Exchange-traded funds that invest in semiconductor stocks swung into positive territory on Tuesday, erasing losses seen earlier in the trading session after being beaten down Monday. The iShares Semiconductor ETF was up 0.
Tuesday's Forbes Daily covers Chinese AI DeepSeek's impact on stock market, Boeing's earnings woes, Trump's military orders, Super Bowl ticket and party prices, and more.
Looking ahead, the company provided an optimistic outlook for the first quarter (Q1), projecting revenues between €7.5 billion and €8.0 billion, which is above the FactSet Consensus of €7.21 billion. The gross margin for Q1 is expected to be between 52% and 53%.
U.S. stocks in the technology-heavy Nasdaq-100 index were rising Tuesday, with a popular exchange-traded fund that tracks the index getting a sharp lift from Big Tech stocks, in particular. The Invesco QQQ Trust Series I was up 1.
According to Seeking Alpha data on Wall Street forecasts, Nvidia (NASDAQ ... down from 33% in 2024, per FactSet data. However, that's still way ahead of the 13% YoY growth projected for the ...
The valuation of Artificial Intelligence chipmaking firm Nvidia has plummeted after the debut of Chinese AI chatbot DeepSeek caused panic and mass sell-offs in the wider tech sector. In what ...
The S&P 500 advanced 0.92% to 6,067.70, with technology shares seeing the biggest gains among sectors. The Technology Select Sector SPDR Fund (XLK) rose more than 2%, following a 4.9% loss on Monday. The Nasdaq Composite surged 2.03% to 19,733.59, following a 3.1% decline a day ago.
Nvidia shares' 9% recovery Tuesday was the second-best day in terms of market cap added for any company ever, trailing only a record it set in July.
The rest of the stock market could finally catch up to the Magnificent Seven this year—and it has nothing to do with DeepSeek. The leading batch of tech names—Nvidia, Meta, Amazon, Tesla, Microsoft, Apple,
Nvidia Corp. shares were already on track for the biggest one-day loss in the history of the U.S. equity market by mid-morning. But as lunchtime approached, the company's shares had fallen even further.
Stiffer competition for the tech giants at the forefront of the artificial intelligence boom prompted investors to reassess the companies’ sky-high valuations.