The Fed's preferred inflation gauge, the personal consumption and expenditures index, rose 0.3% from November and 2.6% on an annual basis.
The S&P 500 was muted on Thursday as losses in tech heavyweights Microsoft and Nvidia countered earnings-led gains for Meta and Tesla, while investors parsed a slew of corporate earnings a day after the U.
Twilio (NYSE: TWLO) stock has been red-hot on the market in the past six months, rising an incredible 148% as of this writing as investors seem to have recognized the potential impact of the growing adoption of artificial intelligence (AI) on the company's business.
Shares for leading US chip firm Nvidia dropped by almost 17% on Monday after the emergence of DeepSeek stunned Silicon Valley.
US-listed shares of tech giants Nvidia, TSMC, and others are gaining some lost ground after China's DeepSeek rattled stock markets.
Nvidia stock is set for its worst trading day in recent history — however, two Wall Street analysts remain bullish, despite new competition.
Nvidia the artificial intelligence titan, is on a downward spiral as investors react to the possibility of reduced spending in AI.
Live Updates Stocks on the Move Today 10:57 am Looking at a heat map of the market today, there’s a lot of red. Berkshire Hathaway (NYSE: BRK.B) is down 2%. Healthcare stocks are uneven with Johnson & Johnson (NYSE: JNJ) down 3% following earnings.
A major tech stock sell-off ensued Monday as the debut of DeepSeek rattled investors. Nvidia, Alphabet, and Microsoft were among the biggest losers.
Quantum computing stocks have exhibited extreme volatility in recent weeks. As most investors are already aware, comments from Nvidia (NASDAQ:NVDA) CEO Jensen Huang drove this sharp decline in most quantum computing stocks earlier in January.
Despite the recent crash and the emergence of DeepSeek, Wall Street analysts have generally maintained their bullish outlook on Nvidia stock.