The S&P 500 hovered near flat on Thursday as investors struggled to build on previous gains, while the Nasdaq Composite fell about 0.2% and the Dow Jones Industrial Average inched up 91 points, or roughly 0.2%. New economic data suggests recession fears may be overblown. The National Association of Realtors reported that February sales of…
In This Story After a hectic earnings week and ongoing tariff war, March kicks off with a select group of earnings reports, with a strong focus on the AI and retail sectors. Nvidia’s record earnings reveal just 3 customers make up 30% of revenue Here’s a look at what investors should watch in the days…
A look at the day ahead in U.S. and global markets from Mike Dolan The S&P500 stock benchmark plunged into the red for the year this week as an Nvidia-led selloff, economic slowdown fears and re-ignited trade war fears jarred while the dollar surged anew. Following Big Tech megacaps and small cap indexes into negative…
Nvidia (NVDA, Financial) shares dropped about 3% Thursday morning after posting fourth-quarter results that failed to sustain the recent artificial intelligence-driven upswing. The chipmaker, widely seen as a bellwether for AI-related momentum, reported earnings that met forecasts but did not surpass them enough to energize the broader tech sector. Meanwhile, U.S. economic data provided mixed…
Semiconductor stocks are rallying this morning, buoyed by Micron Technology’s (MU) fourth quarter earnings beat yesterday. The chipmaker is leading the charge, with its shares surging over 10%. Markets (^DJI, ^IXIC, ^GSPC) are also reacting to fresh GDP and jobless claims data this morning. This comes ahead of Friday’s crucial PCE (Personal Consumption Expenditures) print,…