Nvidia Earnings Will Make or Break Stock Market
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Viewed through that lens, Nvidia looks compelling. But there are real risks.
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Stock Market Today: Dow Skids, AI Play Dives As Peter Thiel Exits; Netflix Divvies Up Its Shares (Live Coverage)
The Dow Jones index fell on the stock market today. Lithium stocks rose on bullish commentary. Alphabet jumped on a Warren Buffett move but Peter Thiel dumped a key AI stock.
Chipmakers including Nvidia and Intel are down along with much of the stock market Tuesday, as fears of an AI bubble grow.
Crypto stocks were struggling ahead of the opening bell. Coinbase Global dropped 1.4%, Robinhood Markets fell 1.9%, and Strategy declined 0.8%. The selloff came as investors continued to ditch Bitcoin, with the world’s largest digital asset down 4.2% to $91,371 over the past 24 hours.
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Why NiCE Stock Crumbled Today
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Sumeet Bagadia recommends five breakout stocks to buy today - Garware Hi-Tech Films, Aditya Infotech, Azad Engineering, Allied Blenders and Distillers, and PDS.
Alphabet rises after Berkshire Hathaway discloses it bought $4.3 billion worth of shares in the parent company of Google in the third quarter.
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Why i3 Verticals Stock Dropped Today
Shares of i3 Verticals (NASDAQ: IIIV) sank on Monday after the software maker issued a conservative growth forecast for the year ahead. As of 3:30 p.m. EST, i3 Verticals' stock price was down more than 10% after declining as much as 24% earlier in the day.