Nvidia stock drops as China probes the chipmaker over potential antitrust violations
China officials said they're looking into Nvidia's acquisition of chip designer Mellanox, which Nvidia purchased for nearly $7 billion five years ago.
S&P 500 Gains and Losses Today: Hershey Stock Simmers as Mondelez Weighs Takeover
The S&P 500 lost 0.6% on Monday, Dec. 9, falling from record highs as consumer inflation data is set to take the spotlight this week.
Stock market today: S&P 500, Nasdaq pull back from records as Nvidia tumbles
A Chinese antitrust probe into Nvidia and looming consumer inflation data are in focus to start the week.
AMD Stock Falls After Downgrade From BofA, Citing Risks From Competition
Advanced Micro Devices shares lost ground Monday after Bank of America downgraded the stock and lowered its price target, citing downside risks from higher competition.
State Street ETF Outlook Projects 2025 Bull Market
State Street expects economic growth will accelerate next year following rare soft landing.
S&P 500, Nasdaq Retreat From Record Levels
US benchmark equity indexes fell Monday as markets assessed an inflation survey and awaited official
Oracle Stock Slides as Revenue Falls Short of Expectations
Oracle reported fiscal second-quarter revenue that missed analysts' expectations, sending shares lower in extended trading Monday.
Wall Street closes down as tech stocks fall
(Reuters) -Wall Street's main indexes closed lower on Monday, driven by a drop in AI leader Nvidia that weighed on tech stocks, as investors looked ahead to a crucial inflation report set for later this week. Nvidia fell 2.5% after China's market regulator launched an investigation into the chipmaker over suspected violation of antimonopoly law, dragging the information technology sector down 0.45%. Advanced Micro Devices slipped 5.7% after BofA Global Research downgraded its rating on the stock, weighing on the Philadelphia Semiconductor Index, which slipped 0.87%.
Chinese Stocks in US Rally as Beijing Vows to Boost Demand
(Bloomberg) -- Chinese stocks that are listed in the US staged a sharp rally Monday as top leaders in Beijing used their most direct language yet on providing monetary easing and boosting domestic consumption.Most Read from BloombergBrace for a Nationwide Shuffle of Corporate HeadquartersA Chicago Skyscraper Cements the Legacy of a Visionary Postmodern ArchitectCloud Computing Tax Threatens Chicago’s Silicon Valley AmbitionsNYC’s Run-Down Bus Terminal Gets Approval for $10 Billion RevampKansas C
Stock market today: Nvidia drags Wall Street from its records as oil and gold rise
A slide for market superstar Nvidia on Monday knocked Wall Street off its big rally and helped drag U.S. stock indexes down from their records. The S&P 500 fell 0.6%, coming off its 57th all-time high of the year so far. The Dow Jones Industrial Average dipped 240 points, or 0.5%, and the Nasdaq composite pulled back 0.6% from its own record.