:max_bytes(150000):strip_icc()/GettyImages-2177437019-5f594da4cdcd4af39d804a2f5fcf46a9.jpg?w=1500&resize=1500,1000&ssl=1 "Dow Jones Today: Major Indexes Slide as Nvidia Leads Chip Stock Selloff")
Major indexes moved lower Tuesday morning, led by sharp declines for technology stocks, as investors digested a flurry of corporate earnings reports. The S&P 500 and Dow Jones Industrial Average were each down 0.3%, while the Nasdaq Composite… Article Source https://www.investopedia.com/dow-jones-today-10152024-8728058
US indices saw a rise on Tuesday morning following a three-day sell-off led by Nvidia, a top semiconductor company. The company lost $430 billion in market value within three days after briefly becoming the world’s largest company. Analysts believe the drop was due to profit-taking by investors rather than any fundamental issues with the company. … Read more
NVIDIA continues to rise in influence on Wall Street, helping to keep US indices near record levels even with mixed economic reports. The S&P 500, Dow Jones Industrial Average, and Nasdaq Composite all saw gains on Thursday, with Nvidia leading with a 2.8% rise after surpassing Microsoft to become the most valuable company on Wall … Read more
Nvidia’s stock surged to the top of the market on Tuesday, solidifying its position as the most valuable company on Wall Street. The S&P 500 and Nasdaq set new records, with the Dow Jones also making gains. Nvidia’s remarkable rise has been driven by its strong performance in the AI chip sector, propelling its revenue … Read more
Nvidia made history on Tuesday by becoming the most valuable company on Wall Street. The S&P 500 and Nasdaq continued to set records as the U.S. economy showed signs of slowing growth. Nvidia’s success is driven by its role in the artificial intelligence boom, with demand for its chips rising exponentially. The Federal Reserve is … Read more
On Thursday, U.S. stocks were mixed as investors awaited the May nonfarm payrolls report, following Nvidia’s record profit the day before. The European Central Bank also cut interest rates for the first time since 2019. The number of jobless claims in the U.S. rose to a four-week high last week, with 229,000 claims filed. While … Read more
US stocks climbed on Thursday following Nvidia’s impressive first-quarter earnings report, which exceeded revenue and profit estimates and included a 10-for-1 stock split announcement. The chipmaker, known for its AI-focused technology, reported $26.04 billion in revenue and earnings per share of $6.12, outperforming analyst expectations. The company also provided a strong outlook for the current … Read more