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Signal Summary

@signalsummary

Signal Summary: Your daily market edge 📈 Recaps at 6 PM + real-time insights, ETF trends, and sector breakdowns. Tweets are for informational purposes only.

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linkhttps://signalsummary.com/ calendar_today12-05-2024 18:27:50

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🚨Here are important financials that just came out Nvidia’s July-quarter sales hit $46.7B, up 56% YoY, roughly matching estimates. Data-center revenue also rose 56% to $41.1B, just shy of the $41.3B analysts expected. Nvidia posted $26.4B net income for the quarter, up 59%

🚨Here are important financials that just came out

Nvidia’s July-quarter sales hit $46.7B, up 56% YoY, roughly matching estimates.

Data-center revenue also rose 56% to $41.1B, just shy of the $41.3B analysts expected.

Nvidia posted $26.4B net income for the quarter, up 59%
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Snowflake is riding the AI wave! 🚀 FY26 product revenue raised to $4.40B (from $4.33B) Q2 product rev: $1.09B (in line) Booked rev: $6.9B (+33% YoY) Shares +11% after hours AI adoption & GenAI apps are fueling insane demand for Snowflake’s data platform!

Snowflake is riding the AI wave! 🚀

FY26 product revenue raised to $4.40B (from $4.33B)

Q2 product rev: $1.09B (in line)

Booked rev: $6.9B (+33% YoY)

Shares +11% after hours

AI adoption & GenAI apps are fueling insane demand for Snowflake’s data platform!
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🚨 $NVDA smashed earnings with a $54B Q3 forecast 📉 Stock still down ~1% pre-market on China export worries ->CEO Jensen Huang sees a multi-trillion dollar AI boom coming and is BULLISH

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🇫🇷 France’s Finance Minister says there is NO crisis ahead 📉 Confirms 2025 deficit targets still on track. Confidence vote coming next month

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🌡️ Canadian pension funds could see 50–60% return plunge by 2040 if warming hits 3.7°C, warns the oversight office. Climate change is being considered as a serious financial risk.

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Fed Governor Lisa Cook has decided to SUE Donald Trump and alleges that he violated the law by attempting to remove Cook from her post without a valid reason. The case sets up a legal battle which will test Trump's power over independent central bank's board

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The Philippine Central Bank lowered its policy rate for a third consecutive time as low inflation offers room for growth The repurchase rate and benchmark lending rate were lowered by 25 basis points to 5% and 5.75% respectively

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Commodity-backed ETFs are seeing record inflows as inflation fears persist. Gold, oil, and agriculture are the main targets. Are these the safe haven investors need in 2025?

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🚨 PepsiCo ups its stake in Celsius with a $585M deal! 🚨 $PEP now holds 11% of $CELH. This move comes as Celsius surges, with 7% jump in premarket. 🚀

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$BABA's AI sales soar 26% 🚀, yet a price war with JD & Meituan drags down operating income. Can AI save the day as e-commerce profits fall? 📉

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This is how a $1,000 investment in popular stocks 10 years ago would have grown today NVIDIA $NVDA : $310,000 Microsoft $MSFT: $12,023 Tesla $TSLA: $20,149 Apple $AAPL : $8,481 Google $GOOG: $6,806 Amazon $AMZN: $8,841 Netflix $NFLX: $10,271 Meta $META: $8,150