Who Will Benefit More From Upcoming Rate Hikes: Bank of America or Wells Fargo?
As the Federal Reserve gears up to raise its benchmark overnight lending rate -- the federal funds rate -- for the first time since the pandemic started, banks are poised to benefit. Two of the banks expected to profit the most areBank of America(NYSE: BAC)andWells Fargo(NYSE: WFC), largely because both banks are heavy commercial lenders. Many commercial loans have variable interest rates that will move higher along with the federal funds rate. With the Fed likely to raise rates at its March meeting, which big bank is likely to benefit more: Bank of America or Wells Fargo? Looking at asset sensitivity When banks make their quarterly and annual regulatory filings, they include an updated sensitivity chart, which shows how certain rate hikes would impact the banks' net interest income (NII),
$Marathon Digital Holdings Inc(MARA)$After the halving, the company's electricity costs have dropped significantly. During this period, the company's daily electricity cost per EH was $50,000, but after the halving, it dropped to $16,000 per EH per day. CLSK spends roughly $25,000 per EH per day on electricity, while MARA, after the recent acquisition, is expected to decrease to $25,000 from $32,000. The difference comes from electricity costs and miner efficiency.$CleanSpark, Inc.(CLSK)$ is currently overvalued. currently hold 4,218 tokens with a hash rate of 16 EH.MARA holds 16,930 tokens and has $400 million in cash equivalents. Their hash rate is 28 EH, and they expect it to
$SoundHound AI Inc(SOUN)$Good day dear team and friends let us see what today will bring in : $Tilray Inc.(TLRY)$$Aurora Cannabis Inc(ACB)$ I am watching this since last week as cannabis stocks are getting more steam lately ✅! $Verb Technology Co., Inc.(VERB)$ All about the volume here today. I did put my plan about it and shared it via the email ✅! Will see where this will go this week . Still watching it closely. I trade confirmed momentum with real volume ✅! Most likely real volume will show in the market hours! $SoundHound AI Inc(SOUN)$ Bullish
During the holidays, I plan to hold onto stocks, aiming for a $S&P 500(.SPX)$ target of 6000 by 2024. The ongoing AI revolution led by tech giants like $NVIDIA Corp(NVDA)$ and $Microsoft(MSFT)$ is poised to empower all industries. As AI applications become more widespread, we're on the brink of the most significant transformation yet. Get ready to shoot for the moon! 🚀
$Advanced Micro Devices(AMD)$$NVIDIA Corp(NVDA)$ Nvidia — whose processing chips continue to be viewed as the gold standard is notably cheaper, with a multiple of 36. $Advanced Micro Devices(AMD)$ trades near 50 times estimated earnings, making it the third-most expensive component of the Philadelphia Stock Exchange Semiconductor Index. AMD fell 2.4% on Wednesday. Analysts have been paring back their expectations. The consensus for AMD’s net 2024 earnings has dropped 16% over the past six months, while the view for revenue is down 6.2% over the same period. Estimates for Nvidia, in contrast, have been surging on the back of repeated blo
$Trade Desk Inc.(TTD)$ ’s holding up nicely—ad demand’s picking up and booked a small gain. With AI ads and better monetization, fundamentals stay solid, still worth watching!
$BABA-W(09988)$ edged up on e-commerce recovery and cloud stabilization—locked in a modest gain, and patience is finally paying off. With ongoing buybacks and still-attractive valuation, I plan to add on dips. A solid name to watch, folks!
$Amazon.com(AMZN)$$Invesco QQQ Trust-ETF(QQQ)$ markets ran saying rate cuts in JAN, then ran hard again onMarch, then now again in May. Chip stocks PT raised every morning $Apple(AAPL)$ says we can't meet estimates next quarter. Retail folks still buying $Amazon.com(AMZN)$ Bezos selling at least $9B during this year. Retail investors want to buy more.
$Advanced Micro Devices(AMD)$$Advanced Micro Devices(AMD)$ Unless the 7/10 SMAs cross up on the 15minute, it's still going down. Watch for them to cross up and for them to test the crossover. Support and resistance. Red and green horizontal lines are technical support and resistance. Those are 7/10SMA crossovers on the 15minute chart. Lines which have not been crossed since being created are untested technical support/resistance. The blue peaks on the right are volume support/resistance. That's the Volume Profile indicator. Lower chart is momentum.