Electronic Arts tumbles after cutting guidance because of underperformance in its soccer game titles, while Arm Holdings and Nvidia give back gains following sharp moves higher after the announcement of the Stargate AI initiative.
On Trump’s impending inauguration, Nvidia said Monday, “we look forward to a return to policies that strengthen American leadership, bolster our economy and preserve our competitive edge in AI and beyond.
The S&P 500 ( ^GSPC) jumped over 0.5% to secure its first all-time closing high of 2025. The Dow Jones Industrial Average ( ^DJI) popped around 0.9%, while the Nasdaq Composite ( ^IXIC) recovered from earlier session losses to finish the day up about 0.2%.
Electronic Arts tumbles after cutting guidance because of underperformance in its soccer game titles, while Arm Holdings and Nvidia give ... earnings and American Airlines slumps on weak guidance.
The Dow, the S&P 500, and the Nasdaq Composite posted weekly gains, despite sliding in Friday's trading session, as the stock market digested President Trump's latest comments on tariffs.
Meta Platforms CEO Mark Zuckerberg revealed plans to build a massive artificial intelligence data center, but Nvidia dipped slightly. Read more here.
Today’s podcast discusses OpenAI’s new travel tool, Tripadvisor bidding battles, and American Airlines’ earnings.
ET, Dow E-minis were up 12 points, or 0.03%, S&P 500 E-minis were down 10.25 points, or 0.17% and Nasdaq 100 E-minis were down 103.5 points, or 0.47%. The S&P 500 and the blue-chip Dow logged their sixth session of advances out of seven on Wednesday,
US President Trump announces Stargate Project with Oracle, SoftBank, and OpenAI, creating job opportunities and potential collaborations for India.
The US’ $500 billion Stargate project, announced by Donald Trump on the second day of his presidency to build a massive AI infrastructure in the country, was greeted with cautious optimism in India, with some experts and industry captains sensing a big opportunity for Indian engineering talent and for the country as a whole,
U.S. stock markets were closed Monday in observance of Martin Luther King Jr. Day.These stocks were poised to make moves Tuesday:Tesla rose 2.1% even as Trump vowed to eliminate Environmental Protection Agency rules requiring auto makers to sell all-battery electric vehicles to avoid hefty emissions-related fines.
The US administration's new framework restricts the import of artificial intelligence chips citing national security concerns about the technology and economic interests of producers and other countries.