Key Takeaways U.S. markets were rebounding at midday from yesterday's big tech selloff caused by advances in artificial intelligence by a Chinese startup.Royal Caribbean's better-than-expected profit and guidance lifted cruise sector stocks.
U.S. stocks ended higher on Tuesday, with Nvidia and other artificial intelligence-linked technology shares recovering from sharp losses the previous day as investors snapped up bargains. The Nasdaq jumped 2% and AI chip leader Nvidia rose 8.
Investors also assessed a return to a tougher tone on tariffs from President Donald Trump, ahead of the start of a Federal Reserve meeting
U.S. stock futures are little changed after the tech sector saw its biggest decline in more than four years; Nvidia , Broadcom , and other chipmaker stocks are moving higher in pr
The S&P 500 experienced volatility on Tuesday as tech giants like Apple helped limit declines. Mixed corporate earnings and AI-driven market events contributed to market fluctuations. General Motors' shares slid despite promising forecasts,
Wall Street's major indexes experienced gains, driven by the recovery of AI-linked shares. Nvidia rebounded after a significant loss. Concerns over proposed U.S. tariffs lingered, with potential impacts on inflation and Federal Reserve rate cuts.
Nvidia, S&P 500, and Nasdaq erase earlier gains as AI fears persist. Investors brace for earnings and Fed signals amid volatile market conditions.
General Motors Company (NYSE:GM), a leading American automaker, finds itself at a critical juncture as it navigates the evolving landscape of the automotive industry. While the company has experienced a remarkable surge in its stock price,
Electric vehicle pioneer Tesla (NASDAQ:TSLA) in Q4 CY2024 as sales rose 2.1% year on year to $25.71 billion. Its non-GAAP profit of $0.73 per share was 5.2% below analysts’ consensus estimates. Is now the time to buy Tesla?
Tesla (NASDAQ:TSLA) fell in after-hours trading on Wednesday after missing estimates with its Q4 earnings report. The electric vehicle giant reported revenue was up 2.1% year-over-year in Q4 to $25.7 billion.
The Detroit carmaker is creating a domestic supply base to make EVs cheaper and profitable aided by Kurt Kelty, who landed Tesla’s top battery supplier in its early days.
GM reports strong Q4 earnings despite EV hurdles; analysts remain optimistic about long-term growth and turnaround potential.