Nvidia, Wall Street and blockbuster earnings
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As Wall Streetās biggest firms tout the many ways artificial intelligence is making their employees better, from tellers helping customers with account issues to investment bankers arranging multibillion-dollar deals,
Wall Street's "fear gauge" jumped on Thursday, as investors digested the release of delayed jobs data from September while an earlier surge in AI plays fizzled. The Cboe Volatility Index was up more than 14% to more than 27,
With the Dow closing down nearly 500 points Tuesday and the S&P logging its longest slide since August, experts are pointing to concerns over an AI bubble. NBCās Brian Cheung joins TODAY to break it all down.
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SoftBank plunges over 10% as Asia markets track Wall Street's stunning reversal in AI stocks
Asia markets slumped Friday after SoftBank tumbled more than 10% and stronger-than-expected U.S. hiring cut the odds of a December Federal Reserve rate cut.
Wall Street stocks slid on Thursday in a sharp reversal from an early rally, as technology gains faded after a boost from Nvidia's earnings and U.S. jobs data muddied the labor market outlook.
Not only did Nvidia provide another blockbuster profit report that suggested AI superstar stocks can keep rising, a mixed report on the U.S. jobs market kept alive hopes that the Federal Reserve can deliver more cuts to interest rates.
Nvidia reported quarterly results that handily topped Wall Street expectations, sending the stock sharply higher in after-hours trading.
Jarring swings keep rocking Wall Street, and U.S. stocks erased a big morning gain to drop on Thursday as the market remains skittish following weeks of doubts and erratic moves. Nvidia, cryptocurrencies and other areas that had soared with nearly relentless momentum,
Wall Street zigzags up and down all day as markets have a difficult time picking a clear direction as investors navigate the fallout from the U.S. Bureau of Labor Statistics canceling the delayed October jobs report while also awaiting earnings from AI powerhouse Nvidia (NVDA).