Diamonds and Dogs
AI stocks continue to soar. Chipmaker, Nvidia (NVDA) is up 5% not far from a 52 week high after positive comments from their developer conference. Nvidia announced partnerships with all the big boys like Amazon, Adobe, Google, Microsoft and AT&T to provide the next generate chip and technology to drive Artificial Intelligence going forward.
Petco (WOOF) reports lackluster earnings. The pet food company stock is down 13% not far from a 52-week low following earnings and cautious comments about consumer demand and spending habits. Management went on to say a vast majority of their deposits are with the large national players, nit that anyone was asking.
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