The Long Term Investor

The...."OLD"....story of the day.

US employment falls by 911,000 in government revision, revealing weaker-than-reported jobs market

https://finance.yahoo.com/news/us-e...aker-than-reported-jobs-market-144822652.html

(BOLD is my opinion OR what I consider important content)

"The US economy employed 911,000 fewer people than originally reported as of March 2025, providing stark new evidence that the labor market was downshifting long before this summer.

The data covers the period from April 2024 to March 2025 and trims the average monthly jobs gains seen during this period (roughly the last 10 months of Joe Biden's presidency and the first two months of Trump's) from a monthly average of 147,000 to about 71,000.

Data had previously suggested the economy added about 1.76 million jobs in that 12-month span.

The new total is less than half that, marking another larger-than-average downward revision that immediately provided fuel for critics of the government's data collection process.

The White House and allies of President Trump quickly seized upon the revisions as showing that the president inherited a weaker economy than previously thought and that, as Vice President JD Vance put it, "It's difficult to overstate how useless BLS data had become."

The revisions also increased political pressure on Jerome Powell, with White House press secretary Karoline Leavitt saying the central banker "has officially run out of excuses and must cut the rates now."

These job revisions are evidence that job growth was "not as strong as the Fed thought," added PNC Financial Services Group chief economist Gus Faucher on Yahoo Finance, adding it was evidence that interest rates are currently too high and "the Fed may need to cut interest rates in the near term in order to support the labor market."

The report showed that the largest downward revisions were in leisure and hospitality, which saw 176,000 fewer jobs than previously thought. The professional and business services industry was second, with a downward revision of 158,000 jobs.

The revisions are almost entirely in the private sector, showing 880,000 fewer jobs there, as well as 31,000 fewer government jobs.

The backward-facing data also came in well above the expectations of many economists, who had estimated that these revisions would be hundreds of thousands of jobs lower.

A final revised number for this period is not set to be released until February 2026.

A transition to harder sources of jobs data

Jobs revisions are a routine practice in which the Bureau of Labor Statistics (BLS) and other government agencies update their estimates of job levels as more concrete data sources — such as quarterly insurance tax filings — become available.

The revisions unveiled Tuesday are an adjustment to previous estimates that were largely based on surveys.

But job revisions have been consistently above average in recent years as response rates to surveys have declined and have also become a political flash point.

This has been especially true since last year's preliminary annual revisions landed in the middle of the presidential campaign and showed the US economy employed 818,000 fewer people than previously thought.

And the political heat has only increased in recent months after Trump reacted to a monthly jobs report by accusing the BLS, without evidence, of having "phony" numbers and then firing the agency's commissioner.

Trump's pick for a new BLS commissioner, E.J. Antoni of the Heritage Foundation, is expected to have a confirmation hearing before the Senate's labor-focused panel in the coming months.

Antoni has proved to be a polarizing pick as Trump aims to put one of the agency's fiercest critics in charge of data collection going forward. Both Antoni and various Trump aides have seized upon larger-than-normal revisions seen in recent years to argue that new approaches to data are needed, especially a rethinking of surveys.

Tuesday's release is likely to increase those calls.

The data is also being used as fodder by the White House to try to shift blame for the current slowdown toward Biden or Federal Reserve Chair Jerome Powell, whom Trump for months has said is "too late."

Trump has repeatedly lobbed the "too late" charge, including Tuesday morning in a social media post before the number was released.

The president quoted a market analyst who said Powell should have begun cuts in 2021 and that the 2% inflation target is "too rigid.""

MY COMMENT

So for the last government.....we have now MAGICALLY lost over 1.6MILLION jobs......from what was reported earlier. This is OBSCENE. Here we are in the computer and AI era and we can not even get the jobs data accurate to within 50%. A WILD ASS GUESS would be more accurate.

It is a good thing "I" am not in charge.....I would clean house at the BLS.....not just the head. TOTAL INCOMPETENCE. AND....the real question.....why do we put up with this?

 

I commented on this the other day. the general economy seems healthy to me and the consumer is alive and well.

US consumer finances stay robust even as jobs data cloud economic outlook, bankers say

https://finance.yahoo.com/news/us-consumer-finances-stay-robust-191231945.html

"NEW YORK (Reuters) -U.S. consumers remain in good financial health and there are little signs of credit quality deterioration, according to the nation's top banking executives, despite data showing the job market is cooling off.

Leaders from Bank of America, Citigroup and Wells Fargo told investors this week that consumers were continuing to spend money and mostly pay their debts on time."......

 

I like this little story.....another step forward.

Nvidia debuts Rubin CPX GPU for massive AI applications

https://finance.yahoo.com/news/nvid...pu-for-massive-ai-applications-150047032.html

(BOLD is my opinion OR what I consider important content)

"Nvidia (NVDA) on Tuesday unveiled its new Rubin CPX GPU at the AI Infra Summit in Santa Clara, Calif.

According to Nvidia, Rubin CPX is “purpose-built to handle million-token coding and generative video applications.”

Tokens are a unit of data in AI and can represent everything from words to pieces of video and audio. Every time you use a service like ChatGPT, Claude, Gemini, or Grok they break down your questions and requests into tokens to serve up an answer.

The Rubin CPX will work with the company’s Vera CPU and Rubin GPU as part of Nvidia’s Vera Rubin NVL 144 CPX platform. NVL 144 means that the system has 144 GPUs.

“The Vera Rubin platform will mark another leap in the frontier of AI computing—introducing both the next-generation Rubin GPU and a new category of processors called CPX,” Nvidia CEO Jensen Huang said in a statement.

“Just as RTX revolutionized graphics and physical AI, Rubin CPX is the first CUDA GPU purpose-built for massive-context AI, where models reason across millions of tokens of knowledge at once.”

According to Nvidia, the Vera Rubin NVL 144 CPX will offer 7.5x more AI performance than the company’s Grace Blackwell based BG300 NVL 72 system. That, the company says, will also help customers monetize their AI platforms with Nvidia estimating they could see $5 billion in token revenue for every $100 million invested.

The Rubin CPX will be available at the end of 2026.

Shares of Nvidia are up 25% year-to-date and 63% over the last 12 months. The company reported better than anticipated earnings per share and revenue in Q2, but missed slightly on Data Center segment revenue.

Nvidia’s largest customers are cloud service providers, which make up roughly 50% of the company’s sales.

The chip giant is also working its way through resuming shipments of its H20 GPU to customers in China. President Trump initially banned the sale of the processor in April, but reversed course in July. He later announced that the US government would take a 15% cut of chip sales to the region.

During a conversation with Yahoo Finance following the company’s earnings call, Huang said production of Nvidia’s next-generation Blackwell chips is “ramping at full speed, and demand is extraordinary.”

Trump, however, is also considering a 100% tariff on semiconductors, though he said that companies that build in the US will be exempt from the duty. While Nvidia doesn’t build chips on its own, it contracts with companies like TSMC (TSM), which is building new plants in the US.


MY COMMENT

MORE good news for shareholders of the most disrespected.....but.....greatest company in the world....perhaps in investing history.

 

We will get the PPI tomorrow and the CPI on Thursday.

BUT....guess what? The data is produced by our friends at.......GASP.....BLS. Can we really trust any of this data....I dont think so.

Why would this data be any more accurate than their employment data.....that was revised today?

 

OK...other than the above I see that I did not miss anything today. Waiting for the close to see how I did.

 

Hey Lori.....by "sooner than expected"....regarding the UK Prime Minister calling an election....I mean within about 3-6 months.

Although that is as much of a "wild ass of a guess" as the BLS jobs data here in the USA. Dont bet the farm on it.

Obviously you know way more about this than I do.....so I HUMBLY defer to your expertise.

 

OK....a good end to a meaningless short term day for me. I ended with a nice big gain today. Two red stoccks....HD, and AAPL. I also beat the SP500 today by.....0.84%.

Moving on to PPI and CPI days.

 

Today was a BIG TIME TRIPLE.

All three big averages closed at ALL TIME HIGHS. Yeah.....no doubt....I will have some money ready to invest in the next 2-3 days.

"All three major indexes closed at record highs Tuesday as investors moved past concerns about the state of the U.S. economy.

The S&P 500 index settled up 0.27% at 6,512.61, while the Nasdaq Composite gained 0.37% to end the day at 21,879.49, with the latter hitting a new all-time intraday high as well. The Dow Jones Industrial Average finished up 196.39 points, or 0.43%, at 45,711.34, thanks to a surge in UnitedHealth shares."

https://www.cnbc.com/2025/09/08/stock-market-today-live-updates.html

 

Toward the end of November in 2024....I posted my prediction for the SP500 by the end of 2025. That prediction was for.......6800. (See page 1110 of this thread.....post 22,185....on November 22, 2024.)

We are now at SP500 of 6512.61. With 3.5 months to go I am at this point about 4.5% away from my number. Plenty of time to hit or beat my number for 2025.

At the time this prediction was pretty out there.......but it was my considered view of where we would end the year in 2025.

I believe the SP500 at that time was at .....5969.

 

Yes......LORI. It makes me sad to see what is happening in the EU and the UK. Although over here in the USA we are really not very well informed about all the issues and politics in your countries.

I am GLAD that you live in an area that is somewhat isolated from all the crazy stuff.

 

WRONG AGAIN.....Yes I am talking about PPI.

The media is WRONG, the economists are WRONG, the BLS is WRONG.

What is new....all these people are borderline incompetent when it comes to economics and investing and especially the.....REAL WORLD. They are all in a bubble and they all have HUGE BIAS. Plus....there is NOTHING scientific about economics....in the slightest.

AND....what makes it even worse is that all these FOOLS think they are ELITE.....they all think they are so much better than the "little people".

Wholesale prices unexpectedly declined 0.1% in August, as Fed rate decision looms

https://www.cnbc.com/2025/09/10/ppi-inflation-august-2025-.html

(BOLD is my opinion OR what I consider important content)

"Key Points

• The producer price index fell 0.1% in August, after a downwardly revised 0.7% increase in July and well off the Dow Jones estimate for a 0.3% rise.
• The release provides breathing room for the Federal Reserve to approve an interest rate cut at its meeting next week.
• Services prices, a key metric for the Fed when evaluating the stance of monetary policy, posted a 0.2% drop.

Wholesale prices surprisingly fell slightly in August, providing breathing room for the Federal Reserve to approve an interest rate cut at its meeting this month, according to a Bureau of Labor Statistics report Wednesday.

The producer price index, which measures input costs across a broad array of goods and services, dropped 0.1% for the month, after a downwardly revised 0.7% increase in July and well off the Dow Jones estimate for a 0.3% rise. On a 12-month basis, the headline PPI saw a 2.6% gain.

The core PPI, which excludes volatile food and energy prices, also was off 0.1% after being expected to climb 0.3% as well. Excluding food, energy and trade, the PPI posted a 0.3% gain and was up 2.8% from a year ago.

Stock market futures gained after the release while Treasury yields were slightly negative.

The release comes a week ahead of when the central bank’s Federal Open Market Committee releases its decision on its key overnight borrowing rate.

Futures market pricing implies a 100% probability that the committee will approve its first rate cut since December 2024, though the PPI release and a consumer price reading Thursday are being watched closely for indications of whether policymakers will follow through. Odds for a larger half percentage point reduction increased slightly after the PPI release to about 10%, according to the CME Group’s FedWatch gauge.

Services prices, a key metric for the Fed when evaluating the stance of monetary policy, posted a 0.2% drop, helping drive wholesale inflation lower. A 1.7% slide in prices for trade services was the primary impetus, with margins for machinery and vehicle wholesaling tumbling 3.9%.

Goods prices did increase, but just 0.1% as core prices rose 0.3%. While final demand food costs were up 0.1%, energy was off 0.4%.

“Net, net, the inflation shock that was not is rocketing markets higher as inflation barely has a heartbeat at the producer level which shows the tariff effect is not boosting across-the-board price pressures yet,” said Chris Rupkey, chief economist at Fwdbonds. “There is almost nothing to stop an interest rate cut from coming now.”

Though inflation remains well above the Fed’s 2% target, officials have expressed confidence that easing housing and wage pressures will push prices lower, if only gradually.

The Fed has resisted rate cuts this year as officials monitor the impact from President Donald Trump’s aggressive tariffs against U.S. imports. Tariffs historically have not been a lasting cause of inflation, but the broad-based nature of Trump’s moves have raised concern that this episode could be different.

Tobacco products, which are impacted by tariffs, jumped 2.3% in August. Portfolio management costs, a significant factor in the July increase, rose 2% after climbing 5.8% the prior month.

For his part, Trump has badgered the Fed to reduce rates, insisting that tariffs will not be inflationary and the economy needs lower rates both to spur growth and to cap financing costs for the swelling national debt.

Concerns have been rising at the Fed over the employment picture while inflation fears have abated. A BLS report Tuesday indicating that the economy created nearly 1 million fewer jobs than initially reported in the year preceding March 2025 raised worries that the labor market is in trouble even as Fed officials consistently have characterized the picture as “solid.”

The Fed meeting next week will feature both a rate decision and an update on where officials see the economy and interest rates headed in the future."

MY COMMENT

I love the above...... tariff effect is not boosting across-the-board price pressures yet,......they just can not help themselves. Here we are.....SIX MONTHS.....into the tariff BS and they still can not bring themselves to stop using that little word......"YET".

As to "Core PPI".....a total joke. What in the world justifies leaving out food, energy, and trade if you want an accurate view of the economy. These three categories are key to knowing what is going on with inflation. BUT....even core inflation was much lower than expected.

The markets should be on fire.....but no. They are BEAT DOWN by the constant negativity and all this economic stuff that is really IRRELEVANT to investing.

As to today I think the markets are probably CONFUSED by the reading which is not what was expected. This is perfect CONFIRMATION that the FED.....has no idea what they are doing.

 

If you are a speculative or outside the mainstream investor.....BEWARE.

Caution: Fraudsters Are Still Hard at Work
A new spate of cases illustrates crooks’ common threads.

https://www.fisherinvestments.com/e...ary/caution-fraudsters-are-still-hard-at-work

(BOLD is my opinion OR what I consider important content)

"Some things make us happy when they are routinely in headlines, like great tennis matches and the drama of football season. But when it is a flurry of investor scams, that is the reverse. So it is disheartening to see that, in the last week alone, headlines brought us an unsealed indictment revealing the principal behind an alleged Ponzi scheme uncovered by Wall Street Journal reporting last year has been charged with securities and wire fraud. There is also a Florida man who was just charged for peddling fraudulent real estate investments. Rounding out the herd, prosecutors are reportedly investigating a company selling bogus tax breaks. Tragically, people continue falling for these schemes, losing piles of money in the process. So let us review these latest scams for their common threads and red flags.

We start with the operation the Journal brought to light: the tandem of Yield Wealth and Next Level Holdings. These affiliated outfits advertised “Mega High-Yield Term Deposits,” which they claimed could guarantee returns up to 15%, with principal and interest fully insured, an echo of R. Allen Stanford’s high-yield CDs in the early 2000s.

In this case, the accused claimed to generate high returns with no risk by securitizing Affordable Care Act insurance policies—think of a mortgage-backed security, only with health care policies generating the return instead of mortgage loans. The salespeople claimed these securities behaved like CDs and were fully guaranteed and insured by Lloyd’s of London, yet the fine print said they carried the possibility of “total loss.”[ii] The few hundred people who signed up transferred their IRAs and other retirement plans to the operation’s affiliated brokerage, and when Next Level and Yield suspended operations late last year, they got slips of paper. That theoretically entitles them to the proceeds of their investments, but federal prosecutors allege the principal blew it on a lavish lifestyle. For now, the perpetrator is at-large, with US authorities pursuing his extradition, so we shall have to wait and see how it all plays out.

The case in Florida appears to be further along, with the suspect arrested and charged. Local news reports he “would solicit real estate investments through cash and bridge loans, and promised the victims a guaranteed return, which never happened.”[iii] Instead, he made off with millions for his own personal use. Details are scant for now, with investigators not yet revealing how the alleged scammer accessed customers, but they confirmed the investigation started nearly two years ago.

Our third case is just an investigation, for now. But the Feds are looking into whether an Arkansas-based firm illegally sold non-existent tax credits. The firm claimed people could lower their tax bill by purchasing “tribal tax credits,” which would supposedly give individuals access to tax breaks intended to aid Native American tribes. But several customers have come forward, alleging they bought six or seven figures’ worth of credits, then discovered it was bogus. One, interviewed by The Wall Street Journal, claims the firm told him at the last minute that the credits weren’t available. Another alleged in a lawsuit “that they purchased $2.7 million in the tribal tax credits from the company. The couple said the IRS rejected the credits and assessed them $149,000 in penalties.”[iv] Bloomberg conducted a separate investigation into this over the last few years.[v] The upshot: A lot of people who sought to lower large tax bills using these “credits” found themselves with overdue tax bills. While the investigation continues, the IRS has stated these credits don’t actually exist.

If you are caught in a scam, there is a very real risk you will never get your money back. Even if the perpetrator is caught and convicted, any compensation the victims receive is usually a small fraction of what they lost and may take years to arrive. So it is paramount to avoid these things by knowing the red flags and doing some due diligence. Here are a few, which we have distilled from these cases and the timeless framework Fisher Investments founder and Executive Chairman Ken Fisher detailed in his classic book How to Smell a Rat.

1. Avoid anything that looks too good to be true.
   
   
   Guaranteed 15% returns and guaranteed real estate returns have something in common: There is no logical, legal way you would ever be able to get them in the real world. All investments carry risk, including the risk of loss. Returns are generally compensation for risk, with higher payouts going hand in hand with higher risk. Bank accounts and US Treasurys offer little return, in exchange for their low risk. Stocks have earned annualized returns of about 10% in the very long run, but it has always come with volatility and the risk of loss. Real estate, too, doesn’t go one way. Any security that claims it can guarantee a return far above stocks’ and insure against loss is selling a fairy tale.
   
   Now, tax credits differ slightly here in the sense they don’t include an unreasonably lofty return. But the idea you can easily defray a large tax bill—sometimes going so far as to say you could avoid paying any federal taxes at all—sings from a similar songbook and should be a sign to do deep due diligence.
   
   
   
2. Remember capital preservation and growth are mutually exclusive.
   
   
   No investment can target capital preservation and growth. True capital preservation means never losing money, ever—which means no volatility. And that means no growth. Anything that grows over time, by contrast, is subject to the risk of short-term declines—sometimes severe ones—which is not capital preservation. You can’t have your cake and eat it too.
   
   
   
3. Beware flashy tactics.
   
   
   A scrupulous investment professional should be able to explain in simple, logical terms why their investment makes money. There should be no smoke and mirrors, no exotic or weird securities, no jargon. It should be simple and transparent and the sort of thing you can confirm with a simple Internet search. Like, if an adviser says they can build a portfolio that targets your investment goals using stocks and bonds because the risk and return profile of these securities is a good match for your needs and the length of time you plan to invest, that is transparent and simple. If they start banging on about investing in insurance policies and using bridge loans to get in on hot real estate—or if they are offering you tax breaks that you quite plainly wouldn’t qualify for based on the inherent complexity in the tax code—there is probably something bad going on.
   
   
   
4. Do not give custody of your assets to people advising on these hot investments.
   
   
   Of the three, we know for sure that only Yield Wealth/Next Level was outright taking custody of client assets. We see a high likelihood the Florida fellow was, as well, given this would generally be necessary for him to abscond with them.
   
   Shady financiers can’t steal your money if you don’t give them access to it. If someone says you must give them custody of your money in order to access your investment, that is a bad sign. A reputable outfit will be able to work with a third-party brokerage firm to custody your account, ensuring you keep full ownership of your assets in your name.
   
   
   
5. Always do your due diligence.

In all three cases, Internet searches could have given folks the information needed to stay away. Yield Wealth’s principal was barred for life from the securities industry in 2004 and fined by Oregon state regulators “for allegedly stealing more than $140,000 from an elderly customer with dementia.”[vi] That information is a matter of public record, accessible in FINRA’s BrokerCheck application. The alleged Florida scammer was named as one of three perpetrators in an SEC ruling on a fraudulent investment scheme in 2001.[vii] An Internet search turned that ruling up pretty easily. And while the US tax code is notoriously complicated, it is pretty easy to find out if a tax credit exists. Ultimately, even if you can’t locate something on your own, when something seems so impossibly great, get a second opinion!

A lot of this may seem blindingly obvious. But even after Bernie Madoff’s high-profile fraud and downfall, people sadly keep falling for these things. Yet the tricks don’t ever seem to change, so if you can drill these tips into your head, you will hopefully be armed against the ne’er-do-wells who want to take your life savings."

MY COMMENT

If you are going even slightly outside the mainstream.....which i define as something you cant call up SCHWAB and invest in....BEWARE, BEWARE, BEWARE. It is LIKELY a scam.

And.....the people that lose money in this sort of stuff are not dumb. Often they are smart people....that is why they have money and are targeted.

 

LOL....I had a little experience with a SCHEME years ago. One of my kids was a competitive gymnast. A VERY expensive sport.

As a way to make money the club got hooked up with a business that supposedly sold breakfast cereal in the mail. Name brand cereals way below store prices. Our club was signed up for the members to participate.

I thought it had to be a scam the minute I heard about it. The prices were way below the grocery store and on top of that you had shipping costs. There was just no way it could be true. there is no way the company could be making a profit.

I told the club what I thought and people just refused to believe it. So...I got hold of the consumer people and other authorities in California and....yes.....it was a scam.

BUT....the bottom line.....lots of people at the gym were pissed off......not at the scam....at me for taking away that imaginary money that they were mentally invested in. Even when told it was a scam.....people refused to believe. A perfect lesson in human behavior.

Another example.....buying cut rate postage stamps over the internet. I looked into it a few years ago. I came to the conclusion that is was mostly a scam. Perhaps there is a company somewhere that is legit selling old postage stamps that are bought from estates and other sources and selling them way below post office rates......but most of what I saw with some investigation looked like a total scam.

SO.....BEWARE.

 

NO doubt......as rates go down buyers show up.

Mortgage Demand Soars to the Highest Application Levels Since 2022

https://finance.yahoo.com/news/mort...h7gvvnbqeCN7wzXz_k1fmCV2XN-t6bztkO3UYEpL_RJKD

 

Of course the media just can never give up. In spite of PPI today..... I still see a large number of articles basically saying......"well just wait till tomorrow".

We can never get a break or a day off from all the constant NOISE.

Nothing is ever good enough. Earnings, investment gains, the economy, business, etc, etc, etc......the NEGATIVE NOISE is constant and unrelenting. It now WASHES OUT.....and causes disrespect....for all the good things and good news that SHOULD impact stocks and investing in a good way. It makes the markets erratic, volatile, and.....unfortunately....disconnected from reality.

Everything has a......"but"....or a...."yet".....or a...."however"....attached to it. NOTHING is ever good enough.

 

Here is how we are doing......although the DOW is now RED.

S&P 500 jumps to new record on encouraging inflation reading, Oracle stock surge

https://www.cnbc.com/2025/09/09/stock-market-today-live-updates.html

(BOLD is my opinion OR what I consider important content)

"The S&P 500 jumped to a fresh record on Wednesday after a reading on wholesale prices unexpectedly declined, a welcome development for investors clamoring for a Federal Reserve rate cut next week to boost the economy. Oracle shares led the gains with a more than 40% surge following an eye-popping forecast tied to artificial intelligence.

The broad market index climbed 0.5%, as did the Nasdaq Composite. The Nasdaq, alongside the S&P 500, had reached a new all-time intraday high in the trading day. The Dow Jones Industrial Averagelost 216 points, or 0.5%.

Market sentiment was given a boost following the latest producer price index reading, which showed that wholesale prices fell 0.1% in August. Economists polled by Dow Jones had estimated a 0.3% gain. Core PPI, which excludes food and energy prices, likewise declined 0.1%, while the Dow Jones forecast called for 0.3%.

The report serves as a positive sign regarding the state of inflation in the U.S. economy heading into Thursday’s more closely watched consumer price index reading.

Economists expect the CPI report to show monthly increases of 0.3%, according to Dow Jones. This includes the headline all-items index as well as the core reading that excludes volatile food and energy prices. If this materializes, the annual headline CPI rate would be pushed up to 2.9%, though the core reading is expected to stay unchanged at 3.1%.

If the numbers come around these estimates, the Federal Reserve will have more ammunition to deliver another rate cut at its September meeting.

Traders currently see a certainty that the Fed will cut by at least a quarter point, per the CME Fedwatch tool based on fed futures trading. They also increased their bets following the PPI data that the central bank could make an even deeper cut to rates, by 50 basis points, or a half percentage point.

“This number now, if the Fed is truly data dependent, the question should be, ‘Why not 50?’” said Mohamed El-Erian of Allianz on CNBC’s “Squawk Box.” “The employment side is much weaker than they expected ... and now the latest inflation print is much better.”

Oracle shares led the market higher after the tech old guard reported that multicloud database revenue from Amazon, Google and Microsoft grew at a whopping rate of 1,529% in its last quarter, fueled by demand for AI servers.

Investors were encouraged by the company’s upbeat cloud forecast as well, even as its latest earnings fell short. Oracle expects to see $144 billion in cloud infrastructure revenue in the 2030 fiscal year, a substantial increase from $10.3 billion in fiscal 2025.

Nvidia and AMD were also higher, as investors appeared to pile into the artificial intelligence trade once again."

MY COMMENT

I have not looked at any of my stocks so far today. But I like the general tone of the above market report.

 

I believe that my $10,000 in dividend money is now in my Schwab account and ready to invest.

So I will now leave for a while and go look at my account and put in my order for that money. No hurry really..... since it is going into the SP500 Index Fund and the order will not happen till after the close.

Of course....I am investing that money at a market HIGH for the SP500. BUMMER.....but that is how I invest....all in all at once as soon as the money is available. NO MARKET TIMING.....or....ENTRY POINTs.