Why Did NVIDIA Skyrocket Today?!?
September 12, 2024
11,684
480
60
4.62%
Search the Record
IndexedEvery word spoken in this episode is indexed. Type any phrase to jump straight to the moment it was said.
Type any word or phrase that may have been spoken. Click a result to seek the player to that exact moment.
Try a name, a topic, or a quoted line
Ricky Gutierrez Episodes Around September 12, 2024
See what was published immediately before and after this episode.
8:32Now PlayingWhy Did NVIDIA Skyrocket Today?!?
YouTube Description
as posted by the channelShares of Nvidia (NVDA 8.15%) were moving higher today on several news items, including a cooler-than-expected inflation report this morning, a well-received presentation at a Goldman Sachs conference this morning, and news that the federal government could allow it to export chips to Saudi Arabia. As a result, the stock closed up 8% on the news.
1. 🇺🇸 Politician Trade Tracker
2.✅ Join LPP (Daily Live Trading)
3. 📸 Instagram
4. Fuel Your Motivation
5.📊 Free 12 FREE Stocks (WEBULL)
The Federal Reserve is expected to cut interest rates next week, but investors are unsure if it will cut rates by 25 or 50 basis points. Ideally, interest rates will come down while the economy remains strong or even gets stronger. That would be the best scenario for Nvidia, as lower rates make growth stocks more valuable, and it should encourage borrowing for investment in artificial intelligence (AI) infrastructure, meaning spending on Nvidia components.
For those who are interested in Trading & Investing, I encourage you to join Our Free Trading Group of over 300,000
#stockmarketnews #nvidia #nvda
Thank you for the support, the best way to reach out to me is through our private discord chat, please DM me.
Guests & Subjects Covered
Sentinel Indexing in Progress
Metadata and chapters are available. Claim extraction for this episode is pending.
All video content is delivered via YouTube embedded players in accordance with the YouTube Terms of Service. Sentinel provides research tools that promote discovery and accountability across political media.