Markets latest: Nvidia leads Wall Street sell-off in Big Tech stocks
The tech-heavy Nasdaq Composite index slid 3.5 per cent shortly after the opening bell, while the broader S&P 500 fell about 2 per cent. Nvidia, which surged last year on bets that Big Tech companies would require vast numbers of advanced chips to power their AI models, sold off by 13 per cent.
U.S. stocks were selling off Monday, as fears that China’s artificial intelligence company DeepSeek could disrupt profits for Big Tech stocks spooked investors already worried about their high ...
Microsoft (NASDAQ:MSFT) has lagged behind the NASDAQ over the past year but is off to a strong start in 2025, outperforming ...
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General Motors swung to a loss in the fourth quarter on an increasingly difficult environment in China, but still topped ...
Wall Street’s so-called fear gauge has dropped this week, as the U.S. stock market appeared relieved that Treasury yields retreated from their recent climb. The Cboe Volatility Index was down 3.5% on ...
Starbucks has reported better-than-expected sales in its fiscal first quarter as some of its turnaround efforts start to take ...
GM faces China setback but beats expectations, offers generous profit-sharing to workers, and navigates U.S. regulations.
The telecommunications company added more mobile phone customers than Wall Street was expecting over the fourth quarter.
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General Motors swung to a loss in the fourth quarter on huge charges related to China, but still topped profit and revenue ...
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