Category Archive: Finance, No picture
How Nvidia And AI Overshadowed The Fed
Image Source: Unsplash Two major events happened this week.One, the Fed kept rates where they are and signaled three more rate cuts to come this year. That’s what I’ve been saying would happen for months.The bigger event, in case there was any doubt that artificial intelligence (AI) is growing rapidly, was this week’s Nvidia GTC expo […]
AI’s Energy Needs Are Increasing, And Companies Like This Will Profit
↵Image Source: Unsplash “No power, no AI. Or to put it more clearly: no electricity, no progress.” That’s what the CEO of Siemens Energy told shareholders at a recent meeting.You see, everyone is excited about the potential of artificial intelligence (AI). But they’re forgetting one important thing.The rapid increase in demand for AI is running […]
S&P 500 & Nasdaq 100 – Elliott Wave Analysis Update
Image Source: Unsplash Solid follow through to the upside in both the ES and NQ. I have made a labeling adjustment on both the ES and NQ with regard to their individual 3rd waves. It does extend the upside potential but the count is cleaner and more fitting to what is trading at the moment. The […]
Lululemon Q4 Results Show 16% Growth In Net Revenue
Image Source: Unsplash Lululemon Athletica (LULU) has released its financial results for the fiscal fourth quarter of 2023. Lululemon revenue jumps Total net revenue for the fourth quarter of 2023 increased by 16% to $3.2 billion compared to $2.8 billion in the same period of the previous year.This growth was primarily driven by increased net revenue […]
Growth And Diversification With The Industrials Sector
Image Source: Unsplash Enjoy growth and diversification of your portfolio with the industrials sector. Whether you are an income-seeking investor or growth-oriented, you’ll find plenty of solid candidates in this sector. However, learn about the benefits and pitfalls of this sector before choosing stocks.Companies in the industrials sector produce and distribute goods and services related to […]
The Money Supply Fell For The Fifteenth Month In A Row As Full-Time Jobs Disappear
Image Source: Pexels Money supply growth fell again in January, remaining deep in negative territory after turning negative in November 2022 for the first time in twenty-eight years. January’s drop continues a steep downward trend from the unprecedented highs experienced during much of the past three years.Since April 2021, money supply growth has slowed quickly, and since […]
Here’s What Wall Street Is Saying About Nike Ahead Of Q3 Earnings
Image Source: Unsplash Nike (NKE) is expected to report results on its fiscal third quarter on Thursday, March 21, with a conference call scheduled for 5:00 pm EDT. What to watch for: GUIDANCE: In December, Nike forecasted Q3 revenue to be slightly negative, with a gross margin expansion of 160-180 basis points. The company lowered its fiscal 2024 revenue […]
Softs Report – Thursday, March 21
COTTON General Comments: Cotton was lower yesterday with weakness seen in nearby months on ideas of weaker export demand. It is too early to plant in Texas but the heat and dry weather raises concerns about production potential later in the growing season and blackened soils might not permit much planting, anyway. The demand news […]
Reddit Stock Rallies 70% On NYSE Debut
Image Source: Unsplash Reddit (RDDT) gained a whopping 70% as it debuted on the New York Stock Exchange on Thursday – signalling strong appetite for new tech stocks. Reddit is now worth over $10 billion The social media company priced its initial public offering at $34 per share on Wednesday that valued it at about $6.4 billion.Following the […]
April 2024 Bitcoin Halving: A 50% Reward Cut Looms
Image Source: Unsplash Welcome, dear readers, to a journey through time, technology, and economics as we await the much-anticipated Bitcoin Halving event. Imagine the scene: a global community, from seasoned traders to curious onlookers, all watching the countdown as the digital landscape prepares for a seismic shift. This isn’t just a moment in time; it’s a milestone on […]
