One of the most profound changes in the tech landscape over the past couple of years has been the advancements in the field of artificial intelligence (AI). There’s a strong argument that the advent of AI early last year was one of the biggest sparks that set off the current bull market rally. ChatGPT heralded the advent of generative AI,
Nvidia stock (NVDA) sank as much as 3.4% Monday before paring losses, following a new report from the Information highlighting overheating issues with its latest Blackwell artificial intelligence servers.
The news comes ahead of the AI chipmaker’s earnings report, which is slated for release after the market close on Wednesday.
» Read more about: Nvidia stock sinks on reports of Blackwell AI server issues ahead of earnings »
On Monday, Cathie Wood-led Ark Invest made a series of trades, with Tesla Inc. TSLA being the most prominent. This comes amidst reports of President-elect Donald Trump’s plans to ease restrictions for self-driving vehicles and Tesla’s shares racing higher.
The TSLA Trade
Ark Invest’s trade involving Tesla shares comes at a time when the company’s stock is experiencing a significant surge.
» Read more about: Cathie Wood's Ark Sells $10M Of Tesla Stock As Trump's AV Plans Boost Stock »
In March, newly installed Social Security chief Martin O’Malley criticized agency “injustices” that “shock our shared sense of equity and good conscience as Americans.”
He promised to overhaul the Social Security Administration’s often heavy-handed efforts to claw back money that millions of recipients — including people who are living in poverty,
» Read more about: Social Security tackles overpayment clawback ‘injustices,’ but problems remain »
Trends on GIFT Nifty indicate a positive start for the broader index in India, with a gain of 53.50 points or 0.23 percent. The Nifty futures were trading around 23,578.50 level.
The Nasdaq and S&P 500 closed higher on Monday, recovering some losses as investors anticipate quarterly earnings from AI leader Nvidia and Tesla jumped on the prospect of favorable policy changes from the incoming Trump administration.
Nvidia (NASDAQ: NVDA) stock’s stellar rally is set to be tested when the semiconductor giant releases its fiscal 2025 third-quarter results (for the three months ended Oct. 27) on Nov. 20, as investors and analysts will be expecting the chipmaker to continue its artificial intelligence (AI)-fueled surge.
After all,
Nasdaq Inc. is planning to list options on BlackRock Inc.’s Bitcoin exchange-traded fund, possibly as soon as Tuesday, allowing investors to use derivatives to bet on or against the world’s largest …
» Read more about: Nasdaq Poised to List Spot-Bitcoin ETF Options as Crypto Assets Rally »
Stock Market Today: The domestic stock market indices closed lower on Monday, extending its losing streak. The domestic indices closed in the red for the seventh consecutive session as the Q2 earnings season comes to an end. The Nifty 50 index closed 0.34 per cent lower after Monday’s session at 23,453.80 points,
Donald Trump’s election has shaken up financial markets in a way that few elections have. Stocks soared broadly on his victory with financials and energy stocks leading the way, while some sectors fell, including real estate, which is sensitive to interest rates, and consumer staples, which could get hit by tariffs.
Bond yields initially jumped,
WASHINGTON, DC – SEPTEMBER 18: Federal Reserve Chairman Jerome Powell speaks during a news … [+]
» Read more about: Will The Fed Cut Interest Rates In December? »