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Welcome to Daily Discussion! This is the place for you to share your trading ideas and win coins!
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[Winners Announcement:16 Jan]
1.Here are the 6 Tigers whose post has the best quality & interaction yesterday: @Mickey082024 @yourcelesttyy @nerdbull1669 @JC888 @koolgal @Optionspuppy
Congratulations on being offered 50 Tiger Coins!
Is Google ๐คAI's ๐ฒ1 Trillion Valuation๐ฎ Justified?
2.Here are the stocks mentioned by the above Tigers: $Alphabet(GOOG)$ $Meta Platforms, Inc.(META)$ $SGX(S68.SI)$ $Bank of America(BAC)$ $Taiwan Semiconductor Manufacturing(TSM)$ (Not investment advice)
And let's congratulate these Tigers for winning 5-40 Coins:
Below are Today's Key Takeaways.
Top News Move the Market
The Dow Jones Industrial Average fell 68.42 points, or 0.16%, to 43,153.13, the S&P 500 lost 12.57 points, or 0.21%, to 5,937.34 and the Nasdaq Composite lost 172.94 points, or 0.89%, to 19,338.29.
$Taiwan Semiconductor Manufacturing(TSM)$ the primary manufacturer of advanced semiconductors, including those designed by Nvidia that are used for artificial-intelligence applications, reported fourth-quarter net profit rose 57% from a year earlier on demand for AI hardware. Revenue rose 39% from a year earlier to $26.35 billion. The company said it expects first-quarter revenue of between $25 billion and $25.8 billion, up from $18.87 billion a year earlier. U.S.-listed shares of the chip maker were up 3.9%.
Taiwan Semiconductor's report was boosting shares of other semiconductor companies. Applied Materials gained 4.5%, KLA Corp. rose 4.3%, and Lam Research rose 4%. Nvidia, however, was down 1.9%, while Advanced Micro Devices fell 1.3% after the stock was downgraded at Wolfe Research.
$Tesla Motors(TSLA)$ declined 3.4% after shares of the electric-vehicle company rose 8% on Wednesday and finished as the top stock in the S&P 500 during the session. The shares rallied after core consumer prices, excluding food and energy, rose at a slower pace than expected. The reading could keep the Federal Reserve on a path to lower interest rates and help make new cars more affordable.
$UnitedHealth(UNH)$ the nation's largest health insurance company, posted fourth-quarter adjusted earnings of $6.81 a share, beating analysts' estimates of $6.73. Revenue in the period of $100.8 billion missed expectations of $101.6 billion. The company's full-year medical loss ratio, a closely tracked metric that calculates the proportion of premiums that insurers pay out to cover medical expenses, was 85.5% compared with 83.2% in 2023. The stock fell 6%.
SpaceX loses Starship mid-flight, but catches booster again after launch
SpaceX launched the seventh test flight of its Starship rocket on Thursday, but lost communication with the upper stage of the rocket that continues on into space.
โWe can confirm that we did lose the ship,โ SpaceX senior manager of quality systems engineering Kate Tice said.
However the rocketโs โSuper Heavyโ booster returned to land back at the launch tower, in SpaceXโs second successful โcatchโ during a flight.
Tiger Community TOP10 Tickers
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All right, here is all the market information we would like to share with you๏ผ
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Happy trading aheadโฃ๏ธ Cheers BC ๐๐๐๐๐