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- Academic FX
Markets News, May 23, 2024: Dow Tumbles 600 Points as Nvidia Rally Fizzles, Treasury Yields Climb
U.S. stocks sank Thursday after a tech-led rally fuelled by AI chip giant Nvidia’s (NVDA) blowout results and stock-split plans gave way to a broad sell-off.
- Academic FX
S&P 500 Gains and Losses Today: Nvidia Soars Following Strong Earnings Report
Shares of Live Nation tumbled as the Department of Justice announced an antitrust suit against the Ticketmaster parent.
- Academic FX
Nvidia Supplier TSMC Says Semiconductor Industry Sales Could Grow 10% Amid AI Boom
Nvidia (NVDA) and Apple (AAPL) supplier TSMC (TSM) said Thursday it sees big sales gains for the industry because of soaring demand for artificial intelligence (AI) products.
- Academic FX
Meta, T-Mobile and Disney Boosted US Dividend Growth in First Quarter
Dividend growth accelerated in the first quarter to a record $164.3 billion, propelled by distributions from companies such as Meta (META), Walt Disney & Co. (DIS), and T-Mobile (TMUS), according to a recent Janus Henderson Global Dividend Index report.
- Academic FX
SEC Approves Spot Ether ETFs: When Will Ether ETFs Begin Trading?
The Securities and Exchange Commission approved a rule change allowing nine spot Ether exchange-traded funds.
- Academic FX
Snowflake Misses Earnings and Operating Margin Guidance; Shares Drop
Snowflake’s revenue came in better than analysts expected, however, benefiting from continued strong artificial intelligence (AI) product demand.
- Academic FX
Dow Jones Today: Nvidia Surge Propels Nasdaq Higher; Rising Treasury Yields Trip Up Dow
Live Nation Entertainment (LYV) shares experienced a significant drop during intraday trading on Thursday following the Department of Justice (DOJ) filing an antitrust lawsuit against the Ticketmaster parent company, potentially leading to its breakup.
- Academic FX
5 Things to Know Before the Stock Market Opens
It’s Nvidia’s (NVDA) earnings day, with the world’s hottest AI tech firm expected to report surging sales after the bell, although overly bullish investors could mean volatile stock trading after the chipmaker’s results come out;
- Academic FX
Top Stock Movers Now: Target, Lululemon, TJX, and More
Target shares tumbled after the retailer reported its revenue declined as inflation led consumers to pull back on discretionary spending.
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