Diamonds and Dogs

12/30/24

 

It's been Nvidia's year (NVDA). The AI chip darling is up 2% today on news, the Chinese firm ByteDance planned to spend $7 Billion on Nvidia Chips in 2025. Tariffs and President Trump may have something to say about whether China can buy US chips, but for now its helping boost the stock. Nvidia's stock is up roughly 180% year to date.

Another black eye for Boeing (BA). The airline giant is down 2% as South Korea launches an investigation and inspection of the popular Boeing 737-800 plane which crashed on Sunday killing 179 people in South Korea's sixth-largest city Gwangju.

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