Nvidia (NVDA) stock was down over 1% in after-hours trading after the firm posted its earnings report. Nvidia reported record second-quarter fiscal 2027 revenue of $96.2 billion, up 18% from the previous quarter and 106% from a year earlier, as demand for AI infrastructure continued to accelerate. Net income in the quarter more than doubled
SpaceX (SPCX) shares rose about 2.5% on Tuesday after closing at its initial public offering price Monday, as JPMorgan highlighted the company’s expanding artificial intelligence ambitions and enterprise strategy. JPMorgan reiterated an Overweight rating and $240 price target on SpaceX, implying roughly 74% upside from the stock’s current price. JPMorgan sees AI opportunity JPMorgan’s bullish
US Treasury Secretary Scott Bessent threatened economic punishment against countries doing business with Iran as the Trump administration sought to intensify pressure on Tehran. Gold prices climbed to their highest level in more than three months as a weaker dollar and lower bond yields supported demand for the precious metal. Oil prices fell more than
US stocks closed mixed on Monday as a decline in technology and semiconductor shares weighed on the S&P 500 and Nasdaq, while the Dow Jones Industrial Average gained. Investors also assessed lower Treasury yields, fresh tariff threats and the prospect of expanded US sanctions on countries doing business with Iran. The S&P 500 fell 0.28%
Crypto tokens associated with President Donald Trump are plunging this weekend as his approval rating sinks to a new low. Official Trump (TRUMP) meme coin dropped to $2.488, down by 32% from its highest level on Saturday. WLFI and TRUMP tokens have slumped Similarly, the WLFI token dropped to $0.057, down sharply from the weekend
On Friday, Samsung Electronics outlined a potential record shareholder payout as AI-memory demand boosts cash generation. Bitcoin extended its strongest weekly rally in more than two years. Oil prices climbed as fresh US sanctions threats against Iran raised concerns about further supply disruptions. Gold also surged to a more than three-month high as Treasury buybacks
The Dow Jones Industrial Average rose nearly 1% on Friday as US stocks recovered from a sharp sell-off in the previous session, while investors continued to monitor elevated Treasury yields, oil prices and tensions in the Middle East. The S&P 500 and Nasdaq Composite also gained, although all three major indexes ended the week lower
Bitcoin (BTC) has charged back above the $72,000 threshold – igniting a fresh wave of optimism across the cryptocurrency market. The sudden surge followed an unexpected liquidity decision by the US Treasury Department that catalyzed risk assets and sparked renewed fears over currency debasement. Reacting to the sudden price movement, Matthew Sigel – the Head
US stocks closed higher on Wednesday as falling Treasury yields improved risk appetite, while a sharp rally in Moderna shares boosted the healthcare sector. The Dow Jones Industrial Average rose 0.22%, or 119.71 points, while the S&P 500 gained 0.22% and the Nasdaq Composite advanced 0.16%. The gains moderated during the session after the major
US stocks ended lower on Tuesday as rising sovereign bond yields and elevated oil prices increased concerns about persistent inflation and borrowing costs. The S&P 500 fell 0.69%, while the Nasdaq Composite declined 1.33%. The Dow Jones Industrial Average dropped 116 points, or 0.22%, to close at 53,343.85. The decline came as bond yields rose