Nvidia shares dived 6.30% yesterday on news that the company missed its revenue projection by $1.4 billion due to slower demand for PCs and gaming. Nvidia pulled other US chipmakers into the negative along with it, and brought the question of whether the chip rally, which was triggered by a $52 billion government help is over.
The dollar index gav ... Show More
Feb 2023
Bard’s gaffe costs Google more than $100bn!
US equities fell yesterday on the back of two important factors: hawkish comments from the Federal Reserve (Fed) members, and the unexpected surge in the American used car prices. The S&P500 fell more than 1%, while Nasdaq slid around 1.80%.
Inside Nasdaq, Google had a particular ... Show More
10m 46s
Mar 2024
The S&P500 couldn’t care less about hotter inflation… | MarketTalk: What’s up today? | Swissquote
Inflation in the US accelerated, not only in terms of monthly headline figure but everywhere, both core and headline, and both yearly and monthly figures came in hotter-than-expected. US yields and dollar rose, gold fell, but the S&P500 gained!
Elsewhere, sterling fell against th ... Show More
10m 10s
May 2024
US inflation back on track?
US inflation slowed in April, ending a run of hotter-than-expected prints. Will Bain has the latest.Elsewhere, lots of gloom about companies leaving the London Stock Exchange, but are existential concerns overblown?The Government's own infrastructure tsar has said low investment ... Show More
51m 35s