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Tag: Technology sector

An Nvidia Blackwell GPU is displayed at COMPUTEX in Taipei, Taiwan June 4, 2024. REUTERS/Ann Wang/File Photo

Nvidia’s stock swoon turns attention to Big Tech’s sway over markets

Shares of Nvidia and other Big Tech stocks have helped power the markets run to record highs this year.

Read More Nvidia’s stock swoon turns attention to Big Tech’s sway over markets
The Nasdaq Market site is seen in New York City, U.S., March 26, 2024. REUTERS/Brendan McDermid/File Photo

Wall St mixed as tech stocks attempt recovery, financials drag

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 drag
FILE PHOTO: Raindrops hang on a sign for Wall Street outside the New York Stock Exchange in Manhattan in New York City, New York, U.S., October 26, 2020. REUTERS/Mike Segar

Wall 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
FILE PHOTO: A smartphone with a displayed NVIDIA logo is placed on a computer motherboard in this illustration taken March 6, 2023. REUTERS/Dado Ruvic/Illustration/File Photo

Wall Street hunts for more AI gold after Nvidia’s soaring rally

The stock market’s interest in AI is on the rise, fueled by Nvidia’s stunning rally and potential impact on various sectors.

Read More Wall Street hunts for more AI gold after Nvidia’s soaring rally
A trader works on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., October 27, 2023. REUTERS/Brendan McDermid/File Photo

S&P 500 to see small gain in 2024 as US economic risks rise – Reuters poll

The S&P 500 will end next year only about 3% higher than its current level, with a possible U.S. economic slowdown or recession among the biggest risks for the market in 2024.

Read More S&P 500 to see small gain in 2024 as US economic risks rise – Reuters poll
SpaceX and Tesla founder Elon Musk participates in a town hall-style meeting to promote early and absentee voting at Ridley High School on October 17, 2024 in Folsom, Pennsylvania. (Photo by Anna Moneymaker/Getty Images)
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