Tech Heavy: Can Nvidia become the Tay-Tay of Mega Tech this week?
Link copied to
clipboard
The Week that Was
Wall Street fell on Friday, ignominiously closing out a nigh-celebratory four-week winning streak for all the major US indices.
The record highs are on hold and volatility has a new name: Gavin.
» Read more about: Tech Heavy: Can Nvidia become the Tay-Tay of Mega Tech this week? »
Read MoreStock market today: Asian shares trade mixed after Wall Street was closed for a holiday
TOKYO (AP) — Asian shares were trading mixed Tuesday a day after Chinese markets reopened from a long Lunar New Year holiday.
Wall Street trading was closed Monday in the United States for President’s Day. Investors were generally turning less optimistic because of expectations that higher interest rates would likely kick in soon.
Read MoreDay trading guide for stock market today: Nine stocks to buy or sell on Tuesday — 20th February
“Domestic Equities attained new highs with Nifty touching fresh levels of 22186.65 levels before closing with gains of 81 points at 22122. The midcap and smallcap indices surged in line with the benchmark. The majority of the sectors ended in the green. Consumer Durables, Pharma, and FMCG were top gainers today, while Realty,
Read MoreMcCarthy Stone plans for Hadleigh retirement apartments
The company has submitted plans to Castle Point Council to build 39 apartments on land off Park Chase, Hadleigh, as “high quality accommodation” for older residents.
Residents on social media have raised a series of concerns about the new homes being built, however some have acknowledged this “form of housing is needed in the area”.
» Read more about: McCarthy Stone plans for Hadleigh retirement apartments »
Read MoreWhy Nvidia Stock Plunged 10% Today
Super Micro Computer’s lack of a preliminary earnings report led to a bloodbath in the sector.
It’s rare for a $2 trillion stock to fall on no direct news, but that’s exactly what happened to Nvidia (NVDA -10.01%) today.
Shares of the AI chip leader got swept up in a broader AI sell-off after one analyst noted that Super Micro Computer (SMCI -23.14%),
» Read more about: Why Nvidia Stock Plunged 10% Today »
Read More