Nvidia Hits $3 Trillion Valuation, Announces Stock Split
Quick Look:Nvidia’s Stock Split: Nvidia will initiate a 10-for-1 stock split, trading starting Monday, following a 212% price growth over the past year. Market Impact: Nvidia’s rally has greatly influenced the S&P 500’s performance, contributing a third of its return since
Apple’s Bold Leap Into Generative AI At WWDC 2024
Quick Look:WWDC 2024 Focus: Apple should unveil its ambitious generative AI strategy at WWDC 2024, with significant attention on AI advancements. AI-Powered Siri: A generative AI-powered version of Siri is expected, promising proactive tips, improved responses, and better app integration. Comprehensive Updates:
EUR/USD Falls to Three-Week Low at 1.0775 on Strong USD
Quick Look:EUR/USD Selling Pressure: EUR/USD falls to a three-week low, trading around 1.0775, influenced by strong US economic data. Impact of US Employment Data: The US added 272,000 jobs in May, surpassing expectations and bolstering the US Dollar. Eurozone Political Uncertainty: Gains
Mortgage Rates at 7.13% for 30-Year Fixed Loans
Quick OverviewCurrent Mortgage Rates: As of May 28th, 30-year fixed rates are at 7.13%, 15-year at 6.69%, and 5/1 ARMs at 6.41%. 2024 Predictions: Rates should stay above 6.5% with a potential gradual decline; predictions vary from 6.1% to 6.8%. Influencing Factors:
Revised Data Shows Japan’s GDP Shrinks 1.8% in Q1
Quick Look:Economic Contraction: Japan’s economy contracted at an annual rate of 1.8% in Q1 2024, slightly better than the initial 2.0% estimate. Declining Exports and Spending: Decreased exports and consumer spending contributed to a 0.5% quarterly GDP decline. Automaker Scandal: Major automakers,
PeiPei Token Analysis: $16.17M Trading Volume, 22% Drop
At a GlancePEIPEI is trading at $0.061627, with a 24-hour volume of $16.17M and a 22.01% price drop. Reached an all-time high of $0.062387 on June 8, 2024, all-time low of $0.077909 on June 7, 2024, showing high volatility. Actively traded on
Cardano’s TVL Drops To $230M, DEX Activity Provides Hope
Cardano’s TVL Drops To $230M, DEX Activity Provides HopeQuick Look:Cardano (ADA) Trading Range: ADA is oscillating within a critical range, indicating potential undervaluation and a pending bull run. Technical Indicators for ADA: RSI and MACD suggest future rally potential despite current
Euro Index and Yen: The Euro is under pressure at 1043,5
On Friday, we saw the beginning of a bearish consolidation of the Euro index. The yen index managed to stabilize above the EMA200 moving average in the past few days. Euro index chart analysisOn Friday, we saw the beginning of a bearish
Kurdish official warns US: ‘now is not the time’ to pull forces out of Iraq’
As the U.S. mulls over a plan to withdraw troops from Iraq, its Kurdish allies have a message: Don’t forget us. "This is not the time to reduce coalition forces in Iraq," Treefa Aziz, the Kurdistan Regional Government’s special representative to
House tees up ‘China Week’ with floor votes aimed at combatting CCP espionage and economic advances
After six weeks of recess, the House is set to fast-track approval of a slew of China-related bills that aim to counter the U.S.’s growing foe beginning on Monday. With only three weeks of work on Capitol Hill before the November