AI Stock Market Roundup w/c 16th of September

Each week I review the biggest movements within the AI stock market from last week and let you know what key market trends to look out for in the coming week, to keep you updated and ahead of the curve.

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Main AI Stock Market Movers

Ticker: AAPL | Price: $228.20 | Market Cap: $3.47T | Weekly Gain: 2.62% ⬆️

Apple had a strong week of trading, in line with the broader market. The market roared higher on Thursday after initially selling off on the news of the Federal Reserve cutting interest rates by 50 basis points. This selloff was short lived and everything began to rally quickly during Thursday's pre-market session. Despite lower than expected pre-order data for the iPhone 16 analysts are still very bullish on Apple moving forward as a market leader during the current AI boom.

Ticker: NVDA | Price: $116.00 | Market Cap: $2.84T | Weekly Loss: 2.54% ⬇️

Nvidia spent the week consolidating and attempting to maintain value after such a volatile couple of weeks. Despite the stock dropping overall, this is a great sign as buyers and sellers have reached a level of agreement for the moment. Nvidia is strengthening ties with Abu Dhabi's G42 as they plan to collaborate to advance climate technology.

Ticker: MSFT | Price: $435.27 | Market Cap: $3.24T | Weekly Gain: 1.07% ⬆️

Microsoft had an interesting week of trading, getting off to a strong start but the losing gains towards the end of the week. This came after LinkedIn came under scrutiny for automatically opting users into sharing data with AI models. Microsoft owns LinkedIn and this news had a negative impact on the stock. However, despite the negative news driver the stock performed well overall this week.

What To Watch This Week

Look out for Fed Chairman Jerome Powell speaking at 2:20pm EST on Thursday

Look out for Unemployment Claims releasing on Thursday @ 1:30pm EST

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