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Episode 20: Rising yields and Salesforce dent AI optimism (except Nvidia)
Stock Highlights
- Nvidia (NVDA) – Grew into a monster, topping $2.8T in market cap. The company rallied the WHOLE value of the worlds biggest bank, JP Morgan, in less than a week
- Salesforce (CRM) share price slumped 20% as the company said clients are scaling back
- BHP Group (BHP) – abandoned its $74 billion takeover bid for Anglo American, following Anglo’s refusal to extend the deadline further
Trade of the Week
- Short S&P500 Warrants (SPFKOW) – The US market looks vulnerable, heres how to take advantage
