Why Thursday's Nvidia Earnings-Led Stock Market Early Rally Turned Into a Rout

Why Thursday’s Nvidia Earnings-Led Stock Market Early Rally Turned Into a Rout

Two key reasons for Thursday’s market reversal were increased concern that the Federal Reserve would not cut interest rates in December and jitters about an AI bubble not fully extinguished by Nvidia’s earnings report. Many investors in Nvidia (NVDA 3.17%) stock and other artificial intelligence (AI) stocks probably went to bed on Wednesday night believing…

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SoftBank sinks over 10% as Nvidia-fueled rout sweeps Asian chip names

SoftBank sinks over 10% as Nvidia-fueled rout sweeps Asian chip names

The logo of Japanese company SoftBank Group is seen outside the company’s headquarters in Tokyo on January 22, 2025.  Kazuhiro Nogi | Afp | Getty Images A sector-wide pullback hit Asian chip stocks Friday, led by a steep decline in SoftBank, after Nvidia‘s sharp drop overnight defied its stronger-than-expected earnings and bullish outlook. SoftBank plunged more…

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