Hot CPI report, further pressure for a rate hike in December, increased pressure on debt for tech companies
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So hotter CPI data provided us much distraction from the $NVIDIA(NVDA)$ fiasco and huge damage done to the tech sector over the past two weeks. However, this might lead to a rate hike in December, which means further pressure on the debt levels accumulated by the tech sector. And seems like competitors of Nvidia are ready to pounce on their turmoil, $Advanced Micro Devices(AMD)$ seem to be positioned to capitalize on $Alphabet(GOOGL)$ TPU, wrestling market share away from Nvidia.
Lets see how long will Nvidia need to sort out this mess that Jensen Huang created, and how can its competitors capitalize on it. It is shaping up to be an interesting end to 2026! [Surprised]
@PawsAndProfits - Specialist in combining FA and TA for Options selling and Swing trading.[666]
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- dimzy·17:43Higher rates bite balance sheets before market share shifts do. The real drag is refinancing cost if this stays hot into DecemberLikeReport
- BartonBecky·17:43NVDA vol is the bigger tell here, not CPI. If IV stays this elevated, downside can still get repriced fastLikeReport