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US stocks were hammered on Thursday as an abrupt midday reversal in markets followed a blockbuster earnings report from Nvidia and the release of the long-delayed September jobs r
The S&P 500, a broad measure of stocks, gained 1.5% as trading opened. The tech-heavy Nasdaq jumped 2%, but later backed down slightly from its high. The Dow Jones Industrial Average rallied 600 points, around 0.8%.
The broader market mood wasn’t helped by mixed economic data and uncertainty around the Federal Reserve’s next move, especially after a canceled jobs report and signs of uneven labor-market conditions.
Nvidia's Q3 earnings report states that all Nvidia AI cloud GPUs are sold out. In today's video, I discuss recent updates affecting Nvidia ( NVDA 1.06%) and other artificial intelligence stocks. To learn more, check out the short video, consider subscribing, and click the special offer link below.
The U.S. stock market appeared geared up for a rebound after Nvidia’s stronger-than-expected earnings report after th
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Nvidia Leads Rise In Stock Futures As Chipmaker’s Blockbuster Earnings Ease AI Bubble Fears
Nvidia’s earnings report crushed analysts’ forecasts and tamped down on the market’s fears of an AI bubble bursting.
Amid the AI-fueled market frenzy, Brian Mulberry, client portfolio manager at Zacks Investment Management, explains why shares of retail stalwarts Walmart and Home Depot can help counter Nvidia's wild swings.
Nvidia's stock closed Thursday near session lows, falling 3.2% on the day after being up as much as 5.1% at its peak. The performance marked a continuation of relatively muted post-earnings stock moves for Nvidia.