Don Emmert /AFP/GettyImages US stocks fell sharply on Friday after a weak August jobs report raised recession fears. The S&P 500 had its worst week since March 2023, dropping about …
Cryptocurrency News
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Cryptocurrency News
Nvidia stock drops and flirts with key technical levels as investors flee tech
by skolnesAP Photo/David Zalubowski, File; Getty Images; Chelsea Jia Feng/BI Investors continued to sell Nvidia stock, sending the chipmaker 4% lower on Friday. Shares are on track to end the week …
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Buy the September dip in stocks as the market heads into the best 3-month stretch of the year, strategist says
by skolnesMalte Mueller/Getty Images Nasdaq 100 and S&P 500 declines in September present a buying opportunity, says Ned Davis Research. Weak seasonality data and excessive pessimism readings suggest a strong 4th …
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(Bloomberg) — Palantir Technologies Inc. (PLTR), Dell Technologies Inc (DELL). and Erie Indemnity Co. (ERIE) are set to join the S&P 500 as part of its latest quarterly weighting change. …
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Super Micro Computer Stock Fell Today and Is Now Down 67.5% From Its High — Time to Buy Before Its Stock Split?
by skolnesSuper Micro Computer (NASDAQ: SMCI) stock was battered again in Friday’s trading. The server company’s share price ended the session down 6.8%, according to data from S&P Global Market Intelligence. …
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Big Lots prepares bankruptcy filing with plans to sell stores, Bloomberg News reports
by skolnes(Reuters) – Discount home goods retailer Big Lots is preparing to file for bankruptcy as early as this Sunday and plans to sell its chain of stores through a court-supervised …
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If you look up “artificial intelligence” (AI) in the dictionary, you might just see a picture of the Nvidia logo. I’m obviously kidding, but there’s no denying that this business has …
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Cryptocurrency News
Why Nvidia and Chip Stocks Just Had Their Worst Week in More Than 2 Years
by skolnesI-Hwa Cheng / AFP / Getty Images Nvidia CEO Jensen Huang speaks at an event in Taipei last October. Key Takeaways Chip stocks had their worst week since January 2022, …
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Super Micro Computer (NASDAQ: SMCI) is getting hit with another round of big sell-offs Friday. The company’s share price was down 5.5% as of 3:15 p.m. ET, according to data …
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Cryptocurrency News
Nasdaq, S&P 500 see worst week of the year in volatile start to September
by skolnesUS stocks sold off Friday following a weak jobs report for August. But one economist predicts market volatility will likely continue in the months ahead. “I do think we’re probably …