Nvidia Impact Entire Market

Plus: Apple teases the iPhone 15

Good Morning!

The US Senate is working tirelessly to prevent another government shutdown, a true display of their dedication and teamwork.

It feels like we are watching an exciting political relay race unfold right before our eyes, with front-row seats to all the action.In other news, even tech giants like Apple can experience occasional bumps in their journey.

Recently, they faced a minor setback as their stock experienced a 4% drop. However, we remain confident in Apple's resilience and its ability to bounce back from this hiccup.

Hold onto your seatbelts because the rollercoaster ride that comes with an NVIDIA selloff might just send shockwaves through the entire market.

According to a well-regarded analyst, this event has the potential to create a whirlwind of uncertainty and volatility that could leave investors clinging on for dear life. Brace yourself for a wild ride ahead! 🎒

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Ladies and gentlemen, with the back-to-school season upon us, our esteemed politicians are entering a crucial period of negotiation.

The Democrats in the Senate are ready to showcase their impressive skills as they strategize against their counterparts in the House Republicans.

Together, they embark on an exhilarating game titled "Let's Ensure a Smooth Government Operation This October" – a thrilling display of political finesse and compromise.

As the summer vacation comes to an end, the bipartisan squad, led by President Joe Biden, is now assembling to create a dynamic and comprehensive stopgap spending bill.

This bill serves as the government's way of strategically planning for the upcoming year from October 1st onwards. Brace yourselves for an engaging budget battle ahead!

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Despite a slight setback last week, the renowned tech giant Apple (AAPL) continues to demonstrate resilience amidst various challenges.

While it temporarily dipped below the remarkable $3 trillion valuation, let's not overlook the fact that Apple's stock has proven itself as a champion throughout turbulent times this year.

Hold onto your excitement as Apple's stock has soared by an impressive 50%, leaving it tantalizingly close to crossing the remarkable $3 trillion mark.

But brace yourself, because there's even more thrilling news on the horizon. Anticipated with great anticipation, Apple is set to unveil their latest masterpiece - the highly anticipated iPhone 15, which is sure to be nothing short of extraordinary.

Get ready for a groundbreaking addition to the iPhone family that will undoubtedly take technology and innovation to unprecedented levels.

Rob Arnott, the esteemed founder of Research Affiliates LLC, refers to NVIDIA Corporation's (NVDA) market valuation as a "Big Market Delusion."

This term highlights the perception that may exist in the market and raises important questions about the true value of NVDA.

During a recent interview with Bloomberg, Arnott raised valid concerns about the soaring valuation of NVIDIA. He cautioned that this could potentially lead to unforeseen challenges, possibly creating a headache for the entire market.

It's important to consider these cautionary words as we evaluate our investment decisions.

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