Nvidia forecast fourth-quarter revenue slightly above estimates on Wednesday, but still failed to meet lofty expectations of some investors who have made it the world’s most valuable firm. Shares of the Santa Clara,… Article Source https://nypost.com/2024/11/20/business/nvidia-shares-slide-despite-chip-giants-bullish-outlook-age-of-ai-is-in-full-steam/
US stocks fell on Wednesday ahead of Nvidia’s (NVDA) earnings, seen as a crucial litmus test for the AI trade that could set the direction of markets for days to come. The Dow Jones Industrial Average (^DJI) was down about than 0.3%, while… Article Source https://finance.yahoo.com/news/live/stock-market-today-dow-sp-500-nasdaq-slide-as-nvidia-earnings-loom-large-121829929.html
OpenAI is ramping up efforts to dethrone Alphabet Inc’s GOOG GOOGL Search dominance. What To Know: OpenAI announced Thursday that its flagship product, ChatGPT, is now capable of crawling the web for up-to-date news, sports scores, stock… Article Source https://www.benzinga.com/news/24/10/41663190/openai-rolls-out-chatgpt-search-google-shares-slide
: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
Cisco Systems (CSCO) Shares Slide on Circulation of Unconfirmed Breach StreetInsider.com Article Source https://www.streetinsider.com/Momentum Movers/Cisco Systems (CSCO) Shares Slide on Circulation of Unconfirmed Breach/23832465.html
AMD Shares Slide as Investors Wait for Signs of AI Payoff Bloomberg Article Source https://www.bloomberg.com/news/articles/2024-10-10/amd-says-new-ai-chips-will-be-out-soon-and-can-outperform-nvidia
ClearBridge Investments, an investment management firm, released its investor letter for Q2 2024 titled “ClearBridge Dividend Strategy.” The S&P 500 Index saw a 4.3% increase in the second quarter, resulting in a 15.3% gain for the first half of the year. The firm remains optimistic about the economy and does not foresee an imminent recession, … Read more
NVIDIA shares dropped by 5% on Monday, marking the third consecutive day of losses for chip heavyweight stocks. The stock fell more than 11% from its recent all-time high, entering correction territory. Despite briefly surpassing Microsoft to become the most valuable company, NVIDIA’s market cap has since fallen to around $2.9 trillion, below that of … Read more
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