POPULARITY
US equities are mostly lower with S&P futures pointing down 1.49%. US 2-year yield is steady at 3.8% and 10-year down 5 bps to 4.3%. Gold extends to new record high, bitcoin futures down and WTI crude settled slightly down. Both Asian and European equity markets are lower. Hang Seng underperformed and Taiwan was sharply down. China, Japan and South Korea were also weaker. European indices are pointing down around 1%. White House formally launched national security probes into pharmaceuticals and semis, paving the way for new sectoral tariffs. However, move had been widely telegraphed and market has seemingly been more focused on recent off-ramps. In addition, with US and Japan set to talk trade this week, some thoughts bar for early deals with key allies may be low. Companies mentioned: Datagroup, SPX Technologies, NVIDIA Corp, ASML Holdings
S&P futures and TSX are pointing slightly up. Asian equities inched higher in cautious trade with a 0.8% surge in Nikkei, Hang Seng and Shanghai are slightly up with India leading the gainers as its banks and auto stocks rallied on tariff reprieve news. European equity markets are mostly higher, with major indices up near 1%. Overnight, US 10-year yield was steady at 4.4% with the 2-year up 1 bP to 3.9%. US dollar unchanged, AUD higher, NZD at four-month high, yen and yuan flat. Oil went up and gold firmer. Crude futures are slightly higher, precious metals are also resuming their upward trend, base metals are mixed. Cryptocurrencies are higher.Companies mentioned: Apple, Lowe's Companies, Ryanair Holdings, NVIDIA Corp
All three major U.S. stock indices snapped a three-day winning streak as an imminent tariff announcement from President Trump derailed the recovery from a month-long selloff - Dow fell -132.71-points or 0.31% lower. Nvidia Corp fell -5.74% amid concerns about possible new restrictions on the chipmaker's sales in China. Regulators in China have been discouraging the country's large technology companies from purchasing Nvidia's H20 chip - specifically designed to satisfy U.S. sanctions on exports - as it breaches energy-efficiency rules, the Financial Times reported, citing people with knowledge of the matter. Boeing Co fell -2.1% after a federal judge ordered the airplane maker to go to trial in June in a criminal case related to two 737 MAX crashes in 2018 and 2019. The Wall Street Journal reported Monday (24 March) that Boeing sought to withdraw an earlier agreement to plead guilty in the case that blamed it for deceiving regulators before the crashes. The broader S&P500 shed -1.1% and the biggest decline in almost 2 weeks. Consumer staples rose +1.42%, leading five of the eleven primary sectors higher. Information technology was the worst hit -down -2.46% and sat at the foot of the primary sector leaderboard followed by Communication services- down 2.04%
All three major U.S. stock indices snapped a three-day winning streak as an imminent tariff announcement from President Trump derailed the recovery from a month-long selloff - Dow fell -132.71-points or 0.31% lower. Nvidia Corp fell -5.74% amid concerns about possible new restrictions on the chipmaker's sales in China. Regulators in China have been discouraging the country's large technology companies from purchasing Nvidia's H20 chip - specifically designed to satisfy U.S. sanctions on exports - as it breaches energy-efficiency rules, the Financial Times reported, citing people with knowledge of the matter. Boeing Co fell -2.1% after a federal judge ordered the airplane maker to go to trial in June in a criminal case related to two 737 MAX crashes in 2018 and 2019. The Wall Street Journal reported Monday (24 March) that Boeing sought to withdraw an earlier agreement to plead guilty in the case that blamed it for deceiving regulators before the crashes. The broader S&P500 shed -1.1% and the biggest decline in almost 2 weeks. Consumer staples rose +1.42%, leading five of the eleven primary sectors higher. Information technology was the worst hit -down -2.46% and sat at the foot of the primary sector leaderboard followed by Communication services- down 2.04%
US equity markets rebounded strongly on Friday (14 March), with the S&P 500 and Nasdaq logging their best single session advance of 2025 to date - Dow rose +675-points or +1.66% Nvidia Corp (up +5.27%) was the leading performer in the 30-stock index ahead of the chipmaker's off its weeklong GPU Technology Conference in San Jose, California kicking off tonight AEST, with a keynote address from Chief Executive Officer (CEO) Jensen Huang on Tuesday night AEST (18 March). American Express Co (+3.59%), investment banks Goldman Sach Group Inc (+3.17%) and JPMorgan Chase & Co (+3.22%) all climbed over >3%.
Bloomberg's Nathan Hager breaks down the recent market volatility with Morgan Stanley's Mike Wilson and Bloomberg Opinion contributor Mohamed El-Erian. Global stocks steadied from a selloff and US stock futures signaled a Wall Street bounce, as Bloomberg News reported President Donald Trump will meet with top business executives later in the day. Contracts for the Nasdaq 100 rose 0.5% after the index’s deepest slump since 2022, while those on the S&P 500 climbed 0.4%. Tesla Inc. shares rose in premarket trading after Monday’s 15% slide while other tech names including Nvidia Corp. also edged higher. In Europe, the Stoxx 600 index was steady while earlier, Asian shares bounced off an intraday five-week low.There was relief for other risk assets too, as Bitcoin stabilized after a five-day selloff and oil prices notched a small bounce from Monday’s drop. However, concerns over the once unstoppable resilience of the US economy continue to support Treasury markets, with 10-year yields edging lower again on Tuesday. The dollar index slid 0.3%.See omnystudio.com/listener for privacy information.
Bloomberg's Nathan Hager breaks down the recent market volatility with Morgan Stanley's Mike Wilson and Bloomberg Opinion contributor Mohamed El-Erian. Global stocks steadied from a selloff and US stock futures signaled a Wall Street bounce, as Bloomberg News reported President Donald Trump will meet with top business executives later in the day. Contracts for the Nasdaq 100 rose 0.5% after the index’s deepest slump since 2022, while those on the S&P 500 climbed 0.4%. Tesla Inc. shares rose in premarket trading after Monday’s 15% slide while other tech names including Nvidia Corp. also edged higher. In Europe, the Stoxx 600 index was steady while earlier, Asian shares bounced off an intraday five-week low.There was relief for other risk assets too, as Bitcoin stabilized after a five-day selloff and oil prices notched a small bounce from Monday’s drop. However, concerns over the once unstoppable resilience of the US economy continue to support Treasury markets, with 10-year yields edging lower again on Tuesday. The dollar index slid 0.3%.See omnystudio.com/listener for privacy information.
US equity markets weaker, extending the steep losses recorded a day earlier albeit settling off their worst levels of the session as tariffs of 25% on Canada and Mexico took effect - Dow shed -670-points or -1.55% to 42,520.99, having fallen as much a -843 points at its session low. A close below 40,512.64 would mark a correction (defined as a 10% fall from the most recent peak) from the index's record close of 45,014.04, set on 4 December. Boeing Co (down -6.56%) was the worst performer in the 30-stock index. Nvidia Corp rose +1.67%, recouping some of the previous session's -8.81% decline that dragged the chipmaker into official correction territory (after settling more than >20% below its record all-time closing high of US$149.43 set on 6 January).
US equity markets fell sharply, unwinding opening gains as President Trump said that tariffs against Mexico and Canada will go ahead as planned tonight AEST (and also signed an action to impose an additional 10% duty on China, according to an administration official), while investors also digested signs of a fresh spike in inflation pressures - Dow dropped -650-points or -1.48%. Nvidia Corp fell 8.81% to US$114.22 to be the worst performer in the 30-stock index overnight, with the stock falling into official correction territory after settling more than >20% below its record all-time closing high of US$149.43 set on 6 January. There were reports that Nvidia and Broadcom Inc (-6.05%) are testing Intel Corp's (-4.17%) chip manufacturing process. Separately, The Wall Street Journal reported on Sunday (2 March) that Chinese buyers were finding ways to buy Nvidia's chips despite President Trump's attempts to limit sales to Beijing. Elsewhere, Amazon.com Inc (down -3.42%), Caterpillar Inc (-3.46%) and Chevron Corp (-3.49%) all fell over >3%.
US equity markets fell sharply, unwinding opening gains as President Trump said that tariffs against Mexico and Canada will go ahead as planned tonight AEST (and also signed an action to impose an additional 10% duty on China, according to an administration official), while investors also digested signs of a fresh spike in inflation pressures - Dow dropped -650-points or -1.48%. Nvidia Corp fell 8.81% to US$114.22 to be the worst performer in the 30-stock index overnight, with the stock falling into official correction territory after settling more than >20% below its record all-time closing high of US$149.43 set on 6 January. There were reports that Nvidia and Broadcom Inc (-6.05%) are testing Intel Corp's (-4.17%) chip manufacturing process. Separately, The Wall Street Journal reported on Sunday (2 March) that Chinese buyers were finding ways to buy Nvidia's chips despite President Trump's attempts to limit sales to Beijing. Elsewhere, Amazon.com Inc (down -3.42%), Caterpillar Inc (-3.46%) and Chevron Corp (-3.49%) all fell over >3%.
On today's podcast: 1) Nvidia Corp., the chipmaker at the center of an AI spending boom, delivered good-but-not-great quarterly numbers on Wednesday, drawing a muted response from investors accustomed to blowout results. 2) Chief Justice John Roberts temporarily let President Donald Trump keep freezing foreign-aid payments while the US Supreme Court weighs whether to lift an order that would require disbursement of as much as $2 billion. 3) Two-time Academy Award-winner Gene Hackman and his wife were found dead at their New Mexico home on Wednesday, the BBC reported, citing local police.See omnystudio.com/listener for privacy information.
Trump proporcionó respuestas aparentemente contradictorias sobre sus planes de imponer aranceles a Canadá y México, así como a la Unión Europea; Nvidia Corp., el fabricante de chips en el centro de un auge del gasto en IA, informó sólidos resultados trimestrales y una previsión optimista de ingresos para el período actual, aunque las cifras no alcanzaron el alto nivel con el que contaban algunos inversionistas; y Petrobras anunció dividendos por US$1.600 millones, cifra menor a la estimada, tras una pérdida inesperada de US$2.900 millones en el cuarto trimestre debido a "acontecimientos inesperados", incluida una fuerte devaluación de la moneda.Más de Bloomberg en EspañolNewsletter Cinco cosas: https://trib.al/WIwfnT0Linkedin: https://www.linkedin.com/company/bloomberg-en-espanol/Youtube: https://www.youtube.com/BloombergEspanolWhatsApp: https://whatsapp.com/channel/0029VaFVFoWKAwEg9Fdhml1lTikTok: https://www.tiktok.com/@bloombergenespanolX: https://twitter.com/BBGenEspanolProducción: Ivana Bargues y Stephen WicarySee omnystudio.com/listener for privacy information.
Good afternoon, I'm _____ with today's episode of EZ News. Tai-Ex opening The Tai-Ex opened up 44-points this morning from yesterday's close, at 23,446 on turnover of $4.5-billion N-T. Shares in Taiwan broke a two-session falling streak Wednesday, as artificial intelligence stocks were boosted by expectations about an Nvidia Corp. investor conference later in the day. Analysts say after the index fell to the day's low of around 130 points, some bargain hunters jumped into the trading floor to pick up AI stocks, helping the broader market return to positive territory, and buying continued into the end of the session. Toddler hurt in Taichung blast discharged A 2 year-old girl from Macau, who sustained severe head injuries in the deadly gas explosion at a Taichung Shin Kong Mitsukoshi on February 13 has been discharged from China Medical University Hospital. She will be transported to Macau via a medical charter flight, according to the hospital. The girl's vital signs have stabilized after having been admitted in critical condition and a deep coma, though intracranial (顱內的) pressure remains a concern. The family was visiting Taiwan as a group of 7 when the explosion occurred. The girl's 85 year-old great-grandmother and 24 year-old uncle, who were both injured in the gas explosion and later transferred to the hospital for treatment, were also discharged Wednesday and are expected to return to Macau on the same flight. US registers first measles death in decade A child in the US state of Texas has died from measles (麻疹) amid a worsening outbreak. The death is the first in the country from the disease in more than a decade. Nick Harper has more. NZ Raises Concerns on China's LiveFire Exercises New Zealand's foreign minister says China has agreed to consider concerns that its military did not give enough notice before staging live-fire exercises in the waters between New Zealand and Australia last week. Foreign Minister Winston Peters said Wednesday in Beijing that his Chinese counterpart Wang Yi took New Zealand's concerns on board. Last Friday, passenger flights between Australia and New Zealand hurriedly diverted (改變方向) after Chinese naval vessels warned pilots they were flying above a live-fire exercise. A Chinese Defense Ministry spokesperson said the drills were in compliance with international law and did not affect aviation safety. Vatican Pope Shows Slight Improvement The Vatican says Pope Francis has shown further slight improvement as he battles double pneumonia, but doctors still say his prognosis (預後) is still guarded (警戒著的 ). A CT chest scan taken Tuesday evening showed the “normal evolution” of an infection as it is being treated. And the Vatican's latest update says tests have confirmed an improvement. The slight kidney insufficiency detected a few days ago has receded, and Francis is continuing to receive respiratory physiotherapy. It was the first time the Vatican has said Francis was receiving physiotherapy to help him expel (排出) fluid from his lungs. Francis resumed work in the afternoon, after receiving the Eucharist in the morning. That was the I.C.R.T. EZ News, I'm _____. -- Hosting provided by SoundOn
On today's podcast: 1) Ukraine agreed with the US to jointly develop its wealth of natural resources as part of a deal that could ease tension with President Donald Trump and advance his administration’s goal of a ceasefire with Russia, people familiar with the matter said. 2) Chances for early action on Donald Trump’s tax cut plans improved as House Republicans passed a budget blueprint Tuesday calling for deep cuts in safety-net programs such as Medicaid. 3) Nvidia Corp. will deliver its highly anticipated fourth-quarter report on Wednesday, giving investors an update on AI spending at a time when the world’s biggest tech stocks have been in retreat.See omnystudio.com/listener for privacy information.
US equity markets retreated heavily on Friday The DOW down 750 Points or -1.7% amid reports of increased volatility and a potential correction sited by Goldman Sacs as being related to some 2.7 Trillion in derivatives that are set to expire. Only the consumer staples sector was positive during the session up 1% whilst Consumer discretionary was the worst sector down 2.77%. The Energy, IT and Industrials sectors all falling 2% or more.Nvidia Corp pulled back 4% and will report this week. Also of note United Health was the biggest detractor down over 7% with Amazon and Amex also negative 2.8% each. Leading performers in the 30-stock index Merck 7 co, Coca Cola and Proctor & Gamble.
Welcome to CNBC-TV18's Marketbuzz Podcast. Here are top developments from around the world ahead of the trading session of February 14 -The highlights of the Modi and Trump meeting are likely to be one of the main themes today. Following bilateral talks, India and the US have agreed on a roadmap to double trade to 500 billion dollars by 2030. The two leaders renewed commitments to making high value greenfield investments in each other's countries. Defence remains a very important area of cooperation. -Also, India and the US are to finalise a new defence framework which will be applicable from 2025 to 2035. And, US will review its arms transfer regulations in order to streamline defence trade -When asked if India has agreed to buy F-35's from America, the Foreign Secretary told CNBC-TV18 that he doesn't think the formal process with regard to acquisition of advanced aviation platforms has been initiated by India. Currently this is a proposal and there are many more steps which have to take place before any such acquisition takes place. -Gift Nifty remained flat this morning, indicating a muted opening for the Indian market. -Nagaraj Shetti of HDFC Securities said the short-term trend of the Nifty remains positive, but the market is lacking its strength to surpass immediate hurdles. A decisive move above 23,250 levels could confirm a near term bottom reversal pattern in the market. Immediate support is placed at 22,800 levels. -Stocks in focus: Hindalco, Manappuram Finance, Bank of Baroda, Nazara Technologies, Religare Enterprises, Paytm, defence, green energy stocks -Asian equities were headed for gains as markets reacted positively to signs the reciprocal US tariffs may be weeks from coming into effect, raising the prospect for negotiations. Shares in Australia and Japan and equity index futures for Hong Kong all advanced, indicating a region-wide stock gauge may climb for a third day. An index of Chinese companies that trades in the US rose more than 1% in New York trading. A measure of global stocks closed at a record high. -The S&P 500 rose 1% while the Nasdaq 100 climbed 1.4% as big tech outperformed. Tesla Inc. and Nvidia Corp each rallied over 3%, while Meta Platforms Inc. climbed for a 19th straight day. -US President Donald Trump ordered his administration to consider imposing reciprocal tariffs on numerous trading partners, singling out Japan and South Korea as nations that he believes are taking advantage of the US. Tune in to the Marketbuzz Podcast for more cues
U.S. stocks were gathering more steam Thursday after President Trump's tariff update left open key questions about when they might be applied, and which countries may be impacted. Dow rose 342.87 points or +0.77%, with NVIDIA Corp (up +2.98%) and Cisco Systems Inc (up +2.17%) both gaining over +2%. The broader S&P 500 rose +0.99%. Materials (up +1.75%) lead all 11 of the primary sectors higher, with Information Technology (up +1.39%) and Consumer Discretionary (up +1.39%) not far behind.
U.S. stocks were gathering more steam Thursday after President Trump's tariff update left open key questions about when they might be applied, and which countries may be impacted. Dow rose 342.87 points or +0.77%, with NVIDIA Corp (up +2.98%) and Cisco Systems Inc (up +2.17%) both gaining over +2%.The broader S&P 500 rose +0.99%. Materials (up +1.75%) lead all 11 of the primary sectors higher, with Information Technology (up +1.39%) and Consumer Discretionary (up +1.39%) not far behind.
Silicon Valley tech leaders have been brimming with optimism in recent years about the future of artificial intelligence — and investors have bet big on the transformational power of the technology. Then last week, China’s DeepSeek emerged as a disruptive force and the value of Nvidia Corp. fell by half a trillion dollars. More than ever, investors are wondering about whether big bets on AI will pay off in the long run.Bloomberg Economics Chief Economist Tom Orlik sees three cases for how AI could reshape the global economy, ranging from the rosy to the dystopian. On today’s Big Take podcast, he and host David Gura break them down and explore what that future may hold not just for companies and investors — but for us all.Read more: AI Has Rocked the Stock Market, But What Will It Do for the Economy?See omnystudio.com/listener for privacy information.
Your morning briefing, the business news you need in just 15 minutes.On today's podcast:(1) President Donald Trump’s renewed pledges to slap 25% tariffs on imports from Canada and Mexico on Feb. 1 jolted foreign exchange markets late in the New York trading session, sending currencies from both countries plunging against the US dollar.(2) The US Army Black Hawk helicopter that collided with a passenger jet over Washington on Wednesday evening was manned by an experienced three-person crew conducting a routine training flight over familiar territory, a service official told reporters Thursday.(3) US officials are probing whether Chinese AI startup DeepSeek bought advanced Nvidia Corp. semiconductors through third parties in Singapore, circumventing US restrictions on sales of chips used for artificial intelligence tasks, people familiar with the matter said.(4) Apple gave a reassuring revenue forecast for the current quarter, helping boost shares of the world’s most valuable company after its holiday results showed jarring declines for China and the iPhone.(5) Women trust the Bank of England less than men and feel more squeezed by cost-of-living shocks, new research shows, underlining the challenge facing the central bank to improve its public reputation.See omnystudio.com/listener for privacy information.
US equity markets weaker as investors digested the latest monetary policy pronouncements from the Federal Reserve and awaited some major technology earnings after the closing bell - Dow fell -137-points or -0.31% Nvidia Corp fell -4.10% to be the worst performer in the 30-stock index, extending its recent volatile ride as the chipmaker warned that it may not be able to meet demand for its latest graphics cards set to be released tonight AEST. Nike Inc gained +2.94% on solid volume to be the leading Dow component overnight.
US equity markets retreated and bond yields climbed following the release of economic data that raised fresh inflation concerns - Dow fell -178-points or -0.42%. Nvidia Corp dropped -6.22% after hitting an all-time high (US$153.13) in early trading after Chief Executive Officer (CEO) Jensen Huang delivered a keynote speech at the annual Consumer Electronics Show (CES) in Las Vegas and provided several noteworthy technology updates. Amazon.com Inc fell -2.42%
US equity markets advanced albeit the major indices settled well off their session highs, with chipmakers trading particularly strongly - Dow slipped -26-points or -0.06% Nvidia Corp rallied +3.43% to be the leading performer in the 30-stock index for a second straight session ahead of Chief Executive Officer (CEO) Jensen Huang delivering a keynote speech at the annual Consumer Electronics Show (CES) in Las Vegas. Chip-related stocks more broadly traded strongly after Taiwanese electronics giant Foxconn Technology Co Ltd - whose customers include Apple Inc (+0.67%) and Nvidia Corp – reported record fourth-quarter revenue (up +15% year-on-year to 2.132 trillion New Taiwan dollars or ~US$65.09B). Amazon.com Inc (+1.53%) and Microsoft Corp (+1.06%) both gained over >1%. Procter & Gamble Co (down -2.43%) was the worst performing Dow component overnight.
US equity markets retreated and bond yields climbed following the release of economic data that raised fresh inflation concerns - Dow fell -178-points or -0.42%.Nvidia Corp dropped -6.22% after hitting an all-time high (US$153.13) in early trading after Chief Executive Officer (CEO) Jensen Huang delivered a keynote speech at the annual Consumer Electronics Show (CES) in Las Vegas and provided several noteworthy technology updates.
US equity markets advanced amid light trading volume to conclude a holiday-shortened week, with the S&P 500 and Nasdaq snaping five-session losing streaks - Dow rose +340-points or +0.80%, ending a run of four consecutive session declines. Nvidia Corp rallied +4.45% to be the leading performer in the 30-stock index ahead of Chief Executive Officer (CEO) Jensen Huang delivering a keynote speech at the annual Consumer Electronics Show (CES) in Las Vegas tonight AEST which is expected to highlight how Nvidia's semiconductors are powering some of the most advanced products being shown off at the conference.
US equity markets advanced albeit the major indices settled well off their session highs, with chipmakers trading particularly strongly - Dow slipped -26-points or -0.06% Nvidia Corp rallied +3.43% to be the leading performer in the 30-stock index for a second straight session ahead of Chief Executive Officer (CEO) Jensen Huang delivering a keynote speech at the annual Consumer Electronics Show (CES) in Las Vegas. Chip-related stocks more broadly traded strongly after Taiwanese electronics giant Foxconn Technology Co Ltd - whose customers include Apple Inc (+0.67%) and Nvidia Corp – reported record fourth-quarter revenue (up +15% year-on-year to 2.132 trillion New Taiwan dollars or ~US$65.09B). Amazon.com Inc (+1.53%) and Microsoft Corp (+1.06%) both gained over >1%. Procter & Gamble Co (down -2.43%) was the worst performing Dow component overnight.
US equity markets advanced amid light trading volume to conclude a holiday-shortened week, with the S&P 500 and Nasdaq snaping five-session losing streaks - Dow rose +340-points or +0.80%, ending a run of four consecutive session declines. Nvidia Corp rallied +4.45% to be the leading performer in the 30-stock index ahead of Chief Executive Officer (CEO) Jensen Huang delivering a keynote speech at the annual Consumer Electronics Show (CES) in Las Vegas tonight AEST which is expected to highlight how Nvidia's semiconductors are powering some of the most advanced products being shown off at the conference. Microsoft Corp (up +1.14%) announced that it would spend US$80B on artificial intelligence (AI)-enabled data centres in fiscal 2025. Apple Inc (down -0.20%) retreated for a fifth straight session, on the cusp of becoming the first company ever to surpass US$4 trillion in market capitalization a week earlier. Apple has kicked off the new year by offering iPhone discounts from 4 January to 7 January in China, according to the company's website in the country.
US equity markets rebounded on Friday (20 December) following tame inflation figures, recouping some of the steep losses recorded earlier in the week after the Federal Reserve signalled a potentially smaller reduction in interest rates in 2025 than Fed officials previously projected - Dow rallied +498-points or +1.18%, with Nvidia Corp (up +3.08%) the leading performer in the 30-stock index.
US equity markets rebounded on Friday (20 December) following tame inflation figures, recouping some of the steep losses recorded earlier in the week after the Federal Reserve signalled a potentially smaller reduction in interest rates in 2025 than Fed officials previously projected - Dow rallied +498-points or +1.18%, with Nvidia Corp (up +3.08%) the leading performer in the 30-stock index.
US equity markets fell sharply after the Federal Reserve cut rates as expected but pumped the brakes on future rate cuts - Dow dropped -1,123-points or -2.58%, logging its tenth consecutive session decline. Amazon.com Inc (down -4.6%), American Express Co (-4.5%) and Goldman Sachs Group Inc (-4.25%) all fell over >4%, with all 30 index components settling in the red with the exception of Unitedhealth Group Inc (+2.92%). Nvidia Corp fell -1.14%, unwinding an earlier rally of ~4.8%% and falling deeper into official correction territory. The stock was buoyed earlier in the session by a report that gave an optimistic outlook about the chipmaker's production, especially of its Blackwell NVL / GB200 system.
US equity markets fell sharply after the Federal Reserve cut rates as expected but pumped the brakes on future rate cuts - Dow dropped -1,123-points or -2.58%, logging its tenth consecutive session decline. Amazon.com Inc (down -4.6%), American Express Co (-4.5%) and Goldman Sachs Group Inc (-4.25%) all fell over >4%, with all 30 index components settling in the red with the exception of Unitedhealth Group Inc (+2.92%). Nvidia Corp fell -1.14%, unwinding an earlier rally of ~4.8%% and falling deeper into official correction territory. The stock was buoyed earlier in the session by a report that gave an optimistic outlook about the chipmaker's production, especially of its Blackwell NVL / GB200 system.
US equity markets retreated ahead of the Federal Reserve's latest interest rate decision and updated economic projections tomorrow morning AEST (19 December) - Dow fell -268-points or -0.61%, the 30-stock index's ninth consecutive session decline and longest stretch of daily losses since 1978. Unitedhealth Group Inc (down -2.6%) was the worst performing Dow component for a second session running, while Goldman Sachs Group Inc (-1.99%) and Salesforce Inc (-1.75%) both fell over >1.5%. Nvidia Corp fell -1.22% to US$130.39 to push further into official correction territory (down -12.42% from their closing high of US$148.88 last month).
Welcome to CNBC-TV18's Marketbuzz Podcast. Here are top developments from around the world ahead of the trading session of November 22 -The Indian equity market reversed Tuesday's gains on Thursday, with the Nifty ending at a five-month low. The tone was negative from the beginning, however, buying in select heavyweights from the IT and banking sectors helped limit the decline as the day progressed. Consequently, the Nifty index traded within a range for most of the session, settling at the 23,349 level. On the sectoral front, realty and IT performed well, while energy, metals, and FMCG sectors closed in the red. -Adani Group stocks slid as a US court indicted Gautam Adani and other group executives on charges of bribery related to certain solar projects. At their lowest point, the Adani Group's cumulative market capitalisation had declined by ₹2.6 lakh crore. Shares of Adani Group companies fell between 7% and 23% today. -The foreign portfolio investors have been relentlessly selling Indian equities with nearly ₹35,000 crore outflow in November month till date, which has been among the key reasons behind the recent market downtrend. -Meanwhile, for the day, the Gift Nifty remains volatile too. It was trading at a premium of more than 100 pts from Nifty Futures Thursday close earlier in the day. However, at the time of recording the podcast it slipped to the red and was 30 points down, indicating a lower opening for the equity market. -Stocks to watch: SJVN, Afcons Infrastructure, LIC -Asian equities rose this morning following gains on Wall Street as investors shook off initial concerns over Nvidia Corp.'s revenue outlook. The dollar gained. Shares in Australia, Japan and Hong Kong rose while those in China fluctuated after an index of US-listed Chinese stocks fell 1% Thursday. -Bitcoin set a fresh high, climbing past $98,000 on bets President-elect Donald Trump's support for crypto and a looser regulatory environment will usher in a boom for the industry. -Meanwhile, geopolitical tensions continued to simmer as Russia said it had launched a new kind of ballistic missile into Ukraine, boosting oil and gold prices. West Texas Intermediate gained for a second day. Gold rose for a fifth straight session. Tune in to Marketbuzz Podcast for more cues
Welcome to CNBC-TV18's Marketbuzz Podcast. Here are top developments from around the world ahead of the trading session of November 21 -While yesterday was a stock market holiday on account of voting in Maharashtra, the Nifty50 finally broke its seven-day losing streak—the longest in over 20 months — on Tuesday. Despite a strong opening and a positive first half, a sharp sell-off in the latter half wiped out the day's earlier gains, reportedly triggered by news of Ukraine's strike inside Russia. -Today's trading session will also see whether the Nifty 50 bulls are able to defend the 23,500 mark on the downside, particularly on the Nifty expiry day. -Meanwhile, Deepak Jasani of HDFC Securities expects Nifty to form a higher low before embarking on a sustainable bounce. 23350-23815 could be the band for the Nifty over the near term, he says. Religare Broking's Ajit Mishra said the Nifty's movement reflects that bears are firmly in control, using every rebound as an opportunity to short. -This morning the GIFT Nifty was higher, trading at a premium of nearly 90 pts from Nifty futures Tuesday close, indicating a gap-up start for the Indian market. -Stock to track: UPL, Dr Reddy's, Tata Power, Garden Reach Shipbuilders & Engineers, Aditya Birla Capital, JSW Steel, Aegis Logistics, Adani Infra -Asian equities declined in early trading, reflecting a muted mood on Wall Street that was amplified by Nvidia Corp.'s lackluster revenue forecast. Shares in Japan and South Korea fell alongside Hong Kong equity futures. Contracts for US benchmarks declined Thursday in Asian trading after falling on Nvidia earnings. The chip giant met third-quarter revenue and earnings expectations, but failed to meet the highest estimates for future revenue. Shares in Australia were slightly higher. -The tepid response to Nvidia's earnings may ripple across global markets, given the size of the world's largest company by market value and its role in the artificial intelligence boom. Shares of South Korea's SK Hynix, which is a supplier of Nvidia, rose as much as 0.9% in Seoul. -Meanwhile, investors in Asia will also be looking to gauge the effect of a US indictment of Gautam Adani and other executives over the alleged payment of more than $250 million in bribes. -On the other hand, Bitcoin set another all-time high, supported by a series of developments highlighting the deepening embrace of the digital-asset industry in the US under crypto cheerleader Trump. The world's largest cryptocurrency is fast approaching $100,000, helped along by MicroStrategy Inc.'s massive purchases. -Gold was up early Thursday, notching its fourth daily advance. Oil prices also climbed after retreating Wednesday. Tune in to Marketbuzz Podcast for more cues
QUESTION PRESENTED:(1) Whether plaintiffs seeking to allege scienter under the Private Securities Litigation Reform Act based on allegations about internal company documents must plead with particularity the contents of those documents; and (2) whether plaintiffs can satisfy the Act's falsity requirement by relying on an expert opinion to substitute for particularized allegations of fact. ★ Support this podcast on Patreon ★
The US Supreme Court struggled with where to draw the appropriate lines in bread-and-butter cases involving Nvidia Corp., criminal law, and immigration deadlines. In the securities case, the court looked for what Chief Justice John Roberts called a "sweet spot" in the Nvidia investor suit alleging the chipmaker at the heart of the AI boom misled the public about its dependence on crypto-mining revenue. In the criminal case, the justices described the argument that an attempted murder-for-hire scheme isn't a crime of violence as "absurd." But they found similar irrationality in the government's argument on the other side. And finally, the justices similarly struggled over whether to give immigrants who voluntarily agree to leave the country more flexibility to appeal their deportation. Cases and Controversies hosts Kimberly Robinson and Greg Stohr breakdown the justices' concerns in the latest episode. Hosts: Kimberly Robinson and Lydia Wheeler. Producer: Mo Barrow. Do you have feedback on this episode of Cases & Controversies? Give us a call and leave a voicemail at 703-341-3690.
NVIDIA Corp. v. E. Ohman J:or Fonder AB | 11/13/24 | Docket #: 23-970
米半導体大手エヌビディアのジェンスン・フアン最高経営責任者との対談に臨むソフトバンクグループの孫正義会長兼社長、13日午前、東京都港区米半導体大手エヌビディアのジェンスン・フアン最高経営責任者が13日、東京都内で講演し、生成AIの普及を目指して通信大手ソフトバンクなど日本企業と幅広く連携する考えを表明した。 Nvidia Corp. CEO Jensen Huang said Wednesday that Japan should be "world-leading" in the spread of artificial intelligence in society, noting its people's love for robots and the strong manufacturing sector.
Each month, a panel of constitutional experts convenes to discuss the Court’s upcoming docket sitting by sitting. The cases covered in this preview are listed below.Wisconsin Bell v. U.S., (November 4) - Telecommunications; Whether reimbursement requests submitted to the Federal Communications Commission's E-rate program are “claims” under the False Claims Act.Advocate Christ Medical Center v. Becerra, (November 5) - Medicare; Whether the phrase “entitled ... to benefits,” used twice in the same sentence of the Medicare Act, means the same thing for Medicare part A and Supplemental Social Security benefits, such that it includes all who meet basic program eligibility criteria, whether or not benefits are actually received.E.M.D. Sales v. Carrera, (November 5) - Labor & Employment; Whether the burden of proof that employers must satisfy to demonstrate the applicability of a Fair Labor Standards Act exemption is a mere preponderance of the evidence or clear and convincing evidence.Facebook v. Amalgamated Bank, (November 6) - Corporations; Whether risk disclosures are false or misleading when they do not disclose that a risk has materialized in the past, even if that past event presents no known risk of ongoing or future business harm.Velazquez v. Garland, (November 12) - International and National Security; Whether, when a noncitizen's voluntary-departure period ends on a weekend or public holiday, a motion to reopen filed the next business day is sufficient to avoid the penalties for failure to depart under 8 U.S.C. § 1229c(d)(1).Delligatti v. U.S., (November 12) - Criminal Law & Procedure; Issue(s): Whether a crime that requires proof of bodily injury or death, but can be committed by failing to take action, has as an element the use, attempted use, or threatened use of physical force.NVIDIA Corp. v. E. Ohman J:or Fonder AB, (November 13) - Securities; (1) Whether plaintiffs seeking to allege scienter under the Private Securities Litigation Reform Act based on allegations about internal company documents must plead with particularity the contents of those documents; and (2) whether plaintiffs can satisfy the Act's falsity requirement by relying on an expert opinion to substitute for particularized allegations of fact.Featuring:Tyler S. Badgley, Senior Counsel, U.S. Chamber Litigation CenterKaren Harned, President, Harned Strategies LLCRobert S. Peck, President, Center for Constitutional LitigationCollin White, Of Counsel, Kellogg Hansen(Moderator) Sarah Child, Attorney, Jackson Lewis
Welcome to CNBC-TV18's Marketbuzz Podcast. Here are top developments from around the world ahead of the trading session of October 22 -A rebound from lows for the Nifty 50 was short-lived on Monday as despite the best efforts from HDFC Bank and Reliance Industries, the index ended in the red, without any follow-up buying. For the 93 points contributed by the Nifty heavyweights to the upside, there was a team of Kotak Mahindra Bank, Infosys, IndusInd Bank, ICICI Bank and Tata Consumer Products to offset those gains. -Today, shares of Bajaj Housing Finance, 360 One WAM, City Union Bank, HFCL, Jana Small Finance Bank, Mahindra Logistics, Union Bank of India are some of the broader market names that will react to results. -Earnings: Bajaj Finance, Adani Energy Solutions, Adani Green, Amber Enterprises, Can Fin Homes, Chennai Petro, ICICI Prudential, Indus Towers, IIFL Securities, M&M financial, ICICI Securities, Persistent Systems, Coforge, Shoppers Stop, SRF, Varun Beverages, Zensar Technologies, Olectra Greentech, Zomato -GIFT Nifty was trading flat this morning vs Nifty Futures' Monday's close, indicating a muted-to-positive start for Indian market -Other stocks to track: Tata Motors, RVNL -Hyundai Motor India IPO lists today. Its grey market premium has declined to 2%, with shares now trading at a premium of Rs 48 as against the issue price of Rs 1,960. The IPO of Hyundai Motor India, the Indian arm of South Korean automaker Hyundai, got subscribed 2.37 times on the third day of the bidding last week, helped by institutional buyers. This is the largest IPO in the country, surpassing LIC's initial share sale of Rs 21,000 crore. -Asian equities declined for a second day as Wall Street stocks took a breather after notching their longest weekly rally this year. Bonds tumbled on cooling expectations of Federal Reserve rate cuts. Shares in Australia, Japan, and South Korea all fell, while futures for benchmarks in Hong Kong pointed to losses. That's after equities in the US dropped from nearly overbought levels, following a relentless advance to all-time highs. -Overnight in the US, the S&P 500 fell 0.2% with all of its major groups but technology pushing lower. The Dow Jones Industrial Average slid 0.8%. Nvidia Corp. hit a record high, with the Nasdaq 100 up 0.2% -Oil prices fell this morning, paring the previous day's nearly 2% rise as the top U.S. diplomat renewed efforts to push for a ceasefire in the Middle East, and as slow demand in China, the world's top oil importer, continued to weigh on the market. Brent crude futures for December delivery were down 26 cents, or 0.3%, at $74.03 a barrel. Tune in to Marketbuzz Podcast for more cues
Bulls remain in charge Data not important - down the road all will be fine Seasonality - Race to the End CPI and PPI - conflicting PLUS we are now on Spotify and Amazon Music/Podcasts! Click HERE for Show Notes and Links DHUnplugged is now streaming live - with listener chat. Click on link on the right sidebar. Love the Show? Then how about a Donation? Follow John C. Dvorak on Twitter Follow Andrew Horowitz on Twitter DONATIONS ? This week on TDI Podcast - Patrick O'Hare from Briefing.com Warm-Up - Bulls remain in charge - Data not important - down the road all will be fine - Seasonality - Race to the End - Check the Podcast Cover Design - trying to do all from AI generation through end of year. - Musk pulls a fast one Markets - CPI and PPI - conflicting - Bank earnings - so far so good - Fed allowing people to look past negatives - rather to opportunities ahead - US Chips and Exports - roughed up market Economics This Week - Import and Export Prices - Retail Sales - Philly Fed - Industrial Production - Housing Starts - Building Permits Of Interest: NY Fed says median inflation expectations remained unchanged at 3.0% at the one-year horizon, increased to 2.7% from 2.5% at the three-year horizon, and increased to 2.9% from 2.8% at the five-year horizon. - So inflation is a bit more sticky than Recession - No Says Goldman - Goldman lowers recession odds to just 15% Seasonality - The Race until the end - Sell Rosh Hashana and Buy Yom Kippur - so far so good - working just as planned. Almost... - End of year from here favors the bulls - Could have a few complications with the election right in between but electoral promises will be helpful for markets Markets Worried? - Biden administration officials have discussed capping sales of advanced AI chips from Nvidia Corp. and other American companies on a country-specific basis - NVDA, INTC, AMD in the crosshairs for Middle East - Officials are focused on Persian Gulf countries that have a growing appetite for AI data centers and the deep pockets to fund them - The new approach would set a ceiling on export licenses for certain countries in the interest of national security - ASML earnings miss (Stock dropped 16%) is a drag on chip/semiconductor sector Fed Powers - Former President Trump on Bloomberg interview says Fed Chair Jerome Powell dropped rates too much in 2020; says a president should be able to give his or her opinion to Fed on interest rates, but he or she shouldn't be allowed to order it ELON - Pulling a fast one - Tesla had its Optimus robots controlled by remote at CyberCab event, according to Bloomberg - Also, reports that driver-less cars controlled by remote drivers in India (or somewhere) - Isn't that fraud? Example of promises hitting the wires - Former President Trump will propose today making all interest on car loans fully tax deductible, according to Reuters - Former President Trump will also propose a 15% corporate tax rate only for companies that produce products in America - Former President Trump will also propose banning all Chinese autonomous vehicles from traveling on US roads (Special gift for Elon) Consumer Confidence - Last Friday - confidence showed people less confident - Inflation expectations lower, but dropped 2 points from last month JPM Earnings - JPMorgan Chase & Co. reported a surprise gain in net interest income for the third quarter and raised its forecast for the key revenue source, even amid expectations that US interest rates will continue to fall. - Revenue from the bank's Wall Street operations also defied analysts' estimates, with investment-banking fees surging 31%, topping estimates for a 16% gain. Equity traders notched a 27% revenue increase. - Official: JPMorgan Chase reported strong third-quarter earnings, with earnings per share (EPS) of $4.50, beating estimates.
Good afternoon, I'm _____ with today's episode of EZ News. Tai-Ex opening The Tai-Ex opened down 301-points this morning from yesterday's close, at 22,991 on turnover of $7-billion N-T. Shares in Taiwan surged more than 300 points Tuesday, with buying sparked by a rally on U.S. markets overnight. The bellwether electronics sector led the gains with artificial intelligence related stocks in focus. Investors took their cue from robust AI chip designer Nvidia Corp. Monday to pick up large cap stocks, including contract chipmaker TSMC, to vault the main board over the 23,200 point mark. Taiwan's food self-sufficiency rate drops to 30.3% Taiwan's food self-sufficiency rate in 2023 dropped to 30.3 percent… that's the lowest figure in 18 years. The Ministry of Agriculture's latest Food Supply & Utilization (使用率) Annual Report represents a drop from 30.8 percent in 2022 and 33 percent in 2013. Its lowest recorded rate was at 30.2 percent rate in 2005. The MOA pointed to a decrease in the domestic production of rice, which is the largest single source of calories in Taiwan…. and THAT was partly caused by a drought which took place in 2023. The MOA also reported a drop in the amount of meat raised domestically in Taiwan. That decline was driven by factors that included avian flu and the modernization of pork-rearing facilities, which reduced production and led to a greater reliance on imports. UK Sanctions “Extremist Israeli Settlers” The UK has announced new sanctions targeting "extremist Israeli settlers". The sanctions also target (把……作為目標) organisations the UK government says have supported violence against Palestinians in the occupied West Bank. Simon Gaitan reports. UN Warning on Natural Disasters in Asia Pacific A U.N. official says disasters, including those wrought by fiercer storms, are threatening more people and could derail economic progress in the Asia Pacific region. U.N. Assistant Secretary-General Kamal Kishore, who heads the U.N. Office for Disaster Risk Reduction, issued the warning Tuesday in a speech at the start of a regional ministerial conference on disaster mitigation hosted by the Philippines, one of the world's most disaster-prone countries. He said “disasters are now affecting record numbers of people and threatening their lives and livelihoods.” He added that if left unchecked (未被制止的), these disasters could endanger the development of the region. Kishore said Asia Pacific countries should regularly dedicate funds in their national budgets for the reduction of disaster risk, and should allocate a larger proportion of foreign development aid to disaster prevention and “not simply response.” Egypt Museum Opening for Trial Run The long-delayed Grand Egyptian Museum will partially open its main galleries today, showcasing 12 halls that exhibit aspects of ancient Egypt. More than 100-thousand of Egypt's ancient treasures will be displayed in the world's largest archaeological museum. It is near the Giza Pyramids and will open the halls for 4,000 visitors a day as a trial run until the official opening date, which is yet to be announced. The museum has been under construction for more than a decade and has cost well over $1 billion so far. Its opening has been repeatedly delayed for various (各種各樣的) reasons, including the COVID-19 pandemic. That was the I.C.R.T. EZ News, I'm _____. ----以下訊息由 SoundOn 動態廣告贊助商提供---- 2024年必喝!熱銷千萬瓶,茶裏王邀您一起品好茶! ⭐茶裏王四季春茶 100%台灣茶葉沖泡,無糖無香料,回甘更清爽! ⭐茶裏王伯爵紅茶 經典柑橘清香,不加糖,也能不苦澀! 100%茶葉沖泡的好茶,釋放甘甜茶香~ 忙碌中喝口茶裏王,讓自己回甘放鬆一下! → https://bit.ly/3Ywbu2O
-Welcome to CNBC-TV18's Marketbuzz Podcast. Here are the top developments from around the world ahead of the trading session on October 10 -Ratan Tata, the former chairman of the diversified Tata Group and a towering figure in Indian business, passed away at the age of 86 last night. He has left behind a profound legacy of business leadership, global expansion, and a deep commitment to societal betterment, having reportedly donated 60–65% of his income to charitable causes. The state of Maharashtra has announced one day of state mourning. -The Nifty needed follow-up buying post Tuesday's rebound to confirm that a bottom has indeed been made for now. However, that was not to be. For a better part of Wednesday's trading session, the Nifty continued to move higher, carrying on from where it left off on Tuesday, but a swift reversal in the second half not only took the Nifty down from the day's high, but also end the session on a negative note. Reliance Industries and HDFC Bank have been leading the recent sell-off on the index as well. Adding to their underperformance was a sell-off in index FMCG names. ITC, Nestle India, Britannia, most of these names saw selling pressure over worries of them reporting weak results. -Thursday will be a very important trading session for the markets. Nifty will have its weekly options expiry, earnings season begins with TCS reporting results, the US will report its CPI figures for the month of September and other broader market names like Tata Elxsi and IREDA will also be reporting results. -Stocks to watch: Adani Enterprises, Vedanta, Infosys, Patanjali Foods, Britannia, JM Financial, PNC Infratech, Rain Industries, GR Infra, Star Health Insurance, Zee Entertainment -Asian equities rose Thursday after their US peers set a fresh high ahead of inflation data that may define Federal Reserve policy easing in the coming months. Shares in Japan, South Korea, Australia and China all advanced. -Back in the US, the S&P 500 rose 0.7% to a record high on Wednesday, its 44th of the year, with tech shares again propelling the gains. Apple Inc. climbed 1.7%. Nvidia Corp. halted a five-day rally while Tesla Inc. edged lower ahead of the Robotaxi launch. Alphabet Inc. fell 1.5% on news the US is weighing a Google breakup in a historic big-tech antitrust case. -US consumer price data to be released later Thursday is expected to show inflation further moderating, supporting the Fed's anticipated easing in the coming months. Despite this, market pricing indicates the likelihood of another 50 basis point rate cut is all but off the table following last week's strong jobs report. -Oil prices rose in early Asian trade on concerns about potential supply disruptions in the Middle East, with Israel planning to strike oil-producer Iran, and on spikes in fuel demand as a major storm barreled into Florida Brent crude futures were close to $77 a barrel. -GIFT Nifty was trading with a premium of more than 100 points from Nifty Futures' Wednesday close, indicating a gap-up start for the Indian market. Tune in to the podcast for more cues
Hon Hai Chairman Liu Young-Way discusses plans to boost server capacity to meet stronger-than-anticipated demand for Nvidia Corp. chips used to develop AI, reflecting its expectations that spending on artificial intelligence will stay high. Young-Way spoke with Bloomberg's Annabelle Droulers at Foxconn Tech Day. See omnystudio.com/listener for privacy information.
【ベルリン時事】日立製作所の鉄道事業子会社、日立レールは24日、米半導体大手エヌビディアの人工知能技術を活用した鉄道インフラの予防保全サービスを発表した。 Hitachi Rail Ltd., a London-headquartered subsidiary of Japan's Hitachi Ltd., said Tuesday that it will launch a railway maintenance service utilizing U.S. semiconductor giant Nvidia Corp.'s artificial intelligence technology
The next podcast – after this one – is August 23rd. This episode covers great high-yielding ESG stocks and funds related to renewable energy, plus… By Ron Robins, MBA Hello, Ron Robins here. Just a quick note before I start. I'm taking some time off so my next podcast – after this one – will be on August 23rd. So, welcome to this podcast episode 135 titled “Great High-Yielding ESG Stocks, Plus…” It's presented by Investing for the Soul. Investingforthesoul.com is your site for vital global ethical and sustainable investing mentoring, news, commentary, information, and resources. Remember that you can find a full transcript and links to content – including stock symbols and bonus material – on this episode's podcast page at investingforthesoul.com/podcasts. Also, a reminder. I do not evaluate any of the stocks or funds mentioned in these podcasts, nor do I receive any compensation from anyone covered in these podcasts. Furthermore, I will reveal to you any personal investments I have in the investments mentioned herein. Additionally, quotes about individual companies are brief. Please go to this podcast's webpage for links to the actual articles for more company and stock information. Also, some companies might be covered more than once and there are also 2 article links below that time didn't allow me to review them here. ------------------------------------------------------------- 5 High-Yielding Global Renewable Energy Stocks Besides capital gains, many of you also want income from your ethical investments. So, this article should interest you. It's titled 5 High-Yielding Global Renewable Energy Stocks and it's by Quinn Rennell and published on morningstar.com. Here are some points from the article. However, much more information is quoted on this episode's webpage. Quote. “For this article, we looked at the Morningstar Global Markets Renewable Energy Index… We screened for stocks covered by Morningstar analysts and then sorted them by forward dividend yield to find the five with the highest payouts. All these stocks are undervalued, carrying Morningstar Ratings of 4 or 5 stars. Top-Yielding Global Renewable Energy Stocks Data as of 7/12/2024. Here's a closer look at the five stocks: 1. Proximus PROX Fair Value Estimate: EUR 10.50 Price/Fair Value: 0.73 Morningstar Uncertainty Rating: Medium Economic Moat: Narrow With a forward dividend yield of 18.23%, this Belgian telecom operator tops our list. Proximus' stock is down 1.53% this year. Over the last 12 months, it is up 21.14%. 2. Vodafone Group VOD Fair Value Estimate: GBP 1.25 Price/Fair Value: 0.57 Morningstar Uncertainty Rating: Medium Economic Moat: None European telecom giant Vodafone has the second-highest forward dividend yield in the index, at 10.76%. Vodafone's stock is up 9.47% in the year to date and 11.16% in the last 12 months.” 3. Engie ENGI Fair Value Estimate: EUR 18.00 Price/Fair Value: 0.79 Morningstar Uncertainty Rating: Medium Economic Moat: None Engie is a global energy firm that operates Europe's largest gas pipeline network in France and a global fleet of conventional and renewable power plants. The stock yields 10.1%. The shares are down 2.06% in the year to date but up 4.50% over the last 12 months. 4. Volkswagen VOW3 Fair Value Estimate: EUR 352.00 Price/Fair Value: 0.3 Morningstar Uncertainty Rating: High Economic Moat: None German auto giant Volkswagen has a forward dividend yield of 8.46%. Its stock has risen 3.94% in the year to date. Over the last 12 months, its stock has fallen 5.32%.” 5. Mercedes-Benz Group MBG Fair Value Estimate: EUR 117.00 Price/Fair Value: 0.55 Morningstar Uncertainty Rating: High Economic Moat: Narrow Rounding out our list is another German auto giant, Mercedes-Benz, with a forward yield of 8.28%. Its stock is up 10.79% so far this year. Over the last 12 months, its stock is down 4.26%.” End quotes. ------------------------------------------------------------- 3 Sustainable Investing ETFs for Eco-Conscious Investors This next article will likely interest most investors. It's titled 3 Sustainable Investing ETFs for Eco-Conscious Investors and it's by Shweta Kumari. It was seen on stocknews.com. Here are some quotes. “1. American Century Sustainable Growth ETF (ESGY - Get Rating) This fund targets the U.S. public equity markets, focusing on companies across various sectors, including growth and value stocks of large-cap companies, specifically those within the market capitalization range of the Russell 1000 Growth Index. American Century Sustainable Growth ETF emphasizes investing in socially conscious businesses that actively promote environmental responsibility. The fund has $19.70 million in assets under management (AUM)… American Century Sustainable Growth ETF has an expense ratio of 0.39%, compared to the category average of 0.37%... The fund pays an annual dividend of $0.16, translating to a 0.28% yield at the prevailing price level… The ETF's overall A rating equates to a Strong Buy in our proprietary rating system… 2. Nuveen Winslow Large-Cap Growth ESG ETF (NWLG - Get Rating) The fund invests at least 80% of its net assets in equity securities of U.S. companies with market capitalizations exceeding $4 billion at the time of purchase. It focuses on companies that exhibit sustainable environmental, social, and governance (ESG) characteristics… The fund has an expense ratio of 0.65%... Nuveen Winslow Large-Cap Growth ESG ETF has gained 34.7% over the past year and 20.9% over the past six months… It has an overall rating of B, which equates to Buy in our proprietary rating system. 3. Ishares ESG Aware MSCI USA Growth ETF (EGUS - Get Rating) It invests in growth stocks of socially conscious companies promoting environmental responsibility and aims to track an index of U.S. large- and mid-cap equities with positive ESG characteristics… The ETF's expense ratio is 0.18%... The fund pays an annual dividend of $0.11, which translates to a 0.27% yield at the current price level… Ishares ESG Aware MSCI USA Growth ETF has gained 34.9% over the past nine months and 30.9% over the past year… The fund has an overall rating of A, which translates to a Strong Buy in our proprietary rating system.” End quotes ------------------------------------------------------------- 7 Best Green Mutual Funds to Fight Climate Change This next article features some green US mutual funds. It's titled 7 Best Green Mutual Funds to Fight Climate Change and is by Jeff Reeves and reviewed by John Divine. It's found on money.usnews.com. Here are some brief highlights on each of the picks from the article. “1. Parnassus Core Equity Fund (PRBLX) Assets under management: $30.1 billion Expense ratio: 0.82% Minimum investment: $2,000 The Parnassus Core Equity Fund is the leader among green mutual funds when it comes to assets under management. That said, it's not perfect or particularly flashy. It… is designed to be a core large-cap fund as much as a green mutual fund. That said, investment manager Parnassus has made a name for itself by linking traditional fundamental analysis with an overlay of environmental, social and governance (ESG) factors… Parnassus Core Equity Fund is well established with the largest asset tally of this group, making it a logical starting place for many investors. 2. Calvert Equity Fund (CSIEX) Assets under management: $6.8 billion Expense ratio: 0.91% Minimum investment: $1,000 Calvert is an investment adviser that prioritizes ESG in its approach, with a 40-year track record of ‘responsible' investing that takes into account sustainability and environmental factors, among other criteria… The fund is not designed to hold solar stocks or wind turbine manufacturers but rather large-cap domestic stocks that rank highly for their internal programs such as purchasing carbon offsets or building LEED-certified headquarters. Still, if you want to look beyond conventional index funds, then [this fund] is a good green mutual fund to consider. 3. Putnam Sustainable Leaders Fund (PNOPX) Assets under management: $6.6 billion Expense ratio: 0.92% Minimum investment: None This Putnam offering is another of the largest and most respected sustainable investing options out there. It's also a focused… as it ‘invests in companies that have demonstrated leadership in key sustainability issues that are financially material to their business context,' according to official documentation from its manager Franklin Templeton. One notable downside that investors should consider before buying in: There are some high front-end costs associated with [the fund], which has a maximum initial charge of 5.75%. 4. Amana Growth Fund (AMAGX) Assets under management: $2.8 billion Expense ratio: 0.91% Minimum investment: $100 Very accessible with just a $100 minimum investment, this Amana Growth fund from Saturna Capital is incredibly unique in that it bills itself as ‘halal' – or fitting the religious requirements of Islam… That means you won't find businesses that focus on alcohol, pornography or gambling. And interestingly enough, you won't find a penny in finance because strict Islamic law prohibits demanding interest on loans. 5. Fidelity U.S. Sustainability Index Fund (FITLX) Assets under management: $4.2 billion Expense ratio: 0.11% Minimum investment: None A cost-effective option, Fidelity U.S. Sustainability Index Fund… is a sustainability-focused mutual fund that charges just a fraction of what the other funds on this list charge. It is also the most wide-ranging of the green mutual funds so far, with 285 total stocks in its portfolio. That doesn't mean it's all that more diversified, however, as it is weighted by size – so mega-cap stocks like Microsoft (MSFT) and Nvidia Corp. (NVDA) dominate the portfolio. 6. Calvert Small-Cap Fund (CCVAX) Assets under management: $2.9 billion Expense ratio: 1.19% Minimum investment: $1,000 Calvert Small-Cap Fund is definitely the most expensive fund on this list from an annual fee perspective. That's in part because mutual funds generally have higher costs than their exchange-traded cousins, but it's also because this is a boutique offering with an active approach. 7. Parnassus Mid Cap Fund (PARMX) Assets under management: $3 billion Expense ratio: 0.96% Minimum investment: $2,000 With a focus on mid-sized corporations and an average market value of about $30 billion, this investment vehicle offers a way to invest sustainably in established firms but not necessarily duplicate positions you might own in a traditional large-cap fund. End quotes. ------------------------------------------------------------- 3 Renewable Energy Stocks to Buy at 52-Week Lows in July As we know renewable energy stocks are frequently having a rough time this year. However, buying low and selling high is generally the best approach when buying investments. So, for those of you who favor this approach and are interested in renewable energy stocks, this article is for you. It's titled 3 Renewable Energy Stocks to Buy at 52-Week Lows in July by InvestorPlace and seen on markets.businessinsider.com. Here are some quotes. “While buying stocks that are at their 52-week lows is risky, on the other hand, it could present a massive upside opportunity. Thus, it is important for investors to understand exactly why the stock is down before jumping into buying. For investors looking for cheap green energy, below are the three best renewable energy stocks to buy at an all-time low in July. 1. Plug Power (NASDAQ:PLUG) specializes in hydrogen fuel systems which are used to replace traditional batteries powered by electricity… Currently, its stock price is almost at an all time low – it dipped to $3.07 per share compared to $12.76 per share just a year ago… The company recently finished deploying 13 hydrogen refueling stations (HRS) in Europe, making Plug Power the largest owner of hydrogen refueling stations with over 250 stations globally. 2. Array Technologies (NASDAQ: ARRY) The stock is down -41.14% year to date… As the largest solar tracker company globally, Array Technologies offers various services including the DuraTrack system, which is a single-axis tracker technology that helps maximize PV panel energy production. Recently, Citigroup upgraded the average one-year price target for Array Technologies to $19.52 per share… 3. Shoals (NASDAQ:SHLS) is the largest provider of electrical balance of systems (EBOS) solutions for utility-scale solar… Even though Shoals stock is down more than 70% year over year as of writing, Shoals has reasons to make investors feel confident about buying [it].” End quotes. ------------------------------------------------------------- Other Honorable Mentions – not in any order. 1) Title: 5 Alternative Energy Stocks to Buy Amid Solid Industry Rally on finance.yahoo.com. By Nalak Das. 2) Title: Top 20 Halal Stocks to Invest In on discoveroptions.com. By Gloria. ------------------------------------------------------------- Ending Comment Well, these are my top news stories with their stock and fund tips for this podcast titled: “Great High-Yielding ESG Stocks, Plus…” Now please click the like and subscribe buttons on Apple Podcasts, Google Podcasts, or wherever you download or listen to this podcast. That helps bring these podcasts to others like you. And please click the share buttons to share this podcast with your friends and family. Let's promote ethical and sustainable investing as a force for hope and prosperity in these very troubled times! Contact me if you have any questions. Thank you for listening. Now I'm taking some time off so my next podcast will be August 23rd. I'll talk to you then! Bye for now. © 2024 Ron Robins, Investing for the Soul
Nvidia Corp., the chipmaker at the center of an artificial intelligence boom, gave another bullish sales forecast, showing that spending on AI computing remains strong. For instant reaction and analysis, host Carol Massar and Tim Stenovec speak with Bloomberg Intelligence senior semiconductor analyst Kunjan Sobhani and Dan Morgan, senior portfolio manager at Synovus Trust.See omnystudio.com/listener for privacy information.
Nvidia Corp., the chipmaker at the center of an artificial intelligence boom, gave another bullish sales forecast, showing that spending on AI computing remains strong. For instant reaction and analysis, host Carol Massar and Tim Stenovec speak with Bloomberg Intelligence senior semiconductor analyst Kunjan Sobhani and Dan Morgan, senior portfolio manager at Synovus Trust.See omnystudio.com/listener for privacy information.
Markets having a tough time and a big week of data is coming. Got the 5% correction - is there more? M&A - Another deal dies PLUS we are now on Spotify and Amazon Music/Podcasts! Click HERE for Show Notes and Links DHUnplugged is now streaming live - with listener chat. Click on link on the right sidebar. Love the Show? Then how about a Donation? Follow John C. Dvorak on Twitter Follow Andrew Horowitz on Twitter DONATE - Show 700 Campaign Warm Up - Markets having a tough time - Happy Passover! - SHOW 700 coming up! - Happy belated 420 Day to our fine smoky listeners - Jumping to Conclusions - We have a limerick! Market Update - Big week(s) coming for economics - Got the 5% correction - is there more? - M&A - Another deal dies - Earnings - Tech on deck - Historic Treasury Auction this week - need to pay the bills since tax receipts not doing it and lots of debt outstanding Who Would think??? - UK - FTSE 100 at all-time high! Recap: - Microsoft Corp., Meta Platforms Inc., Google parent Alphabet Inc. and Tesla Inc., all of which are among the so-called Magnificent Seven group of tech giants, will report THIS WEEK week. - Technology stocks are selling off, with the Nasdaq 100 Index registering its biggest weekly drop since November 2022 in the midst of a four-week losing streak, its longest since December 2022. - Even AI darling Nvidia Corp. is getting hit, plunging 10% on Friday and wiping out $212 billion in market value for its worst day since the Covid pandemic in March 2020. MAG7 Profit Outlook - But hope is on the horizon. Profits for the Mag Seven — which also includes Apple Inc., Amazon.com Inc. and Nvidia — are forecast to rise 38% in the first quarter from a year ago, dwarfing the overall S&P 500's 2.4% anticipated year-over-year earnings growth, according to Bloomberg Intelligence data. - Around 178 S&P 500 companies — representing more than 40% of the index's market capitalization — will post results next week. But the biggest expectations are for megacap tech firms. = = Nvidia, which Goldman Sachs Group Inc.'s trading desk dubbed “the most important stock on planet Earth,” doesn't report its earnings for another month. Tesla - Stock down a lot - DOWN 43% YTD - Down 65% from high set November 2021 - Tesla is recalling nearly 3,900 of its Cybertrucks due to an issue with the vehicle's accelerator pedal. - The recall, announced Wednesday, was prompted by accelerator pedal pads in the trucks that "may dislodge and cause the pedal to become trapped by the interior trim," - All of the 3,878 of the 2024 Cybertrucks that Tesla built between Nov. 13 and April 4 are subject to the recall, the electric vehicle maker's safety recall report said. - And then: Tesla on Saturday slashed the price of its Full Self-Driving (FSD) driver assistant software to $8,000 from $12,000 in the United States, as CEO Elon Musk reaffirms his commitment to self-driving technology. - Musk is betting the technology will become a major source of revenue for the world's most valuable automaker. But he has for years failed to achieve the goal of self-driving capability, with the technology under growing regulatory and legal scrutiny. ----- Could be a short squeeze setting up for earnings (Tonight) - READ MORE>>>>> Tesla Earnings - Tesla misses by $0.04, misses on revs, gross margin down 199 bps yr/yr, reiterates that in 2024, vehicle volume may be notably lower than the growth rate achieved in 2023 - Total GAAP gross margin of 17.4%, down 199 bps yr/yr. - Operating expenses up 37% yr/yr to $2.53 bln. - Total Deliveries down 9% to 386,810. - Outlook: Co states, "Our company is currently between two major growth waves: the first one began with the global expansion of the Model 3/Y platform and we believe the next one will be initiated by advances in autonomy and introduction of new products, including those built on our next generation vehicle platform.
TECH on fire - Bulls overjoyed! Hedge Funds - Making some moves - Surprising Year of Pharma? To The Moon - Crypto Style Valuations getting frothy? PLUS we are now on Spotify and Amazon Music/Podcasts! Click HERE for Show Notes and Links DHUnplugged is now streaming live - with listener chat. Click on link on the right sidebar. Love the Show? Then how about a Donation? Follow John C. Dvorak on Twitter Follow Andrew Horowitz on Twitter Warm Up - Pays to Follow Pelosi! - Landing on the Moon - then falling over - Japan - something not kosher - New See-through laptop screens Market Update - TECH on fire - Bulls overjoyed! - Hedge Funds - Making some moves - Surprising - Year of Pharma? - To The Moon - Crypto Style - Valuations getting frothy Froth-a-Bubble- Icous? - There is some concern at Apollo regarding a bubble in S&P 500 - The top 10 companies in the S&P 500 today are more overvalued than the top 10 companies were during the tech bubble in the mid-1990s, see chart below. - Different makeup back in 1999 - but still of interest asa the S&P500 reaches levels (P/E) at the high end of the ranges. - SEE LINK Smart Money? - Hedge funds piled into tech stocks in the weeks before Nvidia Corp. earnings. Now, they're cashing out and selling at the fastest pace in seven months. - Professional managers offloaded their positions for four straight sessions last week, including Thursday, the day after Nvidia posted results, according to data from Goldman Sachs Group Inc.'s prime-brokerage unit. The intensity of the selling ranks in the 98th - he data suggests traders are booking profits on their tech wagers after a six-week buying streak and putting that extra cash into less volatile stocks, such as consumer staples. - SEE LINK Nancy! - NEWS MONDAY: PANW - Palo Alto Networks shares higher by 9% after Rep. Nancy Pelosi reported Friday afternoon the purchase of 70 call options (purchases made 2/12 and 2/21) - Stock moved down 27% after earnings last week - In fairness, the purchases on 2/12 are very underwater - AH picked this for the game right after post-earnings slump Earnings - Zoom - Zoom shares rose as much as 13% in extended trading on Monday after the video chat software vendor announced fiscal fourth-quarter results that topped analysts' expectations. - Here's how the company did, compared with consensus among analysts polled by LSEG: - -- - Earnings per share: $1.22, adjusted vs. $1.15 expected - - - -Revenue: $1.15 billion vs. $1.13 billion expected Disney -Walt Disneyshareholder Blackwells Capital is calling for it to come up with an artificial intelligence (AI) strategy, saying that this could lift the U.S. media and entertainment conglomerate's stock price by as much as 129%. Blackwells is one of two activist investors pushing for board seats What Goes Up... - Intuitive Machines Inc. shares sink Monday, after the spacecraft company said its lander, which successfully touched down on the moon last week, likely landed on its side. - The landing was touted as the first by a private-sector company to reach the moon intact, as well as the first US spacecraft to reach the moon's surface since 1972. - In a Monday update, the company wrote that “flight controllers intend to collect data until the lander's solar panels are no longer exposed to light,” and that “based on Earth and Moon positioning, we believe flight controllers will continue to communicate with Odysseus until Tuesday morning.” - Stock down 33% on this news Japan - Markets at new highs - Yen weak weak weak - Government keeps ultra-loose monetary policy - Recession official - Something is not right over there More Japan - Federal prosecutors in New York on Wednesday said they had charged a Japanese Yakuza leader with conspiring to traffic nuclear materials from Burma to other countries. - Prosecutors said the accused gangster Takeshi Ebisawa "and his confederates showed sa...