Cryptocurrency News
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Nvidia is flashing a sell signal and its huge rally marks the peak of a 40-year market cycle, veteran strategist says
Getty Images; Chelsea Jia Feng/BI Nvidia’s stock is flashing a sell signal, says strategist Bill Blain. Blain cites Nvidia’s high valuation and its wealthy employees as reasons to bail. He…
Nvidia Gets DOJ Subpoena in Escalating Antitrust Probe
(Bloomberg) — The US Justice Department sent subpoenas to Nvidia Corp. (NVDA) and other companies as it seeks evidence that the chipmaker violated antitrust laws, an escalation of its investigation…
Why Verizon Stock Topped the Market on Tuesday
On a down Tuesday for U.S. equities, incumbent telecom stock Verizon (NYSE: VZ) managed to land well in positive territory. On speculation that the company is about to raise its…
Dow slides 600 points, Nasdaq sinks 3% as Nvidia leads chip sell-off
Investors began September trading with a thud as stocks tumbled on Tuesday to start a historically tough month for markets, with AI darling Nvidia (NVDA) and chip names leading tech…
Why Intel Stock Is Getting Crushed Today
Intel (NASDAQ: INTC) stock is plummeting in Tuesday’s trading. The company’s share price was down 8.3% as of 2:45 p.m., according to data from S&P Global Market Intelligence. Intel stock…
Why Nvidia Stock Is Plummeting Today
Nvidia (NASDAQ: NVDA) stock is getting hit hard in Tuesday’s trading. The semiconductor company’s share price was down 8.7% as of 2:15 p.m. ET, according to data from S&P Global…
Nvidia stock tumbles to lowest level since mid-August
Nvidia (NVDA) stock sank 7% on Tuesday as the overall market declined on the first trading day of the month. The AI chip maker was the worst performer among the…
Nasdaq leads rough kickoff to September as Nvidia sell-off continues
US stocks fell on Tuesday to kick off a historically tough month for markets, as AI darling Nvidia (NVDA) and chip stocks led tech stocks down. Meanwhile, attention turned to…
Why ExxonMobil, ConocoPhillips, and BP Stocks Dropped Today
Tuesday is looking like a bad day to be invested in oil stocks, as downbeat news in the oil sector takes a toll on shares of oil majors ExxonMobil (NYSE:…
Sell Nvidia, Buy Arm?
Nvidia (NASDAQ: NVDA) has delighted its shareholders with a return of nearly 1,000% since the start of 2023, but Thursday brought investors a rare post-earnings drop as the AI chip…
Stocks stumble to start September as crucial jobs report lies ahead
US stocks fell on Tuesday to kick off a historically tough month for markets, as attention turned to a week of labor data highlighted by a crucial monthly jobs report.…
Down 97%, Is It Time to Buy Spirit Airlines Stock?
Spirit Airlines (NYSE: SAVE) has taken its investors on a turbulent journey. Shares of the troubled discount airliner have declined 93% in the past five years. During that same stretch,…
Nokia signs fibre deal with AT&T after losing network contract to Ericsson
HELSINKI (Reuters) – U.S. telecoms operator AT&T and Finnish network equipment maker Nokia have signed an agreement to build a fibre network in the U.S., the Finnish company said on…
Futures drop as markets brace for data-heavy week
(Reuters) – U.S. stock index futures traded lower on Tuesday as caution prevailed ahead of a slew of economic data reports due through the week that could influence the extent…
3 Supercharged Growth Stocks Up 302% to 775% in 2 Years to Buy Now, According to Wall Street
Artificial intelligence and pent up travel demand have been powerful catalysts for the post-pandemic stock market. Consider the three best-performing stocks in the S&P 500 (SNPINDEX: ^GSPC) during the last…
1 Incredible Growth Stock Down 85% You’ll Regret Not Buying on the Dip
The COVID-19 pandemic accelerated several major trends already taking shape in the late 2010s. One of those was a shift to streaming video over linear TV, as nearly every major…
Global Stocks Erase Gains as Dollar Resumes Rally: Markets Wrap
(Bloomberg) — Asian equities were flat and the dollar and yen rallied against peers in a sign of defensive posturing as traders prepare for US data later this week that…
Tesla’s China sales have best month of the year in August
BEIJING (Reuters) – Tesla’s sales in China logged their best month for the year so far in August, with the U.S. electric vehicle maker benefiting from brisk sales in smaller…
Investors are headed into the worst time of year for stocks. Here’s why September is brutal for the market.
Adobe Firefly, Tyler Le/BI The S&P 500 has a history of underperforming in September. Volatility rises in the month as traders reposition their portfolios. Several market-moving events could make this…
Exclusive-Intel CEO to pitch board on plans to shed assets, cut costs, source says
By Max A. Cherney and Milana Vinn (Reuters) – Intel CEO Pat Gelsinger and key executives are expected to present a plan later this month to the company’s board of…
67% Of Investors Say Trump Is Better For Stocks Than Biden, But Market Predictions Are All Over The Map
67% Of Investors Say Trump Is Better For Stocks Than Biden, But Market Predictions Are All Over The Map In a landscape where economic policy and market performance often intersect,…