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Nvidia (NVDA) shares fell around 2.6% to around $209 in early Monday trading as the chipmaker began its earnings week under pressure from a broader decline in technology and semiconductor stocks.
The S&P 500 fell 0.2%, while the Nasdaq Composite lost 0.5%. The Dow Jones Industrial Average was up 32 points, or 0.1%.
Chip stocks were among the biggest decline...
Wall Street’s major benchmarks are still holding near recent highs, but the rally’s foundation looks less secure than the headline numbers suggest.
A multi-week pullback has interrupted a string of weekly advances, and JPMorgan Chase & Co. sees the retreat as more than a routine pause.
In a note from technical strategist Jason Hunter, the bank argues that s...
Marvell Technology stock peaked at $252 last week after announcing a major $12 billion deal with Google. It then pulled back to $230 as investors sold the news and waited for the upcoming earnings report, which will provide more information about its business. So, is MRVL a good buy or sell ahead of earnings?
Marvell Technology stock in the spotlight ahead of earningsShares of major US steel and aluminum producers rose Monday as investors reassessed the implications of the breakdown in US-Canada trade negotiations.
Nucor NUE gained about 4%, while Steel Dynamics al...
Salesforce shares have extended their rally and are now testing a key resistance zone as traders turn their attention to Wednesday’s earnings report. CRM has climbed into the $210 area this week, a level that lines up with the stock’s high point back in June, making it a natural spot to watch for how price reacts.
That resistance will face its real test on Wednesday, ...