A trillion dollars of installed global data center infrastructure will transition from general purpose to accelerated computing as companies race to apply generative AI into every product, service and business process – NVDA CEO Jensen Huang, Press Release May 24…
While not quite as well known as The Big 5, semiconductor manufacturer Nvidia (NVDA) – with a $500 billion market cap – is one of the most popular and important stocks in the market – and it reports 4Q22 earnings…
It has been said that semiconductors are the new oil, so central are they to the contemporary economy. Currently, a scarcity of semiconductors is the bottleneck holding up production of many goods such as automobiles. Many investors have exposure to…
As I wrote this morning in the context of Shopify (SHOP), the market is bifurcated into the mega cap tech stocks that have held up well so far – and thus propped up the indexes – and the smaller but…
On Monday March 23, 2020 before the market opened – in the midst of the COVID panic – Chairman Powell essentially told financial markets that he would do whatever it took to support financial markets: The Federal Reserve will continue…
The stock market had a big day Monday recouping most of its losses from Friday. The S&P was +1.32% and the NASDAQ +1.88%. However, a look beneath the hood shows the same problem I’ve been harping on for at least…
Day by day it is becoming clearer to me that the stock market is in the last throes of the great bull market that began on March 9, 2009 – “7 Stocks Are Propping Up The Market And We’re In…
Day by day it is becoming clearer to me that the stock market is in the last throes of the great bull market that began on March 9, 2009. That’s because more and more smaller and lesser known stocks are…
While the major indexes were only down moderately Wednesday with the S&P -0.26% and NASDAQ -0.33%, things were much worse beneath the surface. NYSE + NASDAQ Advancers to Decliners was 2,588 / 5,426. That is, there were about 2 Decliners…
On Friday October 22, the legendary hedge fund manager David Tepper did a fascinating interview with Scott Wapner on CNBC’s Fast Money. In the interview, Tepper said that he wasn’t that bullish on the stock market but that we could…