US equities markets performed middling on Wednesday, February 26, as investors weighed US President Donald Trump’s new tariff threats. Trump announced 25% tariffs on EU imports and stated that fresh duties on Canada and Mexico would take effect in April rather than March 4. The Nasdaq Composite Index and the S&P 500 rose 0.26% and…
As investors kept an eye on a rush of corporate results reports coming out of the area, European markets saw more substantial trading on Wednesday. Most sectors and all major bourses were in positive territory as the pan-European Stoxx 600 index provisionally finished 0.99% higher. With the Dax rising 1.73%, German equities continued the surge…
After President Trump discussed his tariff intentions at a cabinet meeting Wednesday afternoon, and investors awaited Nvidia’s (NVDA) after-the-bell results, which beat on both the top and bottom lines, stocks ended another tumultuous trading session with uneven closing prices. To end the day up around 0.3%, the Nasdaq Composite (^IXIC) pared gains. Following steep declines,…
As investors digested Nvidia’s most recent earnings report, US futures linked to the main indexes showed slight rises Wednesday night. S&P 500 (ES=F) futures increased by 0.1%, Nasdaq 100 (NQ=F) futures increased by 0.1%, and Dow Jones (YM=F) futures fluctuated slightly below the baseline. Following the highly anticipated earnings announcement, Nvidia’s (NVDA) stock surged 4%…
Nvidia CEO Jensen Huang said the AI computer behemoth is only beginning to meet demand after more than tripling revenue to $130.5 billion last year and earning $11 billion from early shipments of its Blackwell GPUs in the fourth quarter alone. Due to the strong demand for its AI chips and systems, Nvidia more than…
Asian stocks fell Thursday as investors digested US President Donald Trump’s most recent tariff proposals and Nvidia Corp.’s lackluster results. Hong Kong technology equities and Chinese equity measures declined as 10-year Treasury rates slightly increased. Following Trump’s announcement that his government will slap 25% tariffs on the European Union, European equities index futures fell as…
Global equities surged as markets recovered from Tuesday’s hiccup, with investors waiting to see if Nvidia Corp.’s earnings reports could help reignite the artificial intelligence-driven rise. Stocks in Europe reached a new intraday high, climbing almost 0.8%. Resources companies led the gains after President Donald Trump announced tariffs on copper, boosting the price of metals….
Is the US economy starting to turn over? The combination of recent data disappointments, rising trade tensions, and sharp asset market movements implies that investors are beginning to consider such a scenario. On Tuesday, Treasury Secretary Scott Bessent cautioned that the economy may be more “brittle” beneath the surface than headline figures suggest. If this…
On Tuesday, the company released its delayed financial results, just in time to fulfill the Nasdaq listing requirement. Shares of the server manufacturer rose 22% in extended trade following the filing. “In our opinion, the consolidated financial statements present fairly, in all material respects, the financial position of the Company on June 30, 2024,” BDO,…
On Tuesday, U.S. President Donald Trump proposed replacing a visa program for foreign investors with a so-called “gold card” that could be purchased for $5 million as a pathway to American citizenship. Trump told reporters that he plans to replace the “EB-5” immigrant investor visa program, which lets foreign investors become permanent residents by investing…