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- Jun 10th Stock Market Update - Nvidia is still keeping the market afloat
Jun 10th Stock Market Update - Nvidia is still keeping the market afloat
$EPAM $CAVA $SMAR
Market
“Nvidia, TSM and ASML moved higher by 1% as did Broadcom, driven by higher semiconductor news on AI progress. At some point these stocks will head lower, but not today.” 😊 😋
All 3 indices were mostly high but slightly so, with tech stocks leading the way
Apple headed lower on the heels of its Worldwide developer conference with new updates to its iOS and Vision OS. Crowdstrike continued its move much higher after a terrific earnings 2 weeks ago.
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Technology is still the safer option especially in Semiconductor
Nvidia, Amazon and Meta up another 1% each drove the market higher for NASDAQ as the end of the earning season left few options for higher movement.
Insights from the portfolio
Video of the day
Today’s video is on Cava, $CAVA the Mediterranean and middle eastern quick service restaurant.