AI Frenzy Continues Amid Record Sector Dispersion AI related stocks surged again this week. The big gains were Friday and Monday due to a keynote speech by NVIDIA’s CEO, Jensen Huang, at a technology conference in Taipei over the weekend. Apparently even Uber drivers were asking passengers if they had watched the speech. AI mentions...
Corporate earnings continue to be front‑of‑mind. Nvidia Corporation (NVDA) was the most recent example, beating expectations with revenue and earnings‑per‑share coming in better than consensus. NVDA was up +30% pre-market this morning, so much that it is on track to exceed $1 trillion in market capitalization. This would put NVDA in a unique club of...
Once again investors find themselves watching rival political parties in the U.S. wrangle over a path to raising the country’s debt ceiling. There is a sense of urgency to this process as estimates for when the U.S. Treasury runs out of funds could occur as soon as June 1. The government actually exceeded its borrowing...
