NVIDIA Earnings Will Make or Break Stock Market
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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.
Stocks moved mostly higher on Wednesday following a tech-led sell-off as investors awaited earnings from Nvidia (NVDA) that will set the tone for the next leg of the AI trade. Given that, Fed minutes set for release later will be put under the microscope for insight into the economy and future policy.
Stock futures pointed higher Wednesday, with investors focused on AI darling Nvidia's highly anticipated quarterly results after the closing bell.
The S&P 500 on Monday afternoon was threatening to bust through a closely watched support level as stock losses extended an unraveling in the final hour of trading. Concerns about popular tech trades,
Creating a single stream of all UK share trading data from across different markets would cost about £93mn and bring £100mn of benefits over the next decade by improving liquidity and lowering the cost of capital, the UK regulator has said.
Nvidia reported quarterly results that handily topped Wall Street expectations, sending the stock sharply higher in after-hours trading.
Shares of Warner Bros. Discovery Inc. Series A advanced 4.18% to $23.69 Tuesday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 0.83% to 6,
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1 Cathie Wood Stock Trading for Less Than $100 That Could Soar Under the Trump Administration
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