- Nvidia reported its strong second-quarter earnings after the market closed on Aug. 18. Days after reporting earnings, Nvidia continues to be upgraded by numerous investment analysts, causing bullish momentum on the stock price.
- Regarding the ARM acquisition by Nvidia, U.K. regulators have determined that there might be anticompetitive difficulties if the deal goes through and that they need more time to do a full investigation. The deal was scheduled to close in the early months of 2022, but a complete study by U.K. regulators could push this out further than expected.
- Microsoft is increasing the price of its 365 products. The increases in price will range from as low as 8.6% to as high as 25% and will take effect on March 1, 2022. Office commercial and cloud products make up a healthy portion of Microsoft's revenue, and investors are very excited about the extra income from the price hikes.
Click the video below for my full thoughts and analysis.
*Stock prices used were the midday prices of Aug. 20, 2021. The video was published on Aug. 20, 2021.