We adhere to strict standards of editorial integrity to help you make decisions with confidence. Some or all links contained within this article are paid links. The story of Nvidia (NVDA) founder and CEO Jensen Huang is a compelling testament to the American Dream.
If so, that makes it less likely that the Federal Reserve will cut interest rates and create a more favorable backdrop for growth stocks. Nvidia stock is facing another bearish pressure following ...
Investopedia on MSN12d
Why Tech Stocks Dropped Monday
Technology stocks struggled across the board on Monday, including declines among all but one of the Magnificent 7 firms and a big hit to quantum computing stocks.
Nvidia, AMD, and Broadcom sold off after the Biden Administration released new AI chip export rules late Friday.
Bull markets often carry with them great expectations about future growth. Sometimes those expectations by the investing masses are too lofty given fresh incoming realities. I fancy that is the case today as we get ready to enter a firehose of news over the next month that could inject renewed volatility into markets.
Nvidia’s scorching 800% rally in the past two years has hit a stumbling block. Facing pressure from slowing revenue growth, tougher competition and stricter regulation — Nvidia shares have dropped for the past five days, shedding 12% since a record on Jan. 6. And since October, the stock has largely been stuck in the trading range.
Wall St rallies as Intel, Nvidia, and SLB lead gains. Banks surge 6%, while Truist climbs on strong profits. Investors eye Trump’s policy outlook.
Quantum Computing didn't have any news of its own to report, but the company is even smaller than D-Wave, with less than $1 million in revenue over the last four quarters. Its stock has soared even higher than D-Wave's over the last year, a disconnect that could lead to a continued decline in Quantum Computing's shares.
The Dow Jones Industrial Average fell 140.82 points, or 0.32%, to 44,424.25, the S&P 500 lost 17.47 points, or 0.29%, to 6,101.24 and the Nasdaq Composite lost 99.38 points, or 0.50%, to 19,954.30.
Wall Street's main indexes closed lower on Friday as investors stepped back while they digested a mixed bag of economic data and earnings reports and prepared for a week filled with economic releases and a Federal Reserve meeting.
In other words, Wall Street just might be one of the few institutions in America capable of constraining Trump, who has bent the Republican Party to his will, pushed the Democratic Party aside and exerted influence on the bureaucracy, the judiciary, corporations, the news media and other power bases.
Bridgewater Associates founder Ray Dalio strikes a cautious tone on today's stock valuations, especially for the Mag 7.