Cracks In The Consumer… And The State Of The Semi Trade 5/8/24

Tech in focus as Microsoft and Nvidia both gear up for big events next week. How Microsoft’s AI ambitions are being received, and if Nvidia can beat expectations when results cross the wires. Plus China’s central bank to the rescue. How regulators are hoping to get consumers spending again. Fast Money Disclaimer

The Dow Jones Industrial Average hitting 40,000 for the first time ever as the surge in Walmart boosts the group. But could the retailer’s strength be short-lived? Plus A housing market divided. Commercial and residential real estate showing signs of stress, but there’s one area of housing seeing a boom. How luxury real estate is building a strong foundation. Fast Money Disclaimer

The S&P, Dow, and Nasdaq all hitting fresh record highs after this morning’s lighter-than-expected CPI data. How the new inflation data could impact the Fed’s rate cut timeline. Plus Banks breaking out. The KBW index hitting a 52-week high, and Chris Verrone is hitting the charts to find out where the group could be heading next. Fast Money Disclaimer

Volatilty at multi-month lows as investors brace for tomorrow’s big CPI data. Are investors just holding their breath before the key inflation report? Plus Lionsgate out with a roar. The studio debuting on the nasdaq today, as one of the largest pure play content companies in the world. So how will the studio stand out from competition? Fast Money Disclaimer

Chinese stocks staging a stealth rally as EV tariffs loom. How U.S - China relations will impact the space, and the names that could get hit the hardest. Plus The Kitty Comeback. Shares of Gamestop soaring as the trader behind 2021’s meme-stock mania makes his online return. What it could mean for Gamestop and the other stocks rallying on the hype. Fast Money Disclaimer 

McDonald’s rolling out a new low-priced meal as cash-strapped customers tighten their purse strings. The latest signs of the consumer crunch, and the sentiment at its lowest level of the year. Plus China stocks rebound. Mainland momentum picking up, as China’s FXI outperform the S&P 500 this year. How the overseas opportunities could help boost your portfolio. Fast Money Disclaimer

Stocks jumping as investors await another big round of economic data, so where are traders waiting things out? Their highest conviction trades, and if the names are right for your portfolio. Plus Media companies looking to make the shift into streaming. But they better get a move on…as Netflix’s recent comeback proves why it’s currently the king of streaming. Fast Money Disclaimer

Earnings keep rolling in, and different stories are being told about the consumer. The areas seeing strength, and the groups raising the red flag. Plus… A check on chips. From a U.S-China license revoking… to the names that could keep surging. Where one semi analyst sees this trade heading next. Fast Money Disclaimer

Shares of Disney tumble as the media giant looks to make its streaming business profitable. The hurdles they face, and how a consumer under pressure will impact the company. Plus relying on Nvidia. Can the AI trade continue its run? Or does a pullback in the name spell trouble for the broader market? Fast Money Disclaimer

10-year yields are down about 25 basis points from their recent highs, but are they falling for the right reasons? And what does the move mean for the markets? Plus, former Starbucks CEO Howard Schultz weighing in on the company’s latest earnings report and the leadership of the man he chose to replace him. How will his comments impact the company now?  Fast Money Disclaimer