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- Stonks: $NVDA earnings, Fed reserve, and $BNTX
Stonks: $NVDA earnings, Fed reserve, and $BNTX
Here’s the latest “under the radar” stock news from Reddit in the last 24 hours that you don’t want to miss, as picked by Fluid Bot’s AI. And don’t miss out on the $NVDA earnings deep dive coming in tomorrow’s update!
Here’s some other headlines we couldn’t squeeze in:
Nvidia reported a 262% jump in sales
Nvidia beat expectations for sales and earnings
Nvidia stock rose slightly in extended trading
Nvidia will split its stock 10 to 1
Nvidia expects sales of $28 billion in the current quarter
Federal Reserve officials expressed concerns over lack of progress on inflation at their most recent meeting
Minutes from the meeting showed willingness to tighten policy further if needed
Inflation has been more stubborn than expected, with prices running well above the Fed's 2% target
Concerns about consumers facing financial pressure and resorting to risky forms of financing
Markets are lowering rate-cut expectations, with first reduction possibly in September
Federal Reserve Governor Christopher Waller does not expect rate hikes, need to see good data before voting to cut
Fed Chair Jerome Powell maintains patient approach as inflation remains high
Company is set to present clinical updates at a conference in May
CEO is excited about progress
The company has a cash hoard of $17 billion
Company has a net loss of less than $500 million per year
Identified as a top pick by Barrons
Down 18% since being identified as a top pick
Recommended as a clear buy
Stock is in a bottom pattern with tight range build
Potential breakout expected