Nvidia Stock Is Joining the Dow Jones Industrial Average Stock Index and Intel Is Being Booted
The leading artificial intelligence (AI) chip stock gained nearly 3% in Friday’s after-hours trading.
The Daily
Stock market today: Indexes jump as Amazon lifts tech and jobs data boosts rate-cut views
- US stocks started November with gains even as the latest jobs came in much weaker than estimates.
- Job gains were the lowest since December 2020, impacted by hurricanes and the Boeing strike.
- Amazon shares surged on its latest earnings beat, while Apple fell on weak China results.
How to Invest in Gold
Of all the elements on the periodic table, none possess more mystique and allure than gold. It’s the metal that has set off international conflicts and mad dashes for instant wealth.
Gold is one of the most coveted alternative investments and has been for decades.
Today’s 30-year mortgage interest rates rise to 6.99% while 15-year terms increase to 6.13%
The median interest rate on a 30-year fixed-rate mortgage is 6.99% as of November 1, which is 0.11 percentage points higher than yesterday. Additionally, the median interest rate on a 15-year fixed-rate mortgage is 6.13%, which is 0.13 percentage points higher than yesterday.
Mortgage interest rates crept higher last week according to Freddie Mac,
Nvidia To Take Intel’s Place in the Dow Jones Industrial Average
Key Takeaways
- Artificial intelligence darling Nvidia and paint maker Sherwin-Williams are set to join the Dow Jones Industrial Average, replacing Intel and chemical giant Dow.
- The changes will take effect prior to the start of trading next Friday, Nov. 8, according to S&P Dow Jones Indices.
» Read more about: Nvidia To Take Intel’s Place in the Dow Jones Industrial Average »
Nvidia replacing fallen icon in Dow stock index after 25-year run
Intel will lose its spot in the Dow Jones Industrial Average after a 25-year run to Nvidia, S&P Dow Jones Indices said Friday, the latest blow to the struggling chipmaker that was among the first two technology firms to be included in the blue-chip index.
Once the dominant force in chipmaking,
» Read more about: Nvidia replacing fallen icon in Dow stock index after 25-year run »
S&P 500: Second Sign Of Downside Volatility Emerges, Odds Of Medium-Term Corrective Decline Increase
Dean Popplewell has nearly two decades of experience trading currencies and fixed income instruments.
Petrobras Denies Media Speculation on Dividends and Strategy
Petroleo Brasileiro SA- Petrobras (PBR) has released an update.
Petrobras has clarified that recent media reports about changes in its dividend payments and strategic plans are inaccurate. The company stated that any decisions regarding dividends are made by the Board of Directors, and the details of its Strategic Plan for 2025-2029 are still being developed.
» Read more about: Petrobras Denies Media Speculation on Dividends and Strategy »
Best-performing energy stocks: November 2024
Energy stocks can be hot and cold, but when they’re hot, they can move as quickly as any tech stock. And it’s a popular sector to trade when oil prices skyrocket or geopolitical tensions ratchet up, as prices can become highly volatile and traders jump into the action.
» Read more about: Best-performing energy stocks: November 2024 »
Nvidia's edge over Intel just got more extreme. Here's what it means.
- Nvidia stock will replace Intel in the Dow Jones Industrial Average, S&P Dow Jones Indices said Friday.
- Intel had held the position for 25 years, and the shift represents a shake-up among the tech titans.
- Business Insider’s Emma Cosgrove explains why the move matters for the broader AI ecosystem.
» Read more about: Nvidia's edge over Intel just got more extreme. Here's what it means. »