Nvidia Surges to New Highs as Stock Market Rally Continues

New York, NY United States of America
Nvidia (NVDA) rose sharply again, becoming the most extended its been in decades.
The stock market is experiencing a strong rally, with the S&P 500 and Nasdaq hitting fresh all-time highs on Thursday.
Nvidia Surges to New Highs as Stock Market Rally Continues

The stock market is experiencing a strong rally, with the S&P 500 and Nasdaq hitting fresh all-time highs on Thursday. Nvidia (NVDA) rose sharply again, becoming the most extended its been in decades.


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Confidence

100%

No Doubts Found At Time Of Publication

Sources

81%

The overall score is a weighted number that takes into account conflict of interest, bias, deception and other practices that undermine the credibility of the source. It is calculated as:
(Site Conflicts Of Interest + Author Conflicts Of Interest) / 2.0 * 0.2 + ArticleBiasScore * 0.20 + UniquePointsScore * 0.05 + DeceptionScore * 0.20 + ReadabilityScore * 0.05 + FallacyScore * 0.20

A score that takes into consideration the content for flow, interruptions with ads, and overt search engine optimization techniques that makes the content hard to understand

Stock Market Today: Dow, S&P Live Updates for March 7

Bloomberg News Now Rita Nazareth Friday, 08 March 2024 04:18
  • Unique Points
    • Stocks hit all-time highs in the run-up to the US jobs report
    • Investors bet some of the world's major central banks will start slashing interest rates as soon as June.
    • Dow Jones futures were little changed overnight
    • The stock market rally had a strong session, with the S&P 500 and Nasdaq hitting fresh all-time highs on Thursday
    • Nvidia (NVDA) rose sharply again, becoming the most extended its been in decades
  • Accuracy
    No Contradictions at Time Of Publication
  • Deception (30%)
    The article is deceptive in several ways. Firstly, it states that stocks hit all-time highs which implies that the stock market has been performing well when in fact this statement is misleading as there have been significant fluctuations and declines throughout the year. Secondly, it mentions investors betting on central banks slashing interest rates but does not provide any evidence or sources to support this claim. Lastly, it promotes a podcast which may be irrelevant to the content of the article.
    • Stocks hit all-time highs in the run-up to the US jobs report
    • investors betting some of the world’s major central banks will start slashing interest rates as soon as June.
  • Fallacies (85%)
    The article contains an appeal to authority fallacy. The author states that investors are betting some of the world's major central banks will start slashing interest rates as soon as June. This is not a fact and it is based on speculation by investors.
    • ]Stocks hit all-time highs in the run-up to the US jobs report, with investors betting some of the world's major central banks will start slashing interest rates as soon as June.[
  • Bias (100%)
    None Found At Time Of Publication
  • Site Conflicts Of Interest (100%)
    None Found At Time Of Publication
  • Author Conflicts Of Interest (100%)
    None Found At Time Of Publication

68%

The overall score is a weighted number that takes into account conflict of interest, bias, deception and other practices that undermine the credibility of the source. It is calculated as:
(Site Conflicts Of Interest + Author Conflicts Of Interest) / 2.0 * 0.2 + ArticleBiasScore * 0.20 + UniquePointsScore * 0.05 + DeceptionScore * 0.20 + ReadabilityScore * 0.05 + FallacyScore * 0.20

A score that takes into consideration the content for flow, interruptions with ads, and overt search engine optimization techniques that makes the content hard to understand

Futures Await Jobs Report; Nvidia Hasn't Done This In 20 Years

Investors.com Financial News Site Analysis - Comprehensive Report on Market Coverage and Analysis - Overall Rating: 90/100 (Highly Reliable, Informative, and Engaging Source of Financial Information). Investor's Business Friday, 08 March 2024 03:40
  • Unique Points
    • Dow Jones futures were little changed overnight
    • The stock market rally had a strong session, with the S&P 500 and Nasdaq hitting fresh all-time highs on Thursday
    • Nvidia (NVDA) rose sharply again, becoming the most extended its been in decades
  • Accuracy
    No Contradictions at Time Of Publication
  • Deception (30%)
    The article is deceptive in several ways. Firstly, the title mentions that jobs report will be released on Friday but it does not mention anything about Nvidia's performance which is the main focus of the article. Secondly, there are multiple instances where author uses sensationalism and emotional manipulation to make readers believe that Nvidia's stock price rise is a significant event when in reality it has been rising for years. Thirdly, the article mentions that Taiwan Semiconductor reports February sales early Friday morning which will be important for key customers like Nvidia as well as chip equipment makers but does not mention anything about other companies whose performance may also affect Nvidia's stock price.
    • The title of the article mentions that jobs report will be released on Friday but it does not mention anything about Nvidia's performance which is the main focus of the article. This is a lie by omission.
  • Fallacies (85%)
    The article contains several examples of informal fallacies. The author uses an appeal to authority by stating that Nvidia has not done this in 20 years without providing any evidence or context for what they are referring to. They also use a dictionotomous depiction when describing the stock market as being on fire and then immediately saying it is extended, implying that these two statements contradict each other. Additionally, the author uses inflammatory rhetoric by stating that Nvidia's rise in price has been
    • The author uses an appeal to authority when they state that Nvidia has not done this in 20 years without providing any evidence or context for what they are referring to.
    • The author uses a dictionotomous depiction when describing the stock market as being on fire and then immediately saying it is extended, implying that these two statements contradict each other.
  • Bias (85%)
    The article is about the stock market and its performance. The author discusses various factors that are affecting the market such as earnings reports of companies, job growth, interest rates etc. They also provide insights into specific stocks like Nvidia which have been performing well recently.
    • <Microchip Technology vaulted past some early entries and flirted with an official breakout.
      • <Monolithic Power cleared a short consolidation above a prior base.
        • >Nvidia (NVDA) rose sharply again
          • Taiwan Semiconductor (TSM) Broadcom (AVGO) and Marvell Technology (MRVL) also running and extended.
          • Site Conflicts Of Interest (50%)
            There are multiple examples of conflicts of interest in this article. The author has a financial stake in the companies they report on and may be influenced by their performance.
            • <https://www.investors.com/market-trend/stock-market-today/dow-jones-futures-sp500-hits> <http://highjobsreportnvidia stock/>
              • Nvidia rose sharply again becoming the most extended its been in decades
              • Author Conflicts Of Interest (50%)
                The author has a conflict of interest on the topic of Nvidia's performance as they are mentioned multiple times in the article and have been performing well recently. The author also mentions other chip companies such as Taiwan Semiconductor, Broadcom, Marvell Technology and Microchip Technology which could be seen as promoting their interests.
                • Nvidia rose sharply again becoming the most extended its been in decades
                  • Taiwan Semiconductor (TSM), Broadcom (AVGO) and Marvell Technology (MRVL) also running and extended

                  62%

                  The overall score is a weighted number that takes into account conflict of interest, bias, deception and other practices that undermine the credibility of the source. It is calculated as:
                  (Site Conflicts Of Interest + Author Conflicts Of Interest) / 2.0 * 0.2 + ArticleBiasScore * 0.20 + UniquePointsScore * 0.05 + DeceptionScore * 0.20 + ReadabilityScore * 0.05 + FallacyScore * 0.20

                  A score that takes into consideration the content for flow, interruptions with ads, and overt search engine optimization techniques that makes the content hard to understand

                  Do These 2 Stocks Belong in the Magnificent 7?

                  Nasdaq Friday, 08 March 2024 04:20
                  • Unique Points
                    • The Magnificent 7 group consists of Apple AAPL, Meta Platforms META, Alphabet GOOGL, Microsoft MSFT, Tesla TSLA and NVIDIA NVDA. The group has been performing remarkably for some time and providing stellar gains.
                    • Apple's Services portfolio has been an excellent source of growth for the company.
                  • Accuracy
                    No Contradictions at Time Of Publication
                  • Deception (30%)
                    The article is deceptive in several ways. Firstly, the author claims that Apple and Tesla have come under scrutiny amidst considerable underperformance relative to the rest of the group. However, this statement is false as both companies have outperformed other members of The Magnificent 7 over the last year.
                    • Apple's Services portfolio has been an excellent source of growth, helping to decrease its reliance on the iPhone.
                  • Fallacies (75%)
                    The article contains several examples of informal fallacies. The author uses an appeal to authority by citing the performance of other members in the Magnificent 7 as evidence for their own stock's worthiness or lack thereof. They also use a dichotomous depiction when describing Tesla and Apple, stating that they are lagging behind while other members have strong earnings outlooks. The author uses inflammatory rhetoric by using phrases such as
                    • The weak share performance has coincided with bearishness among analysts
                    • Tesla's recent share performance over the last year has left many investors with a sour taste.
                    • Both Tesla and Apple remain great long-term stocks, underpinned by fundamentals and operational execution. But recent performance has been anything but magnificent.
                  • Bias (75%)
                    The article is biased towards the Magnificent 7 stocks and presents them as a dominant story within the market. The author uses positive language to describe their performance and provides stellar gains figures without any context or comparison with other stocks in the industry.
                    • Meta Platforms META, Alphabet GOOGL, Microsoft MSFT, Tesla TSLA,
                    • Site Conflicts Of Interest (50%)
                      None Found At Time Of Publication
                    • Author Conflicts Of Interest (0%)
                      None Found At Time Of Publication

                    71%

                    The overall score is a weighted number that takes into account conflict of interest, bias, deception and other practices that undermine the credibility of the source. It is calculated as:
                    (Site Conflicts Of Interest + Author Conflicts Of Interest) / 2.0 * 0.2 + ArticleBiasScore * 0.20 + UniquePointsScore * 0.05 + DeceptionScore * 0.20 + ReadabilityScore * 0.05 + FallacyScore * 0.20

                    A score that takes into consideration the content for flow, interruptions with ads, and overt search engine optimization techniques that makes the content hard to understand

                    S&P 500 Sets Another Record—And These Stocks Hit All-Time Highs

                    Forbes Magazine Derek Saul Thursday, 07 March 2024 00:00
                    • Unique Points
                      • The S&P 500 jumped 1% to a new all-time closing price of 5,157.
                      • ⰾStocks hit all-time highs in the run-up to the US jobs report.ⰾC
                      • Dow Jones futures were little changed overnight
                      • oThe stock market rally had a strong session, with the S&P 50%E1%BA%8B 50 and Nasdaq hitting fresh all-time highs on ThursdayⰾC
                      • Nvidia (NVDA) rose sharply again, becoming the most extended its been in decades
                      • ⰾBroadcom (AVGO), Marvell Technology (MRVL) also ran and extended
                      • oMonolithic Power (MPWR) cleared a short consolidation above a prior base Samsara stock spiked higher, signaling a gap out of a base
                      • ⰾDocuSign stock is set to jump above its 50-day line and move toward a consolidation buy point
                      • Gaps rose solidly
                    • Accuracy
                      • `Stocks hit all-time highs in the run-up to the US jobs report.ⰴ
                    • Deception (50%)
                      The article is deceptive in several ways. Firstly, the title and body of the article are misleading as they claim that S&P 500 has set another record high when it hasn't. The correct information should be that S&P 500 hit a new all-time closing price of 5,157 but did not break its previous record high. Secondly, the article claims that several American stalwarts touched their highest levels ever during the rally but does not provide any evidence to support this claim. Thirdly, the article uses sensationalism by stating that
                      • The title of the article is misleading as it states S&P 500 sets another record high when in fact it did not break its previous record high.
                    • Fallacies (85%)
                      The article contains several fallacies. The author uses an appeal to authority by citing the statements of experts without providing any evidence or context for their opinions. Additionally, the author commits a false dilemma by presenting only two options: either Powell's comments were neutral or they boosted market expectations for a growth-friendly cut to interest rates during the first half of 2024. The article also contains inflammatory rhetoric with phrases such as
                      • The S&P jumped 1% to a new all-time closing price of 5,157
                      • the Nasdaq rose 1.5% to 16,273
                      • Nvidia has now doubled over the last three months alone
                    • Bias (80%)
                      The article is biased towards the stock market and its performance. The author uses positive language to describe the stocks that hit all-time highs, such as 'record-setters' and 'behemoths'. Additionally, the use of phrases like 'stormed toward a record high' creates an impression of excitement and positivity around the stock market.
                      • Among the record-setters were semiconductor chip titans Applied Materials, Micron and Nvidia
                        • The S&P jumped 1% to a new all-time closing price of 5,157
                          • the tech-heavy Nasdaq rose 1.5% to 16,273
                          • Site Conflicts Of Interest (100%)
                            None Found At Time Of Publication
                          • Author Conflicts Of Interest (0%)
                            Derek Saul has conflicts of interest on the following topics: S&P 500, record highs, Nvidia, Costco, Walmart
                            • Nvidia's stock price hits an all-time high as the S&P 501 continues to rise.
                              • S&P 501 sets another record and these stocks hit all-time highs.

                              70%

                              The overall score is a weighted number that takes into account conflict of interest, bias, deception and other practices that undermine the credibility of the source. It is calculated as:
                              (Site Conflicts Of Interest + Author Conflicts Of Interest) / 2.0 * 0.2 + ArticleBiasScore * 0.20 + UniquePointsScore * 0.05 + DeceptionScore * 0.20 + ReadabilityScore * 0.05 + FallacyScore * 0.20

                              A score that takes into consideration the content for flow, interruptions with ads, and overt search engine optimization techniques that makes the content hard to understand

                              S&P 500 jumps 1% for fresh closing record, Nasdaq pops 1.5% to touch all-time high: Live updates

                              CNBC News Alex Harring, Wednesday, 06 March 2024 23:03
                              • Unique Points
                                • With Thursday’s gains, the S&P 500 is now on track to end the week with a gain of approximately $27 billion in market capitalization.
                              • Accuracy
                                • The three major averages finished a second day higher on Thursday. The Dow closed the day 0.3% up, while the S&P 500 and Nasdaq added 1% and 1.5%, respectively.
                                • With Thursday's gains, the S&P 500 is now on track to end the week with a gain of approximately $27 billion in market capitalization.
                              • Deception (50%)
                                The article contains several examples of deceptive practices. Firstly, the title is misleading as it implies that all three major averages finished a second day higher when in fact only two did. Secondly, the author uses sensationalist language such as 'fresh closing record' and 'touch all-time high', which could be interpreted to mean something other than what was actually reported. Thirdly, the article contains selective reporting by focusing on gains made by certain stocks while ignoring losses in others. Fourthly, there is no link provided for any of the sources quoted in the article.
                                • The title implies that all three major averages finished a second day higher when only two did.
                              • Fallacies (85%)
                                The article contains several fallacies. The first is an appeal to authority when it states that the Federal Reserve Chairman Jerome Powell told Congress that interest rates have likely peaked and are expected to come down this year. This statement assumes that Powell's words should be taken as fact without any evidence or context provided.
                                • Federal Reserve Chairman Jerome Powell told Congress that interest rates have likely peaked and are expected to come down this year.
                              • Bias (85%)
                                The article contains examples of monetary bias and religious bias. The author uses language that depicts the Federal Reserve as a powerful entity capable of influencing oil prices through interest rate decisions.
                                • > The West Texas Intermediate contract for April lost 20 cents, or 0.25%, to settle at $78.93 a barrel.
                                • Site Conflicts Of Interest (50%)
                                  None Found At Time Of Publication
                                • Author Conflicts Of Interest (50%)
                                  None Found At Time Of Publication