Wall Street dipped slightly on Thursday, with all major indexes edging into the red as investors digested President Donald Trump‘s latest move on auto tariffs.
China’s National Development and Reform Commission is urging firms to use energy-efficient data center chips, but it has excluded Nvidia’s H20 processor from its approved list.
U.S. stocks decline on renewed tariff concerns, technology shares lead selloff while blue-chip stocks are more resilient. VIX jumps 8%, dollar and Treasury yields remain flat.
Melius sees the collaboration between Nvidia and Cisco as a significant opportunity for the company, stating it now has "a shot to be on the right side of AI in the enterprise."
We’re still not seeing leadership emerge from the right places, although it’s beyond interesting (and no coincidence) that stocks and crypto are now behaving similarly from a technical standpoint.
Wall Street’s recovery from its recent technical correction paused for a breather on Tuesday, as investors awaited more clarity on tariff developments and digested a downbeat consumer confidence report.
According to a Bloomberg report, Nvidia, Oracle, and other industry leaders have been lobbying the Trump administration to roll back the AI diffusion rule entirely.
Wall Street soared Monday, kicking off the week in full risk-on mode as investors welcomed signs of easing trade tensions and stronger-than-expected economic data.
In this week's video, we'll review the latest charts and data to help us answer the question, will the April 2nd reciprocal tariffs bring additional pain for investors?
Wall Street remains in the red heading into the end of the week, with major indexes posting modest midday losses in New York, though well off the session’s earlier lows.
Despite the strong headline numbers, concerns over gross margins and near-term pricing pressure weighed on sentiment. The company's fiscal Q2 revenue declined 8% sequentially, reflecting weaker demand in certain segments.
