Markets Insider News

Nvidia's role in powering the AI sector's vast ambitions means it will be a clear leader in the space for a long time, sources told Insider.

Warren Buffett warned in 2011 that failing to raise the debt ceiling might be the most idiotic move in the history of Congress.

Default would be "one more piece of the puzzle where investors around the world say this is not a reliable leader of the international finance system."

Insider's Phil Rosen sits down with a top economic and policy expert from the Atlantic Council to talk debt-ceiling scenarios.

Economists including Jeremy Siegel ruled out a US debt default, saying the political standoff over the borrowing limit will be resolved in time, as it has done many times in the past.

Nvidia stock skyrocketed this week, driving a fresh AI frenzy after reporting stellar earnings and strong guidance.

The median new mortgage payment rose about 1% last month, a sign that affordability is getting even worse.

"Yesterday's rebound gives the S&P 500 a better chance of confirming last week's breakout above cloud-based resistance [of] 4,155," Stockton said.

"I think that we have a price bubble," veteran economist David Rosenberg said, comparing the market cycle to the dot-com era's collapse.

Short sellers who bet against Nvidia lost billions of dollars in a single day as the chipmaker's stock staged a stunning rally.

AI stocks are in a "baby bubble" and could burst as interest rates stay high and financial conditions tighten, Bank of America said.

With Ford pinning its future on electric vehicles, ensuring its customers increased access to charging stations appears to be crucial to its success.

"I'm terrified about the possible implications of actual default. But the rating agencies are just irrelevant," Paul Krugman said, after Fitch placed US's credit on watch.

Stocks may notch gains ahead of the Memorial Day holiday as lawmakers appear to be nearing a deal to lift the $31 trillion debt ceiling.

Jennison Associates' nearly 1% stake in Nvidia has ballooned in value from $3.4 billion to $8.6 billion this year, assuming it hasn't cashed out.

Markets don't seem to believe Janet Yellen's warning that the X-date - when the US government would run out of cash - is June 1, Jim Bianco said.

Insider's Phil Rosen explains what's behind the key chip stock's meteoric rise.

US Gross Domestic Income contracted in back-to-back quarters, suggesting a recession has already arrived, David Rosenberg said in a tweet.

India’s benchmark indices Sensex and Nifty50 are likely to open in the red on Friday amid negative cues in global markets. SGX Nifty, an early indicator of how the markets may perform, was down 0.23% or 43 points early in the morning today. Earlier on Thursday, markets closed in the green after a recovery in the fag-end of the trading session, closing 0.2% higher.

The Nasdaq Composite surged after Nvidia posted stellar quarterly results and gave investors even more to hope for with strong guidance.

"However, the costs of a security-centered development strategy are likely to be much higher for China than for the US," wrote Minxin Pei.

Rough calculations suggest Ark Invest missed out on over $200 million in potential profits when it sold Nvidia stock throughout the end of last year.