
Schwab Network KG: "Premium Seller's Market" and Thoughts on TSLA's $1T Pay Package
Tesla (TSLA) CEO Elon Musk's near $1 trillion pay package received overwhelming approval from shareholders but Kevin Green highlights "some little nuggets" in the company's A.I plans including a potential chip buy from Intel (INTC). Then, KG addresses the ongoing storyline surrounding Nvidia (NVDA) CEO Jensen Huang's commentary of China's A.I. prowess. The latest regarding affirmation of no "immediate plans to sell Blackwell chips to China." KG says any fade down to the $200 level for NVDA shares could weigh on the overall markets. For Friday's session, he's watching 6850 to the upside for the S&P 500 (SPX) with 6780 as a potential downside test saying this is a "premium seller's market."
======== Schwab Network ========
Empowering every investor and trader, every market day.
Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribe
Download the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185
Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7
Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watch
Watch on Vizio - https://www.vizio.com/en/watchfreeplus-explore
Watch on DistroTV - https://www.distro.tv/live/schwab-network/
Follow us on X – / schwabnetwork
Follow us on Facebook – / schwabnetwork
Follow us on LinkedIn - / schwab-network
About Schwab Network - https://schwabnetwork.com/about
