$NVDA – NVIDIA SHARES FALL 4%
Tag: Stock Market
📰 The U.S. could risk default on its $36.6 trillion debt as early as August unless Congress raises the debt ceiling, the CBO warned. The estimate aligns with the Bipartisan Policy Center’s forecast of a default window between mid-July and early October. Republicans have not set a timeline for action. Last-minute debt limit negotiations have previously shaken markets and triggered credit rating downgrades.
The U.S. could risk default on its $36.6 trillion debt as early as August unless Congress…
📰 BANK OF AMERICA MOVES GOLD PRICE TARGET TO $3,500/OZ Bank of America says gold could reach $3,500/oz within two years if investment demand rises 10%. This could come from central bank buying, retail ETF inflows, and geopolitical uncertainty. Currently, gold futures are up 0.1% to just under $3,028/oz.
BANK OF AMERICA MOVES GOLD PRICE TARGET TO $3,500/OZ Bank of America says gold could reach…
📰 $GME – GAMESTOP SHARES JUMP ON BTC ADDITION, RESULTS 🔸 GameStop shares rose 14% premarket Wednesday. 🔸 Company will add Bitcoin to treasury reserves, approved by board. 🔸 No limit set for Bitcoin purchases using cash, debt, or equity. 🔸 Q4 net income doubled to $131.3 million from $63.1 million. 🔸 Revenue fell to $1.28 billion from $1.79 billion. 🔸 SG&A expenses dropped to $282.5 million from $359.2 million. 🔸 Closed 590 U.S. stores in 2024; more closures planned for 2025. 🔸 Exited Italy, closed stores in Germany. 🔸 Ended quarter with $4.78 billion in cash and securities. 🔸 Full-year sales declined to $3.82 billion from $5.27 billion. 🔸 Annual net income jumped to $131.3 million from $6.7 million in 2023.
$GME – GAMESTOP SHARES JUMP ON BTC ADDITION, RESULTS 🔸 GameStop shares rose 14% premarket Wednesday.…
📰 $TSLA – TESLA SHARES REVERSE PREMARKET COURSE, LAST DOWN 1.5%; CO’S FEBRUARY MARKET SHARE IN EUROPE DROPS
$TSLA – TESLA SHARES REVERSE PREMARKET COURSE, LAST DOWN 1.5%; CO’S FEBRUARY MARKET SHARE IN EUROPE…
📰 $META – PLANS TO CHARGE $14 A MONTH FOR AD-FREE INSTAGRAM OR FACEBOOK – WSJ
$META – PLANS TO CHARGE $14 A MONTH FOR AD-FREE INSTAGRAM OR FACEBOOK – WSJ
📰 $TSLA – FBI DIRECTOR: INVESTIGATING THE INCREASE IN VIOLENT ACTIVITY TOWARD TESLA, AND OVER THE LAST FEW DAYS
$TSLA – FBI DIRECTOR: INVESTIGATING THE INCREASE IN VIOLENT ACTIVITY TOWARD TESLA, AND OVER THE LAST…
📰 TRUMP: HYUNDAI TO MAKE $5.8 BLN INVESTMENT IN LOUISIANA STEEL PLANT TRUMP: WILL CREATE MORE THAN 1400 JOBS TRUMP: HYUNDAI WILL NOT HAVE TO PAY ANY TARIFFS
TRUMP: HYUNDAI TO MAKE $5.8 BLN INVESTMENT IN LOUISIANA STEEL PLANT TRUMP: WILL CREATE MORE THAN…
📰 $TSLA – PIPER SANDLER ON TESLA: ‘ANGST RE: BRAND DAMAGE IS OVERDONE’ The analyst comments: Elon Musk’s political actions likely hurt Tesla’s demand somewhat, but supply issues are the main reason for Q1’s double-digit delivery drop. Factory shutdowns limited Model Y production, capping deliveries even with high demand. With new products and a robo-taxi launch soon, we maintain our Overweight rating and $450 price target.
$TSLA – PIPER SANDLER ON TESLA: ‘ANGST RE: BRAND DAMAGE IS OVERDONE’ The analyst comments: Elon…
📰 $AAPL – CHINA COMMERCE MINISTER MET WITH APPLE CEO TIM COOK ON MARCH 24 – MINISTRY STATEMENT
$AAPL – CHINA COMMERCE MINISTER MET WITH APPLE CEO TIM COOK ON MARCH 24 – MINISTRY…