) in the shortened trading session. The S&P 500 and Nasdaq Composite accelerate into new record highs, just after the S&P 500 broke through 5,500 in yesterday's session.Let's see where the major averages ended up here for the day.
When you think about the biggest contributor here, at least to the S and PS gains, you look at NVIDIA closing just around 4.5% when you take a look at that three day charts and that momentum that we have seen for NVIDIA. But all in all, I just bring it to the fact that July the 1st 10 trading days of July the most bullish of the year when you take into consideration the beginning of a month or an end of a month.Not a lot of surprise to see the bulls in charge here.
Obviously, we, we, we're getting a contentious election coming up, who knows who the the candidates are officially gonna be on the, on the Democratic side after the news today.But if you look historically, statistically speaking, second half on a, on a election year, presidential election year and on a year, that's been this strong, you typically get decent performance in the back half.
Certainly, investors are going to be paying attention to Q two and, and how those earnings go Q four of last year, Q one of this year has been strong so far. Powell was commenting on it uh earlier this week out of Portugal saying that he has been encouraged by that progress.I guess, how are you evaluating that as you lay out some of those opportunities that you're finding within the market.
I'm curious what kind of insight you can give us just in terms of the ability, I guess the ease at which you have been able to 100% manufacture your items within the US and, and some of the biggest challenges maybe that you have had faced running up here and to ultimately uh reaching the significant partnership here with Walmart.You know, the the US textile base has been under a lot of pressure over the last 35 years, is so much of offshoring has hit that industry particularly hard.
I'm just curious um first is what, why, you know, it was so important Bayer to you to, to make the product here in America.
So we begin to give good opportunities to those towns, those cities that want to have good, viable and dignified work.Um But, but maybe to the root of your question, it make it costs more to make things in the United States.And it really was out of reach for a lot of working Americans that need to have access to good quality products, ideally good quality American made products at places that make sense for them.
So I I'll leave it there, but I think there's a lot of interest um but there's been confusion about how to do it.And so hopefully that's gonna encourage others to join in all.Are you, have you been able to hire the workers that you need to expand at the rate at which you were hoping to do?And so we've been pretty lucky in that regard that there's a lot of talented workers that are looking for good durable jobs by and large.
And so we're seeing at the high end of at least in our business, some pressure, we have a lot more activity at the lower end of our pricing paradigm and we expect to see that follow through in this Walmart Partnership as well.But A I could soon change all that.Josh, we're expected to see some big announcements from major companies in the coming weeks.Uh is Samsung which is going to host its Galaxy unpacked event in Paris on July 10th.
Uh and so the companies really seem to be uh wanting to push A I front and center as the main reason for their new phones. Uh And so what I'm looking for for Samsung to do is to provide some kind of broader ecosystem features that would fit with generative A I. And there's still a wide gap between the two X A and March and it sees around 550 million users monthly here.Yeah, I'm not, let's just say, I'm not really surprised that we haven't seen dramatic growth here over the last year.Elon Musk vows Bill Gates will be ‘obliterated’ if he doesn’t stop shorting Tesla
Switzerland Neuesten Nachrichten, Switzerland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Herkunft: BNNBloomberg - 🏆 83. / 50 Weiterlesen »