Stock Market Today: Nvidia Shares Rise Ahead of Earnings
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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.
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How did the stock market close today? Top Stock movers: GE Vernova, Block, DoorDash, and Plug Power
While intraday trading was a mix for the major indices, the stock market closed on a positive note. The S&P 500 was up 0.4% at the close, buoyed by Block and energy stock GE Vernova.The tech-heavy Nasdaq Composite fared well on the much-anticipated Nvidia earnings,
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,
However, most of these stocks are clustered in the range of 25 to 30 times next year's expected earnings. Those are not historically cheap levels. This has led many investors to conclude that the market is overvalued and ripe for a pullback -- and a correction wouldn't surprise me.
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.
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This stock trader was called a ‘market wizard’ — she’s now revealing how she performs her magic
Linda Raschke first learned about the stock market from a book in her father’s library: “A Treasury of Wall Street Wisdom,” edited by Harry D. Shultz. A copy still sits on her shelf. Raschke began her investing career at the Pacific Coast Stock Exchange before moving to the Philadelphia Stock Exchange,
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1 Cathie Wood Stock Trading for Less Than $100 That Could Soar Under the Trump Administration
Today, merchants and buyers using Block's payment networks can transact in several cryptocurrencies like Bitcoin. Consumers can even buy crypto directly for themselves using the company's Cash App. Block even owns more than 8,000 BTC directly in its corporate treasury.
The bipartisan push for a congressional stock trading ban is gaining steam, but lawmakers have yet to settle on the details of a proposal. The House Administration Committee on Wednesday held a