Traders on the New York Stock Exchange experienced a rebound in the S&P 500 and Nasdaq Composite, with NVIDIA recovering from a slump, while the Dow Jones Industrial Average was down due to declines in Boeing, Goldman Sachs, and Home Depot. Volkswagen plans to invest up to $5 billion in Rivian, a struggling electric vehicle … Read more
Nvidia’s recent rebound has positively impacted the Nasdaq, driving the index higher. The tech company’s strong performance has bolstered investor confidence and contributed to the overall gains in the market. Nvidia, known for its advanced graphics processing units (GPUs), has seen a surge in demand for its products as more industries adopt artificial intelligence and … Read more
This year’s stock market rally has been dominated by a few big tech names leading to gains in the S&P 500. According to BlackRock Investment Institute’s Jean Boivin, this is a result of the AI theme and not a flaw. Companies such as Nvidia AI, Apple, Alphabet, Microsoft, Amazon, Goal, and Broadcom have contributed significantly … Read more
Stocks rose as technology companies like Nvidia led gains, following a major selloff. The S&P 500 and Nasdaq 100 both saw positive movements, with Carnival Corp. also rising due to a positive outlook. Federal Reserve Governor Michelle Bowman expressed concerns about inflation risks, while Lisa Cook hinted at potential rate reductions in the future. Investors … Read more
As a journalist, after analyzing the recent developments in Intel (NASDAQ: INTC), I have upgraded my rating on the stock from Hold to Buy. In a recent article from May 2022, I highlighted the challenges Intel faced as a value trap, causing its stock performance to stagnate or decline over the past 24 months. Despite … Read more
The Nasdaq rose more than 1% on Tuesday, driven by strength from Nvidia and other mega-caps, while the Dow slipped as investors awaited key inflation data this week for insights into US monetary policy. Nvidia’s stock jumped 6%, recovering from recent losses, but is still below last week’s all-time high. Other tech companies like Arm … Read more
:max_bytes(150000):strip_icc()/MarketBlogImage-final-6ac06c7b9250446a8e86c566b11e02e1.png?w=1500&resize=1500,1013&ssl=1 "Nvidia Surges on Dow Jones Today After Brief Pullback; Nasdaq Also Rises")
SolarEdge Technologies (SEDG) experienced a significant drop in shares following news of a client’s Chapter 7 bankruptcy filing and an inability to pay off debts amounting to $11.4 million. As a result, the company warned of potential spending issues in the current quarter and initiated a new bond sale worth $300 million. This news caused … Read more
U.S. stocks were mostly steady on Tuesday as Nvidia saw a potential rebound following a recent decline, driving the Nasdaq Composite and S&P 500 higher while the Dow Jones Industrial Average lagged behind. Investors are adjusting their portfolios as the quarter comes to a close, with AI-linked stocks like Nvidia in focus. The tech sector … Read more
In today’s stock market, the Nasdaq and S&P 500 opened higher, showing signs of a positive start to the day. One notable stock that saw a recovery was Nvidia, a technology company that experienced gains after recent fluctuations. Investors are keeping a close eye on the market as a whole, as well as individual stocks … Read more
The Nasdaq is expected to open higher following a selloff, with Nvidia gaining strength. Article Source https://www.reuters.com/markets/us/nasdaq-futures-rise-nvidia-stabilizes-after-ai-stocks-rout-2024-06-25/