BEIJING , March 9, 2020 — March 6, 2020 shows a trader working at the New York Stock Exchange … More reflects concerns for a possible all-out oil price war and economic slowdown. (Photo by Michael Nagle/Xinhua via Getty Images) Xinhua News Agency/Getty Images It was another rough week for the stock market as the…
Nvidia stock is trading below a key technical level after this week’s $600 billion rout. The decline comes amid investor concerns over DeepSeek, a new AI model from a Chinese startup. The next catalyst for Nvidia is likely to be its earnings report on February 26. Nvidia stock is on thin ice as it trades…
Gold declined due to profit-taking amid AI sector overvaluation fears. Market sell-off driven by interest in Chinese AI firm, DeepSeek, dampens gold’s appeal despite lower bond yields. Global economic worries grow as China’s PMI data reveals contractions in services and manufacturing. Gold price slid over 1% late on Monday during the North American session, sparked…
TSMC’s strong Q4 2024 earnings and positive 2025 forecast boosted market sentiment and drove gains in chip stocks like Nvidia. Overall corporate profits remain strong, with a high percentage of S&P 500 companies exceeding earnings estimates. Technically, the S&P 500 is still in a bearish trend, but a close above the 5981 handle could signal…