Nvidia (NVDA) is due to report earnings on Wednesday after the closing bell, and the options market is pricing in an 10.2% move in either direction. Nvidia stock has stayed above the lower expected range following all six of the last six earnings announcements. Let’s analyze how we can structure an option trade that fits […]
GameStop (GME) and AMC (AMC) are soaring again, with both stocks up more than 100% in the past week. While the moves are sending vibrations through the market that feel like the 2021 meme stock mania, Wall Street strategists say this fresh burst of enthusiasm is far from the madness of three years ago. In […]
Over the past five years, Apple (NASDAQ: AAPL) stock has risen by 277%, adjusted for a 2020 stock split. But it’s also important to note that Apple pays a modest dividend, so assuming reinvestment of all the dividends you received over the past five years, Apple’s five-year total return through May 13 was 291%. So, […]
WASHINGTON (AP) — Federal Reserve Chair Jerome Powell said Tuesday that the central bank is unlikely to raise its key interest rate in response to signs of stubborn inflation and underscored his view that price increases would soon start to cool again. Yet Powell, during a panel discussion in Amsterdam, said his confidence that inflation […]
On Wednesday, investors will digest one of the most important data points the Federal Reserve will consider in its next interest rate decision: April’s Consumer Price Index (CPI). The inflation report, set for release at 8:30 a.m. ET, is expected to show headline inflation of 3.4%, a slight deceleration from March’s 3.5% annual gain in […]
GameStop stock (GME) rose more than 60% on Tuesday, adding to a rally that sent shares of the video game retailer up 74% Monday. Monday’s move, in which the stock rose as much as 110% and was halted for volatility several times during the trading session, followed the reemergence of Keith Gill, also known as […]
Bill Gates, the co-founder and ex-CEO of Microsoft (NASDAQ: MSFT), has amassed a net worth of nearly $130 billion, per Forbes. Of this, the Bill and Melinda Gates (BMG) Foundation Trust manages a $42 billion investment portfolio. Interestingly, 67% of this portfolio is concentrated in only three stocks — highlighting Gates’ confidence in these picks. […]
Fed Chair Jerome Powell said Tuesday his confidence that inflation will keep cooling is not as high as it was at the start of the year, and that the central bank will need to be patient before lowering interest rates. “We did not expect this to be a smooth road, but these [inflation readings] were […]
By Bart H. Meijer and Toby Sterling AMSTERDAM (Reuters) -Federal Reserve Chair Jerome Powell said on Tuesday he expects U.S. inflation to resume declining through 2024 as it did last year, though his confidence in that has fallen after prices rose more quickly than expected through the first quarter. “I expect that inflation will move […]
After plunging 7% last week, Plug Power (NASDAQ: PLUG) stock has been soaring to start this week. The hydrogen and fuel cell stock climbed 13% yesterday, and it’s poised to lock in an even greater gain today thanks to the company’s announcement that it has received a government loan guarantee. As of 10:34 a.m. ET, […]
Wholesale prices rose more than expected in April, according to new data released Tuesday. However, when analyzing revisions to March’s Producer Price Index, Federal Reserve Chair Jerome Powell argued the release was “mixed.” “We had a producer price index reading just a couple of hours ago, and I would say it’s actually quite mixed,” Powell […]
In today’s video, I discuss recent updates impacting Nvidia (NASDAQ: NVDA). Check out the short video to learn more, consider subscribing, and click the special offer link below. *Stock prices used were the after-market prices of May 13, 2024. The video was published on May 13, 2024. Should you invest $1,000 in Nvidia right now? […]