$SIA(C6L.SI)$ Share price at $8++ earlier has already factored all the positive surge in passenger load and fare prices. The travel sentiment is back to normal as per pre-covid days and many airlines have adjusted strategies to reduce fare price to keep up with the competition. Moving forward SIA financial report will be reporting positive figures but forward guidance will not be as fantastic as recent few quarters results. Breaching and maintaining above $7 will be a challenge unless management can work something out like SATS taking over Worldwide flight services.
$NVIDIA Corp(NVDA)$ This is absolutely insane: Nvidia, $NVDA, the third largest company in the world is trading like a penny stock. Since its after hours low seen just 18 hours ago, Nvidia has added $380 BILLION of market cap. In other words, Nvidia has added as much market cap as the entire value of Costco, $COST, in 18 hours. This comes after the stock erased $1 TRILLION of market cap over the last 5 weeks. Big tech stocks are throwing around trillions of Dollars of market cap in a matter of hours. Truly insane. That's a $1.4 trillion+ swing in Nvidia's market cap in just over a month. That's also more than the value of most countries' entire stock market. Volatility is officially back and on the rise.
$NVIDIA Corp(NVDA)$ Those who sold at 114 and went to short the shares might zero their profit. people who hold might get surprises in the end of today ends with a flying colour rather than a drop. Let's see if there is a surprise at the end of the day ^^
🌟🌟🌟This has been a horrible week that saw the US markets tumbling. The Nasdaq 100 Index has its worst day in 2 years. There are new worries about Taiwan and the global supply chain for chips. Then on Friday, the world woke up to a software failure that took down airlines, payment systems, personal computers, corporate websites and some hospitals even had to cancel operations. $NVIDIA Corp(NVDA)$ fell 2.6% on Friday and in the last 5 days, it dropped 9.7%. $Advanced Micro Devices(AMD)$ shares fell even more. AMD dropped 2.6% on Friday and it is now down 17% for the week.
Artificial Intelligence (AI): Next Big Thing Though there have been numerous next-big-thing trends and highly touted innovations that have attempted to follow in its footsteps, none have come close to matching what the internet did for businesses. The rise of AI is viewed as the most important step forward in innovation since the internet became mainstream. The use of software and systems for tasks that would normally be overseen or undertaken by humans, are being given the tools to learn and evolve over time without human intervention, which opens endless possibilities in virtually all sectors and industries. It is estimated that AI would add $15.7 trillion to the worldwide economy by the turn of the decade. This explains why AI juggernaut $NVI