Weekly Points – 5 Things To Know In Investing This Week
Portfolio Pulse from Gary Brode
The article discusses several key topics in investing this week. Las Vegas Sands (LVS) reported a strong Q3, with near-record results in Singapore and Macau nearing 2019 levels. The company has reinstated dividends and increased stock buyback authorization to $2B. Nvidia (NVDA) stock fell by about 10% due to the ongoing trade war with China. The US government's limitation on Nvidia's chip exports to China, which makes up 20% of its revenue, is seen as a significant factor. The article also discusses the Federal Reserve's stance on inflation and the yield curve, strong consumer sales, and Argentina's economic policy.
October 24, 2023 | 5:53 pm
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POSITIVE IMPACT
Las Vegas Sands reported strong Q3 results, with near-record performance in Singapore and Macau nearing 2019 levels. The company has reinstated dividends and increased its stock buyback authorization to $2B.
The strong Q3 results, reinstatement of dividends, and increased stock buyback authorization indicate a positive outlook for Las Vegas Sands. This could potentially lead to an increase in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
Nvidia's stock fell by about 10% due to the ongoing trade war with China. The US government's limitation on Nvidia's chip exports to China, which makes up 20% of its revenue, is seen as a significant factor.
The ongoing trade war with China and the US government's limitation on Nvidia's chip exports to China, which makes up a significant portion of its revenue, could negatively impact the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100