Technology stocks led the surge, the three major U.S. stock indexes on Monday (11) all closed higher. Apple's annual fall presentation is about to appear, Qualcomm announced that it has finalized a three-year deal with Apple to supply 5G chips for the iPhone until 2026, and the shares of both companies rose.Sentiment was buoyed by a Wall Street Journal report that the Fed had reached a consensus not to raise rates at its meeting next week. According to CME FedWatch, traders are pricing in the Fed staying its hand in September, with about a 40 percent chance of a rate hike in November.Investors are awaiting key U.S. inflation data in the coming week, with the latest consumer price index on Wednesday and the latest producer price index on Thursday. A slew of stronger-than-expected economic d
There is a saying “Life always offers you a second chance, it’s called tomorrow”. Will there be a “tomorrow” for $Qualcomm(QCOM)$, the American MNC that designs semiconductors, software and services synonymous with wireless technology? Qualcomm is a leading wireless technology company that develops and licenses products and services based on the Code Division Multiple Access (CDMA) technology. It was founded in 1985 by a group of former MIT and UC San Diego researchers. It went public on 20 Dec 1991 at $16 per share. 8 years later in 1999, Qualcomm became the top-performing stock in the S&P 500 index, with a staggering return of +2619.14% for the calendar year (see below). Qualcomm was at the right place, at the right time, with the right prod
$Alphabet(GOOG)$, the search engine giant, is currently facing one of the most significant legal challenges in its history – a 10-week antitrust trial that has the potential to reshape the tech industry and impact Google's stock price. This trial, which began in a Washington D.C. federal courtroom, is reminiscent of the landmark case against $Microsoft(MSFT)$ in the late 1990s, and it could have far-reaching consequences for Google's dominance in the online search market and its stock performance. The Antitrust Battle The U.S. Justice Department, along with dozens of state attorneys general, is alleging that Google has abused its market power in the online search industry. They a
Hi Tigers,Welcome to our Interview with @Bonta , a senior project manager in Singapore.Bonta shares his investment journey from options trading to consistent income through option selling, highlighting his experience with $Alibaba(BABA)$ , and his approach to stock selection, risk control, and option strategy deployment, all encapsulated in the slogan: "Sleep, chill and collect eggs."Check out Bonta's Trade Feed account. Click on Bonta to subscribe to his real-time trading information and receive his trading signal.https://ttm.financial/J/starInvestor?
Hi Tigers,Welcome to our Interview with @Bonta , a senior project manager in Singapore.Bonta shares his investment journey from options trading to consistent income through option selling, highlighting his experience with $Alibaba(BABA)$ , and his approach to stock selection, risk control, and option strategy deployment, all encapsulated in the slogan: "Sleep, chill and collect eggs."Check out Bonta's Trade Feed account. Click on Bonta to subscribe to his real-time trading information and receive his trading signal.https://ttm.financial/J/starInvestor?