Apple is closing in on a historic $4 trillion stock market valuation, powered by investors cheering progress in the company’s long-awaited AI enhancements.
Read More Apple approaches $4 trillion valuation as investors bet on AI momentum
Tag: NVIDIA
US Supreme Court tosses case involving securities fraud suit against Nvidia
The Supreme Court sidestepped a decision on whether to allow shareholders to proceed with a securities fraud lawsuit accusing artificial intelligence chipmaker Nvidia.
Read More US Supreme Court tosses case involving securities fraud suit against Nvidia
S&P 500, Nasdaq marginally lower as chip stocks fall; focus on inflation data
The S&P 500 and the Nasdaq were slightly lower on Monday after notching record closing highs in the previous session, as losses in chip stocks including Nvidia weighed.
Read More S&P 500, Nasdaq marginally lower as chip stocks fall; focus on inflation data
China targets Nvidia with antitrust probe, escalating US chip tensions
China said it has launched an investigation into Nvidia Corp over suspected violations of the country’s anti-monopoly law.
Read More China targets Nvidia with antitrust probe, escalating US chip tensions
Tech rally drives S&P 500, Nasdaq to record highs; Powell comments in focus
Wall Street’s main indexes climbed on Wednesday, while investors awaited comments from Federal Reserve Chair Jerome Powell later in the day.
Read More Tech rally drives S&P 500, Nasdaq to record highs; Powell comments in focus
Dow Hits 45K Before Falling as Wall Street Struggles Amid ‘Tech Stock Slump’
The Dow Jones Industrial Average hit a new record high, topping 45,000 for the first time and making a run for its 47th record close, before falling on Wednesday afternoon.
Read More Dow Hits 45K Before Falling as Wall Street Struggles Amid ‘Tech Stock Slump’