Nvidia earnings shock looms as chip stocks sink and bearish bets surge across AI sector
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Nvidia earnings shock looms as chip stocks sink and bearish bets surge across AI sector
Stocks fell sharply on Wall Street as inflation fears pushed up the cost of US government borrowing to its highest level since 2007.
For much of the post-2008 era, Wall Street treated zero interest rates as a permanent feature of the landscape, a kind of monetary gravity that pulled every asset price higher. Stocks ran. Bonds ran. Private credit ran. The benchmark S&P 500 vaulted off its 2009 low while the technology-packed Nasdaq Composite did even better. But ... Former Fed Official: The Fed’s Biggest Mistake Wasn’t Rate Cuts. It Was Keeping Them Low Too Long.
Global investors weigh elevated Treasury yields against rising inflation, fiscal deterioration, and Iran-linked energy risks.
Doug Ostrover is selling the last of his stake in the NFL team after the stock of his investment firm plummeted.
Nebius Group fell nearly 9% after a DA Davidson downgrade, despite reporting 684% revenue growth and reiterating its 2026 guidance of $3B to $3.4B.
Costco Wholesale's (COST) fiscal third-quarter earnings are expected to fall short of consensus esti
The ruling removes a major legal obstacle as OpenAI explores future growth plans.
Inbesting.com -- Canada’s annual inflation rate accelerated less than anticipated in April as underlying price pressures showed signs of cooling. According to data from Statistics Canada, the consumer price index rose 2.8% from a year earlier, marking its fastest pace since May 2024 but falling short of the 3.1% rate economists surveyed by Bloomberg expected. Higher energy prices, particularly for gasoline, served as the primary driver behind the acceleration in the headline figure. Geopolitical
Yields on U.S. Treasurys are continuing their ascent today, after climbing to multiyear highs over the past days. Yields on 10-year Treasurys are now trading well above 4.6%, while 30-year notes are not far off from 5.
Many people dream about success, but far fewer are willing to accept the sacrifices that often come with it, according to “Shark Tank” investor Robert Herjavec. In a recent video clip he shared on his YouTube channel, Herjavec reflected on...
U.S. stock futures were pointing to small losses amid fear that without a diplomatic breakthrough on Iran, oil prices will keep rising and push up inflation.
A $99 million settlement proposal with a group of farmers and independent agriculture repair shop owners received preliminary approval this week in a separate case.
A sell-off in chip stocks and worries about inflation tied to the war in Iran are adding to pressure on equities
Regulatory scrutiny raises questions over licensing model in chip ecosystem
Markets were feeling on edge Thursday as a tech selloff, inflation fears, and the continuing stalemate between the U.S. and Iran weighed on sentiment. The Cboe Volatility Index, a widely followed fear gauge that tracks S&P 500 options contracts and trades under the ticker VIX, climbed 0.3 points to 18.1 in early trading. Yields on U.S. treasuries were also slipping early Tuesday as traders weigh up central banks’ response to renewed inflation fears.
Home Depot got a lift in the first quarter from professionals and also homeowners stocking up on spring supplies. Profit fell from its first quarter last year, but the national home improvement retailer beat Wall Street expectations. "The underlying demand in our business was relatively similar to what we saw throughout fiscal 2025, despite greater consumer uncertainty and housing affordability pressure,” CEO Ted Decker said Tuesday.
Markets were on course to open in the red Tuesday as the chip-stocks rally that has powered gains for much of the year continued to lose steam. Stock futures tied to the tech-heavy Nasdaq were down 0.3%, having finished 1.5% lower the previous session led lower by a Big Tech selloff. Dow Industrial futures were falling 34 points, or 0.1%, while S&P 500 futures dropped 0.2%.
Sometimes the most interesting analyst moves aren't the regular clean upgrades but the ones that look different. A good example is what we see in Broadcom. The analyst firm cut a number, raised a target, and somehow made the bull case stronger in the process. UBS raised its price target on ...
(Bloomberg) -- Supercharged gains in a handful of companies and weak market breadth are stoking concerns that the world’s hottest stock market is overheating in some pockets. Most Read from BloombergUS Lawmakers Plan New $130 Fee for Electric Vehicle OwnersBillionaire Rinehart Bets $100 Million on US Defense StocksStocks and Oil Whipsaw on Mixed US-Iran Signals: Markets WrapTrump Says Holding Off on New Iran Strikes After Gulf AppealElon Musk Loses Case Against Sam Altman Over OpenAI’s OverhaulU
(Bloomberg) -- Meta Platforms Inc. is reassigning 7,000 workers to new jobs related to artificial intelligence, according to an internal memo, part of a broad corporate restructuring that includes planned staff reductions later this week. Most Read from BloombergStocks and Oil Whipsaw on Mixed US-Iran Signals: Markets WrapUS Lawmakers Plan New $130 Fee for Electric Vehicle OwnersBillionaire Rinehart Bets $100 Million on US Defense StocksIranian Media Said US Offered Interim Waiver on Oil Sanctio
Wall Street weighed inflation concerns and counted down to Nvidia earnings.
US stock futures traded flat as Wall Street weighed inflation concerns and counted down to Nvidia (NVDA) earnings.
The class-action complaint claims Amazon prioritized political goodwill over reimbursing shoppers for invalidated IEEPA tariffs.
After three weeks of testimony, $134 billion in demands, and a judge who was ready to dismiss the appeal before the ink was dry, Silicon Valley's messiest soap opera is over (for now)
Investing.com -- Tesla Inc (NASDAQ:TSLA) fell 3% Monday as the SpaceX initial public offering sparked concerns among Wall Street analysts about competition for investor capital and management attention.
The $110 million settlement, which was mapped out last fall, requires Wells Fargo to establish a $100 million fund to provide downpayment and closing-cost assistance to eligible borrowers who live in or plan to buy a home in certain low- and moderate-income census tracts.
Meta detailed its layoff plans for this week in a memo shared with employees on Monday, saying cuts to 10% of its workforce globally would be accompanied by a new round of organizational changes aimed at improving the company's AI workflows. The Facebook owner is planning to lay off 10% of its employees on Wednesday, with notifications going out in three batches globally at 4 a.m. local time, according to the memo, seen by Reuters. In the memo, Meta's head of human resources, Janelle Gale, told employees that "many leaders will announce org changes" in coordination with the layoffs.
The clock ran out on Elon Musk’s lawsuit against OpenAI before a jury ever had time to decide whether his allegations were true.