News
![Nvidia Has Finally Gotten Legshttp://developer.download.nvidia.com/compute/cuda/4_2/rel/toolkit/docs/online/nvidia_logo.jpg: http://s3-eu-west-1.amazonaws.com/sharewise-dev/attachment/file/12158/nvidia_logo.jpg](https://www.sharewise.com/rails/active_storage/representations/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaHBBa1FDIiwiZXhwIjpudWxsLCJwdXIiOiJibG9iX2lkIn19--2ecc072f456c94ff8fd197809e0569e0ee6c8d67/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaDdCam9MY21WemFYcGxTU0lKTXpVd2VBWTZCa1ZVIiwiZXhwIjpudWxsLCJwdXIiOiJ2YXJpYXRpb24ifX0=--aa36f503a05c343bf077379e5dc8bce118d9db18/nvidia_logo.jpg?locale=us)
Nvidia Has Finally Gotten Legs
In his Daily Market Notes report to investors, Louis Navellier wrote:
With earnings season in the rearview mirror, and the Fed quiet for the time being, we're back to focusing on interest rate
![Gold Stocks: Make History Rhyme In Your Favor: https://www.valuewalk.com/wp-content/uploads/2023/08/Gold-Stocks-3.jpg](https://www.sharewise.com/rails/active_storage/representations/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaHBBK09BYXc9PSIsImV4cCI6bnVsbCwicHVyIjoiYmxvYl9pZCJ9fQ==--9cc0c7970ea51bf29b71c617e933563e117e0c6c/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaDdCam9MY21WemFYcGxTU0lKTXpVd2VBWTZCa1ZVIiwiZXhwIjpudWxsLCJwdXIiOiJ2YXJpYXRpb24ifX0=--aa36f503a05c343bf077379e5dc8bce118d9db18/Gold-Stocks-3.jpg?locale=us)
Gold Stocks: Make History Rhyme In Your Favor
They say that the history rhymes and that’s generally true. Sometimes, the rhymes are almost identical. Like right now in the miners.
You see, the thing (that I let my subscribers know about in
![Supra Introduces a Cross-chain Bridgeless Technology — HyperNova — that Enables Secure Blockchain Interoperabilityhttp://www.datamart.de/referenzen/veranstaltungen/7oracledatawarehousekonferenz/PublishingImages/oracle.jpg: http://s3-eu-west-1.amazonaws.com/sharewise-dev/attachment/file/12159/oracle.jpg](https://www.sharewise.com/rails/active_storage/representations/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaHBBckVCIiwiZXhwIjpudWxsLCJwdXIiOiJibG9iX2lkIn19--c030daf7c11f6d5e7fd99e0764bce25093fcde3c/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaDdCam9MY21WemFYcGxTU0lKTXpVd2VBWTZCa1ZVIiwiZXhwIjpudWxsLCJwdXIiOiJ2YXJpYXRpb24ifX0=--aa36f503a05c343bf077379e5dc8bce118d9db18/oracle.jpg?locale=us)
Supra Introduces a Cross-chain Bridgeless Technology — HyperNova — that Enables Secure Blockchain Interoperability
Zug, Switzerland, August 28th, 2023, Chainwire
Supra, a leading blockchain organization that provides Oracle and Verifiable Random Function (VRF) services, today announced the creation of
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Ten Ways To Save Money & Budget When Working From Home
For the millions of employees who are still lucky enough to work from home, despite droves of employees being summoned back into the office over the last several months, it’s time to re-evaluate
![S&P 500 Reversal Creeping In: https://www.valuewalk.com/wp-content/uploads/2023/08/STS-1-SP-500-12.jpg](https://www.sharewise.com/rails/active_storage/representations/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaHBBN2FBYXc9PSIsImV4cCI6bnVsbCwicHVyIjoiYmxvYl9pZCJ9fQ==--256130bcfe64b241209fed21eb55d3add4d3ff99/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaDdCam9MY21WemFYcGxTU0lKTXpVd2VBWTZCa1ZVIiwiZXhwIjpudWxsLCJwdXIiOiJ2YXJpYXRpb24ifX0=--aa36f503a05c343bf077379e5dc8bce118d9db18/STS-1-SP-500-12.jpg?locale=us)
S&P 500 Reversal Creeping In
With 10y yield retreating back to 4.20%, stocks had an easier time retracing Friday‘s hit, and then some. No technically important level had been breached on a closing basis (neither 4,447, nor
Market Finds New Leadership As Nvidia Loses Momentum
In his Daily Market Notes report to investors, Louis Navellier wrote:
Friday's rebound continues on the open. Investors are ready to put August behind them.
New Leadership
The market is
![Stargate Deploys to Kava Chain Unifying Cosmos-Ethereum Liquidity](/assets/news/news1-f26f2455ece0c3cbea64441818e795358cadddddb27e796f883ae2bd06f66139.png)
Stargate Deploys to Kava Chain Unifying Cosmos-Ethereum Liquidity
Georgetown, Cayman Islands, August 28th, 2023, Chainwire
Stargate, the leading omnichain liquidity layer, and native asset bridge with over $18 billion in lifetime transaction volume, has now
![S&P 500 – Jackson Hole Second Thoughts: https://www.valuewalk.com/wp-content/uploads/2023/08/STS-4-Crude-Oil-9.jpg](https://www.sharewise.com/rails/active_storage/representations/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaHBBNUIvYXc9PSIsImV4cCI6bnVsbCwicHVyIjoiYmxvYl9pZCJ9fQ==--1455bcdc7dd7840a383d373c885e5644b745fab2/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaDdCam9MY21WemFYcGxTU0lKTXpVd2VBWTZCa1ZVIiwiZXhwIjpudWxsLCJwdXIiOiJ2YXJpYXRpb24ifX0=--aa36f503a05c343bf077379e5dc8bce118d9db18/STS-4-Crude-Oil-9.jpg?locale=us)
S&P 500 – Jackson Hole Second Thoughts
Powell was firm in his "job not done" inflation fight, but stocks duly declined only in the beginning. Rising to break even 4,415, but not making it above another resistance of 4,432. While the
![Compelling Reasons NVIDIA Will Rise Another 50%: https://www.valuewalk.com/wp-content/uploads/2023/08/NVDA-1.jpg](https://www.sharewise.com/rails/active_storage/representations/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaHBBMUIrYXc9PSIsImV4cCI6bnVsbCwicHVyIjoiYmxvYl9pZCJ9fQ==--261cd6ca9ba5f0248fda1f7c688cfeee0c609a0c/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaDdCam9MY21WemFYcGxTU0lKTXpVd2VBWTZCa1ZVIiwiZXhwIjpudWxsLCJwdXIiOiJ2YXJpYXRpb24ifX0=--aa36f503a05c343bf077379e5dc8bce118d9db18/NVDA-1.jpg?locale=us)
Compelling Reasons NVIDIA Will Rise Another 50%
NVIDIA Corp (NASDAQ:NVDA) shocked the world with its Q1 results and issued equally shocking Q2 results. The takeaway is that NVIDIA is cemented as the leading player in AI during this early phase
![Spatial Computing Is Potentially A $50B Plus Industry: https://www.valuewalk.com/wp-content/uploads/2023/08/Spatial-Computing-IG.jpg](https://www.sharewise.com/rails/active_storage/representations/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaHBBMGQrYXc9PSIsImV4cCI6bnVsbCwicHVyIjoiYmxvYl9pZCJ9fQ==--1182e1cc40984843fd2c88f27e45fbecb020b9be/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaDdCam9MY21WemFYcGxTU0lKTXpVd2VBWTZCa1ZVIiwiZXhwIjpudWxsLCJwdXIiOiJ2YXJpYXRpb24ifX0=--aa36f503a05c343bf077379e5dc8bce118d9db18/Spatial-Computing-IG.jpg?locale=us)
Spatial Computing Is Potentially A $50B Plus Industry
The paradigm of the AR/VR B2C industry is evolving at an astounding pace. Forecasts peg the value at $31.12 billion for 2023, with predictions highlighting a phenomenal 67% growth to reach $52.05
Intuit Delivers Solid Results Amid Tough Macro
Intuit (NASDAQ:INTU) shares traded modestly lower on Friday despite the company developing financial software products reporting better-than-expected results for its fourth quarter.
It could be
![S&P 500 Retracement – Jackson Hole Game Plan: https://www.valuewalk.com/wp-content/uploads/2023/08/STS-1-SP-500-10.jpg](https://www.sharewise.com/rails/active_storage/representations/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaHBBeTUrYXc9PSIsImV4cCI6bnVsbCwicHVyIjoiYmxvYl9pZCJ9fQ==--e0775ac84360104adcb93acf2b9dc9788e574b21/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaDdCam9MY21WemFYcGxTU0lKTXpVd2VBWTZCa1ZVIiwiZXhwIjpudWxsLCJwdXIiOiJ2YXJpYXRpb24ifX0=--aa36f503a05c343bf077379e5dc8bce118d9db18/STS-1-SP-500-10.jpg?locale=us)
S&P 500 Retracement – Jackson Hole Game Plan
Stocks duly reversed the NVIDIA Corp (NASDAQ:NVDA) earnings and guidance euphoria, breaking even 4,425 with ease. Even the old 4,385 support from from many weeks ago, was reached – I didn‘t count
![New Memecoin SINU Aims to Attract SHIB Whales](/assets/news/news12-a6c8e663da6f66e4f8b76885d84b91bc276bfd92fd8727e9ade1f1d9f4df9b67.png)
New Memecoin SINU Aims to Attract SHIB Whales
Dubai, UAE, August 25th, 2023, Chainwire
Sensei Inu, a new memecoin, has launched its presale and onchain analysis suggests that SHIB whales could be claiming their share. Whales exiting SHIB may
![UNITH erhält Auftrag für KI-basierte digitale Menschen in 14 Ländern](/assets/news/news13-125fa69a38b6955d740c18f7e750c42a3317f6873eded3044187d2ece3aa0ac7.png)
UNITH erhält Auftrag für KI-basierte digitale Menschen in 14 Ländern
21. August 2023 / IRW-Press / – Unith Ltd (ASX: UNT | FWB: CM3) („UNITH“ oder das „Unternehmen“) freut sich, bekanntgeben zu können, dass es eine öffentliche Ausschreibung der Alliance for
![UNITH wins contract for AI-Based Digital Humans in 14 countries](/assets/news/news14-e52b56a6adda780de8ab40d75cabe14dcfa77fc9676e986401297a29e68c991e.png)
UNITH wins contract for AI-Based Digital Humans in 14 countries
21 August 2023 – Unith Ltd (ASX: UNT | FWB: CM3) (“UNITH” or the “Company”) is pleased to announce it has won a public tender to deliver an artificial intelligence solution for the Alliance
![Dr. Reuter Investor Relations - Trotz Wirtschaftsflaute: Digitale Werbung bleibt auf Wachstumskurshttp://www.flickr.com/photos/26137033@N04/2510041943/sizes/m/in/photostream/: All rights reserved by Techreef](https://www.sharewise.com/rails/active_storage/representations/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaHBBcXdCIiwiZXhwIjpudWxsLCJwdXIiOiJibG9iX2lkIn19--888d08c604372321f074c93b1f405365eb0a80ac/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaDdCam9MY21WemFYcGxTU0lKTXpVd2VBWTZCa1ZVIiwiZXhwIjpudWxsLCJwdXIiOiJ2YXJpYXRpb24ifX0=--aa36f503a05c343bf077379e5dc8bce118d9db18/Microsoft.jpg?locale=us)
Dr. Reuter Investor Relations - Trotz Wirtschaftsflaute: Digitale Werbung bleibt auf Wachstumskurs
Die Beratungsgesellschaft PwC geht in einer neuen Studie davon aus, dass die globalen Einnahmen aus digitaler Werbung bis 2027 auf 663 Milliarden US-Dollar zulegen werden. Das sind gute
Why Has PayPal Launched A US Dollar Stablecoin?
- The announcement that PayPal launched its own US dollar-backed stablecoin was met with mixed reactions.
- To address the questions around why PayPal has launched PYUSD, FXC Intelligence has today
![Yields Haven’t Given Up: https://www.valuewalk.com/wp-content/uploads/2023/08/STS-4-Crude-Oil-4.jpg](https://www.sharewise.com/rails/active_storage/representations/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaHBBNE4zYXc9PSIsImV4cCI6bnVsbCwicHVyIjoiYmxvYl9pZCJ9fQ==--638f2e518d8a115590d0d7562a9b91ede0e9289b/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaDdCam9MY21WemFYcGxTU0lKTXpVd2VBWTZCa1ZVIiwiZXhwIjpudWxsLCJwdXIiOiJ2YXJpYXRpb24ifX0=--aa36f503a05c343bf077379e5dc8bce118d9db18/STS-4-Crude-Oil-4.jpg?locale=us)
Yields Haven’t Given Up
10y tested the top at 4.33%, and retreated back to the 4.23% support – but S&P 500 kept declining yesterday. The dollar and real assets were though less determined to move correspondingly, which
![S&P 500 To Correct Some More: https://www.valuewalk.com/wp-content/uploads/2023/08/STS-1-SP-500-7.jpg](https://www.sharewise.com/rails/active_storage/representations/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaHBBMUYyYXc9PSIsImV4cCI6bnVsbCwicHVyIjoiYmxvYl9pZCJ9fQ==--03eab1d130b20da8cc2941b12af6eea034c62e59/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaDdCam9MY21WemFYcGxTU0lKTXpVd2VBWTZCa1ZVIiwiZXhwIjpudWxsLCJwdXIiOiJ2YXJpYXRpb24ifX0=--aa36f503a05c343bf077379e5dc8bce118d9db18/STS-1-SP-500-7.jpg?locale=us)
S&P 500 To Correct Some More
If anything, 10y proved it doesn‘t want to top yet at 4.28%, and all the relief rallies in S&P 500 and Nasdaq failed. Orderly day of selling is the proper conclusion when looking at the daily
Will Meta’s Pullback Offer Buy Point After AI-Driven Surge?
Key Points
- Meta’s pivot to AI, away from the Metaverse, has resulted in triple-digit 2023 price growth.
- After a long rally, the stock’s current pullback could offer a new buy point.
- Wall
![Searches For ‘Delete Snapchat’ Explode 1,019%: https://www.valuewalk.com/wp-content/uploads/2023/08/Delete-Snapchat-2.png](https://www.sharewise.com/rails/active_storage/representations/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaHBBMTkxYXc9PSIsImV4cCI6bnVsbCwicHVyIjoiYmxvYl9pZCJ9fQ==--3cc0d1ccfbd52ce99a7ed431c30689c7370a27a9/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaDdCam9MY21WemFYcGxTU0lKTXpVd2VBWTZCa1ZVIiwiZXhwIjpudWxsLCJwdXIiOiJ2YXJpYXRpb24ifX0=--aa36f503a05c343bf077379e5dc8bce118d9db18/Delete-Snapchat-2.png?locale=us)
Searches For ‘Delete Snapchat’ Explode 1,019%
Searches for ‘delete Snapchat’ explode 1,019% as controversial ‘My AI’ feature terrifies users after posting stories and ignoring messages
Online Searches For Delete Snapchat Skyrocket
![S&P 500, Yields Top and China: https://www.valuewalk.com/wp-content/uploads/2023/08/STS-4-Crude-Oil-3.jpg](https://www.sharewise.com/rails/active_storage/representations/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaHBBeDUxYXc9PSIsImV4cCI6bnVsbCwicHVyIjoiYmxvYl9pZCJ9fQ==--b44045d7db08c75b0934ac7f7df7d9464376237e/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaDdCam9MY21WemFYcGxTU0lKTXpVd2VBWTZCa1ZVIiwiZXhwIjpudWxsLCJwdXIiOiJ2YXJpYXRpb24ifX0=--aa36f503a05c343bf077379e5dc8bce118d9db18/STS-4-Crude-Oil-3.jpg?locale=us)
S&P 500, Yields Top and China
Similarly to Thu CPI, S&P 500 couldn‘t maintain a modest retracement following the disappointing manufacturing data, but still strong retail sales. Tech failed to react to the reversal in yields
![MercadoLibre’s Earnings Soar: Robust Growth Story in the Making: https://www.valuewalk.com/wp-content/uploads/2023/05/Stock-Going-Up-300x150.jpeg](https://www.sharewise.com/rails/active_storage/representations/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaHBBNUl1YXc9PSIsImV4cCI6bnVsbCwicHVyIjoiYmxvYl9pZCJ9fQ==--cd7f3956581a0157b2fe41b44c77b973214c8bb5/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaDdCam9MY21WemFYcGxTU0lKTXpVd2VBWTZCa1ZVIiwiZXhwIjpudWxsLCJwdXIiOiJ2YXJpYXRpb24ifX0=--aa36f503a05c343bf077379e5dc8bce118d9db18/Stock-Going-Up-300x150.jpeg?locale=us)
MercadoLibre’s Earnings Soar: Robust Growth Story in the Making
Key Points
- Uruguay-based MercadoLibre boasts a bullish chart and stellar earnings estimates. Analysts expect earnings to more than double this year.
- MercadoLibre’s Q2 fintech revenue
![Interest Rates Seem Bipolar As They Dip Overnight](/assets/news/news10-be520e400538f920c1970757e43cd0aa35625c1095be243829bb7a152346bd95.png)
Interest Rates Seem Bipolar As They Dip Overnight
In his Daily Market Notes report to investors, Louis Navellier wrote:
Gimme Shelter
Stocks opened lower as they did yesterday, and tech is once again trying to pull up the market, as investors
![S&P 500 Bearish Turn: https://www.valuewalk.com/wp-content/uploads/2023/08/STS-3-Gold-6.jpg](https://www.sharewise.com/rails/active_storage/representations/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaHBBOEZ6YXc9PSIsImV4cCI6bnVsbCwicHVyIjoiYmxvYl9pZCJ9fQ==--4975cbaeb75af387c376f29c4830730a4e950ed6/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaDdCam9MY21WemFYcGxTU0lKTXpVd2VBWTZCa1ZVIiwiZXhwIjpudWxsLCJwdXIiOiJ2YXJpYXRpb24ifX0=--aa36f503a05c343bf077379e5dc8bce118d9db18/STS-3-Gold-6.jpg?locale=us)
S&P 500 Bearish Turn
S&P 500 made that tech driven upswing I cautioned you yesterday about, only to keep declining overnight in preparation for retail sales and Emire State manufacturing data. I don‘t see them as