Nvidia Q2 sales likely to double, even a slight miss may hurt shares
Investors used to Nvidia’s blockbuster results will be expecting even more from the artificial intelligence chip giant.
Investors used to Nvidia’s blockbuster results will be expecting even more from the artificial intelligence chip giant.
Wall Street’s stock indexes increased substantially on Friday, with the S&P 500 index climbing towards a record high, after Federal Reserve Chair Jerome Powell said “the time has come” to reduce interest rates.
U.S. job expansion over the 12 months ending in March was overestimated by a staggering 818,000 on Wednesday, which is a worrisome sign that the economy has continued to slow down.
Elon Musk is interviewing President Trump; Representative Ilhan Omar may be the next member of the Squad to fall; and Wall Street awaits some critical economic data.
Wall Street’s main indexes capped off a tumultuous week where global markets were rattled and fears of a recession in the world’s biggest economy.
President Trump takes question from reporters while Kamala Harris dodges them; new bodycam footage is released of the Trump assassination attempt; Wall Street is starting to rebound after much turbulence earlier in the week.
Wall Street somewhat rebounded from a disaster on Tuesday, as main stock indexes grew over 1%. Investors searched for bargains after a global stock selloff and panic of a possible recession occurred on Monday.
Wall Street’s main indexes plummeted on Monday, as fears are continuing to grow that the United States is going into a recession following last week’s economic numbers ripping through global markets.
U.S. job growth slowed more than expected in July, with the unemployment rate increasing 4.3%, leading to fears that the labor market is faltering and the economy is heading for a possible recession.
Data showed the U.S. economy expanded 2.8% in the second quarter versus estimates of 2%, but inflation subsided, leaving intact expectations of a September rate cut.