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Published 2 months ago

Stock market today: Asian stocks advance after Nvidia sets off a rally on Wall Street

  • Nvidia's stock price surged 16.4% after reporting strong earnings, leading tech companies and the market. Its stock tripled over the past year due to AI enthusiasm.
  • The S&P 500 rose 2% following a Wall Street rally sparked by Nvidia's blowout quarter results. The index is on track for another record high.
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CNNCNN

Nvidia stock surges after earnings report

CNN's Anna Stewart reports on Nvidia's surging stock price, spurred in part by a massive increase in the demand for AI chips and tech.

2 months ago·Atlanta, United States
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BloombergBloomberg

JPMorgan Traders See Nvidia As ‘Catalyst’ To Revive Stock Rally

(Bloomberg) -- Yet another bumper earnings readout from Nvidia Corp. may be all it takes to reignite Wall Street’s appetite for US stocks.JPMorgan Chase & Co.’s trading desk, led by Head of US Market Intelligence Andrew Tyler, said in a report before markets opened Thursday that the results could fuel another bullish shift toward US stocks and overshadow recent hand-ringing about when the Federal Reserve will start cutting interest rates. That’s…

2 months ago·United States
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MY NorthwestMY Northwest

Stock market today: Asian stocks advance after Nvidia sets off a rally on Wall Street

HONG KONG (AP) — Asian markets were mostly higher on Friday after Nvidia delivered stunning results, setting off a rally in other technology companies that carried Wall Street to another record high. Tokyo’s markets were closed for a holiday, a day after they surged to an all-time high. U.S. futures rose while oil prices fell back. Hong Kong’s Hang Seng dropped less than 0.1% to 16,728.00 and the Shanghai Composite index added 0.4% to 3,001.38…

2 months ago·Tacoma, United States
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Star TribuneStar Tribune

Stock market today: Nvidia shares surge and set off a rally on Wall Street

Nvidia's stock price surged after delivering another blowout quarter, setting off a rally in other technology companies that carried Wall Street to another record high. The chipmaker, a central player in the boom surrounding artificial intelligence technology, reported scorching demand for its semiconductors. The S&P 500 rose 2.1% Thursday to another all-time high. The Nasdaq added 3%. The Dow, which has a smaller weighting in tech stocks, rose …

2 months ago·Minneapolis, United States
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Washington Top NewsWashington Top News

Stock market today: Asian stocks advance after Nvidia sets off a rally on Wall Street

HONG KONG (AP) — Asian markets were mostly higher on Friday after Nvidia delivered stunning results, setting off a rally in other technology companies that carried Wall Street to another record high. Tokyo’s markets were closed for a holiday, a day after they surged to an all-time high. U.S. futures rose while oil prices fell back. Hong Kong’s Hang Seng dropped less than 0.1% to 16,728.00 and the Shanghai Composite index added 0.4% to 3,001.38…

2 months ago·Washington, United States
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WKMGWKMG

Stock market today: Asian stocks advance after Nvidia sets off a rally on Wall Street

Asian markets were mostly higher on Friday after Nvidia delivered stunning results, setting off a rally in other technology companies that carried Wall Street to another record high. Tokyo’s markets were closed for a holiday, a day after they surged to an all-time high. U.S. futures rose while oil prices fell back.Hong Kong’s Hang Seng dropped less than 0.1% to 16,728.00 and the Shanghai Composite index added 0.4% to 3,001.38.Government data on …

2 months ago·Orlando, United States
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