U.S. stocks fell modestly midday Thursday as Treasury yields rose and crude oil prices climbed above $100 per barrel, driven by renewed geopolitical risks from Iran's hardened stance on uranium exports. Despite Nvidia's strong earnings report with record revenue and a large buyback plan, the tech-heavy Nasdaq 100 dropped 0.6%, reflecting cautious investor sentiment. The S&P 500 and Dow Jones also declined slightly, while small-cap stocks edged higher. Rising oil prices and Treasury yields, along with mixed corporate earnings, suggest ongoing market uncertainty ahead.
Kevin Warsh begins his tenure as Fed Chair facing inflation pressures driven by rising semiconductor prices, a trend reversed by the AI infrastructure boom. For decades, falling chip costs helped keep U.S. inflation low, but now producer prices for s...
Nvidia reported better-than-expected Q1 earnings and raised revenue guidance, boosting its stock slightly in premarket trading. SpaceX filed its S-1 registration with the SEC, signaling an upcoming IPO and providing rare financial insights. U.S. stoc...
Nvidia, led by CEO Jensen Huang, is expanding beyond its core GPU business into the $200 billion central processing unit (CPU) market. The company introduced its first standalone AI CPU, called Vera, in March, marking its entry into a new segment. Nv...
NVIDIA reported a historic quarter with revenue up 85% year-over-year to $81.6 billion, beating estimates and driven by a 92% surge in Data Center sales. The company raised its dividend, approved an $80 billion buyback, and forecasted $91 billion rev...
Following Nvidia's earnings report, the previously crowded dispersion trade in the equity market is expected to unwind, leading to reduced single-stock volatility. This earnings season featured an unusually high spread between single-stock and index ...
