Markets latest: Nvidia leads Wall Street sell-off in Big Tech stocks
The tech-heavy Nasdaq Composite index slid 3.5 per cent shortly after the opening bell, while the broader S&P 500 fell about 2 per cent. Nvidia, which surged last year on bets that Big Tech companies would require vast numbers of advanced chips to power their AI models, sold off by 13 per cent.
Wall Street’s so-called fear gauge has dropped this week, as the U.S. stock market appeared relieved that Treasury yields retreated from their recent climb. The Cboe Volatility Index was down 3.5% on ...
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General Motors swung to a loss in the fourth quarter on an increasingly difficult environment in China, but still topped ...
GM faces China setback but beats expectations, offers generous profit-sharing to workers, and navigates U.S. regulations.
JPMorgan shares jumped on the bank's final financial results of 2024, climbing 2.6% before the bell.
The telecommunications company added more mobile phone customers than Wall Street was expecting over the fourth quarter.
The carrier forecast adjusted losses per-share in the range of 20 cents and 40 cents for the first quarter. Analysts polled by FactSet expected a loss of 4 cents a share on an adjusted basis.
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General Motors swung to a loss in the fourth quarter on huge charges related to China, but still topped profit and revenue ...
JetBlue Airways lost less money than Wall Street was expecting in the fourth quarter, but that wasn’t enough to stop the ...
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