NVDA Jun 2024 405.000 call
- Yahoo Finance Video
PMI data, Treasury yields, Musk pushes limits: Catalysts
Economic data from the US S&P Global Composite Purchasing Managers Index (PMI) was released on Thursday morning, reaching 54.4 in May, the highest level in over two years. Speculation about how the Federal Reserve will make its next policy decision mounts as the data adds to signs of growing US economic output, with Treasury yields (^TNX ^TYX, ^FVX) also climbing. Many CEOs are following Tesla CEO Elon Musk's (TSLA) footsteps as the number of CEOs who have received annual compensation packages above $50 million has increased in recent years. For more expert insight and the latest market action, click here
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Nvidia's tech jargon and what it all mean: YF Explains
Nvidia (NVDA) is one of the most valuable companies by market capitalization, retaining this status after posting first-quarter earnings on Wednesday that topped expectations. However, the company's highly technical terms may confound some investors. Yahoo Finance's Julie Hyman joins Wealth! to break down all the jargon Nvidia uses when referencing its products and services. For more expert insight and the latest market action, click here to watch this full episode of Wealth! This post was written by Nicholas Jacobino
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'Long runway' for Tesla as drivers wary of self-driving tech
Nvidia (NVDA) CEO Jensen Huang praised electric vehicle maker Tesla (TSLA) during an interview with Yahoo Finance following the chip giant's quarterly earnings release. Huang pointed to Tesla's autonomous vehicle technology, claiming the company is "far ahead" of its competition. Autoblog Editor-in-Chief Greg Migliore joins Morning Brief to discuss Huang's bullish sentiment on Tesla and the challenges with autonomous driving's adoption. Migliore outlines his timeline before autonomous vehicles will be deployed en masse: "I look at it more of like a five to ten-year time frame where we'll see these chips and then the technologies that they can power phased into different vehicles. And I think you'll see existing autonomous driving systems like Tesla's Full Self-driving, as well as other programs like General Motors (GM) has a feature called Super Cruise. I think you'll see those systems get increasingly more powerful, and then you'll see some of the features that are a little more basic...those features that are a little more like tertiary but still important, get more powerful and more helpful to the consumer. And I think it'll be a longer runway." For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Nicholas Jacobino
