Key PointsNvidia is down 15% from its record high due to concerns about the sustainability of AI spending, but CEO Jensen Huang expects the market to get much bigger.
Key PointsNvidia is down 15% from its record high due to concerns about the sustainability of AI spending, but CEO Jensen Huang expects the market to get much bigger.
Dmitry Vinogradov Stock index futures were higher before the bell as the U.S. reportedly sent Iran a 15-point plan to end the war in the Middle East. Dow Jones Industrial Average futures ( INDU ) rose 1.01%, S&P 500 futures ( SPX ) gained 0.90%, and Nasdaq 100 futures ( US100:IND ) advanced 1.10%. The proposal reflects the Trump administration’s eagerness to find an off-ramp from the conflict, now...
Dmitry Vinogradov Stock index futures were higher before the bell as the U.S. reportedly sent Iran a 15-point plan to end the war in the Middle East. Dow Jones Industrial Average futures ( INDU ) rose 1.01%, S&P 500 futures ( SPX ) gained 0.90%, and Nasdaq 100 futures ( US100:IND ) advanced 1.10%. The proposal reflects the Trump administration’s eagerness to find an off-ramp from the conflict, now in its fourth week, as it grapples with the war’s economic fallout. The plan is said to address Iran’s ballistic missile and nuclear programs, as well as maritime routes through the Strait of Hormuz. Oil prices were also down on the news. Treasury yields edged lower across the curve. The 10-year Treasury yield ( US10Y ) fell 1.5 basis points to 4.35%, while the 2-year yield ( US2Y ) dropped 3.6 basis points to 3.89%. The 30-year yield ( US30Y ) slipped 1.8 basis points to 4.91%. The economic calendar includes import and export prices, the current account, and the survey of business uncertainty, among others. Top S&P 500 gainers in premarket trading included Newmont ( NEM ) +4.05%, Robinhood Markets ( HOOD ) +2.63%, and Tapestry ( TPR ) +2.58%. Decliners included CF Industries Holdings ( CF ) -4.23%, Norfolk Southern ( NSC ) -2.06%, and C.H. Robinson Worldwide ( CHRW ) -1.93%. More on markets Time To Short The S&P 500 3 Asset Classes And 3 Industries Already In Bear Markets Private Credit: Why It's Not 2008 Next phase of Iran trade: checking the tape before the tweet?
Insight with Haslinda Amin, a daily news program featuring in-depth, high-profile interviews and analysis to give viewers the complete picture on the stories that matter. The show features prominent leaders spanning the worlds of business, finance, politics and culture. (Source: Bloomberg)
Insight with Haslinda Amin, a daily news program featuring in-depth, high-profile interviews and analysis to give viewers the complete picture on the stories that matter. The show features prominent leaders spanning the worlds of business, finance, politics and culture. (Source: Bloomberg)
Arm Holdings (NasdaqGS:ARM) has introduced its first production silicon, the Arm AGI CPU, aimed at AI data centers. The launch marks a move beyond Arm's traditional IP licensing model into fully designed data center hardware. Meta and several large industry players are involved as launch partners and early co developers for the new CPU. For years, Arm has focused on licensing its chip architecture...
Arm Holdings (NasdaqGS:ARM) has introduced its first production silicon, the Arm AGI CPU, aimed at AI data centers. The launch marks a move beyond Arm's traditional IP licensing model into fully designed data center hardware. Meta and several large industry players are involved as launch partners and early co developers for the new CPU. For years, Arm has focused on licensing its chip architectures, which power a wide range of smartphones, embedded devices, and increasingly, data center...