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U.S. stock indexes fell sharply Thursday as Wall Street’s frenzy around artificial-intelligence technology faltered some more. The S&P 500 sank 1.6% for its fifth drop in six days after setting an all-time high last week.
Investors will be closely watching Nvidia earnings in the week ahead for hints about the state of the AI trade as the market's largest tech stocks have mainly struggled to start 2025.
Australian shares are set to slip with results pending from Star, Endeavour and Harvey Norman. The Nasdaq paced declines on Wall St. Follow updates here.
U.S. stock indexes fell sharply Feb. 27 as Wall Street's frenzy around artificial-intelligence technology faltered some more.
US stocks open up after strong, not stellar, Nvidia earnings curb enthusiasm. Trump's tariff talk also adds uncertainty. Inflation data due Friday.
Nvidia posted another strong quarterly report. and its sales surge in the fourth quarter on demand for AI chips. What to know, by the numbers.
Wall Street is once again fixated on Nvidia, as the main player in the artificial intelligence mania is set to report earnings after the bell Wednesday and give an update on demand for its semiconductors,
In the fourth quarter, Millennium trimmed its position in the artificial intelligence (AI) chip king Nvidia and piled into a BlackRock exchange-traded fund (ETF) that MicroStrategy co-founder Michael Saylor thinks could soar 13,200%.
The S&P 500 experienced volatility and was little changed, influenced by President Donald Trump's announcement to proceed with tariffs on Canada and Mexico.
Traders expect slightly fewer fireworks after Nvidia's coming set of earnings. As of Friday, market pricing implied a 7.1% post-results move in Nvidia's stock, researchers at Bank of America said in a note Tuesday.