💔 Nvidia misses China

Boeing's Alaska Airlines misstep could ground its stock | The US chip ban kept Nvidia down | [Finimize](   TOGETHER WITH   Hi {NAME}, here's what you need to know for January 9th in 3:14 minutes.   🤓 Crypto's bad apples aren't spoiling the lot anymore: they're in jail. So join us for [Your 2024 Crypto Investing Roadmap]( next Tuesday, and discover the benefits of biting into the fruit of the internet. [Grab your free ticket]( Today's big stories - The Federal Aviation Administration (FAA) grounded Boeing’s 737 Max planes, and the aircraft manufacturer’s stock kept them company on the ground - Here’s how to shake off some bad investing habits and sharpen your skills in 2024 – [Read Now]( - Chinese companies turned their noses up at Nvidia’s second-tier chips Boeing, Boeing, Gone [Boeing, Boeing, Gone] What’s going on here? After Boeing’s planes were [grounded]( in the US, the aircraft manufacturer’s stock could be on the way out. What does this mean? Boeing 737 Max planes don’t have a reputation worth envying. Quite the opposite: their background is enough to make even frequent fliers book a week-long bus trip instead. The aircrafts were responsible for two deadly crashes five years ago, prompting a worldwide grounding and safety inspections. Then last Friday, an Alaskan Airlines Boeing 737 Max 9 plane confirmed that the aisle seat is worth upgrading for, when a panel blew out of a mid-air Alaska Airlines flight. And because the same sealable panel can be found in every single Max 9, rather than being an individual fault, the Federal Aviation Administration (FAA) had no choice but to ground 171 aircrafts of the same type. That might affect United and Alaska Airlines, the only two US airlines that use the controversial craft. But Boeing and Spirit AeroSystems – the supplier involved with the 737 Max – have already started suffering the consequences, with their stocks slipping 8.5% and 13% before midday on Monday respectively. Why should I care? For markets: Clear the air. Boeing had planned to churn out more 737 models this year, not least because the company’s under pressure to get its factories working as hard as they were before the pandemic. After all, airlines want more planes and investors want more profit. But the FAA’s grounding could put a halt to those ambitions – and give rivals a chance to eat into Boeing’s share of the market. No wonder European company Airbus saw its stock pick up by more than 2% on Monday. The bigger picture: All for one, and one for itself. Boeing’s "partnering for success" program has been hot gossip in the aviation industry for the last few years, with the tactic said to squeeze suppliers in a bid to make maximum profit. Now, the Alaska Airlines incident might come to symbolize that pushing suppliers to the brink is bad for business in the long term. But that lesson could’ve been learned in October, when Boeing was forced to grant Spirit AeroSystems better contract terms to save the supplier from a cash crunch. You might also like: [The Finimize guide to investing in space.]( Copy to share story: [( 🙋 [Ask a question](mailto:questions@finimize.com?body=Ask us a question: Where are you writing from? Let us know and we'll mention it when we reply.&noapp=true&subject=Boeing, Boeing, Gone&utm_campaign=daily-global-09-01-2024&utm_source=email) Analyst Take Five Investing Resolutions To Make For 2024 [Five Investing Resolutions To Make For 2024]( [Photo of Stéphane Renevier, CFA] Stéphane Renevier, CFA, Analyst The [new year]( is when people start to think about turning over a new leaf. Thing is, you’ll specifically want those leaves to be [green]( – you know, the color of cold, hard cash. So to start your year off right, here are [five resolutions]( you can make to become a smarter, better-informed investor. That’s today’s Insight: [five investing resolutions to make this year](. [Read or listen to the Insight here]( SPONSORED BY IG Discover the sectors struggling with earnings Analysts aren’t expecting much from US companies. More specifically, they predict that [S&P 500 companies]( will have made a little less money than their historical averages. In fact, analysts have lowered their estimates by some margin, enough to bring their predictions for average earnings per share (EPS) to their [lowest since the start of last year](. Companies themselves seem to be lowering their expectations too, with a bigger proportion of S&P 500 firms issuing [negative EPS projections](. Mind you, that doesn’t apply to every industry: [find out which sectors are predicted to reveal the biggest dips](. DisclaimerYour capital is at risk. 68% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money. [Find Out More]( When you support our sponsors, you support us. Thanks for that. Nothing Special [Nothing Special] What’s going on here? Chinese tech companies [refused]( to settle for run-of-the-mill chips, forcing US chipmaker Nvidia to play at being average for once. What does this mean? The US is determined to be the first country to make next-level artificial intelligence systems, so it’s banned semiconductor companies from selling their smartest chips to China. That’s been a non-stop blow for Nvidia: big-money Chinese customers Alibaba and Tencent aren’t willing to accept second-best wares, slashing their orders for this year. So while Chinese cloud companies currently source around 80% of their high-end chips from Nvidia, experts predict that a prolonged ban could bring that number closer to 50% over the next five years. Why should I care? For markets: Shop local. Nvidia’s smartest chips are a cut above the rest, but the type it’s allowed to export to China aren’t much better than local alternatives. That means Chinese tech companies might as well get their fix from domestic firms like Huawei, especially if that extra funding means they can make smarter chips faster. Layer on the prospect of increasingly fraught relationships between major economies, and the Chinese market could be Nvidia’s one that got away. The bigger picture: Hail Mary. Despite the US’s best efforts, China is plowing ahead with plans to dominate the artificial intelligence market. The country’s dedicated data agency has carved out a three-year plan that should see the faltering economy benefit from cutting-edge smarts. The outline depends on China successfully developing large-language models – the type of tech behind ChatGPT – to stay on track, although that could take longer to materialize than the stumbling country would like. You might also like: [Nvidia blew the doors off 2023. Here’s what next year might be like.]( Copy to share story: [( 🙋 [Ask a question](mailto:questions@finimize.com?body=Ask us a question: Where are you writing from? Let us know and we'll mention it when we reply.&noapp=true&subject=Nothing Special&utm_campaign=daily-global-09-01-2024&utm_source=email) Your business needs engagement: customers that use, love, and tell others about what you do. The right content can get you exactly that – and luckily enough, we can help you [make the right content](. We craft some of the industry’s most engaging financial content – trusted by over a million individual investors and 300-plus institutions – every single day. This [29-page guide]( takes you through our strategic content creation, from concept to text and audio delivery, so you can [tailor your own content strategy and fire up your engagement rates](. 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If you’re an accredited investor, investing through Percent could help you [diversify your portfolio and increase your returns]( at the same time. You only need $500 to get started: [visit Percent today](. [Find Out More]( When you support our sponsors, you support us. Thanks for that. 🎯 On Our Radar 1. Listen up, creatures of habit. Your [repetitive diet]( could be causing you harm. 2. Proof of work versus proof of stake. Here's [how to check whether your crypto transactions are safe](.* 3. Keep checking your post. Gen-Z isn’t giving up on mail – and [Christmas cards were no exception](. 4. There’s no shortage of acronyms in crypto. [This guide walks you through two biggies](: DeFi and CeFi.** 5. Fish is big business. At least for this [legendary New York deli](, it is. **Stocks is a derivative product offered by Change Securities B.V. that replicates the performance of your favourite companies’ shares - full or fractional. When you support our sponsors, you support us. Thanks for that. SPONSORED BY HEALTHWORDS.AI [HEALTHWORDS.AI]( When you support our sponsors, you support us. Thanks for that. 🌍 Finimize Live 🤩 Coming Up Soon... All events in UK time. 💸 [Your 2024 Crypto Investing Roadmap](: 5pm, January 16th ❤️ Share with a friend Thanks for reading {NAME}. If you liked today's brief, we'd love for you to share it with a friend. You stay classy, {NAME} 😉 We’d love to hear your thoughts. [Give feedback]( Want to advertise with us too? [Get in touch]( Image Credits: Image credits: shutterstock | nvidia Preferences: [Update your email]( or [change preferences]( [View in browser]( [Unsubscribe]( from all Finimize Emails 😴 Crafted by Finimize Ltd. | 280 Bishopsgate, London, EC2M 4AG All content provided by Finimize Ltd. is for informational and educational purposes only and is not meant to represent trade or investment recommendations. You signed up to this mailing list at finimize.com or through one of our partners. © Finimize 2021 [View Online](