Stock market today: Most of Wall Street climbs as Nvidia swings, bitcoin rises and Alphabet sinks

Stock market today: Most of Wall Street climbs as Nvidia swings, bitcoin rises and Alphabet sinks

NEW YORK (AP) — Most U.S. stocks are rising Thursday after more companies said they’re making fatter profits than expected. Market superstar Nvidia also topped forecasts, but Wall Street’s… Article Source https://apnews.com/article/stock-markets-nvidia-rates-earnings-e42f068e3259f9d6c5d1c6e79e3a2b3a

The Volatile Stock Swings of Nvidia Highlight the Strength of AI Rally

The Volatile Stock Swings of Nvidia Highlight the Strength of AI Rally

The recent fluctuations in Nvidia stocks have sparked a debate on the sustainability of the chipmaker’s rally. While concerns over stock valuation and competition persist, the key variable remains the durability of demand. For over a year, Nvidia has seen robust demand for its AI accelerator chips, leading to a substantial increase in revenue. This … Read more

Broadcom’s Software Makeover Doesn’t Fully Mask Chip Swings

Broadcom’s Software Makeover Doesn’t Fully Mask Chip Swings

Broadcom Chief Executive Hock Tan isn’t someone who finds blowing money appetizing. But that $40,000 dinner seems to have gone down well.  That was the reported cost for Tan to sit at the table of Chinese President Xi Jinping during a dinner at last month’s Asia-Pacific Economic Cooperation conference in San Francisco. It is a … Read more