Stock market today: AI stocks leap as interest-rate worries hit much of the rest of Wall Street
- Nvidia's net income in the first quarter soared sevenfold to $14.88 billion, making it an AI boom icon.
- Nvidia shares surged 7% in early Thursday trading, reaching new highs at around $1,017 per share.
- Nvidia announced a 10-for-1 stock split, causing a 7% boost in shares before trading on Thursday, also lifting Micron and Advanced Micro Devices.
12 Articles
12 Articles
On Wall Street: AI stocks leap as interest-rate worries hold back the rest of Wall Street
By STAN CHOE | ASSOCIATED PRESS NEW YORK — Technology stocks propelled by a blowout profit report from Nvidia are working against weakness elsewhere in the market on Thursday to keep U.S. stock indexes mixed. In the latest example of how good news for the economy isn’t necessarily good for Wall Street, strong economic reports […]
Stock market today: AI euphoria has most of Wall Street rising after Nvidia’s latest blowout report
NEW YORK (AP) — Stocks are climbing following another blowout earnings report from Nvidia as euphoria builds over the profit potential of artificial intelligence. The S&P 500 was up 0.
🔒 Nvidia paves the way for AI stocks to keep surging with stellar earnings report
Nvidia Corp. has ignited optimism among traders with its stellar earnings report, propelling its shares up over 7% and quelling fears of a data-center spending slowdown. This surge also boosted Asian semiconductor suppliers like SK Hynix and TSMC. US hardware stocks, including Dell and AMD, followed suit. Nvidia’s announcement of a 10-for-1 stock split further fueled the rally, highlighting the enduring strength of the AI market and its broadeni…
Stock market today: AI stocks leap as interest-rate worries hit much of the rest of Wall Street
U.S. stock indexes are mixed Thursday as technology stocks buoyed by another blowout earnings report from Nvidia work against weakness elsewhere in the market. In the latest example of how good news for the economy isn't necessarily good for Wall Street, a report suggesting accelerating growth for U.S. business activity raised worries about interest rates staying high. The S&P 500 was up 0.1% in morning trading. The rallies for tech stocks had t…
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