Happy Tuesday afternoon to everyone on The Street. 

• 🟩 | US stocks rose on Tuesday. Stocks rose ahead of the Federal Reserve’s two-day policy meeting and more scheduled announcements from Nvidia. The Nasdaq Composite and S&P 500 made less than 1% gains, and the Dow rose 240 points.

• 📈 | One Notable Gainer: Shares of Unilever rose 3% after the company announced plans to spin off its ice cream unit, which includes Ben & Jerry's and Magnum brands.

• 📉 | One Notable Decliner: Super Micro Computer took a 9% dive after announcing a share offering. The company has seen its share price more than triple this year on the back of the AI boom.

• 💾 | Tomorrow's Trade: Decade-Defining Tech. Scroll down for more.

Plus, today’s partner outlined 6 genius hacks Amazon shoppers must know.

MARKET MOVERS

Nvidia, Coinbase, and Marvell

NVDA (+1%) Nvidia recovered from an earlier loss as investors evaluated its first-ever GTC Conference and its latest AI chip, labeled Blackwell (CNBC)

AMD (-5%) What’s good for NVDA is bad for AMD— Shares of Advanced Micro Devices sunk on news of Nvidia’s new chip (Investing.com)

MSTR (-6%) Shares of Microstrategy, the largest corporate holder of bitcoin, dropped after it completed a $603 million convertible debt offering to buy more bitcoin (Reuters)

COIN (-4%) More crypto losses— Coinbase and other cryptocurrency stocks are taking a hit as bitcoin extended its slide today, dropping to ~$62,000 (Barron’s)

MRVL (-3%) Marvell Technologies dropped as some investors began to view the stock as overvalued with high goodwill and intangible assets (YF)

POWERED BY FINANCE BUZZ

Amazon Doesn't Like When You Exploit These Hacks (But They Can't Stop You)

Do you shop on Amazon or use Prime? If so, you might be missing out on huge savings and a chance to earn extra cash on every purchase you make.

Amazon doesn't exactly endorse all of these hacks, as they can give you big discounts, save money, and even make a little extra cash in the process. 

What are you waiting for?

OVERHEARD ON THE STREET

CNBC: 47% of parents still financially support adult children, spending an average of $1,384 a month on them.

FR: Fitch Ratings expects both the US Federal Reserve and ECB to cut rates three times, by a total of 75bp, by year-end.

BI: Office employees now live nearly 3 times as far from their workplace as they did before the pandemic.

Bloomberg: One study shows that nearly 60% of marketing majors are working high-school-level jobs five years after graduating.

GS: An analysis from Goldman Sachs shows that the US equity market’s domination of the world market has accelerated dramatically in recent years.

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TOMORROW’S TRADE IDEA, TODAY

Decade-Defining Tech

The Future Is Tech

UBS (UBS) is bullish on technology over the next 10 years. 

Specifically, it’s bullish on companies that will utilize tech to disrupt their respective industries. These include innovations like AI, cybersecurity, healthtech, greentech, and fintech.

The investment bank has unveiled a list of 29 companies it’s expecting to lead the way in the next decade.

Healthcare

UBS believes that each of these stocks will provide investors with better earnings growth than the rest of the market over the long term. 

Healthcare company McKesson (MCK) made the cut. It specializes in pharmaceutical distribution, information technology, and care management. UBS highlights the fact that it’s focusing on growing its data-driven services across the US. 

Another healthcare company on the list is Stryker (SYK). It specializes in robotic surgery, and UBS expects sustained sales and margin growth. Its stock is up over 19% this year.

Semiconductors

Two semiconductor producers were on the list as well: ASML (ASML) and Broadcom (AVGO). 

ASML is a Dutch semiconductor firm that UBS believes should surpass its competition in the coming decade. It currently boasts a monopoly on EUV lithography machines, an integral aspect of producing advanced processor chips. 

Broadcom leads the industry in semiconductor design, according to UBS. The investment bank believes Broadcom is primed to benefit from demand in 5G, data center storage, and industrial applications. Its stock is up over 13% this year. 

There’s no doubt that technology will have a significant impact on the future of the stock market. If UBS is correct, these stocks and more on their list could be poised for long-term growth.

POWERED BY FINANCE BUZZ

Amazon Doesn't Like When You Exploit These Hacks (But They Can't Stop You)

Do you shop on Amazon or use Prime? If so, you might be missing out on huge savings and a chance to earn extra cash on every purchase you make.

Amazon doesn't exactly endorse all of these hacks, as they can give you big discounts, save money, and even make a little extra cash in the process. 

What are you waiting for?

ON OUR RADAR

Bloomberg: Argentines are buying Bitcoin to protect themselves from 276% inflation instead of rushing to exchange pesos for dollars.

Axios: Globally, trust in AI companies has dropped to 53%, down from 61% five years ago. In the U.S., trust has dropped 15 percentage points (from 50% to 35%).

MW: El Salvador is sitting on an $84 million profit after bitcoin’s record-breaking run. The nation is one of the few that have adopted bitcoin as legal tender.

BI: Elon Musk said, “[AI] will probably be smarter than any single human next year. By 2029, AI is probably smarter than all humans combined.

Axios: The Lower 48 states just experienced their warmest winter on record, with extreme temperature departures observed across the northern tier of the country.

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