Nvidia stock has crossed a red line that points to more pain after this week's DeepSeek rout
Nvidia crossed below its 200-day moving average this week for the first time since 2023. Analysts say the correction could deepen.
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SK Hynix Shares Slide on DeepSeek Worry as Korea Market Reopens
(Bloomberg) -- Shares of SK Hynix Inc., a key supplier to Nvidia Corp., tumbled more than 11% in post-holiday catchup trading after Chinese startup DeepSeek shocked the AI world.Most Read from BloombergManhattan’s Morning Commute Time Drops With New Congestion TollHow the 2025 Catholic Jubilee Is Reshaping RomeTrump Paves the Way to Deputize Local Police on ImmigrationHousing Aid Uncertain After Trump’s Spending Freeze MemoTrump's Federal Funding Pause Threatens State Financials The surprising n
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Federated Hermes Says Indian Stocks Battling a ‘A Perfect Storm’
(Bloomberg) -- Follow Bloomberg India on WhatsApp for exclusive content and analysis on what billionaires, businesses and markets are doing. Sign up here.Most Read from BloombergManhattan’s Morning Commute Time Drops With New Congestion TollHow the 2025 Catholic Jubilee Is Reshaping RomeTrump Paves the Way to Deputize Local Police on ImmigrationHousing Aid Uncertain After Trump’s Spending Freeze MemoTrump's Federal Funding Pause Threatens State Financials Vivek Bhutoria has been bearish on India
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Top strategists say this unloved stock sector could be one of 2025's top performers
While RFK Jr. is likely to lead the Department of HHS, he will be limited in his ability to stop the continued innovation and rollout of new drugs.
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25 Cities That Could Have the Most Stable Housing Markets by the End of 2025
Both homebuyers and real estate investors should be well informed ahead of purchasing property about how the housing market in any given location is performing. Is it thriving? Is it tanking? What...
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Las Vegas Sands Stock Soars as Executives Predict China Growth Will Boost Macao Revenue
Shares of Las Vegas Sands soared Thursday, one day after executives at the hotel and casino operator said they are confident in their future success due to their strong assets in the important gambling market of Macao.
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Here’s why Microsoft’s stock got pummeled after it beat revenue and profit forecasts
Investors grow concerned that AI expenses and a looming price war in cloud services could blow up its profits.
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Microsoft Stock Slumps as Azure 'Execution Issues' Make Analysts Wary
Microsoft shares tumbled Thursday after the company’s weaker-than-expected fiscal second-quarter cloud growth prompted some analysts to be more cautious about the stock.
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US retail investors dive into tech stocks in response to DeepSeek selloff
Retail investors poured one out of every three dollars of their investments into Nvidia shares in the first days of this week when the AI chipmaker suffered a record one-day loss in market value, according to market tracking firm Vanda. It also reported retail investors were eager purchasers of Tesla, Broadcom and Apple. "This buy-the-dip opportunity is proving to be too attractive for individual investors to pass up on," said the VandaTrack report's authors, Marco Iachini, the firm's senior vice president, and Lucas Mantle, vice president.
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Stock market today: Dow, S&P 500, Nasdaq move higher with Apple earnings in the wings
Investors are combing the first batch of Big Tech earnings as they wait for Apple to report.
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Apple earnings top Wall Street forecasts while iPhone, China sales fall short
Apple reported its Q1 2025 earnings after the bell Thursday, beating on expectations, but falling short on iPhone sales.
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Morning Bid: Trump tariff grenade threatens market calm
A tumultuous week rounds off with investors in Asia taking their cue from more U.S. 'Big Tech' earnings, digesting Fed Chair Jerome Powell's guidance from earlier in the week, but bracing for U.S. tariff-related volatility. The global macro backdrop is broadly supportive, after the European Central Bank's rate cut and indication of more to come, the Bank of Canada's cut earlier this week, and expectations the Bank of England will ease next week. But just before the Wall Street close on Thursday President Donald Trump said the U.S. could slap 25% tariffs on Mexico and Canada.
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Adtalem (NYSE:ATGE) Reports Upbeat Q4, Stock Soars
Vocational education company Adtalem Global Education (NYSE:ATGE) announced better-than-expected revenue in Q4 CY2024, with sales up 13.9% year on year to $447.7 million. The company’s full-year revenue guidance of $1.75 billion at the midpoint came in 1.5% above analysts’ estimates. Its non-GAAP profit of $1.81 per share was 32.1% above analysts’ consensus estimates.
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Boot Barn (NYSE:BOOT) Reports Q4 In Line With Expectations But Stock Drops
Clothing and footwear retailer Boot Barn (NYSE:BOOT) met Wall Street’s revenue expectations in Q4 CY2024, with sales up 16.9% year on year to $608.2 million. The company expects next quarter’s revenue to be around $455.5 million, close to analysts’ estimates. Its GAAP profit of $2.43 per share was 0.8% above analysts’ consensus estimates.
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Deckers (NYSE:DECK) Surprises With Q4 Sales But Stock Drops 15.8%
Footwear and apparel conglomerate Deckers (NYSE:DECK) reported Q4 CY2024 results topping the market’s revenue expectations, with sales up 17.1% year on year to $1.83 billion. On the other hand, the company’s full-year revenue guidance of $4.9 billion at the midpoint came in 0.7% below analysts’ estimates. Its GAAP profit of $3 per share was 14.9% above analysts’ consensus estimates.
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