Stocks

Why Daniel Ives is getting more bullish on Nvidia after GTC?

Nvidia (NASDAQ: NVDA) moved higher in the pre-market trading on Tuesday after CEO Jensen Huang used the company’s GTC keynote to deliver a bigger-than-expected view of the AI infrastructure market. Jensen’s remarks were echoed by the prominent analysts, with Wedbush’s Daniel Ives emphasizing that Nvidia remains at the center of what he sees as a

Read More
Stocks

Why Nvidia stock is up around 2% ahead of GTC

Shares of Nvidia moved higher Monday as broader US equity markets rebounded and oil prices pulled back following a volatile week dominated by geopolitical tensions. Nvidia stock was up about 2% during the session. The gains came as US stocks advanced, with the Dow Jones Industrial Average rising 348 points, or 0.8%. The S&P 500

Read More
Stocks

Nio stock extends gains after Wall Street upgrades and profit surprise

Shares of Chinese electric vehicle maker Nio Inc. climbed to a four-month high as Wall Street upgrades and strong financial results strengthened the company’s growth outlook. US-listed shares of Nio rose nearly 4% on Monday extending its 5 day gains to 15%. The stock gained following the release of its first quarterly profit report in

Read More
Stocks

The Real Drivers of This Market: AI, Semis & Robotics

In this video, Mary Ellen spotlights the areas driving market momentum following Taiwan Semiconductor’s record-breaking earnings report. She analyzes continued strength in semiconductors, utilities, industrials, and AI-driven sectors, plus highlights new leadership in robotics and innovation-focused ETFs like ARK. From there, Mary Ellen breaks down weakness in health care and housing stocks, shows how to

Read More
Stocks

China’s DeepSeek sets off AI market rout

SINGAPORE (Reuters) -Nasdaq futures slumped and technology shares slid in Japan on Monday as surging popularity of a Chinese discount artificial intelligence model wobbled investors’ faith in the profitability of AI and the sector’s voracious demand for high-tech chips. Nasdaq 100 futures were down 2.6% and S&P 500 futures slipped 1.4% by the European morning,

Read More
Stocks

Adani, Ambani news units sue OpenAI over copyright, Reuters reports

Investing.com — A group of Indian digital news publishers, including those owned by billionaires Gautam Adani and Mukesh Ambani, have initiated a legal challenge against OpenAI, Reuters reported on Monday, citing legal papers. They allege that the AI company has improperly used copyrighted content from their platforms, the report said. The outlets, which include Adani’s

Read More
Stocks

China Vanke’s CEO, chairman resign amid growing liquidity worries

(Reuters) – Property developer China Vanke said on Monday its chairman Yu Liang and CEO Zhu Jiusheng had resigned, amid growing concerns over the company’s liquidity as it faces several debt maturity deadlines this year. Xin Jie, the chairman of its major state-owned shareholder Shenzhen Metro, will become Vanke’s new chairman, signalling increased state oversight

Read More
Stocks

BASF results down on impairments, restructuring

Investing.com — Shares of BASF (BU:BASF) traded lower on Monday as the company’s preliminary 2024 figures posted a sharp decline in earnings due to impairments and restructuring costs.  According to the company’s statement, EBIT for 2024 is expected to reach €2 billion, a stark drop compared to the analyst consensus of €3.2 billion and the

Read More
Stocks

Italy’s MPS shares fall ahead of Mediobanca board meeting on bid

By Giulia Segreti and Valentina Za ROME/MILAN (Reuters) – Shares in Monte dei Paschi (MPS) fell again on Monday, extending Friday’s losses, signalling lingering investor doubts over the bailed out Tuscan bank’s bid for bigger rival Mediobanca (OTC:MDIBY). On Friday, the state-backed lender launched a surprise 13.3-billion-euro all-share ($13.9 billion) bid for Mediobanca, whose board

Read More
Stocks

European chipmakers slump as traders gauge DeepSeek AI model

Investing.com – Shares in European chipmaking and data center-exposed stocks tumbled on Monday as investors fretted over the implications of the release of a new artificial intelligence model from Chinese firm DeepSeek. The start-up has launched a free assistant to rival that of OpenAI’s ChatGPT, with the group saying that its technology offers similar performance despite

Read More
×

Subscribe