Nvidia stock slides as CFO cites 'unknowns' on Trump tariffs, export controls

Nvidia stock slides as CFO cites ‘unknowns’ on Trump tariffs, export controls

A top Nvidia executive said President Trump’s potential tariffs and export controls on its powerful computer chips remain an “unknown” — sending its stock sliding despite better-than-expected quarterly profits. Nvidia shares were off more than 4% Thursday morning as investor digested a mixed outlook from CEO Jensen Huang’s firm in its fourth quarter earnings report….

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Busy Week On Wall Street

Busy Week On Wall Street

NEW YORK, NEW YORK – MARCH 16: People walk past the New York Stock Exchange (NYSE) on March 16, 2023 … [+] in New York City. Stocks fell again in morning trading as investors continue to show concerns over the stability of global banks following the collapse last week of Silicon Valley Bank. (Photo by…

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Dow dives 700 points as latest data hints at slowing economy

Dow dives 700 points as latest data hints at slowing economy

Wall Street’s main indexes were set for weekly declines on Friday, as fresh data painted a weak picture for the American economy, while UnitedHealth dropped after a report that the Justice Department is investigating the healthcare conglomerate. In afternoon trading, the Dow Jones Industrial Average slumped 704 points, or 1.6%, to 43,472. The S&P 500 dropped 1.4%, and the Nasdaq lost…

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