Markets are hoping Nvidia's big AI event this week will be a badly needed positive catalyst for the stock
With the shares down 13% in 2025, investors are looking for fresh updates from the GTC conference to help restart the rally for Nvidia.
U.S. stocks fall, gold hits record amid Middle East tensions
Wall Street turned lower and gold surged to record highs on Tuesday as Israeli airstrikes on Gaza revived geopolitical jitters and the U.S. Federal Reserve gathered to discuss monetary policy amid growing economic uncertainty. A vote by Germany's parliament to overhaul government spending sent European stocks higher, however, and German shares to near record highs. Even so, all three major U.S. stock indexes were lower in early trading, with weakness in tech-related megacap stocks dragging the tech-laden Nasdaq down the most.
Watch These D-Wave Quantum Price Levels After Stock Surges to Highest Level Since 2022
D-Wave shares are likely to remain on watchlists Tuesday after surging to a multi-year high as investors continued to pile into the stock following news last week that the company's quantum computer outperformed a supercomputer. Monitor these key chart levels.
5 reasons Wall Street thinks the worst is over for the stock sell-off
Analysts at two top US banks say the worst of the sell-off is likely behind investors after weeks of pain brought on by tariff and growth concerns.
Australian bank CEOs say Trump 'tariff madness' may drive up global inflation
SYDNEY (Reuters) -A trade war sparked by U.S. President Donald Trump's tariffs may drive up global inflation, stoke market volatility and slow economic growth, the CEOs of two top Australian banks said on Tuesday, but added Australia was insulated from the disruption. The heads of No. 1 retail lender Commonwealth Bank of Australia and No. 1 business lender National Australia Bank told a conference the new U.S. administration's protectionist policies would likely strain the global economy in the medium term with higher costs and lack of certainty. But Australia's roughly $15 billion a year in exports to the U.S. was small compared to its overall export trade, so the country was better placed than Canada, which sells 85% of its exports to the U.S., the financial leaders added.
Trump Taps Michelle Bowman to Be Fed’s Top Bank Cop
(Bloomberg) -- President Donald Trump picked Federal Reserve Governor Michelle Bowman to serve as the central bank’s vice chair for supervision, a move cheered by Wall Street banks and smaller lenders who expect she’ll be friendlier to the industry.Most Read from BloombergICE Eyes Massive California Tent Facility Amid Space ConstraintsHow Britain’s Most Bike-Friendly New Town Got BuiltThe Dark Prophet of Car-Clogged CitiesWashington, DC, Region Braces for ‘Devastating’ Cuts from CongressNYC Plan
China Dollar Bond Deals Surge as Market Gloom Begins to Lift
(Bloomberg) -- China’s $600 billion corporate dollar bond market is showing signs of resurgence, as optimism over artificial intelligence advances and recent government steps to ease the property crisis help boost confidence.Most Read from BloombergICE Eyes Massive California Tent Facility Amid Space ConstraintsHow Britain’s Most Bike-Friendly New Town Got BuiltThe Dark Prophet of Car-Clogged CitiesWashington, DC, Region Braces for ‘Devastating’ Cuts from CongressNYC Plans for Flood Protection W
Crypto expert who challenged Elizabeth Warren is bullish on crypto despite price volatility
John Deaton discusses the political landscape shift around crypto
Bitcoin ETF outflows hit $5B, but ‘boomers are holding,’ says Balchunas
Bitcoin ETFs have seen billions in outflows, but Bloomberg’s senior ETF analyst Eric Balchunas says investors — especially boomers — are holding strong.
21Shares to Liquidate 2 Bitcoin and Ethereum Futures ETFs
Crypto asset manager 21Shares is set to liquidate 2 bitcoin and ethereum futures ETFs as the crypto market slumps.