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Jennifer Sor
22 Feb 2024, 04:23

US stocks close mixed as investors brace for Nvidia earnings and digest Fed minutes

US stocks close mixed as investors brace for Nvidia earnings and digest Fed minutes

US stocks close mixed as investors brace for Nvidia earnings and digest Fed minutes

Nvidia stock slumped 3% as investors waited for the chipmaker's hotly anticipated earnings report.

An Nvidia earnings blowout could actually be bad news for the stock, JPMorgan says
Matthew Fox
22 Feb 2024, 02:48

An Nvidia earnings blowout could actually be bad news for the stock, JPMorgan says

"Soooo, bad is bad, good is fine/bad, but too good might be not good," JPMorgan said of Nvidia's upcoming earnings report.

Forgot dot-com comparisons: The Magnificent 7 look like the Nifty 50 bubble that burst in the 1970s and sent the group tumbling 60%, famed economist says
Aruni Soni
21 Feb 2024, 23:40

Forgot dot-com comparisons: The Magnificent 7 look like the Nifty 50 bubble that burst in the 1970s and sent the group tumbling 60%, famed economist says

Like the Nifty 50 in the 1960s and 70s, today's market-leading tech stocks are profitable. But that doesn't mean they're safe, David Rosenberg says.