July 1, 2024
Finance

Why Nvidia stock is now in treacherous waters: Morning Brief

This is The Takeaway from today’s Morning Brief, which you can sign up to receive in your inbox every morning along with: The weight of high expectations is often a heavy burden to carry. In life, if you are a top performer at work, it’s expected that you will show up to be a top

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Finance

Stocks waver after jobs report smashes expectations

US stocks wobbled on Friday, after a jobs report seen as pivotal to expectations for interest-rate cuts showed much stronger hiring growth than expected. The S&P 500 (^GSPC) rose 0.2%, while the Dow Jones Industrial Average (^DJI) gained 0.3%, coming off a lackluster session Thursday for the three major gauges. The tech-heavy Nasdaq Composite (^IXIC)

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Finance

The AI revolution is hotter than ever — but investors should be realistic about its timeline

Investors are once again piling into the artificial intelligence trade — but those looking for a fast return should think twice. Nvidia stock (NVDA) hit a record intraday high this week ahead of its 10-for-1 stock split while new product announcements have fueled demand for stocks like AMD (AMD), c3.AI (AI), and Super Micro (SMCI).

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Investors

Investors hold their breath for inflation data

A look at the day ahead in European and global markets from Ankur Banerjee The time for waiting is almost over as inflation reports from Europe and the U.S. headline the day’s agenda, with any kind of surprise likely to sway markets as investors weigh the shifting expectations over global rates. First up will be

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Finance

Wall Street ticks higher as S&P 500 and Nasdaq composite head for more records

NEW YORK (AP) — Most U.S. stock indexes are ticking higher on Monday and adding to their latest winning week. The S&P 500 was up 0.2% in afternoon trading and on track to surpass its record set last week. The Nasdaq composite was 0.6% higher and likewise on pace for a record, as of 1:38

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