The Wealth Stewards Group

Radio 96.3 FM Audio Podcast (Fion Ho)

听听财富经理 何清凤今日早晨上96.3好FM的股市近况
Listen to the sharing about this week’s investment outlook by our Wealth Manager, Fion Ho, on 96.3 HAO FM.

Shared by:

Fion Ho (何清凤)
Wealth Manager

bit.ly/TTPfionho

Originally Posted on:

https://www.facebook.com/PhillipWealthAdvisory/videos/1164815568000515

Podcast English Translation:

Good morning to all the listeners, I am Fion, Wealth Manager from Phillip Securities.

Next, I will share some market updates.

NVIDIA will undergo its sixth stock split, with shares trading at one-tenth the price starting on Monday, June 10, at market open. For any NVIDIA shares held by 4 PM ET on June 6, an additional nine shares will be issued after market close on June 7. The closing price on that day will be divided by ten to get the new share price. The value of the shares pre- and post-split will be the same.

Tesla is also looking to take robotaxis to the next level in the U.S., revealing the south extension of Giga Texas is almost complete, which will house 50,000 Nvidia H100s for Full Self-Driving training. In fact, CEO Elon Musk expects the electric vehicle company to spend around $3B-$4B this year on Nvidia’s AI chips.

The European Central Bank was all but certain to cut interest rates from record highs on Thursday and was likely to acknowledge it had made progress in its battle against high inflation, while also stressing the fight was not yet over.

This period of uncertainty underscores the importance of closely monitoring various economic indicators and market developments to adapt investment strategies accordingly.

Wishing everyone a great weekend ahead.

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Disclaimer: The information or opinions provided do not constitute investment advice, a recommendation, an offer or solicitation to subscribe for, purchase or sell the investment product(s) mentioned herein. Click here for our full disclaimer.

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