Delicious-Looking Health Food Stock Jumps 49%

Good Afternoon! 

Hey, everyone. It's Adam from Elite Trade Club. 

Here’s what moved the market today.

Markets 📈

The market bounced back nicely today from yesterday’s shaky performance. The Nasdaq Composite outperformed the rest with a 2.4% jump from yesterday.

A Golden Opportunity You Can't Ignore

With gold prices reaching new highs, the spotlight is on innovative companies like this under-the-radar gold stock.

Focused on a unique business model that combines royalty and streaming advantages, this company is positioning itself for significant growth in the gold market.

Don't miss out on the potential of this strategic play in one of the most exciting sectors of 2024.

Click here to learn more about this gold stock's potential!

Market-Moving News 📈

AI-Powered PCs Surge: Apple Leads the Charge in 2024 Tech Boom

AI-capable PCs are rapidly emerging as a dominant force in the tech industry, with shipments reaching 8.8 million units in the second quarter of 2024. Apple led the market, capturing 60% of these shipments with its Mac lineup, while Microsoft Windows accounted for 39%. These AI-capable PCs feature specialized chipsets designed to handle on-device AI tasks, including AMD's XDNA, Apple's Neural Engine, Intel's AI Boost, and Qualcomm's Hexagon.

This quarter marked a significant boost in the adoption of these advanced PCs, especially with the introduction of Copilot+ models, which incorporate Qualcomm’s Snapdragon X series chips based on Arm architecture. Additionally, Intel ramped up production of its Core Ultra chipsets, and AMD unveiled its Ryzen AI 300 series notebook processors, set to launch by mid-July.

Forecasts indicate that AI-capable PC shipments will reach 44 million units by the end of 2024, with the market expected to more than double to 103 million units in 2025. Apple continues to lead this trend, with its entire Mac lineup featuring M-series chips with the Neural Engine, positioning the company at the forefront of the AI-capable PC revolution as it gears up to roll out broader AI features in late 2024 and early 2025.

Lockheed and General Dynamics Join Forces to Boost Missile Production Power

Lockheed Martin and General Dynamics have entered into a strategic partnership to address ongoing challenges in missile production by jointly manufacturing solid rocket motors. Starting in 2025, General Dynamics will produce these motors exclusively for Lockheed Martin at its Arkansas facility. This collaboration aims to resolve shortages that have been impacting missile production, particularly those related to critical components like rocket motors, computer chips, and metal parts.

The defense sector has struggled to meet the growing demand for missiles, especially in regions such as Europe, the Middle East, and Asia. By combining their efforts, Lockheed Martin and General Dynamics seek to alleviate these supply chain issues and enhance their production capabilities. The partnership also includes a phased approach to expanding into additional products, broadening their overall scope.

This venture marks General Dynamics’ initial entry into solid rocket motor production, complementing its existing experience in manufacturing missile bodies and warheads. This collaboration represents a significant milestone for both companies as they work together to overcome production challenges and meet increasing demand.

Google Unveils Gemini AI for Android: A Leap Ahead of Apple's AI Launch

Google is rolling out new artificial intelligence features to Android devices with its Gemini AI assistant, aiming to outpace Apple’s upcoming AI integration into iPhones, Macs, and iPads. Starting now, Android users will benefit from an upgraded assistant experience, allowing natural interactions with Gemini.

The AI can comprehend user intentions, follow along with conversations, and perform complex tasks. Users can interact with Gemini within any app to analyze on-screen content, check calendars, or draft emails with personalized images.

Gemini also enhances functionality across Google apps, such as creating workout routines from email instructions or drafting work bios from resumes in Google Drive. It can generate images and offer insights into YouTube videos, with plans to support third-party apps in the future.

In tandem with these AI advancements, Google introduced the Pixel 9 series, including the Pixel 9, Pixel 9 Pro, Pixel 9 Pro XL, and Pixel 9 Pro Fold. These models feature upgraded cameras, brighter screens, and the new Tensor G4 processor, with prices starting at $799.

The Pixel 9 Pro models come with a year of Gemini Advanced subscription, while the Pixel 9 Pro Fold starts at $1,799. Additionally, the Pixel Watch 3 offers enhanced features and a battery life of up to 36 hours in Battery Saver mode.

Is This the Gold Stock You've Been Waiting For?

Gold prices have been soaring, hitting multiple records in 2024.

Amidst this surge, one under-the-radar company is leveraging a unique blend of royalty, streaming, and accelerator business models within Nevada's richest mining districts.

With an experienced management team and a diversified portfolio, this could be the opportunity that sets the gold standard.

Click here to discover more about this emerging gold prospect.

CXApp Inc [CXAI] $2.71 (+84.35%)
CXApp saw heavy trading today after sharing news of a deal with Google Cloud.

Lifeway Foods [LWAY] $16.66 (+48.62%)
Lifeway Foods enjoyed strong sales and earnings numbers amid potential CEO turnover.

Energy Services of America [ESOA] $9.19 (+37.37)
Energy Services of America announced positive financial results during its third-quarter report.

TELA Bio [TELA] $3.09 (-22.94%)
TELA Bio lost ground after missing revenue estimates for its Q2 financials.

Viasat Inc [VSAT] $16.74 (-22.57%)
Viasat stumbled today after top investors dumped several shares of stock.

Tencent Music Entertainment Group [TME] $11.12 (-15.31%)
Tencent Music lost ground on revenue during its second quarter, prompting some investors to turn elsewhere.

That's it for today! Please, write us back, and let us know what you think of the Closing Bell Roundup. We're always eager to hear feedback!

Thanks for reading. I'll see you at the next open! 

Best Regards,
— Adam G.
Elite Trade Club

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