Nvidia is expected to announce strong Q4 2024 earnings, driven by high demand for GPUs in data centers and AI applications. Click to read.
S&P 500 futures rise on in-line inflation data, but US stocks face worst week of 2025. Nvidia, Dell, and Alibaba stocks tumble on mixed market sentiment.
US stocks open up after strong, not stellar, Nvidia earnings curb enthusiasm. Trump's tariff talk also adds uncertainty. Inflation data due Friday.
Technology stocks swooned on Thursday, pulled lower by a painful selloff for AI darling Nvidia Corp. Shares of Nvidia tumbled 8.5% Thursday for the company's worst postearnings drop since Nov. 16, 2018,
In the bond market, Treasury yields sank again following the data on consumer spending and inflation. The yield on the 10-year Treasury fell to 4.20% from 4.26% late Thursday. It’s down sharply from last month, when it was approaching 4.80%, as worries have grown about where the U.S. economy is heading.
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AI-fueled demand pushed Nvidia’s data center revenue to record highs, lifting full-year earnings as markets weigh its growth sustainability.
Stock splits, particularly in the tech sector, have gained attention in recent months. As stocks such as Nvidia and Broadcom rose above $1,000 per share, they each executed stock splits, probably in an attempt to attract more prospective investors.