Good MorningThe S&P 500 started the week on uncertain footing, sliding more than a half percent at the session's low. The move was sparked by word from China that it was investigating NVIDIA for potential violations of anti-monopoly laws. The violations relate to the acquisition of Mellanox in 2019 and the timing of disclosures. China requires product detail disclosures within 90 days to ensure rivals have a chance to compete.
This week's hurdle will be the CPI data on Wednesday. The CPI is expected to accelerate at the headline level and hold steady at the core, giving the FOMC little reason to lower rates next week when it meets. The bad news is that the outlook for lower interest rates is moderating. The good news is that the economy remains solid and fuels earnings growth among S&P 500 businesses. The outlook for earnings growth is for sequential acceleration in Q4 and the next year, which will be a tailwind for the market. Featured: While Gold Heads to $3,000, This Tiny Miner Could Double... (i2i Marketing Group, LLC) 
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There is an approach that the biggest hedge funds and investment banks use in their daily operations to come up with the best trade and investment ideas, and it is what most might call a “top-down” approach. In this methodology, analysts are tasked with breaking down trends in the glob... Read the Full Story |
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Markets | | | A slide for market superstar Nvidia on Monday knocked Wall Street off its big rally and helped drag U.S. stock indexes down from their records.The S&P 500 fell 0.6%, coming off its 57th all-time high of the year so far. The Dow Jones Industrial Average dipped 240 points, or 0.5%, and the Nasdaq... Read the Full Story |
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Stocks | | | U.S. stock indexes drifted lower Tuesday in the runup to the highlight of the week for the market, the latest update on inflation that’s coming on Wednesday.The S&P 500 dipped 0.3%, a day after pulling back from its latest all-time high. They’re the first back-to-back losses for the index in ne... Read the Full Story |
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There’s no disputing the dominance of NVIDIA Co. (NASDAQ: NVDA) driving the AI revolution for now and the foreseeable future as they make even faster advances with their chips. However, having a 12-month backlog on its next-generation architecture Blackwell GPUs is causing many computer and ... Read the Full Story |
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Markets | | | China’s top leaders have pledged to loosen monetary policy and provide more support for the slowing economy, while Premier Li Qiang swiped at threats of higher tariffs on Chinese exports, saying they hinder global growth. Shares in Hong Kong jumped Monday after state media released a report on the m... Read the Full Story |
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Markets | | | Shares of Nvidia fell Monday after China said it is investigating the high-flying U.S. microchip company over suspected violations of Chinese anti-monopoly laws.In a brief news release with few details, Chinese regulators appear to be focusing on Nvidia's $6.9 billion acquisition of network and data... Read the Full Story |
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NVIDIA's (NASDAQ: NVDA) stock price dived after reports that China is investigating it for violations of its anti-monopoly laws. The move could impact NVIDIA’s business; China accounts for about 15% of the annual revenue, but how far is China willing to go? NVIDIA’s chips and CUDA fram... Read the Full Story |
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Markets | | | When libertarian President Javier Milei assumed office one year ago, Argentine supermarkets were marking price increases on an almost daily basis. Middle-class families tried to spend their rapidly depreciating pesos as quickly as they got them, and economists warned the country was teetering on the... Read the Full Story |
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Quantum computers have the potential to be significantly more powerful than classical computers, making their potential applications immense in the worlds of cryptography, machine learning, and AI more broadly. These machines use encoded quantum bits—qubits—to carry more information an... Read the Full Story |
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Markets | | | Trading can be very exciting, but it can also be very stressful. The market is often unpredictable, and the emotional pressure to make the right decisions quickly can cause traders to let fear, greed, or frustration—emotions that can make it difficult to think rationally or stick to a plan&mda... Read the Full Story |
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Tuesday's Early Bird Stock Of The Day Okta, Inc. operates as an identity partner in the United States and internationally. The company offers Okta's suite of products and services used to manage and secure identities, such as Single Sign-On that enables users to access applications in the cloud or on-premises from various devices; Adaptive Multi-Factor Authentication provides a layer of security for cloud, mobile, web applications, and data; API Access Management enables organizations to secure APIs; Access Gateway enables organizations to extend Workforce Identity Cloud; and Okta Device Access enables end users to securely log in to devices with Okta credentials. It also provides Universal Directory, a cloud-based system of record to store and secure user, application, and device profiles for an organization; Lifecycle Management enables IT organizations or developers to manage a user's identity throughout its lifecycle; Okta Identity Governance provides identity access management and identity governance solutions; Advanced Server Access offers access management to secure cloud infrastructure; Okta Privileged Access enables organizations to reduce risk with unified access and governance management for on-premises and cloud resources; and Okta Workforce Identity Workflows. In addition, the company offers Universal Login, which allows customers to provide login experience across different applications and devices; and Attack Protection, a suite of security capabilities that protects customers from different types of malicious traffic. Further, it provides Adaptive Multi-Factor Authentication, Passwordless, Machine to Machine, Private Cloud, Organizations, Actions and Extensibility, and Enterprise Connections. The company sells its products directly to customers through sales force and channel partners. The company was formerly known as Saasure, Inc. Okta, Inc. was incorporated in 2009 and is headquartered in San Francisco, California. | | View Today's Stock Pick |
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