Snowflake Beats Revenue Estimates and Gives Upbeat Forecast
(Bloomberg) -- Snowflake Inc., the software company with 2020’s biggest U.S. initial public offering
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- I don't think the oil price can hit $100 as it will cause huge inflation which US government and Federal would not like to see. Hence, US can use all its tools such as allowing more shale oil or signing deals with Iran. Lastly, don't forget US has tremendous power in OPEC+, US can let them produce more barrels per day.Oil could spike above $100 next year, Bank of America says
Oil could spike above $100 next year, Bank of America says
Oil could hit $100 per barrel next year as demand outstrips supply, according to Bank of America. Th - Tencent's stock has corrected more than 20% of its 2021 highs.The sell-off doesn't appear to be due to anything wrong with Tencent's business, but rather outside factors such as inflation fears, growing U.S.-China tensions, and the ongoing anti-monopoly crackdown in China. Yet with a strong, diverse, and growing business, along with a lower stock price, Tencent looks like a solid value at today's prices, as the above concerns appear baked into its stock price.This Big Tech Stock Is Always on Sale
This Big Tech Stock Is Always on Sale
Tencent’s anchor shareholder Prosus has revealed the value of its $39 billion portfolio of startups— - Asml is best company in lithography field which is the most important process for making the semiconductor devices smaller and smaller. Without it, TSMC and Samsung are unable to produce semiconductor chips with less than 14 nm. Hence, buy Asml if its shareprice dropped and then hold for long.ASML: The Market Could Be Underestimating Its Potential
ASML: The Market Could Be Underestimating Its Potential
Summary The Semiconductor sector is forecasted to grow at a CAGR of 8.6% through 2028. DUV lithogra - Tapering may come soonFed holds rates steady, but raises inflation expectations sharply and makes no mention of taper.
Fed holds rates steady, but raises inflation expectations sharply and makes no mention of taper.
U.S. stocks dropped to their session lows on Wednesday after the Federal Reserve raised its inflation expectations and moved up the time frame on when it will hike interest rates next.The Dow Jones Industrial Average fell 320 points. The S&P 500 traded 0.7% lower after hitting an all-time high in the previous session. The tech-heavy Nasdaq Composite erased earlier gains and traded 0.5% lower.Nine out of 11 S&P 500 sectors traded in the red, led to the downside by communication services and finan - Looking forward to the FOMC announcement, but most likely FED will continue the current monetary policy and Nasdaq can hit new high.FOMC Preview: "It's Like The Titanic Running At Full Speed. In Fog. At Night"
FOMC Preview: "It's Like The Titanic Running At Full Speed. In Fog. At Night"
Perhaps it's prudent to ease up on the throttle.
