If Nvidia continues like this, the chip company will soon be as big as all 40 Dax comps combined
Source: Bloomberg, HolgerZ
The secret wallet that bought $3,000,000,000 worth of Bitcoin in the last 3 months belongs to Robinhood
While the market panicked, they bought. Source: Crypto Rover
U.S. Home Purchase applications drop to lowest level in nearly 30 years
Source: Bloomberg, Barchart
S&P 500 now what ?
S&P 500 index (SPX) rebounded just over support 4'325 a few days ago. Now it's retesting July downtrend resistance and June highs. Keep an eye at that resistance zone 4'448-4'458. Source : Bloomberg
TotalEnergies tested again high end of triangle
TotalEnergies (TTE FP) reversed yesterday on the high end of the triangle. Will it have enough strength to breakout or is it on it's way to retest the lower band ? Source : Bloomberg
Nvidia CEO: "Software Is Eating the World, but AI Is Going to Eat Software" (and Nvidia eats AI?)
After Nivdia $NVDA earnings 🚀🚀🚀 yesterday: 1. Nvidia is now worth 8.8x more than Intel 2. Nvidia is now worth 6.9x more than AMD 3. Nvidia is now worth nearly 3x as much as JP Morgan by market cap 4. Nvidia is now the 5th most valuable public company 5. Nvidia expects $183 million in revenue per DAY in Q3 6. EPS increased by nearly 900% since last year 7. Short sellers have now lost nearly $10 BILLION this year Source: Baris Aksoy, The Kobeissi Letter
This week has seen the biggest set of 'bad news' since April...
And that bad news prompted a very aggressive bid for global bonds with USTs tumbling 8-12bps on the day, leaving the long-end down 9bps on the week (but 2Y +2bps still) Source: www.zerohedge.com, Bloomberg
Nvidia ($NVDA) data center revenue in 2Q was $10.32 billion vs. $3.81 billion y/y, beating estimates of $7.98 billion
In less than a decade, it's gone from a rounding error to the main source of sales. Source: Bloomberg
