- Fucked Finance
- Posts
- Monday Market Open
Monday Market Open
Dear Reader,
Welcome back to another Monday market open, A new month a new slate and another chance to prosper. We are currently half way through the year and it feels like it caught up on us in no time. If you felt like you haven’t went for that opportunity, job or girl. I implore you to make that risky move. The world is only yours once 😉
Happy June, I wish you all the successes in the world.
Enjoy the Alpha,
Market Indices & Commodities
(As of Sunday Eve)
| Gold | $2,326.11 | +0.01% |
| Copper | $4.05 | +0.27% |
| Silver | $30.42 | -0.066% |
| NASDAQ | $16,735.02 | -0.012% |
| S&P 500 | $5,277.51 | +0.80% |
| TSX | $22,269.12 | +0.89% |
| CSE Comp | 179.38 | -0.94% |
What happened?
The Recap of the Week
Trump convicted on all charges in hush money trial ⚖
Kim Jong Un sends hundreds of balloons filled with shit into South Korea. 💩
Dell Technologies tumbled more than 17% despite strong earnings 📉
Nvidia Announces Next-Generation Rubin AI Platform for 2026 ⚙
Graph of the Day
Trump’s trial affect on the election ?
News
What on the Horizon?
Monday - S&P flash U.S. manufacturing PMI (May)
Tuesday - Factory Orders, JOLTS – Job Openings
Wednesday - ADP Employment Change, EIA Crude Oil Inventories, ISM Non-Manufacturing Index, MBA Mortgage Applications Index, S&P Global US Services PM.
Thursday - Initial jobless claims (Week ending June 1). U.S. productivity and costs, Samsara (IOT), Docusign (DOCU), Nio, J.M. Smucker (SJM), and Vail Resorts (MTM) report earnings
Friday - U.S. employment report (May), Consumer credit (May), Wholesale inventories (April)
The Secret Sauce
A.I market/ Nvidia dominance
Nvidia's latest financial results blew past expectations, earning $15 billion in profit from $26 billion in sales, mainly thanks to its data center business.
This segment, which makes chips for the booming AI industry, brought in $22.6 billion, a massive 427% increase from last year. The surge is linked to the release of OpenAI's GPT-4, which has driven up demand for AI chips.
Nvidia's CEO, Jensen Huang, described this shift as the start of a new industrial revolution. While Nvidia's gaming segment also grew, its main competitor AMD fell behind, earning $5.5 billion, highlighting Nvidia's dominance in the market.
Thank you
That’s all Folks
Hey, thank you for checking out Monday Market Open. Push your comfort zone this week and remember there are risks in doing nothing.
Cheers,
What did you think of today's newsletter?Your feedback helps us to keep sending alpha to your inbox... |