The company posted better than expected results in the first quarter of FY2022 (FY ends on Friday closest to November 30), with revenues increasing 9% y-o-y to $4.2 billion. The daily price is located below Ichimoku cloud in the bearish area of the chart. The price is breaking 408 support level to below for the strong primary bearish trend to be continuing. more...
The US Dollar (via the DXY Index) closed last week at its highest level in two years, and a lot of that has to do with the Federal Reserve. more...
Crude oil prices weakened as a stronger US Dollar and another drop in the S&P 500 undermined the sentiment-linked commodity. All eyes are on US GDP and the Fed’s preferred inflation gauge next. more...
Nvidia will reportedly be taking a no holds barred approach with its upcoming AD102 “Ada Lovelace” die. We’ve previously reported on the insane power requirements that are rumored for Nvidia’s next-gen GPUs, but Moore’s Law is Dead on YouTube says they are confirmed based on ...
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