Nvidia Corporation (NVDA) Stock in the beleaguered megacap AI chip maker Nvidia has taken another hit in after-hours trading following the news that the US government has restricted the exports of H20 chips to China. The market is a huge buyer of Nvidia products, with the company warning of to a $5.5 billion hit to the company's bottom line. Nvidia dropped over 6% in extended trading. United Airlines Holdings, Inc. (UAL) United Airlines stock soared after beating Q1 revenue expectations in an early report for the major airline. Earnings estimates...
US stock futures fell on Wednesday after Nvidia (NVDA) revealed costly new curbs on chip exports to China, and investors grappled with uncertainty over President Trump's trade policy. Futures attached to the Dow Jones Industrial Average (YM=F) slumped 0.2%. Futures attached to the benchmark S&P 500 (ES=F) sank 0.7%. Futures attached to the tech-heavy Nasdaq Composite (NQ=F) plummeted 1.3%. CBOT - Delayed Quote • USD As of 5:49:55 GMT-4. Market open. YM=F ES=F NQ=F Nvidia's (NVDA) stock took a hit in premarket trading on Wednesday after the company revealed that...
The stock market sold off rapidly over the past few weeks, leading many to label this a stock market crash brought on by President Donald Trump's tariff announcements. Stocks moved down sharply this week as reciprocal tariffs went into effect; they recovered quickly as Trump announced tariff relief on every country except China, but continued to mark additional losses on Thursday. We are a long way from seeing how this all shakes out, but the prevailing notion in the markets is that tariffs will still have a negative effect. However,...