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- š¢ Weekly Market Update: March 20, 2025
š¢ Weekly Market Update: March 20, 2025
Welcome to this week's Market Update, where we delve into the most significant developments in stocks, financial news, business events, and market movements.
š¢ Corporate Highlights
Nvidia $NVDA ( ā² 4.3% ): CEO Jensen Huang announced plans to invest "several hundred billion" in U.S. chip manufacturing, signaling a significant commitment to domestic production.
Nike $NKE ( ā¼ 1.47% ): The company is set to release its quarterly earnings report, with expectations of decreased revenue and earnings.
Boeing $BA ( ā² 0.96% ): Shares experienced a significant rise due to positive comments from the CFO regarding tariffs and new orders from Japan Airlines. However, a slight dip was observed in premarket trading.
š” Lowcountry Ledgerās Take: Nvidiaās latest move signals unease to rising tariff concerns while also seeking political favor by investing onshore, potentially aligning with the Trump administrationās interests.
š„ Other Trending Market News
Google $GOOGL ( ā² 1.68% ): Google announces agreement to acquire Wiz
The Federal Reserve (Fed): Powell says tariffs could delay progress on lowering inflation
Fear & Greed: Market sentiment remains in the āFearā range, indicating ongoing uncertainty in the markets.
Treas. Sec.: Treasury Secretary Scott Bessent sat down with the guys from All-In Podcast to discuss the macro economy.
Crypto: The Digital Asset Summit is underway as the new administration holds favorable views on the crypto industry.
š Market Vitals
$DIA ( ā² 0.01% ) Tracks 30 blue-chip stocks, showing industrial health.
$SPY ( ā² 0.72% ) Mirrors S&P 500, gauging broad market performance.
$QQQ ( ā² 1.12% ) Follows Nasdaq-100, reflecting tech and growth trends.
$BTC.X ( ā² 1.36% ) Indicates crypto sentiment and risk appetite.
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