We adhere to strict standards of editorial integrity to help you make decisions with confidence. Some or all links contained within this article are paid links. The story of Nvidia (NVDA) founder and CEO Jensen Huang is a compelling testament to the American Dream.
Technology stocks struggled across the board on Monday, including declines among all but one of the Magnificent 7 firms and a big hit to quantum computing stocks.
Nvidia, AMD, and Broadcom sold off after the Biden Administration released new AI chip export rules late Friday.
Nvidia’s scorching 800% rally in the past two years has hit a stumbling block. Facing pressure from slowing revenue growth, tougher competition and stricter regulation — Nvidia shares have dropped for the past five days, shedding 12% since a record on Jan. 6. And since October, the stock has largely been stuck in the trading range.
Nvidia still has the stock-boosting power, but its strength may be waning as some investors wonder how long it will last.
Wall St rallies as Intel, Nvidia, and SLB lead gains. Banks surge 6%, while Truist climbs on strong profits. Investors eye Trump’s policy outlook.
Quantum Computing didn't have any news of its own to report, but the company is even smaller than D-Wave, with less than $1 million in revenue over the last four quarters. Its stock has soared even higher than D-Wave's over the last year, a disconnect that could lead to a continued decline in Quantum Computing's shares.
Drops for Nvidia and other superstar stocks are dragging U.S. indexes lower and keeping Wall Street stuck in its weekslong rut. The S&P 500 fell 0.8% early Monday.
In other words, Wall Street just might be one of the few institutions in America capable of constraining Trump, who has bent the Republican Party to his will, pushed the Democratic Party aside and exerted influence on the bureaucracy, the judiciary, corporations, the news media and other power bases.
The broad based index finished the trading day up over 0.5%, securing its first all-time closing high of 2025. The Dow Jones Industrial Average ( ^DJI) popped around 0.9%, but was unable to secure its own record, while the Nasdaq Composite ( ^IXIC) recovered from earlier losses to close up about 0.2%.
CNBC's Jim Cramer on Thursday told investors that President Donald Trump's remarks, however highly-publicized, will not always yield solid investments.
US equities were poised to end the first week of Donald Trump’s second term higher, checked by the outlook for rates and earnings.