Markets today: U.S. stocks rise as bullish Nvidia call boosts AI trade

  • 📰 BNNBloomberg
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 50%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

A rally in chipmakers drove stocks to another record, with traders betting the potential for Federal Reserve rate cuts will keep fueling the industry that has powered the equity market this year.

LaGuardia Airport Debt Outlook Is Positive After Terminal RevampFed’s Musalem Suggests Interest-Rate Cuts Could Be Delayed for Some TimeNickel 28 Reaches Settlement With Fired CEO to End Misconduct ClaimEmbraer Explores Sale of E2 Regional Jets to Latam Airlines, GolCBO Jacks Up US 2024 Budget Gap Forecast by 27% to Nearly $2 TrillionTrump’s Threatened Tariffs Hold Inflation Risk, McCormick SaysUS Industrial Output Rises More Than Forecast in Broad AdvanceBelk Seeks $500 Million in Fresh...

9 Million Over Warehouse Productivity QuotasPilots Fear Collisions as Staffing Crisis Leaves Australian Control Towers EmptyUS Seeks Allies’ Help in Curbing China’s AI Memory Chip ProgressWall Street Bankers, Traders Beaten in ‘Smartest’ Chess ContestHedge Fund Sona Raises $800 Million for Capital SolutionsBoeing CEO Under Fire From Senators For ‘Broken’ Safety RecordCiti Says Second-Quarter Investment Banking Fees to Surge 50%Nickel 28 Reaches Settlement With Fired CEO to End Misconduct...

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 83. in ZA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Nvidia stock crosses $3 trillion market cap, overtakes Apple as second-largest co. in US marketNvidia stock rises to another record high as the AI trade continues to dominate markets.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Nvidia stock reaches all-time high as company closes in on $3 trillion market capNvidia stock rises to another record high as the AI trade continues to dominate markets.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Markets today: Stocks fall amid rout in big banks as Nvidia sinksA slide in banks weighed on stocks ahead of the Federal Reserve decision, with political uncertainties in Europe driving traders to the safest corners of the market such as Treasuries and the dollar.
Source: BNNBloomberg - 🏆 83. / 50 Read more »

Markets today: Stocks rally as Nvidia keeps AI juggernaut goingWall Street headed for a new record high after blowout earnings from Nvidia Corp. reinforced belief that the global artificial-intelligence boom will keep powering equity markets.
Source: BNNBloomberg - 🏆 83. / 50 Read more »