Markets may have weathered a key Nvidia earnings test but the ability of big tech to move sentiment across markets on a dime will continue to preoccupy investors as lofty valuations persist. AI darling Nvidia on Wednesday surprised Wall Street with accelerating growth after several quarters of slowing sales and a fourth-quarter forecast that exceeded … Read more
Asian equities struggled for direction at the open Wednesday as investors awaited Nvidia Corp.’s earnings for guidance on where the markets head next after a strong rally since April. Shares edged up in Australia while gauges in Japan and South Korea were flat. Chips and the electronics sector were in focus with Nikon Corp. shares … Read more
US stock futures jumped and the dollar strengthened after President Donald Trump’s global tariffs were deemed illegal and blocked by the US trade court. Upbeat earnings from Nvidia Corp. also boosted investor sentiment. Contracts for the S&P 500 and Nasdaq 100 gained 1.4% and 1.7% respectively. The ruling can now be appealed by the Trump … Read more