Nvidia's AI-powered rise to a $4 trillion market cap
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There’s a significantly elevated chance that a U.S. recession will begin within the next 12 months. The odds are roughly one in five, in fact, based on the unusually wide spread between the Conference Board’s Consumer Confidence Index (CCI) and the University of Michigan’s Consumer Sentiment Index (UMI).
Nvidia shares hit a record high Wednesday as the AI investor favorite became the first company ever to reach a market capitalization of $4 trillion. Monitor these key chart levels.
Nasdaq shows technical momentum, yet valuation concerns persist. Analysts expect steady EPS growth, but fair value is in the mid-$80s. See more on NDAQ stock here.
President Donald Trump's tariff letters have targeted Algeria, Brunei, Iraq, Libya, Moldova, the Philippines and Sri Lanka. That's shown in the chart above. Read more in the article below.
The breakout zone for Nifty stands at 25,550, above which it could rally to 25,650-25,725. On the flip side, a dismissal of 25,400 could accelerate selling pressure, as per experts
In the broader markets, the Nifty MidCap and Nifty Smallcap slipped 0.32 per cent and 0.3 per cent, respectively.
The biggest threat to the London Stock Exchange is not the allure of New York but the deep pockets of private equity.
Last week, markets wrapped up the week on a positive note, even though trading remained largely rangebound. The Nifty settled at 25,461 with a gain of 55.7 points, while the Sensex rose by 193 points to close at 83,
Contrarians believe the stock-market decline that kicked off the week after the July 4 holiday is the start of something bigger.