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The S&P 500 is tracking toward its worst November since 2008 amid mounting concerns over an AI-fueled "bubble" that not even Nvidia and its CEO, Jensen Huang, could allay after it
The S&P 500, a broad measure of stocks, gained 1.5% as trading opened. The tech-heavy Nasdaq jumped 2%, but later backed down slightly from its high. The Dow Jones Industrial Average rallied 600 points, around 0.8%.
If the market pullback has you queasy, consider it an opportunity to take stock of your investments. Retirees have less wiggle room to weather volatility than younger investors, and it’s important to make sure your portfolio can withstand the bumps.
AI pioneer Nvidia was again the heaviest weight on the market. The chipmaker's drop of 3.2% brought its loss for the month to nearly 11%, putting it in "correction" territory, or when a stock falls at least 10% from its previous high. The company is scheduled to report is third-quarter financial results on Wednesday.
Vertiv (VRT) ’s stock jumped 78%, in nine months, propelled by rising revenues and margins—even as its P/E multiple decreased—triggered by consecutive earnings beats, an improved outlook, a dividend increase, and a transformative partnership with Caterpillar. Let’s delve into the factors driving this momentum.
The U.S. stock market appeared geared up for a rebound after Nvidia’s stronger-than-expected earnings report after th
While a launch in itself shouldn’t necessarily boost the stock—launching rockets is what Rocket Lab does—this one was special because it came just 48 hours after another Rocket Lab launch. Increasing the pace of launches represents another milestone for the space start-up.
WeShop surged after its IPO on meme momentum, but weak fundamentals and steep valuation signal risk. Learn more about WSHP stock here.
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AMD, ARM, INTC, NVDA: Chip stock prices are falling across the board today. Here’s the reason why
Chipmakers including Nvidia and Intel are down along with much of the stock market Tuesday, as fears of an AI bubble grow.
US stocks were hammered on Thursday as an abrupt midday reversal in markets followed a blockbuster earnings report from Nvidia and the release of the long-delayed September jobs r