Nvidia tops Microsoft's market cap, weather risks' impact on housing: Market Domination

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Market Domination,Josh Lipton,Impact Of Climate Change

On today's episode of Market Domination, co-hosts Josh Lipton and Julie Hyman explore Nvidia's (NVDA) market cap dominance, trending tickers, and the impact ...

) as the most valuable publicly traded company. To provide insights into the semiconductor giant's meteoric rise, The Futurum Group Chief Market StrategistI'm Julie Hyman that Joli in live from our New York City headquarters.

So this morning's report for retail control, stripping out the volatile items is actually up 0.4% is a decent print.But at the moment, I don't think it's a worrying trend.We are looking for our sixties next year so we haven't seen that for a while. But companies like Dell, companies like Cisco that had absolutely fantastic runs and relatively a lot better financials than some of the companies that are being compared to had runs like this.

I think it tells us a lot about a lot, but I don't think it tells us anything about the sustainability of the growth. Do you think it's a cause for worry for investors when everybody seems to be on the same side of the boat? So it's reasonable to expect unreasonable demand coming from places we can't imagine for A I and therefore for NVIDIA.

Um um uh you know, up the stack, if you will um when it comes to software and services over the coming years, we we've only just begun, only just begun as the song says, Corey.Good to see you guys and you always, well, a number of Fed officials providing commentary on their perspectives on the policy rate and the economy.

The most recent inflation report was very encouraging and uh looks like, uh you know, if we can get confirmation on that and subsequent inflation reports that the, the committee will be able to move ahead with a rate cut. And so uh that's usually the way this is conceived and I actually think that's not too bad of a plan uh because you don't want to overshoot the target, you would like to ask him to, toward the 2% target have a nice, smooth, uh, process that goes back down to 2%.Uh, I don't think you want to get back into the below target, uh, inflation that we had in the 2010 to 2019 period.

Trying to wrestle with the issues of, uh you know, tech has eaten the business world a long time ago. Uh, honestly, I wouldn't want to be in Dave Callanan shoes today, Julie, this is a very tough situ, it's a no win situation because Boeing has so many problems that are not being addressed that, uh, there's no way he way he can win this and they haven't really gone back to their first fatal error.So uh he's doing the best he can.

I empathize with Calhoun, but it's not gonna get there and you can't have someone that doesn't understand the depths of engineering.Alan Mulally who went to Ford and saved Ford Bill. The company announcing it is adding three new manufacturing facilities in Silicon Valley and globally, the company says it is adding factories to support the growth of artificial intelligence and enterprise rack scale Liquid Cool Solutions noting a demand increase.According to the analysts who cover it, they're still very bullish.

There's something else I noticed though, which is that if you look at the correlation between Super micro and NVIDIA, it's pretty high correlation. He also did think it, it was good news for H Pe again, at least in theory, the idea of it because again, it's sort of comprehensive offering, we'll have to see what, what is the positive financial impact, you know, we we'll find out.Well, H pe shares are up this year but not as much as NVIDIA, for example, they're up like 30% or so.

One speaker was even suggesting they may need to see quarters of uh better inflation data before they're convinced. So when you talk about, you know, competition for, for allocation here, are you also having that conversation that equities are as much competition? Uh Let me ask you this, Steve, you know, let, let's say I'm listening, I'm a viewer, I'm listening here and I, I'm really in that sort of soft landing camp.Yeah, we're, we're seeing investors actually allocate this way.

We've talked about BB INC that product is now 3.2 billion and growing our Coco A fund is growing as well.Again, investors can use this alongside of index building blocks to really create a much more resilient portfolio.B of A security is coming out with a new note today on Dell maintaining its buy rating and noting sovereign A I demand as a large future opportunity.

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