NVIDIA Corporation is a leading technology company primarily known for its innovations in graphics processing units (GPUs) that enhance visual computing across various applications, including gaming, professional visualization, and artificial intelligence. Beyond its strong presence in gaming, NVIDIA's products are integral to deep learning and data center solutions, empowering advancements in machine learning, autonomous vehicles, and high-performance computing. By leveraging its cutting-edge technologies, NVIDIA aims to drive the future of computing and improve experiences across industries, from entertainment to scientific research. Read More
Total 2025 Q1 earnings for the S&P 500 index are expected to be up +5.9% from the same period last year on +3.9% higher revenues, which would follow the +14.1% earnings growth on +5.7% revenue growth in the preceding period.
Microsoft CEO Satya Nadella said recently, “All I know is, I'm good for my $80 billion” regarding the $500 billion Stargate AI announcement. But a February note from TD Cowen analysts stated that Microsoft was backing out of data center leases.
Nvidia stock plunged 7.36% as escalating US-China trade war tensions sparked tech selloff, despite the company's record AI chip performance and strong earnings outlook.
Shares of leading designer of graphics chips Nvidia (NASDAQ:NVDA)
fell 7.8% in the afternoon session after China imposed a 34% tariff on all U.S. imports amid escalating trade war tensions. This was especially rough for the US chipmakers because a big chunk of their business leans on demand out of China. The new tariffs not only threaten to erode profit margins but also risk reducing market share.
Looking for the most active S&P500 stocks in today's session? Join us as we dive into the US markets on Friday and discover the stocks that are dominating the trading activity and setting the pace for the market.
Wall Street's decline blamed on tech stocks, not Trump's tariffs. Treasury Secretary Scott Bessent says reassessment of AI valuations triggered selloff.
