đ˘ Corporate Highlights
Nvidia $NVDA ( Ⲡ0.87% ): CEO Jensen Huang announced plans to invest "several hundred billion" in U.S. chip manufacturing, signaling a significant commitment to domestic production.
Nike $NKE ( Ⲡ0.6% ): The company is set to release its quarterly earnings report, with expectations of decreased revenue and earnings.
Boeing $BA ( âź 1.21% ): 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.
đĄ Lowcountry Ledgerâs Take: Nvidiaâs latest move signals unease to rising tariff concerns while also seeking political favor by investing onshore, potentially aligning with the Trump administrationâs interests.
đĽ Other Trending Market News
The Federal Reserve (Fed): Powell says tariffs could delay progress on lowering inflation
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.
đ Market Vitals
$DIA ( âź 0.11% ) Tracks 30 blue-chip stocks, showing industrial health.
$SPY ( âź 0.02% ) Mirrors S&P 500, gauging broad market performance.
$QQQ ( âź 0.04% ) Follows Nasdaq-100, reflecting tech and growth trends.
$BTC.X ( âź 0.26% ) Indicates crypto sentiment and risk appetite.
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