pressure on the Industry. Third, Walmart's own Business model is continuously evolving, starting to shift toward expanding high-margin Business.
The demand for AI in Electrical Utilities is strong, and even ExxonMobil wants a piece of the action.
Exxon Mobil plans to build a large Henry Hub Natural Gas power plant to directly supply power to the Datacenter and use advanced technology to capture more than 90% of the plant's carbon emissions. Analysis suggests that Exxon Mobil views the growing electrical utilities demand from Datacenters as an opportunity for the company to enter the Industry.
Exxon Unveils Low-carbon Plan to Power Data Centers; Eyes $140B in Permian Basin Capex
The two major US Energy giants are targeting the "fat" of the AI era: powering Datacenters.
Executives from the two major Energy giants in the USA, Chevron and Exxon Mobil, stated on Wednesday that they are considering entering the Electrical Utilities Industry and discussing the use of Henry Hub Natural Gas and carbon capture technology to supply power to AI Datacenters in the Technology sector. Previously, USA oil companies typically only produced power for their own Business. However, amid the current surge in demand, they are attempting to enter a broader Electrical Utilities market.
Jim Cramer Bullish On Netflix Nearing $1,000 And AMD's 'Cheap' Valuation Despite Nvidia Dominance
Trump is reportedly set to ring the bell at the NYSE today. What does it signify?
① According to media reports, the USA's incoming president Trump will go to the NYSE on Thursday to ring the opening bell and deliver a speech; ② There are reports that Trump will be named Time Magazine's Person of the Year for 2024, but this has not yet been confirmed by Time; ③ Since Trump's announcement of victory, the three major US stock indices have risen repeatedly, with the market encouraged by promises of tax cuts and deregulation.
The NASDAQ broke through 0.02 million points for the first time, Tesla led a group of tech giants to a new high, and Bitcoin climbed to 0.1 million dollars
The Dow and Apple fell, the Nasdaq rose nearly 2%, Tesla and Google rose nearly 6%, while Meta, Amazon, and Netflix all reached new highs. NVIDIA rose over 3%, Broadcom rose nearly 7%, Super Micro Computer once dropped over 8%, the decline of Chinese concepts narrowed, and Fangdd Network turned to rise over 11%. The U.S. November CPI confirms interest rate cut bets for next week, with a pause on rate cuts expected in January next year. The dollar and U.S. Treasury yields rebounded in a V-shape, while spot Gold reached its highest level in five weeks. The yen plunged below 152, while the offshore yuan once dropped over 300 points, falling below 7.29 yuan. After a significant interest rate cut by the Bank of Canada, the Canadian dollar and Canadian bond yields turned to rise, and oil prices increased by about 2%.
Broadcom's AI Edge: 'Apples-to-Oranges Comparison' Shows ASICs Outgrowing GPUs, Says Analyst
Nasdaq Surges Past 20,000 for the First Time, Powered by Tech Giants | Wall Street Today
Bank of America CEO Sees Net Interest Income Moving up the Ladder From $14.3B in Q4
P/E Ratio Insights for Exxon Mobil
Johnson & Johnson Analyst Ratings
Apple's Record-Breaking Rally Boosts Appeal of Call Options Amid AI Optimism
Semi Stocks Rise Helps Propel Nasdaq Above 20,000 Points
Exxon Mobil's 2030 Plan: $20 Billion Earnings Boost, Cash Surge, Emissions Goals & More
6 Analysts Assess Broadcom: What You Need To Know