🍪 Cookies

We use cookies to store, access and process personal data to give you the best online experience. By clicking Accept Cookies you consent to storing all cookies and ensure best website performance. You can modify cookie preferences or withdraw consent by clicking Cookie Settings. To find out more about cookies and purposes, read our Cookie Policy and Privacy Notice.

Cookies settings


Cookie Control

What are cookies?

Cookies are small text files that enable us, and our service provides to uniquely identify your browser or device. Cookies normally work by assigning a unique number to your device and are stored on your browser by the websites that you visit as well as third-party service providers for those website. By the term cookies other technologies as SDKs, pixels and local storage are to be considered.


If Enabled

We may recognize you as a customer which enables customized services, content and advertising, services effectiveness and device recognition for enhanced security
We may improve your experience based on your previous session
We can keep track of your preferences and personalize services
We can improve the performance of Website.


If Disabled

We won't be able to remember your previous sessions, that won't allow us to tailor the website according to your preferences
Some features might not be available and user experience reduced without cookies


Strictly necessary means that essential functions of the Website can not be provided without using them. Because these cookies are essential for the properly working and secure of Website features and services, you cannot opt-out of using these technologies. You can still block them within your browser, but it might cause the disfunction of basic website features.

  • Setting privacy preferences
  • Secure log in
  • Secure connection during the usage of services
  • Filling forms

Analytics and performance tracking technologies to analyze how you use the Website.

  • Most viewed pages
  • Interaction with content
  • Error analysis
  • Testing and Measuring various design effectivity

The Website may use third-party advertising and marketing technologies.

  • Promote our services on other platforms and websites
  • Measure the effectiveness of our campaigns

Trader's Diary

Economic calendar

{{ item.title}}
{{ item}}
Definition of terms:
Earnings

Earnings

refer to the profits or net income generated by a company during a specific period.

  • Earnings are a measure of a company's financial performance and are often reported on a quarterly or annual basis.

  • Positive earnings indicate that a company has made a profit, while negative earnings indicate a loss.

  • Earnings can be influenced by various factors, such as revenue, expenses, taxes, and other financial activities.

Code

The code is a unique identifier assigned to a company's stock by the stock exchange where it is listed. It is used to identify the stock in trading and other financial transactions.

Actual

Actual refers to the real or current value or result of something. In the context of IPOs, actual can refer to the actual price or number of shares sold in the IPO, as opposed to the estimated price or number of shares.

Estimate

Estimate refers to a prediction or approximation of something, such as the expected price or number of shares in an IPO. Estimates are often made by investment banks and analysts based on market demand and other factors.

Difference

Difference refers to the numerical or percentage variance between two values. In the context of IPOs, difference can refer to the variance between the estimated and actual price or number of shares sold in the IPO.

Percent

Percent refers to a fraction of 100, often used to express a proportion or rate. In the context of IPOs, percent can be used to express the difference between the estimated and actual price or number of shares sold as a percentage of the estimated value.

close icon
IPOs

IPOs (Initial Public Offerings):

An IPO occurs when a private company sells its stock to the public for the first time to raise capital or money.

The money raised from an IPO can be used for various purposes, such as paying down debt, investing in the company's long-term health, research and development, expanding into new product lines, or purchasing fixed assets.

During the IPO process, the equity shares of private investors

convert into publicly owned shares of the new entity, and early investors may sell their stock once the company's shares begin trading.

The chief benefit of an IPO is to help the company raise money and gain access to the capital markets, allowing for expansion and increasing credibility.

Code

The code is a unique identifier assigned to a company's stock by the stock exchange where it is listed. It is used to identify the stock in trading and other financial transactions.

Name

The name is the official name of the company whose shares are being offered in the IPO.

Exchange

The exchange is the stock exchange where the company's shares are listed and traded. Examples of stock exchanges include the New York Stock Exchange (NYSE) and the Nasdaq.

Currency

The currency is the type of currency in which the company's shares are priced and traded. This can vary depending on the country and stock exchange where the company is listed.

Start date

The start date is the date on which the company's shares begin trading on the stock exchange after the IPO.

Offer price

The offer price is the price at which the company's shares are initially offered to the public in the IPO. This price is set by the company and its underwriters based on market demand and other factors.

Shares

Shares refer to the units of ownership in the company that are being offered to the public in the IPO. These shares can be bought and sold on the stock exchange after the IPO.

close icon
Splits

Splits (Stock Splits):

A stock split occurs when a company increases the number of its outstanding shares of stock to boost the stock's liquidity.

In a stock split, the number of shares outstanding increases by a specific multiple, but the total dollar value of all shares remains the same.

Companies often choose to split their stock to lower its trading price to a more comfortable range for most investors and increase the liquidity of trading in its shares.

For example, if a company decides to split its stock 2-for-1, the number of shares outstanding would double, while the share price would be halved.

Code

The code is a unique identifier assigned to a company's stock by the stock exchange where it is listed. It is used to identify the stock in trading and other financial transactions.

Split date

The split date refers to the date on which the stock split takes effect. It is the date when the new shares resulting from the split are distributed to existing shareholders. Optionable

Optionable refers to whether the stock is eligible to be used as an underlying asset for options contracts. If a stock is optionable, it means that options can be traded on that stock.

Old shares

Old shares refer to the existing shares of a company before a stock split takes place. These are the shares that will be exchanged for the new shares resulting from the split.

New shares

New shares are the additional shares that are issued to existing shareholders as a result of a stock split. The number of new shares is determined by the split ratio, such as 2-for-1 or 3-for-2, where shareholders receive a certain number of new shares for each old share they own.

close icon
Week {{ activeWeekInfo }}
{{ days[index] }}
{{ dateFormater(i.date) }}
{{ i.next_month }}
{{ i.prev_month }}
Earnings
Earnings
{{ dateFormater(i.date) }}
close icon
{{ getCurrency(key) }}: {{ a }} - {{ currencySymbol }} %
Diary
Diary
{{ dateFormater(i.date) }}
close icon
Read more
or

IPOs
IPOs
{{ dateFormater(i.date) }}
close icon
{{ getCurrency(key) }}: {{ a }} - {{ currencySymbol }} %
Splits
Splits
{{ dateFormater(i.date) }}
close icon
{{ getCurrency(key) }}: {{ a }} - {{ currencySymbol }} %

Nvidia Overtakes Apple as the World’s Largest Company: The AI Boom in Full Swing

Date: 6.11.2024

Today, I find myself reflecting on Nvidia Corp.’s (NASDAQ: NVDA) meteoric rise to become the largest company in the world, surpassing none other than Apple Inc. Nvidia’s stock rose 2.9%[1] to $139.93, pushing its market cap to an astonishing $3.43 trillion, overtaking Apple’s $3.38 trillion valuation.* To put this into perspective, Microsoft, which Nvidia already surpassed last month, holds a valuation of $3.06 trillion. What stands out to me is how artificial intelligence has fundamentally reshaped Wall Street’s landscape, with Nvidia emerging as the clearest beneficiary of the AI revolution.

Nvidia’s impact on the S&P 500 and AI’s reach

As I consider Nvidia’s growth trajectory, I’m struck by its significance within the S&P 500 Index, where it now represents 7%[1] of the total weight and accounts for roughly a quarter of this year’s 21% gain in the index.* This surge is unprecedented and reinforces how deeply AI has penetrated the highest echelons of Wall Street. Interestingly, Nvidia previously claimed the title of largest company in June, albeit for only a single day. Today, the title seems far more secure, backed by sustained market enthusiasm and AI’s rapid advancement.

Looking across the tech landscape, the biggest companies are positioning themselves heavily in AI. Apple has integrated AI into its latest iPhones, Microsoft, Amazon, and Alphabet are expanding their AI-powered cloud services, and Meta Platforms is leveraging AI for advertising. Most of these tech giants are also Nvidia’s top customers, highlighting the company’s critical role in AI’s growth. While Apple’s recent earnings hinted at slowed revenue growth and potential challenges in China, Nvidia’s results, expected later this month, could reveal a very different story.

Nvidia: The top performer in an AI-dominated market

It’s notable that Nvidia isn’t just leading in market cap—it’s also one of the top-performing stocks this year, with a 183% gain in the S&P 500.* This increase is only outpaced by Vistra Corp., a power producer benefiting from AI-related demand, and Palantir Technologies, a data-analytics firm expanding its AI capabilities. Nvidia’s share price momentum has strengthened in recent weeks as it alleviated investor concerns over its delayed Blackwell chip and long-term growth potential.*

Analysts continue to be optimistic about Nvidia’s future, forecasting that its revenue will more than double this fiscal year, followed by a 44% increase next year. With Wall Street analysts consistently raising their profit and earnings projections, Nvidia’s growth trajectory remains compelling. Beyond the Blackwell chip outlook, other indicators—such as Taiwan Semiconductor Manufacturing Co.’s strong AI-related sales and OpenAI’s recent funding round valuing it at $157 billion – affirm that demand for AI infrastructure is only intensifying. [1]

The bigger picture

Reflecting on the broader market, I see that not only are the largest companies AI-driven, but the top-performing stocks of the year also have deep AI connections. As an investor, it’s clear to me that AI will remain a cornerstone of tech growth for years to come, reshaping industries and redefining competitive landscapes.

Nvidia’s ascent to the world’s largest company signals that the AI boom isn’t a passing trend but rather a seismic shift that will continue to impact market dynamics. The prospects for Nvidia and the broader AI sector remain promising, with high potential for continued growth as these companies pursue their ambitious AI investments. In this new age of technology-driven growth, Nvidia stands as a leader, a key enabler of the AI revolution that promises to transform the future. [2]

 

* Past performance is no guarantee of future results

[1], [2] Forward-looking statements are based on assumptions and current expectations, which may be inaccurate, or based on the current economic environment which is subject to change. Such statements are not guaranteeing of future performance. They involve risks and other uncertainties which are difficult to predict. Results could differ materially from those expressed or implied in any forward-looking statements.


[1] Price performance of the S&P 500 Index over the past five years: https://tradingeconomics.com/spx:ind

Date: 30.10.2024
OpenAI and Broadcom’s Strategic AI Chip Development

Today, I've been closely following the news about OpenAI's plans to collaborate with Broadcom Inc. on its own AI chip, designed specifically for inference – the process of running AI models after they've been trained. This potential game-changer is attracting the attention of the tech world, as OpenAI seeks to develop a solution focused on responding to user requests rather than traditional training dominated by Nvidia's graphics processing units (GPUs).

Date: 23.10.2024
Texas Instruments in the Third Quarter of 2024 – Hope for Recovery?

As part of this week, I analyzed the third-quarter results of Texas Instruments Inc. (NASDAQ: TXN), which provide an interesting insight into future developments in the semiconductor sector. Even though the company announced the eighth consecutive decline in sales, the tone of the outlook is in an optimistic spirit, which signals the potential for a recovery in demand soon.

Date: 16.10.2024
Apple Breaks New Ground with AI Optimism

Today marked yet another milestone in my investment journey with Apple Inc. (NASDAQ: AAPL) The stock soared to a record high of $237.49, extending its remarkable run over the past several months.* This upward momentum is largely fueled by optimism surrounding Apple's recent launch of AI-powered iPhones, which have quickly caught the market's attention.

Date: 9.10.2024
Google's Interest in Nuclear Power Underscores the Growing Importance of Sustainable Sources

Recently, I thought again about the future of energy sources that will power the technology sector. The news that Google is seriously considering nuclear energy as a possible source of energy for its data centers intrigued me and further confirmed that we are on the threshold of major changes in the field of energy. Amanda Peterson Corio, who heads the global energy strategy for data centers at Google, openly admitted that in the US and other countries such as Japan, nuclear power can be one of the solutions to ensure a stable and low-carbon source of energy.

Risk warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 92.59% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.