Mrzorro
2024-10-28

I alway had my fate on Mag 7 especially $NVIDIA Corp(NVDA)$  ...On Friday, Nvidia had closed 0.8% higher, taking its total gains for the year to 186%. Its total valuation stands at $3.47 trillion -- about $50 billion short of Apple, which is the world's largest company in market-cap terms.

This could be a big week for the stock market's go-to artificial intelligence darling, with Google parent Alphabet, software developer $Microsoft(MSFT)$  , online retailer $Amazon.com(AMZN)$  , and Apple all set to report their September-quarter earnings.

Investors will be keeping an eye on capital expenditure numbers, which could give the market a clue about how long demand for Nvidia's AI chips can continue growing at such a rapid pace.

In July, the chip maker's shares tumbled after Alphabet overshot Wall Street's capital spending expectations, although Nvidia has pared back all of those losses since then.

I believe sooner or later $Apple(AAPL)$  will be succeed transforming into an AI company! 



@TigerStars  @CaptainTiger  @TigerWire  @Daily_Discussion  @Tiger_chat  @Tiger_comments  @MillionaireTiger  

Big Tech Earnings: Who is the Winner Among Mag 7?
Amazon's Q3 profit far exceeded expectations, driven by accelerated cloud growth. The company indicated that capital expenditures may be higher next year, leading to a nearly 6% increase in after-hours trading. Both Microsoft and Meta dropped by 4% following their earnings reports. Although financial results met expectations, management indicated that upcoming AI spending would increase. ------------------- Will Amazon hit all-time-high this week? MSFT and META: Goog Buy or Good Bye After 6% Drop?
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

  • koolgal
    2024-10-28
    koolgal
    Congratulations on your winning trade 💐💐💐
Leave a comment
3