EstherEmilia
πŸƒ Portfolio Results – Thursday August 29, 2024πŸƒ Hi Copiers, The major indexes closed mixed on Thursday as Nvidia dragged tech lower, though data pointing to a stronger U.S. economy allayed recession fears, keeping downside momentum in check. LetΒ΄s check our portfolio performance versus our three benchmarks for today: πŸ“ˆ $DJ30 +0.59% πŸ“ˆ EstherEmilia +0.07% πŸ“‰ $SPX500 -0.00% πŸ“‰ $NSDQ100 -0.13% Below please find key information that happened in the financial market today: πŸƒ Initial claims for state unemployment benefits came in at a seasonally adjusted 231,000 for the week ended Aug. 24, slightly below forecasts for 232,000. The prior week’s total was revised up to 233,000 from 232,000. πŸƒ The number of people receiving benefits after an initial week of aid, known as continuing claims, rose 13,000 to a seasonally adjusted 1.868 million. πŸƒSecond-quarter gross domestic product was revised higher to 3% on an annualized basis, up from the previous estimate of 2.8% and above the 1.4% growth seen in the first three months of the year. πŸƒ Spain's EU-harmonized annual inflation fell to 2.4%, its slowest pace in a year, thanks to lower fuel and food prices, preliminary data released by the National Statistics Institute (INE). $ESP35 πŸƒ $NVDA (NVIDIA Corporation) fell more than 6% after the chipmaker disappointed with its guidance despite stronger-than-expected profit for the May-July quarter as well as a $50 billion share buyback. Analysts on Wall Street remain bullish on the stock, however, citing that strong demand from cloud services providers for Nvidia AI chips including the new Blackwell chips set to be rolled out Q4. πŸƒ $AAPL (Apple) closed more than 1% higher after the Wall Street Journal reported that the tech giant is in talks to invest in OpenAI. πŸ’° Our portfolio received one dividend payment during week from: βœ”οΈ $CTRA (Coterra EnerCoterra Energy Inc) πŸ’‘ Please remember that discipline is about choosing between what you want now and what you want most. Growth isnΒ΄t meant to feel comfortable. Invest Consciously! Es.
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