Dow falls 400 points due to earnings and inflation concerns; Nvidia pushes Nasdaq to a record finish: Live updates
Stock Market Update: Mixed Reactions Traders were on the floor of the New York Stock Exchange recently, reflecting a day of mixed outcomes influenced by inflation concerns and bank revenues. On Tuesday, the Dow Jones Industrial Average slipped by 436.36 points, or 0.98%, closing at 44,023.29. Meanwhile, the S&P 500 fell 0.40% to finish at […]
Major US stocks decline, while Nvidia lifts Nasdaq to a new high.
US Stocks Decline Amid Inflation Concerns NEW YORK – Most US stocks saw a decline on Tuesday, impacting Wall Street’s expectations for lower interest rates. The S&P 500 dropped 0.4%, remaining close to its all-time high set last week, despite 90% of the stocks in the index falling. The Dow Jones industrial average experienced a […]
Stock Market Update: Dow and S&P 500 Decline; Nasdaq Rises; Nvidia, Trade Desk, and Other Movers; CPI Inflation Report
Market Overview We’re really looking at two distinct market narratives right now. The S&P 500, which tracks the stock market, is dancing around slight gains and losses, while the tech-focused Nasdaq is on track to set new all-time records today. Meanwhile, the Dow has declined by 278 points, or about 0.6%. To provide a clearer […]
Nvidia drives Wall Street while US stocks hover near record levels
US Markets Experience Mixed Trading as Stocks Approach Record Levels On Tuesday, US stocks showed a mixed performance while hovering near record highs. The S&P 500 saw a slight increase of 0.1%, edging closer to its all-time peak from last Thursday. By 10:05am Eastern time, the Dow Jones Industrial Average had climbed 167 points, or […]
Nvidia CEO Jensen Huang is able to continue selling AI chips to China following a meeting with Trump.
Nvidia is set to restart sales of its H20 AI chips to China following a meeting between CEO Jensen Huang and President Trump at the White House last week. The Trump administration has assured Nvidia it will receive a license for chip exports, putting an end to a multi-month suspension that really impacted the company’s […]
Nvidia CEO downplays Trump tariff worries: ‘We’ll manage it’
Nvidia’s CEO, Jensen Huang, brushed off worries about President Trump’s tariff plans, stating that the California-based company would manage to adapt and highlighting the need for increased semiconductor production in the US. “Confusion and sudden change aren’t ideal, but I believe President Trump will find a way to navigate these deals, and countries will adapt,” […]
Senators from both parties question Nvidia CEO about trip to China
Concerns Raised Over Nvidia CEO’s Trip to China Senators Elizabeth Warren and Jim Banks have expressed concerns regarding Nvidia CEO Jensen Huang’s upcoming visit to China, highlighting fears that it might inadvertently support businesses linked to the Chinese military or those attempting to navigate around U.S. export controls. The bipartisan duo urged caution, advising Huang […]
Key analyst recommendations for Friday: Nvidia, Apple, Tesla, Netflix, Roblox, Amazon, Chipotle, Delta, AMC, and others
Wall Street’s Latest Calls Here are some notable updates from Wall Street as of Friday: Citi reaffirmed its buy rating on Apple, acknowledging some uncertainty. They cited concerns over IPhone demand for the year due to delays in AI and an ongoing Section 232 decision. Despite expectations of a pullback in demand for the June […]
Thursday’s top analyst recommendations: Nvidia, Tesla, Palantir, Broadcom, McDonald’s, Micron, CoreWeave, Roku and more
Here’s a summary of the latest Wall Street ratings from Thursday: BMO has initiated coverage of Transunion, calling it their top pick in the information services sector, highlighting the company’s solid outlook. Guggenheim is recommending Equinix with a “Buy” rating, citing the stock’s recent price drop as a solid entry point, projecting a target price […]
Nvidia Is the First Company to Reach a $4 Trillion Market Value
Nvidia Reaches $4 Trillion Market Cap Nvidia has reportedly become the first company to achieve a market capitalization of $4 trillion. This milestone was reached after the company’s stock increased by over 2% during intraday trading on Wednesday. As a result, Nvidia has overtaken major players like Microsoft and Apple, which currently have market caps […]