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- TPTP 2/24/25
TPTP 2/24/25
Mike Larson & Samuel Boggess
February 24, 2025
After a nasty finish to last week, stocks are trying to bounce in the early going today. Gold and silver are mixed, while crude oil, the dollar, and Treasuries are flat.
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Apple Inc. (AAPL) announced plans to invest $500 billion and hire 20,000 workers in the US over the next four years, a move likely designed to appeal to the Trump Administration. The president recently met with AAPL CEO Tim Cook, and Apple’s step could be aimed at avoiding the extra 10% tariff Trump recently announced on Chinese imports. Apple’s iPhone and many other of its products are manufactured in that country.
AAPL, MSFT (YTD % Change)
Meanwhile, Microsoft Corp. (MSFT) is reportedly cutting back on some Artificial Intelligence-related spending. The software giant has canceled leases for data center capacity totaling a couple of hundred megawatts and also redirected some international spending dollars to the US. CEO Satya Nadella had previously pledged to spend $80 billion on AI and data centers in the current fiscal year, and the firm released a statement today reiterating that target.
Finally, a new analysis by Moody’s Analytics found that America’s economy is more dependent than ever before on spending by the wealthy. Spending among the top 10% of American earners now accounts for just under 50% of all spending, up from 36% three decades ago.
Appreciation in homes, stocks, and other assets has given the wealthiest Americans more confidence and money to spend. That has happened even as lower- and middle-income earners have been forced to cut back due to rising inflation and other forces.
S&P 500 6,013.13 (-1.71%) ↓ | VIX 17.68 (-2.91%) ↓ |
Dow Jones Industrial Average | Gold $2,963.90 per ounce (+0.36%) ↑ |
Nasdaq Composite 19,524.01 (-2.20%) ↓ | Oil $70.25 per barrel (-0.21%) ↓ |
The tech sector has been both rewarding and volatile in recent years. With major shifts in AI, new regulatory policies, and changing ad market dynamics, investors have a lot to consider heading into 2025. One of the biggest recent shakeups? China DeepSeek’s AI breakthrough. While some see it as a game-changer in AI efficiency, concerns remain about the quality, security, and stability of the model.
Meanwhile, tech giants are adjusting to political and regulatory shifts. With a new administration, the antitrust environment is expected to become more accommodating. However, tariffs remain a concern, potentially creating inefficiencies that impact major tech companies. So, what else is exciting in the tech sector? How are tech stocks performing? In this recent episode of the MoneyShow MoneyMasters Podcast, we break it all down with Mark Mahaney, Senior Managing Director & Head of Internet Research at Evercore ISI.
NVDA: Amid Broader Market Move, Watch its Earnings this Week
👉️ TICKERS: NVDA, ARKK
The recent catch-up rallies in German stocks, financial sector stocks, China technology, and even the ARK Innovation ETF (ARKK) mean we are in a “broadening bull.” Meanwhile, Nvidia Corp. (NVDA) reports January quarter results after the close Wednesday, and again, the whole short-term direction of the stock market depends on the results, highlights Michael Murphy, editor of New World Investor.CELH: Alani Nu Deal Gives this Energy Drink Maker a Jolt
👉️ TICKER: CELH
Celsius Holdings Inc. (CELH) just dropped $1.65 billion for Alani Nu (and its tax goodies), merging two energy drink brands under one zero-sugar banner. Translation? More pastel cans and more hype about “better-for-you” functionality, explains Tom Bruni, head of market research at The Daily Rip by Stocktwits.
