$3.5 Billion Invested in Chipmaker Media Tek

TAGS: Technical Analysis Software

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News in Brief

  • Apple’s Ternus takes the reins as CEO, with AI as job no. 1.
  • Nvidia to invest $3.5 billion in chipmaker Media Tek.
  • China’s manufacturing gauge tops forecasts with faster expansion.

MarketWatch:

  • Major stock indexes retreated on Monday as Brent oil tops $90 after US and Iran trade strikes.
  • Oil futures rising sharply after first attacks in a month between the US and Iran.

yahoo! finance:

  • Sony seeking up to $150K a song in lawsuit against Anthropic.
  • Apple says OpenAI is destroying evidence in trade secrets case.

Tim Cook turned Apple into a $4 trillion behemoth during his 15 years as CEO.

Global Indexes

S&P 500

The S&P 500 made a hammer candle on its EMA8 line.

DAX

The DAX bounced down from top resistance.

HANG SENG

The HANG SENG is still moving sideways closing on its EMA8 line.

NYSE & NASDAQ Stocks

NVIDIA Corporation

Nvidia made a piercing candle after the profit taking day.

Deere Company

DE made a breakaway gap on its way to test top resistance.

JSE Stocks

JSE All Shares

The JSE All Shares made an engulfing bear candle with global markets.

Sasol Ltd

SOL made an uncertain doji after the latest strikes in Iran.

Algomodel Strategies, Education & Features

Click on Education or go to the home page to view education posts.

Frontrunner, Gaps, Trend and Cyclic Indicators are explained in these education posts.

All stock graphs are shown with a Trend Candles Template which is a feature available in Algomodel Signals Pro.

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