Good MorningEquity markets advanced on Wednesday, led by NVIDIA and hope that AI would drive the company to new highs: those hopes were met. The company's Q2 revenue is 33% better than the company's "jaw-dropping" guidance, and guidance was raised again. The takeaway from the report is that data centers and big tech are shifting away from traditional computing into high-speed computing and AI, and NVIDIA is the foundation of AI.
The news sent shares of NVIDIA up more than 5.0% in premarket trading, and the rally should continue. The guidance will lead the analysts to up their targets for the Q3 and FY results and the longer-term outlook. The question for investors is if it's time to go all-in on AI and if that means chasing NVIDIA shares higher. Given the results, it is possible that NVIDIA shares could gain another high-double-digit advance before the end of the year. Featured: Everyone’s watching Nvidia right now. Here’s why I’m excited. (Ad) 
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You've probably heard the terms "bear market" and "recession" tossed around when people discuss the economy, but what do they mean, and how are they different?
When comparing bear market vs recession, think of a bear market as the big drop on a rollercoaster, while a recession is more like ... Read the Full Story |
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From Our Partners | | How to Collect Up To $5,917/mo From Trump's Made In USA Boom
Thanks to President Trump's America-First policies, a historic wave of investment is flooding back into the United States: Apple committing a colossal $500 billion to build new U.S. factories. Microsoft injecting $80 billion into domestic manufacturing. Nvidia moving critical chip production back to America.
But here's the hidden opportunity: There's now a groundbreaking way for you to start collecting monthly checks from these very same companies— checks that could reach as high as $5,917 each month.
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So you're looking for top-rated AI mutual funds to cash in on the current gold rush into artificial intelligence without buying individual stock? After reading, you'll know which funds have a proven track record and might be worth investing in.
Although the brave new world of AI can be inti... Read the Full Story |
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Stocks | | | Even with this month’s pullback, it’s been a strong 2023 for the Nasdaq-100. The widely followed index is up more than 30% year-to-date and back within striking distance of its November 2021 all-time high. It is a recovery led by mega caps NVIDIA, Meta Platforms and Tesla, which now make... Read the Full Story |
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From Our Partners | | CPA and CFA says you have WAY too many stocks - just buy these 3
After years working at the biggest accounting firms like Deloitte and KPMG, Joel Litman (who’s also a member of the Global CFA Institute) figured out a unique, less-risky way to grow rich in the stock market. Litman says you don’t need dozens of investments, overpriced advisers, or hedge funds. You just need these 3 stocks, which have helped Litman’s own mom earn 3,400%. | | Click here to view… |
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Auto parts stocks shifted gears this year, naming new CEOs to the 3 largest players. While O’Reilly Automotive (NASDAQ: ORLY) and Autozone (NYSE: AZO) chose to go the internal route to help ensure a smooth transition, Advance Auto Parts (NYSE: AAP) looked outside the company.
Given the rece... Read the Full Story |
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Markets | | | Asian stocks followed Wall Street higher on Tuesday as traders waited for signs of interest rate plans from this week's Federal Reserve conference.Shanghai, Tokyo, Hong Kong and Seoul rose. Oil prices edged lower.Wall Street's benchmark S&P 500 index rose Monday for its first gain in five days a... Read the Full Story |
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From Our Partners | | Bitcoin just passed Amazon in total market cap — but most investors are missing the bigger opportunity.
While the crowd buys Bitcoin outright, trader Larry Benedict is using a method called “Bitcoin Skimming” to target 6x, 9x, even 22x bigger profits. He reveals how it works in a free video. | | Watch the Bitcoin Skimming strategy here |
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Markets | | | WeWork is moving forward with a 1-for-40 reverse stock split in a bid to maintain its listing on the New York Stock Exchange. The NYSE issued a notice to the workspace-sharing company in the spring after shares closed below an average of $1 over a 30-day trading span. The value of company shares hav... Read the Full Story |
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Markets | | | Kohl’s reported on Wednesday that profits dropped nearly 60% on weak sales in the second quarter, joining a slew of retailers that are wrestling with shoppers’ cautious spending in a challenging economy Read the Full Story |
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Markets | | | Four years into its historic economic meltdown, Lebanon’s political elites, masters at survival, are pushing for a recovery that would sidestep tough reforms demanded by the International Monetary Fund.Economic experts and former officials involved in designing Lebanon’s original IMF-approved recove... Read the Full Story |
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Markets | | | Dick's Sporting Goods profit slipped in its second quarter and missed Wall Street's expectations as the retailer cut its full-year profit outlook, citing worries over theft at its stores.Shares declined nearly 24% in afternoon trading Tuesday. For the period ended July 29, Dick's earned $244 million... Read the Full Story |
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Shares of Lowe's Companies Inc. (NYSE: LOW) stock are up over 3% in early trading after the home improvement retailer posted mixed earning results. On the earnings call, management noted that consumers taking on small projects helped offset the macro headwinds, causing them to hold off on larger p... Read the Full Story |
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Thursday's Early Bird Stock Of The Day Chicken Soup for the Soul Entertainment, Inc. operates as an advertising-supported video-on-demand (VOD) company in the United States and internationally. It owns and operates various ad-supported and subscription-based VOD networks, including Redbox, Crackle, Chicken Soup for the Soul, Popcornflix, Popcornflix Kids, Popcornflix Comedy, FrightPix, Truli, and Españolflix, as well as Pivotshare, subscription VOD platform. The company also operates Redbox Free Live TV, a free ad-supported streaming television (FAST) service with various channels as well as a transactional video-on-demand (TVOD) service; and a network of kiosks for DVD rentals. In addition, it is involved in the creation, acquisition, and distribution of films and TV series; and licensing of content through theatrical, home video, pay-per-view, free, cable and pay television, and subscription and advertising video-on-demand platforms. The company was founded in 1993 and is headquartered in Cos Cob, Connecticut. Chicken Soup for the Soul Entertainment, Inc. operates as a subsidiary of Chicken Soup for the Soul Productions, LLC. | | View Today's Stock Pick |
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