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Tag: shock

JPMorgan’s Kelly Says Only a Bear-Market ‘Shock’ Can Upend Tech

(Bloomberg) — The outsized sway of technology giants over US stocks is likely to persist, absent a major market rout along the lines of what investors endured in 2022, says JPMorgan Asset Management’s David Kelly. Most Read from Bloomberg The firm’s chief global market strategist is among Wall Street pros who expect earnings growth in […]

Galway shock Dublin to reach semi-finals

Galway have caused the shock of the championship with a 0-17 to 0-16 win over Dublin to defeat the defending All-Ireland champions. It will be the first year since 2009 that Dublin are not in the semi-finals of the championship, as Galway dug deep to come from behind for victory in Croke Park. Dublin got […]

Nvidia Stock Is Up 150% in 2024. History Says the AI Stock Will Do This in the Second Half of the Year (Hint: It May Shock You).

Nvidia (NASDAQ: NVDA) dominates the market for data center graphics processing units (GPUs), chips used to speed up demanding workloads like artificial intelligence (AI) applications. The Wall Street Journal recently reported that “Nvidia’s chips underpin all of the most advanced AI systems, giving the company a market share estimated at more than 80%.” The company […]

Justin Trudeau suffers shock by-election defeat in Liberal stronghold

Justin Trudeau suffered a shock defeat in a liberal stronghold nicknamed “Fortress Toronto”, in a development that signals a potential Liberal wipeout at a future general election. It represents an embarrassing loss for the Canadian prime minister, who had personally travelled to St Paul’s – a wealthy seat the Liberal Party has held since 1993 […]