The company makes an explicit appeal to the president-elect to reject tighter controls on the export of artificial-intelligence hardware.
The Dow Jones Industrial Average and the Nasdaq headed in different directions at the close Wednesday after the Federal Reserve released minutes of its December meeting. Artificial intelligence giant Nvidia tested a key level in the wake of a huge drop.
The Biden administration's proposal would put more pressure on companies like Nvidia to crack down on where resellers ultimately send their chips.
Technology stocks struggled across the board on Monday, including declines among all but one of the Magnificent 7 firms and a big hit to quantum computing stocks.
Nvidia still has the stock-boosting power, but its strength may be waning as some investors wonder how long it will last.
Indexes closed lower on Thursday, with the tech-heavy Nasdaq falling almost 1%, led by a slide in mega-cap tech stocks like Apple and Nvidia ... after the Federal Reserve back rate-cut ...
Nvidia, AMD, and Broadcom sold off after the Biden Administration released new AI chip export rules late Friday.
Wall St rallies as Intel, Nvidia, and SLB lead gains. Banks surge 6%, while Truist climbs on strong profits. Investors eye Trump’s policy outlook.
Quantum Computing didn't have any news of its own to report, but the company is even smaller than D-Wave, with less than $1 million in revenue over the last four quarters. Its stock has soared even higher than D-Wave's over the last year, a disconnect that could lead to a continued decline in Quantum Computing's shares.
US stocks (^DJI,^GSPC, ^IXIC) are trading lower, erasing gains from earlier in the day after new economic data raises concerns about a hawkish Federal Reserve. Alexandra Canal breaks down what investors need to know on Wealth.
S&P 500 futures are up 0.01%. Dow Jones Industrial Average futures are adding 0.01%. Nasdaq 100 futures are off 0.05%. On Monday, the Dow Jones Industrial Average fell 26 points, or 0.06%, to 42,707,
Apple stock decreased as Vivo and Huawei overtook it as China’s top smartphone seller in 2024. Intel rose by over 8% in January due to