Wall Street holds steadier
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Wall Street's main indexes were set for a higher open on Wednesday following sharp losses earlier in the week, as investors set their eyes on Nvidia's earnings which could prove to be a make-or-break moment for the AI trade.
Stock barometers may be calmer early Wednesday, but signs of residual tension can bee seen in option markets. The Cboe Volatility index (VIX), an option-derived measure of expected movement in the S&P 500 that's known as Wall Street's fear gauge,
With the Dow closing down nearly 500 points Tuesday and the S&P logging its longest slide since August, experts are pointing to concerns over an AI bubble. NBC’s Brian Cheung joins TODAY to break it all down.
Analysts are still upgrading Nvidia heading into earnings. Just today, analysts at William Blair reiterated an outperform rating on Nvidia (NASDAQ: NVDA), saying the tech giant is too attractive to ignore ahead of earnings.
Stocks moved mostly higher on Wednesday following a tech-led sell-off as investors awaited earnings from Nvidia (NVDA) that will set the tone for the next leg of the AI trade. Given that, Fed minutes set for release later will be put under the microscope for insight into the economy and future policy.
Wall Street finished Tuesday's trading session to the downside on a day that watched the Nasdaq Composite plunge as much as 2%.
Five Solana ETF filings in 30 days signal Wall Street's serious interest. Experts target $140 to $600 for SOL in 2026 as institutions load up.
Nvidia's (NVDA) third quarter earnings results are due out after the closing bell on Wednesday. With Wall Street chatter of an AI bubble forming and Nvidia CEO Jensen Huang's promise of $500 billion in AI chip demand,
Warnings about Wall Street's excessive optimism, concentration risk, and frothy valuations have fallen on deaf ears for most of this year, leaving market-watchers wondering what, if anything, will cool the tech and artificial intelligence frenzy.
As traders rolled into the office Friday, they were greeted with a choice. Lock in profits as futures on the S&P 500 Index were pointing to another brutal day of selling, or heed the advice of Wall Street strategists and buy the dip.
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1 Popular Quantum Computing Stock to Sell Before It Falls 20%, According to a Wall Street Analyst
Rigetti Computing has been one of the most popular quantum computing stocks over the last year. While shares of Rigetti posted big gains over the last 12 months, the stock appears to be entering a downward spiral.