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Stock Market Today: Nasdaq 100 Rises Despite Hot PPI, Nvidia Hits Record High
Benzinga83d agobullish
Stock Market Today: Nasdaq 100 Rises Despite Hot PPI, Nvidia Hits Record High

Tech stocks ripped higher on Wednesday despite a sharply hotter-than-expected April Producer Price Index reading that rekindled inflation anxieties and rate-hike fears, as strength in semiconductors fueled investor sentiment. Nvidia Corp. (NASDAQ:NVDA) rallied for the sixth straight session to above $226 per share, with the company’s market cap soaring above $5.5 trillion ahead of next week’s highly awaited earnings report. Speaking via Truth Social shortly before landing in Beijing, Trump told

Benzinga84d agoneutral
Trade Strategy For SPY, QQQ, AAPL, MSFT, NVDA, GOOGL, META, And TSLA

Good Morning Traders! Today's economic calendar for Wednesday is lighter overall, but markets will still be closely watching inflation related data and Treasury activity. The key release comes at 8:30AM ET with Producer Price Index data, including headline and core PPI figures, which will provide additional insight into inflation pressures following yesterday's CPI report. Markets may react sharply if producer inflation comes in materially above or below expectations. Additional events include c

Stock Futures Rise as Trump Goes to China
Barrons.com84d agobullish
Stock Futures Rise as Trump Goes to China

Tech stocks looked set to rise on Wednesday as investors bought the dip ahead of President Donald Trump’s summit with China's premier Xi Jinping in Beijing. The three major indexes all slid on Tuesday after the April consumer price index report showed inflation picked up faster than expected last month. The market will be keeping a close eye on Trump’s trip to China, with the two leaders expected to discuss trade and the Iran war.

Inside Sam Altman's Dramatic Court Testimony: 'Complicated' Elon Musk Feelings, 'Hair-Raising' Tesla Talks And The Microsoft Temptation
Benzinga84d agoneutral
Inside Sam Altman's Dramatic Court Testimony: 'Complicated' Elon Musk Feelings, 'Hair-Raising' Tesla Talks And The Microsoft Temptation

On Tuesday, OpenAI CEO Sam Altman took the stand in an Oakland federal courthouse in the Musk-Altman trial. Over more than three hours of questioning from both sides, Altman reportedly addressed the key allegations at the heart of the case. Elon Musk's lawsuit alleges that Altman and OpenAI President Greg Brockman "looted" OpenAI's nonprofit structure through their partnership with Microsoft Inc. (NASDAQ:MSFT) for personal benefit. Here are the top 5 moments from Altman’s Tuesday testimony. Runn

Alibaba earnings, Trump & Xi meet, PPI data: What to Watch
Yahoo Finance Video84d agoneutralVIDEO
Alibaba earnings, Trump & Xi meet, PPI data: What to Watch

Market Domination Overtime host Josh Lipton takes a look at the top stories for investors to watch on Wednesday, May 13, including President Trump's meeting with Chinese President Xi, Alibaba (BABA) and Cisco (CSCO) earnings, April's Producer Price Index (PPI) data, and commentary from Federal Reserve officials.

Rivian Tops Q1 Estimates, but Investors Investors Rightly Remain Wary
24/7 Wall St.94d agobullish
Rivian Tops Q1 Estimates, but Investors Investors Rightly Remain Wary

Electric vehicle stocks have faced a bumpy road lately, with softening demand, tariff worries, and high interest rates testing even the strongest players. Investors wonder if newer entrants like Rivian can scale fast enough to compete against Tesla’s (NASDAQ:TSLA) volume machine or Ford’s (NYSE:F) established truck network. Rivian’s (NASDAQ:RIVN) latest quarterly results offer a mixed ... Rivian Tops Q1 Estimates, but Investors Investors Rightly Remain Wary

Amazon and Tesla Drive One-Third of FDIS as U.S. Spending Surges Despite Recession-Level Sentiment
24/7 Wall St.95d agobullish
Amazon and Tesla Drive One-Third of FDIS as U.S. Spending Surges Despite Recession-Level Sentiment

Consumer discretionary names live or die on whether households feel comfortable opening their wallets, and right now those signals are flashing in opposite directions. Right now those signals are crossing in unusual directions: the University of Michigan Consumer Sentiment Index sits at 53.3 in March 2026, deep in what economists treat as recessionary territory, yet ... Amazon and Tesla Drive One-Third of FDIS as U.S. Spending Surges Despite Recession-Level Sentiment