$NVDA – NVIDIA SHARES UP 1.8%, TOUCHED RECORD HIGH EARLIER IN THE SESSION
Tag: Stock Market
📰 DEFICITS SEEN TO CARRY INFLATIONARY RISK The U.S. government’s latest income statement shows why large budget deficits are a grim omen for the economy, Chris Low of FHN Financial writes. Revenue grew $479 billion in the U.S.’s latest fiscal year, yet the deficit still increased to $1.832 trillion, from $1.695 trillion, as spending grew even faster, he writes. Aside from higher benefits payments and domestic investments, interest payments are a key contributor. They grew by more than 33% in the latest fiscal year, Low observes. Low finds that economists are growing more concerned that deficits are inflationary. “Big deficits created by the response to the pandemic morphed into big deficits in pursuit of industrial policy exacerbated by sporadic multi-billion efforts to forgive student debt, with no obvious end in sight,” he writes.
DEFICITS SEEN TO CARRY INFLATIONARY RISK The U.S. government’s latest income statement shows why large budget…
📰 BITCOIN ETFS INFLOWS HIT $20B, OUTPACE GOLD ETFS 10X: WHAT’S NEXT? While ETFs are seeing heavy inflows, Bitcoin’s exchange inflows have dropped significantly by over 95.93% in the last 48 hours. This suggests a shift in investor behavior as fewer participants are moving their BTC to exchanges. Consequently, the reduction in inflow may be an indicator of the holders’ bullish attitude, as they are opting to hold the assets rather than sell. https://t.co/d0zKG5DJRf
BITCOIN ETFS INFLOWS HIT $20B, OUTPACE GOLD ETFS 10X: WHAT’S NEXT? While ETFs are seeing heavy…
📰 $DJT – Trump Media Announces Release of Truth+ Streaming on iOS and Apple TV
$DJT – Trump Media Announces Release of Truth+ Streaming on iOS and Apple TV
📰 U.S. DEFENSE SECRETARY, IN KYIV, ANNOUNCES $400 MILLION IN PRESIDENTIAL DRAWDOWN PACKAGE OF ARMS FOR UKRAINE
U.S. DEFENSE SECRETARY, IN KYIV, ANNOUNCES $400 MILLION IN PRESIDENTIAL DRAWDOWN PACKAGE OF ARMS FOR UKRAINE
📰 $BA – BOEING WORKERS WILL VOTE ON PROPOSAL THAT COULD END STRIKE, UNION SAYS A union representing striking machinists at Boeing said Saturday that members will vote Wednesday on a “negotiated proposal” that could end a more than month-old strike. Around 33,000 of Boeing’s unionized West Coast workers, most in Washington state, have been on strike since Sept. 13. The work stoppage has halted production of the planemaker’s best-selling 737 MAX and its 767 and 777 widebodies.
$BA – BOEING WORKERS WILL VOTE ON PROPOSAL THAT COULD END STRIKE, UNION SAYS A union…
📰 Over $500,000 was just placed on Kamala Harris to WIN the Presidential Election on @Kalshi
Over $500,000 was just placed on Kamala Harris to WIN the Presidential Election on @Kalshi
📰 Over $500,000 was just placed on Kamala Harris to WIN the Presidential Election on @Kalshi
Over $500,000 was just placed on Kamala Harris to WIN the Presidential Election on @Kalshi
📰 SPOT GOLD RISES 1% TO HIT RECORD HIGH AT $2,718.93 PER OUNCE
SPOT GOLD RISES 1% TO HIT RECORD HIGH AT $2,718.93 PER OUNCE
📰 $AAPL – APPLE’S CHINA IPHONE SALES TO REBOUND ON AI-DRIVEN SUPER CYCLE Apple’s China iPhone sales will show a strong rebound over the next year with the beginning of its AI-driven super cycle led by iPhone 16, according to Wedbush in a research note. Analysts estimate roughly 300 million iPhones globally haven’t been upgraded in over four years. In China alone, there are 100 million iPhones in the window for an upgrade opportunity for 2025, according to the analysts. Overall in FY25, Wedbush thinks Apple could sell north of 240 million iPhone units, “as this AI-driven upgrade cycle takes hold.” Apple rises 1.8% to $236.39 in pre-market trading
$AAPL – APPLE’S CHINA IPHONE SALES TO REBOUND ON AI-DRIVEN SUPER CYCLE Apple’s China iPhone sales…