Nvidia earnings set to test Wall Street’s faith in AI boom
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Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.
Wall Street’s faith in the artificial intelligence boom that has powered US equities markets to record highs will be put to the test on Wednesday when $4tn chipmaker Nvidia unveils its hotly anticipated quarterly earnings report.
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Read MoreUS trade shock: Trump goes ahead with plan to impose cumulative 50% tariffs on India citing Russian oil purchases
In a big setback for India’s exports, the US has formally notified 50 per cent tariffs on Indian products effective from Wednesday, after India-US ties deteriorated following the collapse of trade deal negotiations and US discomfort over India’s purchase of Russian oil amid the ongoing Russia-Ukraine war.
In its notification, the US Customs and Border Protection (CBP) said the implementation of additional duties comes after US President Donald Trump determined that the “Russian Federation’s actions continue to pose an unusual and extraordinary threat to US national security and foreign policy,
Webull Singapore launches advanced options strategy for professional and seasoned investors
Pte Ltd (‘Webull Singapore’), a subsidiary of Webull Corporation (NASDAQ: BULL), the owner of the Webull trading platform has officially launched its advanced options strategies. The strategies will …
Read MoreLEAPS: How Long-Term Equity Anticipation Securities Options Work
Discover the benefits and risks of LEAPS options, which offer long-term expiration dates for strategic investments in stocks or indexes, lasting over one year.
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Read MoreApple’s (AAPL) Growth Momentum Intact Despite Antitrust Headwinds
Apple Inc. (NASDAQ:AAPL) is one of the most profitable tech stocks to invest in now. On August 25, Bloomberg reported that Elon Musk’s companies X and xAI filed a lawsuit against Apple Inc. (NASDAQ:AAPL) and OpenAI in federal court in Fort Worth, Texas,
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Read MoreThe Burst
Market Commentary: #1 Oil Stock, Period
It’s easy to get distracted by the energy sector when Buffett is snapping up Occidental Petroleum shares with abandon and already owns so much of Chevron. But arguably both should be cast aside in favor of what might well be the #1 stock in the sector, Exxon Mobil.
With a market capitalization of around $400 billion and generating revenues of $338 billion,
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Read MoreThe Ivy
Has The AI Bubble Officially Burst?
You’ll never guess who has turned bearish on AI? It seems one of the most prestigious names on Wall Street, Goldman Sachs, has done a U-turn and is betting against a continuation of the momentum previously seen in artificial intelligence stocks.
While Goldman has a long history of staying bullish, often for too long,
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Read MoreThe Spotlight
320 Million Reasons To Buy This Gaming Company
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