AI trade: Nvidia tops $5 trillion amid chip rally
Nvidia topped $5 trillion in market value after Intel's strong earnings fueled a broad chip rally, with AMD up 14% and Qualcomm up 11%.
Latest Posts Latest Posts Latest Posts
Latest Posts Latest Posts Latest Posts
Latest
Page 26
Businesses get first crack at tariff refunds
Tariff refunds are moving through a new federal portal, but businesses will get paid before households tied to Trump’s promised dividend.
War risk: mortgage rates hold near monthly lows
Mortgage rates held near recent lows Friday, with the top-tier 30-year fixed rate at 6.32% for a seventh straight day.
Consumer sentiment sinks to record low on inflation fears
U.S. consumer sentiment hit a record low in April as inflation fears rose even after a ceasefire with Iran briefly eased war jitters.
Nvidia record close lifts market value past $5 trillion
Nvidia shares rose to a record and pushed its market value past $5 trillion as Intel's surprise earnings beat fueled a fresh rally in AI stocks.
War-driven costs push U.S. output prices to near four-year high
S&P Global’s April flash composite PMI rose to 52.0, but output prices hit a near four-year high and supplier delays worsened as war-driven cost pressures built.
Mortgage rates stay near 1-month lows amid Iran war and Fed wait
Mortgage rates ended the week near recent lows, with the 30-year fixed at 6.32% and little day-to-day movement.
U.S. consumer sentiment hits record low on inflation fears
U.S. consumer sentiment fell to a record 49.8 in April as inflation expectations jumped and fuel costs kept rising.
Nvidia market value tops $5 trillion on record close
Nvidia closed at a record Friday, lifting its market value past $5 trillion as traders bought chip stocks ahead of next week’s cloud earnings.
Hormuz relief keeps oil traders on edge
Iran said the Strait of Hormuz was open, then attacked an Indian tanker, keeping Brent crude and shipping routes under pressure.
War jitters keep mortgage rates near monthly lows
The Mortgage Bankers Association said purchase applications rose 10% and refinance demand climbed 6% as rates eased for a third straight week.
Consumer sentiment hits record low as war-driven price shocks spread
U.S. consumer sentiment fell to a record low in April as war fears lifted expectations for fuel, food and freight costs.