NVDA weakens as Washington seeks to limit Chinese access to AI chips

Share: Nvidia stock sells off at the beginning of Friday’s session. President Joe Biden’s administration intends to bar foreign units of Chinese companies from accessing Nvidia’s H100 and A100 GPUs. NVDA stock has been rising for more than three weeks now. Chinese companies have been remotely accessing AI chip technology, according to Reuters.

The US can still avoid a recession if its plays its cards right – CIBC

CIBC today indicates that next week it will upwardly revise its forecasts for US economic growth and pencil in an additional Fed hike this year. That move goes against the current prevailing market thinking that has the Fed stuck on the sidelines for months. Current pricing suggests only an 8% chance of a hike on

USD/JPY, EUR/JPY, AUD/JPY Price Setups

US Dollar, Euro, Australian Dollar vs. Japanese Yen – Price Action: USD/JPY is flirting with the psychological 150 mark. EUR/JPY continues to be capped at key resistace; AUD/JPY is holding above key support. What is the outlook and what are the key levels to watch in select JPY crosses? Looking for actionable trading ideas? Download

UTM: Installing Trial – Other – 13 October 2023

This guide is part of larger  UTM Manager Guide – Other – 30 January 2023 – Traders’ Blogs (mql5.com) Part 1: How to Receive a Trial Version Finding Your Trading Account Number: Open MetaTrader 5 (MT5). On the left panel, look for the “Navigator” section. Under “Navigator”, you will see a section named “Accounts”. Here,

US equity close: The Nasdaq lags for a change

SPX daily Closing changes on the day: S&P 500 down 0.6% DJIA +0.1% Russell 2000 -0.8% Nasdaq Comp +1.3% Toronto TSX Comp -0.3% Closing changes for the week: S&P 500 up 0.4% DJIA +0.8% Nasdaq Comp -0.2% You hate to see Lockheed Martin up 1.6% and closing near the best levels of the week ahead