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
This year’s stock market rally has been led by just a few large tech names — but that might not be such a bad thing. Yahoo Finance’s Josh Schafer has the scoop: “We see a small group of tech winners leading stock gains as a feature of the artificial intelligence (AI) theme — not a
Nvidia stock (NVDA) popped more than 5% on Tuesday, reversing a three-day slide that erased roughly $430 billion of the AI chip giant’s market cap. Shares had declined nearly 13% since Thursday as investors rotated out of the stock, which hit a record-high close exactly one week ago when it briefly surpassed Microsoft (MSFT) as
NEW YORK (AP) — A rebound for Nvidia is helping keep U.S. indexes close to their records Tuesday. The S&P 500 was 0.1% higher in early trading and edging closer to its all-time high set a week earlier. The rebound for Nvidia helped the Nasdaq composite climb 0.4% and head toward its first gain in
US stock futures held broadly steady on Tuesday with AI chipmaker Nvidia (NVDA) eyeing a cautious comeback from a three-day skid as investors squared away their portfolios for the quarter’s end. Futures on the tech-heavy Nasdaq 100 (NQ=F) moved up roughly 0.5%, while those on the benchmark S&P 500 (ES=F) rose 0.2%. Dow Jones Industrial
Nvidia (NVDA) stock fell more than 6% to close at $118.11 per share on Monday as investors rotated out of the hottest AI play of the year. The session marked the third consecutive day of losses for shares of the chip heavyweight. The stock has declined more than 12% from its all-time closing high of
Photo: Justin Sullivan (Getty Images) Nvidia’s head of investor relations and strategic finance is leaving the booming chip company for a startup. The Fed needs to start cutting rates now, strategist says Simona Jankowski, vice president at Nvidia, announced her departure from the chipmaker after seven years for a chief financial officer role at a
Nvidia (NVDA) stock fell as much as 5% on Monday as investors rotated out of the hottest AI play of the year. The session marked the third consecutive day of losses for shares of the chip heavyweight as they slipped into correction territory. The stock declined more than 11% from its all time closing high
The Nasdaq Composite, which tracks the stock performance of the more than 3,000 stocks listed on the exchange, hit a new all-time high (again) this week. This marks the 19th time this year the benchmark has ascended to new heights (as of this writing) and its longest winning streak since late 2021. There’s likely much
It’s hard to look past Nvidia (NASDAQ:NVDA) these days, but it’s important to remember that there are also plenty of other great semiconductor (chip) stocks out there. The VanEck Semiconductor ETF (NASDAQ:SMH) enables investors to gain exposure to both Nvidia and other attractive opportunities within the semiconductor space. I’m bullish on SMH based on its