Shares of leading designer of graphics chips Nvidia (NASDAQ:NVDA) fell 3.5% in the afternoon session after investors took some profits off the table as markets awaited signals on future monetary policy from the Federal Reserve’s Jackson Hole symposium later in the week.
The downturn in the market was largely attributed to a significant sell-off in megacap tech and chipmaker shares.
» Read more about: Why Nvidia (NVDA) Stock Is Falling Today »
Nvidia (NVDA) may be the market’s biggest AI stock, but institutional investors are still shying away.
“NVDA is now the most under-owned large-cap tech stock,” Morgan Stanley analyst Erik Woodring wrote in a note.
Though the chipmaker has grown into the world’s most valuable company, investors don’t hold it in line with its S&P 500 (^GSPC) weight.
» Read more about: Nvidia is the most underowned megacap stock, Morgan Stanley says »
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» Read more about: FirstFT: US tech stocks fall amid wave of concerns over AI boom »
Ethereum continues to make waves in the cryptocurrency market, and recent data reveals a significant development: U.S.-listed spot Ethereum exchange-traded funds (ETFs) now hold more than 5% of the total Ethereum (ETH) supply. This milestone indicates increasing institutional interest in Ethereum and could have a substantial impact on the cryptocurrency’s market dynamics.
Spot Ethereum ETFs allow investors to gain exposure to Ethereum without directly purchasing or holding the cryptocurrency.
» Read more about: US Spot Ethereum ETFs Now Control Over 5% of ETH Supply »
The S&P 500 posted gains in May, June, and July, a rare occurrence that has historically preceded more upside in the next year.
The S&P 500 (^GSPC -0.59%) crashed in early April, when President Trump outlined a shockingly severe slate of tariffs that Morningstar strategist Preston Caldwell called “a self-inflicted economic catastrophe.”
An analyst launched coverage of Thermo Fisher Scientific (NYSE: TMO) after market close on Monday,
» Read more about: Why Thermo Fisher Scientific Stock Was Topping the Market Today »
On August 7, 2025, President Donald J. Trump issued an Executive Order designed to broaden access to alternative investments, such as private equity, commodities, real estate, and certain digital assets, for participants in 401(k) and other defined contribution retirement plans. The initiative is framed as an effort to “democratize” investment opportunities that were historically limited to institutional and high-net-worth investors.
PITTSBURGH, Aug. 19, 2025 (GLOBE NEWSWIRE) — Matthews International Corporation (NASDAQ GSM: MATW) (“Matthews” or the “Company”) today announced that Steven F. Nicola, Chief Financial Officer and Treasurer, has advised the Company’s Board of Directors (the “Board”) of his plans to retire effective December 31, 2025, after more than three decades of dedicated service.