Breaking: Tech Stocks Soar -- Across The Board -- October 17, 2024

Locator: 48602TECH.

Quickly, this is all pre-market:

• EU: central bank set for first back-to-back interest rate cut in 13 years
• NASDAQ (tech heavy): up 170 points:
• strong earnings, macro conditions propelling stocks up
  
• TSMC rise 8%; quarterly profit soars on AI demand;
• Lucid shares tumble; Saudi bet on the wrong horse; Barron's link here;
  
• it's all about retail spending report -- 7:30 a.m. CDT
• Novavax shares plunge; FDA puts hold on covid-flu combo
• health insurers generally plunge; Elevance Health down 14%
• Expedia up 7%; quick what does Expedia do
• MLB viewership surges
• Biden administration forgives $4.5 billion in student debt 
• 60,000 borrowers
• $75K/student
  

Tech stocks, again all pre-market:

• TSM: up $15; up 8%
• NVDA: up $3.91; up 2.88%
  
• AAPL: up $1.62; up 0.7%
• AVGO: up $4.78; up 2.7%
• QCOM: up $3.27; up 1.9%
• AMD: up $3.77; up 2.4%
• MSFT: up $2.15; up 0.5%
  
• PLTR: up 13 cents; up 0.3%; trading at $42; down from its recent high
• INTC: up 24 cents; up 1%

Yesterday's blog:

Personal investing: "backed up the truck" on SCHG as Cramer would say. Past tense. Largest addition to this position in quite some time. Top holdings (below), and they say this is not a "tech" ETF. After the split, Sophia got really, really excited. LOL.

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Disclaimer
Brief Reminder 

• I am inappropriately exuberant about the US economy and the US market.
• I am also inappropriately exuberant about all things Apple. 
• See disclaimer. This is not an investment site. 
• Disclaimer: this is not an investment site. Do not make any investment, financial, job, career, travel, or relationship decisions based on what you read here or think you may have read here. All my posts are done quickly: there will be content and typographical errors. If anything on any of my posts is important to you, go to the source. If/when I find typographical / content errors, I will correct them. 
• Reminder: I am inappropriately exuberant about the US economy and the US market.
• I am also inappropriately exuberant about all things Apple. 
• And now, Nvidia, also. I am also inappropriately exuberant about all things Nvidia.