Nvidia and the Magnificent 7
Nvidia's exceptional earnings marked the conclusion of another notable reporting season for the "Magnificent 7" tech stocks, highlighting their significant influence over this year's remarkable&nbs......
Brewing Success
On Friday, stock futures are indicating a positive start as Wall Street eagerly anticipates the latest U.S. inflation data, concluding what has been a challenging month for equities this year.
Key highlights for Friday
Nike's stock...
Unleashing AI Potential
In a strategic move reflecting the AI computing trend, SoftBank's Arm is gearing up for a substantial US initial public offering (IPO).
Leading financial institutions, including Barclays, Goldman Sachs......
Market highlights
It start with a brief overview of the market conditions, mentioning the slight gains in September E-Mini S&P 500 futures (ESU23) and Sep Nasdaq 100 E-Mini futures (NQU23) this morning.
U.S. Durable Goods Orders Report:
Highligh......
Nvidia shares and report
Nvidia (NASDAQ: NVDA)'s financial report showed that the chipmaker's revenue and profit growth remain strong and exceed analyst estimates.
Nvidia (NASDAQ: NVDA) shares reacted with a 6% decline on the release of its Q1 fiscal......
Schedule for the week
The S&P 500 and Nasdaq Composite ended the week recording their 7th consecutive negative week. It is worth noting that this is the longest streak since the end of the dot-com bubble in 2001.
However, companies will continue ......
Friday trading results
The US stock market ended Friday's trading mixed, with the oil and gas, telecoms and finance sectors strengthening.
At the close on the New York Stock Exchange, the Dow Jones rose 0.40 per cent, the S&P 500 fell 0.27 per ce......
Thursday's start of trading
US stock indices declined on Thursday after details of last year's Federal Reserve meeting revealed that the central bank plans to act aggressively to fight inflation.
The Dow Jones index fell more than 250 points to 34,2......
Earnings this week
This week's market calendar includes financial reports from Nvidia, Walmart, Airbnb, Shopify and others. Investors will look forward to industrial inflation data, US retail sales rep......
US stock indices on Tuesday
The S&P 500 and Nasdaq Composite oscillated between losses and gains, while the Dow Jones Industrial Average jumped, led by Amgen, after the biotech giant announced a $6 billion share buyback.
In news of the shakeout...
Nvidia and ARM
The US corporation Nvidia has decided to abandon its acquisition of UK company Arm due to disapproval of the deal by regulators. The Financial Times reported this on Tuesday, citing unnamed s......
Nvidia and ARM
Nvidia Corporation (NASDAQ:NVDA) is preparing to back out of buying UK chip developer Arm from SoftBank Group (T:9984) amid problems with regulatory approval of the deal, Bloomberg writes citing sources.
According t......
Stock futures rise
US stock index futures rose on Thursday after weaker-than-expected producer price data eased fears of a faster interest rate hike by the Federal Reserve while Delta Air Lines led gains among...
Following the release of minutes from the Fed
The Nasdaq Composite index collapsed as much as 3.34% and the S&P 500 by 1.94% in one trading day on Wednesday, as stocks fell sharply following the release of the December Fed meeting&n......
New electric car
Chinese electric vehicle manufacturer Nio (NIO) unveiled its new ET5 sedan, AR glasses and expansion plan for Germany, the Netherlands, Sweden and Denmark in 2022 during 'Nio Day' on 18 Dec......
A step into the Metaworld
Intel (INTC) says it will spend $7.1bn to build a chip manufacturing plant in Malaysia as it seeks to compete with TSMC. Intel claims software that will be a "technical breakthrough" ...
Lawsuit against Nvidia
The Federal Trade Commission (FTC) is suing the NVDA to block an agreement to merge ARM, the largest-ever corporate semiconductor merger. Analysts believe the authorities will block the ...
Earnings report cheers investors
Nvidia (NVDA) shares are rising again as the company's financial report and forecasts are generating investor enthusiasm. Falling sales of crypto processors have been offset by expectations of benefits from the develop......
Schedule for the week
Investors in the US stock market this week will be treated to important economic data on US retail sales for October. Nvidia (NVDA), Alibaba (BABA), Li Auto (LI), Lucid (LCID), Walmart (WMT), Home Depot (HD) and others will relea......
Nvidia shares after cloud gaming launch
Nvidia (NVDA) on Thursday announced the launch of its GeForce NOW RTX 3080 cloud service for streaming high-resolution, ultra-low latency video games by using po......
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