Equity markets surged last week, led by the Nasdaq and major tech stocks like Nvidia, which rose 11.6%. The rally was driven by a weaker-than-expected employment report, which investors saw as reducing the risk of aggressive Federal Reserve interest rate hikes. This boosted growth, high beta, and large-cap tech stocks, while energy, commodities, and REITs saw selling pressure. Falling Treasury yields and expectations for looser monetary policy further supported the positive market sentiment.
Chinese President Xi Jinping is set to visit the U.S. from Wednesday to Friday, with several top American tech executives like Microsoft CEO Satya Nadella, Nvidia's Jensen Huang, and Apple's Tim Cook attending a key dinner in Washington, D.C. The Chi...
The Invesco S&P 500 Momentum ETF (SPMO) underwent a semi-annual reconstitution, resulting in 54 changes affecting about 40% of its portfolio. Apple and Merck were the largest additions, while Nvidia was removed despite a strong one-year gain of over ...
Jim Cramer recommends investors to "own it, don't trade it" for Apple and NVIDIA, emphasizing long-term holding over short-term trading. Both companies are competing for the title of the world's most valuable publicly traded company, with NVIDIA lead...
California voters will decide on November 3, 2026, a proposed one-time 5% wealth tax on billionaires with net worth over $1 billion. While billionaires like Larry Page, Sergey Brin, and Peter Thiel moved out of California to avoid the tax, Nvidia CEO...
Meta's AI agent Muse, topping the App Store in 10 days, highlights growing demand for CPUs alongside GPUs in AI workloads. Nvidia's new Vera CPU targets this shift, integrating tightly with its AI platforms to capture more server CPU revenue. While I...
