Discover why Roblox and Palantir, two innovative companies from Cathie Wood's ARK Innovation ETF, could be compelling long-term investments in the rapidly evolving digital and AI landscapes.
Nvidia CEO Jensen Huang said demand for its new line of Blackwell GPUs is 'incredible'.
Palantir's growth has been accelerating due to high demand.
(Bloomberg) -- Tom Sosnoff and Scott Sheridan sold about £65 million ($86 million) worth of IG Group Holdings Plc shares in the first big selldown since their Chicago-based options-trading business was bought by the British firm three years ago.Most Read from BloombergTurkey Plans Istanbul Taxi Surge to Tackle ComplaintsIntergenerational Housing Could Help Older Adults Combat LonelinessAs Rural Hospitals Shutter Maternity Wards, Urban Ones FollowA Loud Warning From the Past About Living With Car
Balance, not growth, is the characteristic fueling a sustained market rally.
Stocks Gain Pre-Bell as Traders Await Key Economic Data; Asia Down, Europe Strong
(Reuters) -Nvidia dragged technology heavyweights lower after the chip maker's earnings disappointed investors who had been hoping they would fuel fresh gains in Wall Street's most valuable companies, and sent stocks in Asia down on Thursday. Nasdaq futures initially dropped about 1% following Nvidia's quarterly earnings report late Wednesday, suggesting traders expected tech stocks to lose ground. Nvidia dropped almost 7% and lost $200 billion in stock market value after it forecast third-quarter gross margins that could miss market estimates and revenue that was largely in line.
– Japan stocks were lower after the close on Thursday, as losses in the Paper&Pulp, Mining and Chemical, Petroleum&Plastic sectors led shares lower.
– Australia stocks were lower after the close on Thursday, as losses in the Energy, Consumer Discretionary and Consumer Staples sectors led shares lower.
(Bloomberg) -- European stocks edged higher and US equity futures erased declines as investors assessed Nvidia Corp.’s results, ahead of key economic data still due this week.Most Read from BloombergTurkey Plans Istanbul Taxi Surge to Tackle ComplaintsIntergenerational Housing Could Help Older Adults Combat LonelinessAs Rural Hospitals Shutter Maternity Wards, Urban Ones FollowA Loud Warning From the Past About Living With CarsChicago Overcomes DNC Skeptics With Calm, Parties and SunThe Stoxx Eu