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On the SPOT™ blog (10/18/2023) [L..]

This morning (PST), all three major US indices are in the red perhaps because tensions rose in the Middle East. In the economic news, new housing constructions rebounded in September but the rise was less than estimated and the permits to build seemed to have declined. AI Chip sector continued to get pounded in view of new exports rules related to AI specific chips. NVDA commented that demand for its products is high worldwide so this may not affect its short-term results but could affect its ability to make certain products. I suppose its quarterly results will shed more light on the effects of new export rules on its business.

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