Charlie Pellett
👤 SpeakerAppearances Over Time
Podcast Appearances
A renewed wave of dip buying lifted stocks in the wake of a tech rout Thursday fueled by worries over the billions of dollars those firms are throwing at artificial intelligence development.
Bitcoin rebounded, gold and silver jumped after Thursday's decline.
On the week, Dow Industrials up 2.5%, NASDAQ down for a fourth week, down 1.8% in New York.
Charlie Pellett, Bloomberg Radio.
word came from the bureau of labor statistics now the data was originally due february 6 and it was delayed by the partial government shutdown bls announced the changes shortly after funding for a number of agencies including the labor department was restored january's consumer price index due originally on february 11th is now going to be published february 13th the partial shutdown ended late tuesday
After President Trump signed into law a funding deal, he negotiated with Senate Democrats.
In New York, Charlie Pellett, Bloomberg Radio.
It eases concerns the server maker is failing to benefit from demand for gear to run AI data centers.
Supermicro's outlook suggests it's taking advantage of its strong position as a maker of servers that house the powerful chips running AI workloads.
The company appears to have made progress in its effort to control the costs of getting those machines into customers' hands and accurately predicting when contracts will close.
It eases concerns the server maker is failing to benefit from demand for gear to run AI data centers.
Supermicro's outlook suggests it's taking advantage of its strong position as a maker of servers that house the powerful chips running AI workloads.
The company appears to have made progress in its effort to control the costs of getting those machines into customers' hands and accurately predicting when contracts will close.
Alphabet reports Wednesday, Amazon Thursday.
Scott Cronert is head of U.S.
equity strategy at Citigroup Global Markets.
His Elite 8 includes Broadcom, also reporting this week, Palantir Qualcomm, and AMD among tech names.
We'll also hear from Disney, PepsiCo, and Chipotle Mexican Grill.
In New York, Charlie Pellett, Bloomberg Radio.
Most of Polk County in central Florida, the state's biggest citrus-producing county, is within the zone expected to face below freezing temperatures.