The S&P 500 surged just above the flatline, notching a new closing high, while the Dow Jones increased 0.2%, or about 60 points, claiming a fresh record of its own. The Nasdaq Composite headed in the opposite direction, finishing down 0.3% after a blockbuster week.Investors appeared to catch their breath …
Read More »Us stocks enjoy late session rebound after Nvidia’s results
US stocks were able to erase previous losses ahead of Nvidia Corp.’s quarterly numbers, as investors eagerly awaited the firm’s ability to match the high expectations surrounding artificial-intelligence technology. Nvidia has been the poster child of AI enthusiasm, making semiconductor chips that power generative AI and demand for those chips …
Read More »Nvidia’s Q4 results beat Wall Street’s expectations
Nvidia stock is soaring despite Wall Street’s bad week. Nvidia will pay its next quarterly cash dividend of $0.04 per share on March 27, 2024, to all shareholders of record on March 6, 2024.Nvidia reported earnings after the bell, on Wednesday, beating analysts’ estimates on the top and bottom lines. …
Read More »US stocks rally on shining earnings
Earlier in the session, the Nasdaq Composite had surged more than 1%; but, by the afternoon, gains had tapered off to roughly 0.5%. Not only did Netflix lead the way in strong profits, but other major tech companies like Microsoft and Meta also had increases in their stock prices.While the …
Read More »Wall Street declines amid soaring earnings
Tuesday saw a decline in US stocks as investors continued to monitor the direction of interest rates following a mediocre start to the earnings season that was marked by significant bank results.The S&P 500 fell 0.2% and the Dow Jones Industrial Average fell 0.4%. Despite briefly entering positive territory during …
Read More »US stocks rise ahead of Nvidia’s crucial results
Wall Street’s key indexes rose on Wednesday due to Nvidia stock’s surge in shares, driven by expectations of a positive future outlook from the chip designer. Nvidia’s sales target exceeded Wall Street projections, leading to a record high for the chip designer’s shares. Analysts worry about a bigger selloff if …
Read More »US stocks gain with Nvidia in spotlight
Early on Tuesday, the US stock markets were expected to begin higher thanks to expectations that chipmaker Nvidia would increase its gains ahead of its earnings announcement on Wednesday. Following reaching their greatest level in over 16 years, benchmark Treasury yields decreased.Futures for the Dow Jones Industrial Average increased by …
Read More »Nvidia surge leads Megacap gains as US Indexes close higher
Following an optimistic note from Morgan Stanley, shares of chipmaker Nvidia rose, helping the S&P 500 and Nasdaq close higher. As investors awaited the earnings results from US retailers, this caused other Megacap growth stocks to increase. The information technology index increased thanks to Nvidia’s gain, making it the strongest …
Read More »Dow falls for the first time in four sessions amid earnings season
US stocks fell on Wednesday after the latest corporate earnings that fueled existing concerns that some of the most outstanding US companies are struggling amid successive rate hikes and recession concerns.The Dow Jones Industrial Average snapped three days of gains, last down 80 points, or 0.24%. The Nasdaq Composite retreated …
Read More »US stocks give up earlier gain, impacted by chips
US Stocks were little changed on Monday, following the S&P 500′s third straight weekly gain, as investors shifted focus to a key inflation report this week and struggles for the semiconductor industry.The Dow Jones Industrial Average gained 31 points or 0.1%. The S&P 500 and Nasdaq Composite were flat. Stocks …
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