PayPal Taps Walmart’s Srini Venkatesan as New CTO
PayPal appoints Srini Venkatesan of Walmart as new CTO, effective June 24. He will oversee technology development and implementation across the ecosystem.
Quad Witching Driving AI Stocks Including Nvidia Higher, More One Month Lows Than Highs In NASDAQ
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Market Clubhouse Morning Memo – June 20th, 2024 (Trade Strategy For SPY, QQQ, AAPL, MSFT, NVDA, GOOGL, META And TSLA)
Good Morning Traders! In today's Market Clubhouse Morning Memo, we will discuss SPY, QQQ, AAPL, MSFT, NVDA, GOOGL, META, and TSLA.
Jobless Claims Exceed Estimates, Philly Fed Index Declines, Housing Starts And Permits Fall Sharply: Thursday’s Economic Digest
Economic data shows mixed results on Thursday, with higher jobless claims and weak housing starts, but positive future indicators. Market reactions were slight.
Wall Street On Track To Resume Meteoric Climb, Nvidia Builds On Gains: Analyst Says ‘Now Until Later In The Month Is…Seasonally Worst Times’
U.S. stocks will likely carry over from where they left off as the market reopens after the Juneteenth holiday on Thursday. The major index futures were all uniformly higher, underpinned by the continued buoyancy in the tech space.
What’s Going On With Nvidia Stock Thursday?
Nvidia became the world's most valuable listed company due to high AI chip demand. It surpassed Microsoft and Apple for first time since Feb 2019.
‘Hot Runner’ Nvidia To Hit Speed Bump In Second Half This Year? Here’s What A Market Strategist Says
The Fed holds the key for effecting broadening of the market rally, which is currently concentrated among a few mega-cap tech stocks, an analyst says.
Prudent Investors Pay Attention To Canary In Coal Mine – Oblivious Momo Crowd Supporting The Market
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Tweak: Wall Street Looks Jaded After Record Run As Traders Shift Focus To Retail Sales Data, Fed Speeches: ‘FOMO Still Rules The Market For AI-Related Stocks,’ Says Analyst
Tech optimism hasn’t worn out yet, with the Nasdaq futures pointing to a strong start for these stocks, while the Dow and S&P 500 futures were modestly lower.
Retail Sales Preview: May Numbers Expected To Rise As Consumers ‘Feeling More Positive’
US retail sales for May are expected to improve by 0.2% from April and 2.8% year over year. Inflation eases as Fed plans only 1 rate cut this year.