$3,500 Apple Vision Pro vs. $350 Meta Quest:
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JUNE 12-15: CPI, PPI, FOMC, Retail Sales... - CPI stands for Consumer Price Index, which is a measure of the average change over time in the prices paid by urban consumers for a market basket of consumer goods and services. It is used to track inflation and understand the purchasing ... See More power of consumers. CPI is calculated by comparing the current prices of a basket of goods and services to the prices in a base period.PPI stands for Producer Price Index, which measures the average change over time in the selling prices received by domestic producers for their output. It is often used as an early indicator of inflationary pressures in the economy. PPI tracks price changes at various stages of production, such as raw materials, intermediate goods, and finished goods.FOMC stands for Federal Open Market Committee, which is a committee within the U.S. Federal Reserve System. The FOMC is responsible for making decisions regarding monetary policy, including setting the target range for the federal funds rate, which influences interest rates throughout the economy. The committee meets regularly to assess economic conditions and determine appropriate monetary policy actions.Retail sales refer to the total sales of goods and services by retail establishments in a specific geographic area over a certain period of time. It is an important economic indicator that provides insights into consumer spending patterns and overall economic activity. Retail sales data can help gauge the health of the economy and consumer confidence.Investors can be scared by bad data when it indicates negative trends or potential risks to the economy. For example, if CPI or PPI data shows a significant increase in inflation, investors may worry about the erosion of purchasing power and the potential impact on corporate profits. Similarly, if retail sales data indicates a decline in consumer spending, it may signal weaker economic growth and lower corporate earnings, which can unsettle investors.When investors are scared by bad data, they may react by selling their investments, leading to a decline in stock prices or other asset classes. This can trigger a domino effect as more investors join the selling pressure, potentially causing a market downturn.Additionally, negative data can also affect investor sentiment and confidence, leading to reduced risk appetite and a preference for safer investments such as bonds or cash.
-99.87%!
Where we going ? 📈 📉
Nio cuts prices by $4,200 on all EV models amid Tesla-spurred price war
US Congressman Warren Davidson officially files bill to fire SEC Chair Gary Gensler.
Technical Analysis In A Nutshell ☝️
OMH, found by a former HK pop star, it raised from $4 to $57, do you think it’s because of the pop star effect? - Race Wong, previously an actress and singer, is now the proud co-founder of Singapore’s all-in-one property platform Ohmyhome. OMH stocks was raised from $4 to ... See More $57 after they listed for 2 months since March, 2023. It’s because of the pop star effect or the actual value of the company? What do you think?
Father in Law when they realise you're a Day Trading addict
Seeking Feedback on my Stock Earnings Digest App using ChatGPT! - Hi all! I recently built an app that utilizes ChatGPT to digest stock earning transcripts and provide insightful summaries. With features like comprehensive guidance, QA insights, and strategic updates, this app is designed to empower investors like you.For example, ... See More this is the latest summary of NVDA earning call:• NVIDIA's Q1 revenue was $7.19 billion, up 19% sequentially.• Data center revenue was a record of $4.28 billion, up 14% YoY and driven by generative AI and large language models.• Gaming platform also showed strong sequential growth due to sales of the 40 Series GeForce RTX GPUs.• NVIDIA expects Q2 total revenue to be $11 billion due to data center revenue related to generative AI and large language models.• NVIDIA has procured a significant amount of supply for the second half of the year to meet demand.• NVIDIA faces competition from startups, existing semiconductor companies, and CSPs with internal projects.• The company emphasizes their value proposition of being the lowest cost solution due to their full stack approach and data center expertise.• NVIDIA offers several models to help customers start work in generative AI and accelerated computing, including DGX Cloud and NVIDIA AI enterprise.• NVIDIA sees software as a critical component of their accelerated platforms.• NVIDIA aims to help customers reduce costs per query through their specialty insurance products launched at GTC.• CEO emphasized importance of networking in their computing platform and announced a brand new Ethernet type to be announced at COMPUTEX.• Ideal mix for their DGX Cloud is about 10% NVIDIA DGX Cloud and 90% CSPs clouds.• NVIDIA is ramping up products in the coming quarters, including super chips and networking platforms.I am now seeking feedback. If you're interested in trying it out and providing valuable input, please send me a private note, and I'll be glad to share the link with you. I genuinely want to gather feedback from this community of knowledgeable investors.Cheers!
VERSES Announces Technical Breakthrough And Patent Filing for Its Next-Gen AI
Back when I was a motley fool member, they made a report last year for their highest conviction stocks. What do we think of their picks now that some time has passed? I’m worried about their Zoom pick
Usage of the Dollar as a Reserve Currency is on the decline, per Bloomberg:
Cardboard Box Demand Lowest Since Financial Crisis?