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๐Ÿ“Š Super Micro Computer $SMCI is now the most overvalued stock in the S&P 500 according to FactSet

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๐Ÿ‡จ๐Ÿ‡ณ๐Ÿ‡บ๐Ÿ‡ธChina ready to attack US infrastructure, says FBI - Reuters

China has "gained access to... telecommunications, energy, water and other critical sectors, with 23 pipeline operators targeted," says FBI Director Christopher Wray

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๐Ÿ“‰๐Ÿ“‰ JUST IN: NVIDIA share price fell 10% today, wiping out $213 billion in value.

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๐Ÿ‡บ๐Ÿ‡ธ USA to forge AI partnership with Nigeria๐Ÿ‡ณ๐Ÿ‡ฌ for economic growth.

The partnership aims to strengthen economic ties and ensure that #AI deployment is safe, secure, transparent, and trustworthy.

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๐Ÿšจ๐Ÿšจ๐Ÿšจ High Cap Tech Stocks have seen nearly all of their year-to-date gains wiped out in a single week ๐Ÿ“‰๐Ÿ“‰

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๐Ÿ“‰ Warren Buffett vs. Cathie Wood ๐Ÿ“ˆover the last 3 years.

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๐Ÿ“‰๐Ÿ“‰ Jim Cramer has said that the market hasnโ€™t reached a real bottom yet, per CNBC.

CNBCโ€™s Jim Cramer examined Thursdayโ€™s action, saying the market has not yet reached a bottom. He implored investors to stop buying at the beginning of the session, warning that itโ€™s now not necessarily the right move to buy on the dip at that time.

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๐Ÿ‡จ๐Ÿ‡ณ China writes off interest-free loans given to ๐Ÿ‡ฟ๐Ÿ‡ผ Zimbabwe

China has written off an unspecified amount of Zimbabwe's interest-free loans and pledged to help the Southern African country find a way out of its debt crisis, even as activists warned of a permanent debt trap.

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๐Ÿ“‰๐Ÿ“‰๐Ÿ“‰ Hedge Funds increased ETF short positions by largest amount in 20 months according to Goldman Sachs

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๐Ÿ‡บ๐Ÿ‡ธ Federal Reserve Chair Jerome Powell said this week that recent inflation data have indicated it will likely take longer for the central bank to attain the confidence needed to lower interest rates, per Bloomberg.

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๐Ÿ“Š Markets this month:

1. Tech stocks are falling like the AI bubble has popped

2. All other stocks are rising like we are in a bull market

3. Gold prices are rising like we are entering World War 3

4. Bond prices are falling like everything is completely fine

5. Oil prices are rising like inflation is heading to 5%

6. US Dollar is rising like inflation is completely gone

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BREAKING: ๐Ÿ‡บ๐Ÿ‡ธ The U.S. House has approved the bill banning TikTok in the U.S.

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BREAKING: ๐Ÿ‡บ๐Ÿ‡ธ U.S. House approves $61 billion in aid for ๐Ÿ‡บ๐Ÿ‡ฆ Ukraine

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๐Ÿ‡ท๐Ÿ‡บ Russia says the $61 billion US funding package for Ukraine will k*ll even more Ukrainians.

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๐Ÿšจ๐Ÿšจ๐Ÿšจ JUST IN: US House Speaker Johnson says that China's ๐Ÿ‡จ๐Ÿ‡ณ president Xi Jinping, Russia's ๐Ÿ‡ท๐Ÿ‡บ Putin and Iran ๐Ÿ‡ฎ๐Ÿ‡ท are 'truly the axis of evil'.

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Forwarded from AI News
๐Ÿ‡บ๐Ÿ‡ธ USA to forge AI partnership with Nigeria ๐Ÿ‡ณ๐Ÿ‡ฌ for economic growth.

The partnership aims to strengthen economic ties and ensure that AI deployment is safe, secure, transparent, and trustworthy.

@News_AI | link
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๐Ÿ“ฃ Nike $NKE CEO John Donahoe said employees working from home was a major reason for the companyโ€™s recent lack of bold innovation

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๐Ÿ‡บ๐Ÿ‡ธ Donald Trump said with Israel... "could end up in a World War."

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๐Ÿ‡บ๐Ÿ‡ธ Trump Media warns Nasdaq of suspected market manipulation

Trump Media, the parent company of the former presidentโ€™s Truth Social, alerted Nasdaq Inc. on Thursday of what the company suspects is illegal activity driving down the price of its shares.

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๐Ÿšจ๐Ÿšจ๐Ÿšจ On Friday, Nvidia, $NVDA, fell by 10% and posted its biggest daily decline since March 2020. ๐Ÿ“‰๐Ÿ“‰๐Ÿ“‰

Nvidia erased ~$212 billion in market cap which marked the SECOND worst daily loss in history.

Only Meta, $META, has seen a larger daily decline when its market cap plunged by $232 billion in February 2022.

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๐Ÿ“Š Key Events This Week:

1. March New Home Sales data - Tuesday

2. Durable Goods Orders data - Wednesday

3. US Q1 2024 GDP data - Thursday

4. March Pending Home Sales data - Thursday

5. March PCE Inflation data - Friday

6. ~20% of S&P 500 companies report earnings this week

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