{ }
Symbol NVDA
Name NVIDIA Corporation
Currency USD
Sector Information Technology
IndustryGroup Semiconductors & Semiconductor Equipment
Industry Semiconductors & Semiconductor Equipment
Market NASDAQ Global Select
Country United States
State CA
City Santa Clara
Zipcode 95051
Website http://www.nvidia.com
U.S. stocks rebounded on Friday, with the S&P 500 and Dow Jones Industrial Average both rising 1.4%, as better-than-expected inflation data eased concerns over interest rate cuts. Despite this, the market remains cautious amid political uncertainty and potential global trade challenges. Notable declines included U.S. Steel, down 4.9%, and Novo Nordisk, which fell 17% after disappointing news on a weight-loss treatment.
The stock market faced significant losses last week due to a less-dovish Fed outlook, but Friday's strong rebound saw the S&P 500 and Nasdaq regain key levels. Despite this, many stocks remain under pressure, and investors are advised to be cautious while considering incremental buys in leading stocks like Palantir and AppLovin. With potential government shutdown concerns looming, market stability remains uncertain.
The stock market faced significant losses as major indexes fell below key levels, influenced by a less-dovish Fed rate outlook and rising Treasury yields. FedEx surged on plans to spin off its Freight business, while Micron Technology and Vertex Pharmaceuticals plummeted due to disappointing guidance and drug study results, respectively. Despite a weak performance from Nike and other companies, a tame inflation report provided some relief on Friday.
The Dow Jones Industrial Average surged nearly 400 points, reversing a 10-day losing streak, as investors reacted positively to a lower-than-expected inflation report, despite looming government shutdown concerns. Nvidia's stock attempted a recovery, while shares of Trump Media and Technology fell sharply after the president-elect moved shares to a revocable trust. FedEx initially soared over 20% on earnings but later declined, while Carnival's stock rose 3% following better-than-expected quarterly results.
CRISPR Therapeutics has received a Regenerative Medicine Advanced Therapy (RMAT) designation from the FDA for its cell therapy CTX112, aimed at treating relapsed or refractory B-cell malignancies. This designation allows for a potentially expedited approval process, offering financial flexibility and a simpler manufacturing approach. While the new development is promising, the success of CTX112 still hinges on convincing safety and efficacy data in clinical trials.
Joe Moglia, former CEO of TD Ameritrade, expresses optimism about the market under a potential Trump 2.0 administration, citing prospects for deregulation and tax cuts that could boost stock prices. He also highlights the growing interest in crypto as a new asset class, despite acknowledging potential challenges ahead. Recent market fluctuations, influenced by the Fed's rate cut forecasts, have been driven by major tech stocks, with significant gains seen in companies like Amazon and Nvidia.
US stock futures indicate a challenging day ahead as the House voted against a Trump-backed spending bill, raising the likelihood of a government shutdown. Key inflation data is anticipated, with futures for the S&P 500 down 1% and Nasdaq futures plunging 1.6%. Major stocks, including Nvidia and Tesla, faced significant declines amid global market pressures and disappointing earnings reports.
Real estate investments carry risks such as value declines and borrower defaults, while alternative strategies are speculative and suited for sophisticated investors. Structured products involve derivatives with various risks, including market volatility and issuer credit risk. Hedge funds and private equity also present high risks and illiquidity, lacking the regulatory oversight of mutual funds. Investors should carefully review offering documents and understand the inherent risks before proceeding.
Dow Jones futures fell modestly after a Trump-backed bill to avoid a government shutdown failed, leading to a mixed close for major indexes. FedEx reported earnings that beat expectations but provided light guidance, while Nike's results were better than feared but also included weak guidance. Treasury yields continued to rise, posing challenges for the stock market rally, which struggled to maintain gains.
The stock market outlook for 2025 suggests modest returns for the S&P 500 amid high valuations and volatility. Small and mid-cap stocks are expected to outperform due to benefits from lower interest rates and potential corporate tax cuts, while growth stocks may lag behind due to high valuations and slower earnings growth. Conversely, value stocks are anticipated to excel, with accelerating earnings growth after years of underperformance.
Trending
Subcategory:
Countries:
Companies:
Currencies:
People:

MachinaCore is a highly modular and scalable system that allows users to build custom widgets and tools tailored to their specific financial data needs, while seamlessly integrating with other MachinaLabs products, like Machinary, MachinaAI Modules and MachinaTrader.

Address

Waitlist

We’re granting exclusive early access to the first 500 users from december 20.

© 2024 by Machinary.com - Version: 1.0.0.0. All rights reserved

Layout

Color mode

Theme mode

Layout settings

Seems like the connection with the server has been lost. It can be due to poor or broken network. Please hang on while we're trying to reconnect...
Oh snap! Failed to reconnect with the server. This is typically caused by a longer network outage, or if the server has been taken down. You can try to reconnect, but if that does not work, you need to reload the page.
Oh man! The server rejected the attempt to reconnect. The only option now is to reload the page, but be prepared that it won't work, since this is typically caused by a failure on the server.