It was one of Wall Street’s hottest trades, but a trifecta of troubles has ushered in one of the steepest drawdowns for high-flying momentum stocks in years
India’s foreign exchange reserves climb to a record, bolstering the country’s ability to shield the rupee from excessive volatility and speculation
Amazon Web Services, $AMZN, has been awarded a $581,318,585 firm-fixed-price contract to support the U.S. Air Force’s Cloud One Program, according to an announcement from the U.S. Department of War.
Nvidia $NVDA set to supplant Apple as TSMC’s top customer, signaling chip industry’s ‘changing dynamic’
Nvidia will become TSMC’s largest customer this year, according to analyst estimates and Huang himself. Apple is believed to currently be TSMC’s largest customer
Jensen Huang said he’s not worried about California’s proposed 5% tax on billionaire wealth.
The Nvidia, $NVDA, CEO added: “We chose to live in Silicon Valley, and whatever taxes they decide to apply, so be it. I’m perfectly fine with it.”
$NIKL
Another metal is joining the party and breaking out from a multi-year inverse head & shoulders base.
$BBAI TA: Volume spike, +8% today. Price ~$5.8 near 50/200DMA. RSI ~47 (neutral). MACD flat but improving. Key: break above MAs with volume. Not advice
Happy New Year to everyone!
May 2026 be filled with great trading, friendships, health, and new learnings!
Industry analysis suggests that a typical household would need to spend a record 47% of its income to afford the median-priced home for sale.
Looked under the Christmas tree yesterday…
All I could find were a bunch of $MU shares.
Thanks Santa!
