S&P 500 Ends Lower as Dell and Nvidia Drop | Honolulu Star-Advertiser
Investor concerns about high production costs and geopolitical risks caused shares of Dell and Nvidia to fall, despite strong AI-driven revenue growth and a $20 billion AI server order forecast.
- The S&P 500 ended lower on August 29, 2025, led by declines in Dell, Nvidia, and other AI-related stocks amid a tech sector sell-off.
- The sell-off followed strong AI-driven demand and earnings but was spurred by concerns over high manufacturing costs, intensifying competition, and geopolitical uncertainties.
- Meanwhile, broader market indexes still posted monthly gains in August, with the S&P 500 up 1.9%, the Dow up 3.2%, and the Nasdaq up 1.6%, helped by expectations of a Federal Reserve rate cut.
- Key data include Dell's raised annual revenue forecast to $109 billion, Nvidia's 3.4% stock dip after confirming strong but China-excluded sales, and Alibaba's 13% stock surge following AI-driven cloud growth and its new AI chip announcement.
- The events reflect growing AI market maturity with strong infrastructure spending, evolving regulation, and geopolitical factors prompting investor caution despite ongoing optimistic forecasts.
12 Articles
12 Articles
S&P 500 ends lower as Dell and Nvidia drop | Honolulu Star-Advertiser
The S&P 500 ended down from record highs today, with losses in Dell, Nvidia and other AI-related stocks, while investors parsed inflation data showing tariffs have started feeding into prices.
Technology stocks have abruptly slowed down Wall Street's high-altitude flight: after gloomy views of Dell and Marvell, Nasdaq, Dow and S&P slipped into the minus. Investors are holding back before the long weekend – waiting eagerly for the next U.S. labor market report.
AI Stock Frenzy Peaks Then Falters: Nvidia Wobbles, Alibaba Soars as Global AI Boom Faces Reality Check
Key Facts Wall Street’s AI Rally Hits a Speed Bump After months of euphoria, U.S. markets took a breather as August closed out, led by weakness in AI-focused stocks. On Friday, Aug. 29, the S&P 500 and Nasdaq retreated from all-time highs amid a tech sell-off investopedia.com investopedia.com. The Nasdaq Composite sank 1.2% while the… Read more The post AI Stock Frenzy Peaks Then Falters: Nvidia Wobbles, Alibaba Soars as Global AI Boom Faces Rea…
Coverage Details
Bias Distribution
- 50% of the sources lean Right
Factuality
To view factuality data please Upgrade to Premium