by Luzi Ann Santos | moomoo News The S&P 500 and the Nasdaq retreated from record highs as Nvidia shares pulled back, accelerating declines for the semiconductor industry. Nvidia's 3.5% decline on Thursday shaved more than $200 billion off the company's market capital, forcing the chipmaker to give back the crown for the most valuable company to$Microsoft(MSFT.US)$. The stock market declined amid weak economic data....
The$S&P 500 Index(.SPX.US)$and$Nasdaq Composite Index(.IXIC.US)$pulled back from record territory at midday Thursday as their recent rallies ran out of gas – as did a record-setting run for tech darling$NVIDIA(NVDA.US)$. The Nasdaq shed 78.48 points (0.4%) to 17,783.76 shortly before 12:30 p.m. ET after earlier hitting a 17,936.79 all-time intraday high. The S&P 500 likewise eased 8.16 ticks (0.2%) after earlier rea...
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What kind of market is it useful, and take a look at what the Fed is doing. Recently, Fomc's influence on the market proved everything. The premise of easing the policy was to give the government room to breathe. Now there is an outflow of funds. Is there any way for him not to relax?
Stocks rose slightly Thursday following a rare midweek market holiday, with the$S&P 500 Index(.SPX.US)$and$Nasdaq Composite Index(.IXIC.US)$hitting new intraday record highs amid continued investor enthusiasm for big-cap tech stocks. The S&P 500 led the way higher, gaining 23.45 points (0.4%) to 5,496.68 shortly after 10:30 a.m. ET. The Nasdaq also traded slightly better, up 9.13 ticks (0.1%) to 17,871.36, while the$Dow Jones Industrial Average(.DJI.US)$added 124...
$NIO Inc(NIO.US)$$Tesla(TSLA.US)$$BYD COMPANY(01211.HK)$$XPeng(XPEV.US)$The article reported that NIO is posting significant losses, with last year’s total bottom line EPS number coming in at -$1.70 per share. With a stock price that’s now below $5 per share, this is a company that certainly provides a high-risk, high-potential option for investors to consider. Here are 4 reasons to be cautious about this stock: 1) Nio battery-swapp...
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This is because AI has recently affected AaPL and others, plus the Fed's Fomc's influence on the market. Now Apple's impact is declining, but judging from long-term development goals, there is still no problem with fundamentals. It's OK to wait for the market to pull back. Trading on the left is king
$Tesla(TSLA.US)$$BYD COMPANY(01211.HK)$$NIO Inc(NIO.US)$$XPeng(XPEV.US)$The article reported that Morgan Stanley analyst rates the stock an Overweight (i.e., Buy), with a Street-high price target of $310. If achieved, his target could offer a potential return of 74% from current levels. Here are the 2 reasons: 1) Jonas expects Musk will stay in his CEO role and will be present on the Q2 earnings call, with the robotaxi event in...
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Under the premise of policy relaxation, the government has room to profit and better market development can take a break from the overall situation
$NVIDIA(NVDA.US)$has become the world's largest company by market capitalization, achieving a remarkable rise from a niche chip maker to a $3 trillion giant in just over a year. According to J.D. Joyce, president of Houston financial advisory Joyce Wealth Management, Nvidia's stock reflects strong investor sentiment about artificial intelligence, beyond just its earnings. Read Here: Nvidia Surpasses Microsoft as Most Valuable Public Company: Key Insights for Investors
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