Anyone investing heavily this year??
- Thread starter rph2005
- Start date
Have you been to a Chipotle lately? Looks run down and giving small portions.
I just made a big position on Intel. I’m hanging in for the long run!
Yeah, I’m doing the same because I love me some stock splits. When Visa split to $69, I hopped in and had no regrets considering I’m up 4xs.
I bought up Nvidia today on there split. It will go down, but rest assured it’s going back up.
They had a slight dip today. Curious what this means for Apple long term.
Today was a sell the news event. They'll be fine.
Rocket Lab signs preliminary terms for $23.9M in proposed CHIPS Act funding (NASDAQ:RKLB)
Rocket Lab (RKLB) signs preliminary terms to receive up to $23.9M under the CHIPS Act for semiconductor production expansion and job creation in the US.
seekingalpha.com
@HellBoy
Their purchase of SolAero has been paying dividends since day one.Rocket Lab signs preliminary terms for $23.9M in proposed CHIPS Act funding (NASDAQ:RKLB)
Rocket Lab (RKLB) signs preliminary terms to receive up to $23.9M under the CHIPS Act for semiconductor production expansion and job creation in the US.
@HellBoy
Rocket Lab signs preliminary terms for $23.9M in proposed CHIPS Act funding (NASDAQ:RKLB)
Rocket Lab (RKLB) signs preliminary terms to receive up to $23.9M under the CHIPS Act for semiconductor production expansion and job creation in the US.
@HellBoy
That's big getting money from the CHIPS ACT...
True... And better yet, in my mind: continued positive momentum doing real things with actual contracts/agreements in place with the big players in different spaces.
All apple did was bring the iphone up to modern times. I think the biggest effect this will have will be on society, critical thinking is about to take a dive because of AI
Yup i was. It runs with Nvidia. I did the same shit. I Watched it run up lol
cosign
What's going on with AMD, it has been down for some time??
Honestly, investors want to see the AI money. Can't keep guiding $5-6B with $NVDA doing 4x that. They keep saying 2H '24... So it's a waiting game; sideways action. But if it does drop significantly, I'm buying (assuming Taiwan is still standing).
nice
Yeah I watched NVDA run and I had to go all in on the split. 2024, is the year I’m going to stop looking….
same LOL!I caved in and bought some NVDA (5 shares to start).
i couldn't stand it any more lol
Gotta start somewhereI caved in and bought some NVDA (5 shares to start).
Taylor Swift’s London Eras Tour could delay Bank of England rate cut, analysts say
- Taylor Swift’s record-shattering Eras Tour is continuing to supercharge local economies as it enters its U.K. leg.
- The economic impact could be enough to defer a possible September interest rate cut from the Bank of England, investment bank TD Securities said in a note Friday.
- “Swiftflation” or “Swiftonomics” refers to an uptick in consumer spending, particularly on hotels and restaurants, around the singing sensation’s tour dates.
LONDON — Taylor Swift’s record-shattering Eras Tour is continuing to supercharge consumer spending as it enters its U.K. leg, suggesting that the Bank of England may not be out of the woods yet in its fight against inflation.
As hundreds of thousands of dedicated Swifties flock to London in August to see the singing sensation during her final U.K. dates, the economic boost could be enough to defer a possible September interest rate cut, according to investment bank TD Securities.
“We still anticipate a BoE cut in August, but the inflation data for that month might keep the MPC (Monetary Policy Committee) on hold in September,” the bank’s macro strategist, Lucas Krishan, and its head of global macro strategy, James Rossiter, wrote in a note Friday.
The Bank of England is expected to soon begin lowering its bank rate from a 16-year high of 5.25%, with all but two of 65 economists polled by Reuters anticipating a cut in August, while financial markets are pricing in September.
However, a possible clash between one of Swift’s August tour dates and a key inflation index day could skew the data enough to make the bank rethink its path, the analysts said.
“A surge in hotel prices then could be material, temporarily adding as much as 30bps to services inflation (+15bps on headline),” Krishan and Rossiter wrote.
The BOE did not respond specifically to the comments when contacted by CNBC, but said that “the MPC look at a wide range of economic indicators when they make their decisions on interest rates.”
Taylor Swift performs at Scottish Gas Murrayfield Stadium on June 07, 2024 in Edinburgh, Scotland.
Gareth Cattermole/tas24 | Getty Images Entertainment | Getty Images
The economic impact of Swift’s sell-out tour has been well documented, with terms such as “Swiftflation” and “Swiftonomics” emerging to refer to the spike in spending on services such as hotels, flights and restaurants around her performances.
Edinburgh, Scotland, where the Grammy winner began her U.K. leg earlier this month, said that the concerts and associated spending had added up to an estimated £77 million ($98 million) to the local economy. In a separate note, Barclays bank said the full U.K. tour could add an estimated £1 billion to the British economy.
TD Securities said the latest data pointed to a “larger than usual” uptick in hotel prices in the Scottish capital during Swift’s visit last weekend, while the upside pressure was less pronounced in Liverpool, where she culminated her northwest England leg on Thursday.
Swift is also due to perform in Cardiff, Wales, and London later this month. While Swift’s Cardiff date may coincide with a June inflation index day, the analysts said the impact was likely to be minimal given the relatively small size of the city.
The Bank of England will meet next Thursday to give its latest interest rate decision and provide its outlook on the future course for inflation.
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