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“.. Chipmakers are experiencing strangely uneven times. .. companies like $NVDA are blowing down the doors .."
"But in other sectors, including automotive and industrial, the industry has been in a prolonged slump ..” Source: Carl Quintanilla @carlquintanilla on X, Bloomberg
BREAKING 🚨: Illegal SHORT SELLERS in South Korea now face the possibility of LIFE IN PRISON
#freemarkets Source: Barchart
😎 ALMOST NO GLOBAL INVESTORS EXPECT A RECESSION 😎
Only 8% of investors from the BofA survey* expect a hard landing for the global economy within next 12 months, second-lowest reading in 2 years. 76% expect a soft landing. *Survey of 195 participants with $503 billion asset Source: BofA, Global Markets Investor
Chinese e-commerce giant $BABA Alibaba’s international arm launched an updated version of its artificial intelligence-powered translation tool
It says, is better than products offered by Google, DeepL and ChatGPT. 👉 The product supports 15 languages: Arabic, Chinese, Dutch, English, French, German, Italian, Japanese, Korean, Polish, Portuguese, Russian, Spanish, Turkish and Ukrainian. 👉 “The idea is that we want this AI tool to help the bottom line of the merchants, because if the merchants are doing well, the platform will be doing well,” Kaifu Zhang, vice president of Alibaba International Digital Commerce Group and head of the business’ artificial intelligence initiative, said https://lnkd.in/eJrhxVrM Source: CNBC
$NVDA notches record high, looks to unseat Apple as world's most valuable company:
1- Apple $3.517 Trillion; 2- Nvidia $3.387 Trillion Why is Nvdia stock still running? • $GOOGL ordered 400K GB200 chips valued at $10B • $MSFT purchased 60K GB200 chips worth $2B • $META acquired 360K GB200 chips for $8B. Demand for Nvidia's Blackwell chip is absolutely INSANE...
Washington Post: Israeli Prime Minister Benjamin Netanyahu has told the Biden administration he is willing to strike military rather than oil or nuclear facilities in Iran.
Oil gaps down on the new 👇 Source: Markets & Mayhem
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