It is unlikely that NVIDIA (NASDAQ: NVDA) will lose its top spot in the AI world soon. The company has too big a lead and too much market share to fall by the wayside without some fundamental shift in the landscape. However, losing market share to competitors like Advanced Micro Devices (NASDAQ: AMD) and Microsoft (NASDAQ: MSFT) is an equally significant risk. The AI market, including chips, infrastructure and services, will continue to grow, but loss of market share would provide an unstable footing for NVIDIA that will weigh on the market over time. Microsoft is best positioned to disrupt NVIDIA’s hold on the AI market. .
Equity markets wavered for the 5th consecutive trading day on Tuesday as participants waited on critical inflation data. The latest read on the PCE price index is due Thursday and will lead the market to its next move. The data is expected to cool compared to the prior month and previous year, confirming the idea the FOMC is done raising rates. The question is if the data will indicate higher rates for longer or point to the first interest rate cuts since 2020.
Another cause for market concern is OPEC+. The cartel is set to meet again on Thursday and is expected to confirm additional production cuts. The cartel is working hard to keep the supply/demand imbalance tilted toward higher prices but non-OPEC production continues to rise. If the cartel is successful with its plans it could underpin inflation and keep the FOMC in a hawkish position regardless of the PCE Data.
It is unlikely that NVIDIA (NASDAQ: NVDA) will lose its top spot in the AI world soon. The company has too big a lead and too much market share to fall by the wayside without some fundamental shift in the landscape. However, losing market share to competitors like Advanced Micro Devices (NASDAQ: AMD) and Microsoft (NASDAQ: MSFT) is an equally significant risk. The AI market, including chips, infrastructure and services, will continue to grow, but loss of market share would provide an unstable footing for NVIDIA that will weigh on the market over time. Microsoft is best positioned to disrupt NVIDIA’s hold on the AI market.
Charlie Munger, who helped Warren Buffett build Berkshire Hathaway into an investment powerhouse, has died at a California hospital. He was 99.Berkshire Hathaway said in a statement that Munger's family told the company that he died Tuesday morning at the hospital just over a month before his 100th birthday."Berkshire Hathaway could not have been built to its present status without Charlie's inspiration, wisdom and participation," Buffett said in a statement. The famous investor also devoted part of his annual letter to Berkshire shareholders earlier this year to a tribute to Munger.Munger ser...
When was the last time you saw a VIX below 13.0%? Most seasoned investors would tell you that this could be considered a once-in-a-cycle unicorn moment, and while the bears are focusing on reasons why the market could be pregnant with tail risk, others (maybe yourself included) are focused on what matters: making money. It is more important than ever to pick the right stocks, as a slow market - topped by a holiday season on Wall Street - will make it harder to find the names that really move in the right direction. The homework has been done for you, focusing on the oil sector, bringing yo...
Investors are making an absolute killing on select small-cap lithium stocks as EV sales continue to break records. But what's the best one to buy now? Here's a tiny, unknown 30-cent lithium exploration firm that just secured a US$90M boost.
It's not just you. Across the U.S., prices at the pump have felt milder in recent months.Gas prices have fallen or remained steady since Sep. 19 — marking about a 70-day trajectory of decline, Andrew Gross, spokesperson for motor club AAA, said Tuesday.As of Tuesday, the national average for gas prices stood just below $3.25, according to AAA. That's down 25 cents from a month ago and 30 cents less than this time last year. Experts point to a recent decline in oil prices and a seasonal dip in demand, as well as easing inflation.Each penny decline in the national average saves motorists close to $3.8 million, according to Patrick De Haan, head of petroleum analysis at GasBuddy.
There are deals, and there are deals, and in the world of internet stocks, Alibaba (NYSE: BABA) is the one stock sticking out like a sore thumb. At prices below $80.0 a share, the only thing you can hope for this stock is to skyrocket to meet its fair value, which will be revealed in just a bit. Now, Charlie Munger, Warren Buffett's right-hand man in the giant holding company Berkshire Hathaway (NYSE: BRK.A), trusted the numbers out of this company enough to buy it, and in true value investing fashion, he has held it through all the wild swings that the stock has brought on since. However, Charlie, along with many other investors out there, made the honest mistake of thinking that Alibaba is a technology company when, in reality, it is part of the consumer discretionary sector.
Time's almost up… to invest in this AI powered smart-home tech that's disrupting the entire smart shades industry.
Backed by prominent Venture Capitalists, including support received from the Canadian Shark Tank, they've opened their doors to retail investors, but only for 3 more days.
Reports indicate that early investors in Nest (Smart Thermostat) earned a 20X return at their $3.2B acquisition.
What if you had the opportunity to invest before they launched into retail, would you?
Rao's Homemade wants its customers to be comfortable while eating comfort foods this winter.The Italian food brand is releasing a limited-edition velour tracksuit inspired by its iconic red sauce, complete with a red zip-up hoodie with a bedazzled Rao's logo on the back with matching lounge pants. The set costs $150 and will be available on Rao's website beginning December 1 for a limited time.RELATED: You Could Own a Pair of McDonald's Themed Crocs – But it Will Cost YouCourtesy of Rao's | Rao's velour tracksuit.Charles Rao opened his eponymous restaurant, Rao's, in Manhattan's East Harlem neighborhood in 1896, and its still open today, according to the company.
The holiday season is fast approaching, and investors and traders hope Santa Claus will visit Wall Street. Among the wishes for those with some capital to invest is another chance to get into some of this year’s market-leading stocks. As good as this year was for names like Meta Platforms (NASDAQ: META), NFLX (NASDAQ: NFLX) and NVIDIA (NASDAQ: NVDA) (which all produced triple-digit gains in 2023), it looks like next year could be equally good for tech giants. Because the stocks are trending higher, a pullback in the price action will likely result in a trend-following entry and market-...
A key Federal Reserve official raised the possibility Tuesday that the Fed could decide to cut its benchmark interest rate as early as spring if inflation keeps declining steadily.The official, Christopher Waller, a member of the Fed's Board of Governors, cautioned that inflation is still too high and that it's not yet certain if a recent slowdown in price increases can be sustained. But he sounded the most optimistic notes of any Fed official since the central bank launched its aggressive streak of rate hikes in March 2022, and he signaled that the central bank is likely done raising rates. Waller is regarded as a relatively "hawkish" official, meaning that he typically favors higher rates to combat inflation rather than low rates to boost job growth.
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