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Hi, Tigers!
Welcome to Daily Discussion! This is the place for you to share your trading ideas and win coins!
[Rewards]
We will reward you with 50 Tiger Coins when you share your knowledge about stocks and markets here, depending on quality and originality.
[Winners Announcement:8 Jan]
1.Here are the 8 Tigers whose post has the best quality & interaction yesterday:
Congratulations on being offered 50 Tiger Coins!
07 Jan Market Sell Off After Data Show Economy Strong Bad News For Market
Would Trump Risk be Trump Crisis?
Pepsi Stock is at a 3 Year Low! Buy The Dip?
2.Here are the stocks mentioned by the above Tigers: $Palantir Technologies Inc.(PLTR)$ $Devon(DVN)$ $Moderna, Inc.(MRNA)$ $NVIDIA(NVDA)$ $.IXIC(.IXIC)$ $Apple(AAPL)$ $Pepsi(PEP)$ (Not investment advice)
And let's congratulate these Tigers for winning 5-40 Coins:
Below are Today's Key Takeaways.
Top News Move the Market
The Dow Jones Industrial Average rose 106.84 points, or 0.25%, to 42,635.20, the S&P 500 rose 9.22 points, or 0.16%, to 5,918.25 and the Nasdaq Composite lost 10.8 points, or 0.06%, to 19,478.88.
Nvidia stock was flat after tumbling 6.2% on Tuesday, the worst one-day percentage drop since a 9.5% decline on Sept. 3, 2024. Investors were disappointed CEO Jensen Huang provided relatively few details about the company's most lucrative business -- providing chips to train and run artificial-intelligence models -- in his keynote address at the CES tech trade show on Monday. Benchmark Research analyst Cody Acree also noted how Huang failed to discuss some progress with Nvidia's next-generation GPU platform, Rubin.
Semiconductor shares slid. Advanced Micro Devices fell 4.3% to $121.84 after HSBC analysts downgraded shares of the semiconductor company to Reduce from Buy with a price target of $110. The analysts said AMD's road map for producing AI graphics processors "is less competitive than we previously thought." Super Micro fell over 5%; Micron Technology fell over 2%.
Quantum-computing stocks such as D-Wave Quantum, down 36%; Quantum Computing, down 43%; Rigetti Computing, down 45%; and IONQ Inc. down 39%, tumbled after Nvidia's Huang said "very useful" quantum computers won't be viable for 15 to 30 years. "If you kind of said 15 years for very useful quantum computers, that would probably be on the early side. If you said 30, it's probably on the late side," Huang said in a Q&A session during Nvidia's analyst day. "If you picked 20, I think a whole bunch of us would believe it."
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- MrzorroΒ·01-09Thank you, @Daily_Discussion , for the tiger coins.LikeReport