Nvidia shares fall 4.3% after CEO Jensen Huang is forced to resign over infidelity scandal
The New York Stock Exchange fell, and semiconductor giant Nvidia plunged after CEO Jensen Huang was forced to resign over infidelity scandals.
Technology
Nasdaq plunges 5.5% as AI stocks lead Wall Street sell-off after Democrats’ election gains
The tech-heavy Nasdaq index fell more than 5 percent on Wall Street amid renewed concerns about the valuations of AI companies. The trigger was the Democrats’ success in the midterm elections and concerns about how it could affect AI companies, according to Maria Landeborn, a savings economist at Danske Bank.
Technology
Wall Street Falls as US Inflation Rises and AI Stocks Slide
The New York Stock Exchange fell sharply on Wednesday after new inflation data. Several AI-linked stocks also traded lower.
Technology
Oil prices and rising rate fears weigh on Wall Street as AI stocks plunge
Oil prices are rising again, fueling inflation and interest rate concerns in the US. In New York, the stock market was also dragged down by plunging AI stocks.
Technology
Wall Street starts the week higher as AI stocks lift markets
It was a cheerful opening week on the New York stock exchanges, where several AI-linked stocks gave the market an upward boost.
Technology
Wall Street falls as chip giants Qualcomm and Intel buck the trend
The leading indexes on Wall Street were in the red as the trading week got underway after Labor Day.
Business
Wall Street regains courage after dark Friday
After a gloomy Friday, newfound faith in AI companies - and falling oil prices - helped the New York Stock Exchange open the week more cheerfully.
Business