Glennjdk
𝐓𝐡𝐞 𝐦𝐚𝐫𝐤𝐞𝐭 𝐢𝐬 𝐟𝐥𝐚𝐭 𝐚𝐡𝐞𝐚𝐝 𝐨𝐟 𝐍𝐯𝐢𝐝𝐢𝐚'𝐬 𝐞𝐚𝐫𝐧𝐢𝐧𝐠𝐬 𝐫𝐞𝐩𝐨𝐫𝐭 𝐭𝐨𝐦𝐨𝐫𝐫𝐨𝐰. The market is relatively flat ahead of $NVDA (NVIDIA Corporation) 's earnings report tomorrow, which is understandable given that it has recently surpassed $MSFT (Microsoft) to become the second-largest company in the world. The market appears cautiously optimistic, as Nvidia's stock has risen by more than 1%, contributing to the $NSDQ100 being the best-performing index among the three major indices in the United States. U.S.-listed Chinese stocks are mixed today, following a Bloomberg article highlighting how PDD's earnings raise concerns about China's economy. Despite the company reporting an 86% increase in revenue and a 140% rise in profit. Nonetheless, it has negatively impacted other Chinese stocks. U.S.-listed $BABA (Alibaba-ADR) for instance, is trading slightly below its closing price of $81,88 in Hong Kong. There are several other companies reporting earnings this week, one of which is $FL (Foot Locker Inc) . Foot Locker's stock has increased by 78% over the past 12 months, yet it is still trading only slightly above its book value. If you would like to learn more about Foot Locker and whether it is a good investment, you can read my analysis here: www.investseekers.com/post/foot-locker-is-this-cheap-stock-worth-buying Have a nice evening
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