Wall Street’s main indexes were mixed on Wednesday, with technology stocks attempting to find a floor after recent selloff.
Read More Wall St mixed as tech stocks attempt recovery, financials dragTag: NVIDIA
Nvidia short sellers make $5 billion from three-day selloff, data shows
Nvidia short sellers have raked in nearly $5 billion in paper profits from the AI chip designer’s sharp selloff over the past three sessions.
Read More Nvidia short sellers make $5 billion from three-day selloff, data showsExclusive: Amazon mulls $5 to $10 monthly price tag for unprofitable Alexa service, AI revamp
Amazon is planning a major revamp of its decade-old money-losing Alexa service to include a conversational generative AI with two tiers of service.
Read More Exclusive: Amazon mulls $5 to $10 monthly price tag for unprofitable Alexa service, AI revampS&P 500 notches record high as Nvidia rally continues
The benchmark S&P 500 touched a record high on Thursday, boosted by strong gains in Nvidia.
Read More S&P 500 notches record high as Nvidia rally continuesNvidia eclipses Microsoft as world’s most valuable company
Nvidia dethroned tech heavyweight Microsoft as its high-end processors play a central role in a scramble to dominate AI technology.
Read More Nvidia eclipses Microsoft as world’s most valuable companyWall Street retreats with data, Fed comments in focus
Wall Street’s main indexes edged lower on Monday as investors awaited fresh economic data and comments from Federal Reserve officials throughout the week.
Read More Wall Street retreats with data, Fed comments in focus