Diamonds and Dogs

1/3/25

Nvidia (NVDA) regains its stride here in 2025. The AI chipmaker is jumping 4% as the semiconductor index is up 2% today. No news today, but AI demand continues to surge with no sign of a spending slowdown anytime soon. Nvidia jumped more than 150% for 2024.

US Steel (X) pulling back by 6% after the White House confirmed that President Biden will block the Nippon Steel takeover. Nippon Steel Corporation and US Steel released a statement condemning the U.S. Government's decision to block proposed acquisition of U. S. Steel, calling it unlawful. We will see what the Trump administration says.

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