Broader Gains Expected as Earnings Season Continues on Wall Street: Alphabet, Microsoft, and Southwest Airlines to Report Quarterly Earnings on Nostr: Nvidia's Stumble Causes Wall Street to Dip from Record Highs =============== ...
Nvidia's Stumble Causes Wall Street to Dip from Record Highs
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#b0c92d6c ver:0.71
Nvidia's rise to become the most valuable company on Wall Street, surpassing Microsoft, has helped keep US indexes at record levels despite economic weaknesses. The stock market's frenzy around AI technology has propelled Nvidia's stock up 181.5% this year. However, concerns arise as the market is being carried by a handful of companies. Wall Street hopes for a slowdown in the US economy's growth to ease inflationary pressures and prompt the Federal Reserve to cut interest rates. Mixed economic reports and weaker-than-expected profit and revenue from other companies contribute to the uncertainty. #Nvidia #AI #stockmarket #economy...
#newstr #Nvidia #WallStreet #StockMarket #Ai #UsEconomy
https://here.news/story/b0c92d6c?ver=0.71
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#b0c92d6c ver:0.71
Nvidia's rise to become the most valuable company on Wall Street, surpassing Microsoft, has helped keep US indexes at record levels despite economic weaknesses. The stock market's frenzy around AI technology has propelled Nvidia's stock up 181.5% this year. However, concerns arise as the market is being carried by a handful of companies. Wall Street hopes for a slowdown in the US economy's growth to ease inflationary pressures and prompt the Federal Reserve to cut interest rates. Mixed economic reports and weaker-than-expected profit and revenue from other companies contribute to the uncertainty. #Nvidia #AI #stockmarket #economy...
#newstr #Nvidia #WallStreet #StockMarket #Ai #UsEconomy
https://here.news/story/b0c92d6c?ver=0.71