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El EBITDA
TLDR
MARKET RECAP → Stocks bounced back on Tuesday after a red Monday session. Meanwhile, China stocks fell after hopes of sizable fiscal stimulus fell short of lofty expectations. Looking ahead, the inflation data report expected Thursday will be in focus as markets calibrate their estimates of where interest rates are headed.
SUPER MICRO SOARS ON AI GPU MILESTONE → 🚀 Super Micro's stock jumped after announcing it is shipping over 100,000 AI GPUs, boosting investor confidence in its ability to meet rising demand for AI hardware and drive future growth.
PEPSICO POSTS STRONG Q3 EARNINGS → 📈 PepsiCo (PEP) exceeded Q3 2024 expectations with strong demand for snacks and beverages, boosting revenue and profit. The company raised its full-year guidance, signaling confidence in sustained growth.
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TODAY’S TOP NEWS
Super Micro Soars on AI GPU Milestone
🚀 Super Micro’s stock surged after the company announced shipping over 100,000 AI GPUs, capitalizing on the booming demand for artificial intelligence hardware.
💻 The company emphasized its role in the AI revolution, with strong GPU shipments highlighting its ability to meet the market's growing needs for advanced computing.
📈 Investors responded positively, seeing this achievement as a key driver for future growth in a sector increasingly dominated by AI technologies.
TODAY’S TOP NEWS
PepsiCo Posts Strong Q3 Earnings
📈 PepsiCo (PEP) reported solid Q3 2024 earnings, with revenue and profit exceeding expectations, driven by strong demand for snacks and beverages across key markets.
🍿 The company’s snacks division, led by brands like Frito-Lay, saw significant growth, while pricing strategies helped offset rising costs in its beverage division.
🔄 PepsiCo raised its full-year guidance, signaling confidence in continued growth despite economic challenges, positioning itself well for the future.
NOTABLE POSTS
el EBITDA is a banger 🔥🔥🔥
— BankerX (@Banker__X)
7:45 AM • Oct 8, 2024
Certified EBITDA Moment
— High Yield Harry (@HighyieldHarry)
11:01 PM • Oct 7, 2024
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