This is the tale of one of the most consequential proposed U.S.-international deals in recent history. Although both Presidential candidates were opposed to it on the campaign trail, its supporters hope that the rhetoric will cool now that the election is over, and the deal will receive final U.S. regulatory approval by year-end.
Recently featured on CNBC TV, Paul Meeks shares his optimistic outlook on technology giants like Nvidia and Micron. Despite recent market turbulence, Meeks believes Nvidia's growth prospects remain strong, identifying current conditions as a potential buying opportunity. He explains that although fears have gripped the semiconductor sector, Nvidia’s future looks incredibly promising, supported by robust earnings projections. Watch the video for full details.
Welcome back to "Tech Tune Up with Paul Meeks"! In this episode, recorded on September 4, 2024, Paul dives into the latest tech news with a focus on Nvidia. He'll also discuss AMD's recent $5 billion acquisition of ZT Systems, a server vendor, highlighting the industry's race to catch up with Nvidia in the AI accelerator chip market. Don't miss Paul's insights and answers to viewer questions throughout the show!
The Federal Reserve is preparing for its first interest rate cut, which could impact the tech sector. On one hand, lower rates can lead to higher valuations for tech stocks. On the other, the rate cut signals concerns about a potential recession.
Paul Meeks is on CNBC’s Squawk Box to discuss Nvidia’s growth and the post -report. Watch here for the full interview.
According to the CME’s (Chicago Mercantile Exchange) FedWatch tool ( https://www.cmegroup.com/markets/interest-rates/cme-fedwatch-tool.html ), there’s a 74% chance that the US central bank (Federal Reserve, or the Fed) will lower its benchmark interest rate by -0.25% on September 18 and it’s 26% likely that it’ll drop by -0.50%. We can quibble about what’s going to happen in a few weeks, but there’s a 100% probability that rates will begin to fall in less than a month.
