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Nvidia's earnings report can't be saved either! The Dow recorded its biggest drop since the Silicon Valley banking crisis, and it was the culprit
On Thursday, the Dow fell sharply, closing down more than 600 points, or more than 1.5%, the biggest one-day decline since March 2023, the worst day since the Bank of Silicon Valley crisis. The Dow's constituent stocks almost completely failed. Boeing fell more than 7.5%, the worst single-day performance in the last four months. Intel fell more than 4%, and Apple fell more than 2%. The S&P 500 did not perform well either. It opened high and went low, and eventually closed down 0.74%. What made the Dow fall out of what it felt like during the peak of the US banking crisis? This day, in particular, also coincided with a sharp rise in stock prices after Nvidia's beautiful earnings report was released. Market sentiment should have been very strong
NVIDIA 'Marching Toward A Three-Trillion Market Cap': 11 Analysts Size Up Q1 Results As AI Leader 'Shows No Sign Of Slowing Down'
Semiconductor giant NVIDIA Corporation (NASDAQ:NVDA) reported first-quarter financial results after market close Wednesday.Analysts size up the results and the future of the company.The NVDA Analysts:
Traders Weigh In On Qualcomm Vs. AMD Vs. Intel As Microsoft Embraces ARM
The recent launch of Microsoft Corp's (NASDAQ:MSFT) first laptop running on Qualcomm Inc's (NASDAQ:QCOM) ARM-based microprocessor has ignited a fierce debate among tech enthusiasts and investors on Re
Taiwan Semiconductor Options Fly Alongside Stock Volume
climbed Thursday, sending options volume on the stock to the top 11 place in the entire U.S. Market. alongside the entire Semiconductor sector tracked by moomoo after
Analysts Highlight Target's Market Share Struggles And Increased Competition: Details
Yesterday, Target Corp (NYSE:TGT) reported its first-quarter FY24 earnings and the following are the comments on the same by different analysts.BMO Capital – Reiterates Market Perform, lowers price ta
Nvidia's First Quarter Results Confirm That The Next Industrial Revolution Is Well Underway
On Wednesday, Nvidia Corporation (NASDAQ:NVDA) reported its fiscal first quarter results, surpassing both top and bottom-line estimates as demand for AI chips remains as robust as ever. Nvidia sales c
SA Asks: Is Eli Lilly or Novo Nordisk a Better Investment?
8 Health Care Stocks Whale Activity In Today's Session
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10 Information Technology Stocks With Whale Alerts In Today's Session
This whale alert can help traders discover the next big trading opportunities.Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scan
Nvidia's AI Dominance Leaves Intel, AMD Scrambling For Second Place
Nvidia Corp. (NASDAQ:NVDA) is experiencing a surge in revenue, with its AI business leading the charge. This has prompted its competitors, Intel Corporation (NASDAQ:INTC) and Advanced Micro Devices In
Trading Strategies For Snowflake Stock Post Q1 Print, Spear Alpha Bounces In Uptrend As Nvidia Flies Higher
Snowflake, Inc (NYSE:SNOW) was volatile on Thursday, popping up almost 4% higher at one point before falling almost 8% from the high-of-day in reaction to the company's mixed first-quarter earnings pr
Amazon and AI Startup Hugging Face Partner to Enhance AI Model Efficiency
Amazon.com Inc's (NASDAQ:AMZN) cloud unit announced a partnership with AI startup Hugging Face to simplify running thousands of AI models on Amazon's custom computing chips.On Wednesday, Amazon and Hu
Nvidia Surge Helps Nasdaq, S&P Hit New Record Highs; Boeing Weighs on Dow
S&P 500 Gets Help From Nvidia to Mark 100th Day of 2024 With Fresh Record High
'Microsoft Is Planning AI Computing Resources for a LinkedIn 'Copilot,' Internal Document Shows' - Business Insider
'Microsoft Is Planning AI Computing Resources for a LinkedIn 'Copilot,' Internal Document Shows' - Business Insider
Xiaomi's Q1 Revenue Soars 27% As Global Smartphone Shipments Surge, Eyes Ambitious EV Goals
Xiaomi Corp (OTC:XIACY) (OTC:XIACF) reported a 27% increase in revenue for the March quarter to RMB75.51 billion.The gross profit for the quarter climbed 45.2% to RMB16.82 billion, while the operating
Apple Supply Chain Includes 'Blood Minerals' From Congo: Lawyers
The Democratic Republic of Congo (DRC) alleges that Apple (NASDAQ:AAPL) is sourcing minerals from conflict areas in eastern Congo.What Happened: The DRC's international lawyers, Amsterdam & Partners,
NVIDIA Analyst Ratings
Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating 05/23/2024 14.37% TD Cowen $1100 → $1200 Maintains Buy 05/23/2024 33.43% Cantor Fitzgerald $1200 → $1400 M
Scarlett Johansson's Feud With OpenAI 'Puts A Human Face' On Hollywood's AI Fears
The ongoing dispute between Scarlett Johansson and OpenAI has rekindled Hollywood's apprehension about the potential threat of AI.What Happened: The feud was sparked by OpenAI's use of a voice similar