Bulls vs. Bears: Nvidia whips up AI frenzy
Welcome to our weekly roundup of financial market updates. We delve into company earnings, investment insights, and market trends, providing valuable insights into the ever-changing landscape of finance.
Market Calendar 26th Feb 2024 – 1st March 2024
Anticipating next week’s AU company earnings updates & economic figures. Stay informed on the latest financial updates and trends.
Pre-Market Pulse 23rd February – Stocks ride Nvidia to record highs
Stocks climbed to record highs after Nvidia’s blowout earning reinforced investor optimism in artificial-intelligence boom, ushering in a sea of green across tech stocks.
Pre-Market Pulse 22nd February – Fed concerned about cutting rates too soon, NVIDIA tops market estimates
Stocks struggled overnight as sentiment was further soured following the release of the minutes of the Federal Reserve’s January meeting showing members were concerned about cutting interest rates too soon.
Pre-Market Pulse 21st February – Stocks falter leading into Nvidia results
Stocks fell Tuesday, as investors paused bullish bets on tech stocks ahead of quarterly results from the Nvidia and the minutes from the Federal Reserve’s January meeting due later this week.
Pre-Market Pulse 19th February – Further strong inflation data ends 6-week rally in stocks
Stocks ended their 6-week winning streak as data this week showing inflation remains rein in investor bets on sooner rather later rate cuts.
Market Calendar 19th Feb 2024 – 23rd Feb 2024
Anticipating next week’s AU company earnings updates & economic figures. Stay informed on the latest financial updates and trends.
Pre-Market Pulse 16th February – Stocks ride Energy and Small Caps to yet another record high
Stocks climbed Thursday, as a jump in energy and small-caps supported the ongoing rally and offset an Apple-led dip in tech and economic data showing possible signs of weakness in the consumer.
Pre-Market Pulse 14th February – Hot inflation numbers wipe out rate cut hopes
The Dow had its worst day in 11 months as US inflation numbers all but wiped out hopes of aggressive rate cuts in the first half of this year.
Pre-Market Pulse 13th February – DOW hits record high as energy stocks surge
The Dow closed at record highs Monday, led by energy stocks ahead of a busy week of top-tier economy data, and fresh round of corporate earnings.
Pre-Market Pulse 12th February – S&P500 closes above 5000 for the first time on AI frenzy
Equities surged higher with the S&P500 closing above 5,000 for the first time on Friday and Nasdaq briefly traded above 16,000, with boosts from megacaps and chip stocks, including Nvidia as investors bet on artificial intelligence technology and eyed strong earnings data.
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Switch RMD & TLX to DRUG ETF