Nvidia $NVDA shares now trading at around 33x expected earnings over the next 12 months, according to Refinitiv data - that forward PE compares to over 46 a week ago, and it is now at its lowest since December 2022 - @reuters@randewich#stocks#chips#semiconductors
"The terms 'AI' or 'artificial intelligence' have been uttered 827 times on 76 calls out of a total of 221 calls held in recent weeks...That equates to 3.7 mentions per call, more than double the 1.8 mentions per call at the same time last quarter."
@randewich
Apple's results send shares surging to nine-month high https://t.co/uyoxmStXlM "Apple soothed the market because of its consistency of execution. Tim Cook has a steady hand on the helm," said Jake Dollarhide, chief executive officer of Longbow Asset Management in Tulsa, Oklahoma.
For Americans to understand what happened tonight in Mexico ...
Through most of the 20th century, Mexican elections were run by officials answerable to the Mexican president. The president told the officials the result he wanted. They delivered it. 1/x
S&P 500 trading in 2023's first session. Apple gets whacked below $2 trillion market cap, Tesla slumps 12%, Amazon and Meta shows signs of strength. $SPY $TSLA $AMZN $AAPL $META
Netflix $NFLX results on tap after the bell, and the stock is one of the poorest performers today as Wall Street rallies. Analysts on average expect slowest yr/yr rev growth ever. $SPY @SavyataMishra
https://t.co/FPiihFNz0u
@srussolillo@JoannaStern@AlyssaLukpat Nice. That's almost an 8,000% return vs around half that if the owner had bought $AAPL instead of the phone when the iPhone launched.
Nancy Pelosi's husband sold call options in chipmakers Micron Technology $MU and Nvidia $NVDA for a loss of under $1 million, according to a filing. He also let Disney $DIS options expire, and exercised Alphabet $GOOG options.
https://t.co/CVghabnI95
Bright green across the board on Monday, with Tesla $TSLA rebounding hard after dropping on Friday to its lowest since June '21. $TSLA accounts for 11% of all S&P 500 turnover. $SPY
While Elon Musk may be worried about the economy, job openings on Tesla's $TSLA website suggest the world's most valuable car maker is hiring employees at a quick pace, in nearly every category of job.
@ReutersBiz
Advanced Micro and $NVDA among the most traded in Wall St's selloff today. $AMD at its lowest since July 2020 and shaking other PC chipmakers after warning of a massive revenue shortfall. @leejane71@elnovw
https://t.co/mxvXMbTJML
$TSLA by far the most traded stock today, with investors shrugging off worries Musk will sell more shares to pay for $TWTR. $NFLX is missing out on the S&P 500's big rally. $SPX