The stock market saw mixed performance with the S&P 500 at 4,967.23, COMP:IND at 15,282.01, and DJI at 37,986.40. In the news, AMD was at 146.64, INTC at 34.20, TXN at 159.68, QCOM at 157.63, and MRVL at 62.13. Trending analysis and news were not available at the time of reporting.
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0 posts last weekStock Market Reaches New Highs with Nvidia’s Milestone and AMD’s Progress
Stocks surged to new highs driven by Nvidia, with major indexes reaching record levels. However, a potential pause in the market’s momentum is anticipated.
read moreS&P 500 Hits Record 5,000, AltSignals’ AI Token ASI Gains Traction
The S&P 500 reached a historic high of 5,000 driven by the surge in AI-related stocks like Nvidia and Microsoft. AltSignals is integrating AI into its trading platform with ActualizeAI, powered by the ASI token, which recently raised $1.8 million in a successful presale and was listed on Uniswap. This move aligns with the growing momentum in AI stocks and cryptocurrencies, particularly with Bitcoin’s positive movement towards $50k.
read moreSwiss Stock Market Slips as Novartis Weighs Down SMI
The Swiss stock market is experiencing a downturn, primarily due to a significant drop in Novartis’ stock value following the release of their quarterly results. Investors are cautious ahead of the US Federal Reserve’s interest rate decision, with concerns about potential disappointments from other major companies such as Roche and ABB. The market is also influenced by the recent underwhelming quarterly reports from US tech giants, leading to apprehensions about a possible correction in the overvalued tech sector.
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