Page 14 - Chipmaker Nvidia News Today

Stocks wobbled between gains and losses in late morning trading on Wall Street Friday as major indexes head for another weekly loss.

Stocks edged higher on Wall Street on a wobbly day of trading Tuesday as investors wait for more data on inflation and corporate earnings this week.

Chipmaker Nvidia is acquiring DeepMap, the high-definition mapping startup announced. The company said its mapping IP will help Nvidia’s autonomous vehicle technology sector, Nvidia Drive. “The acquisition is an endorsement of DeepMap’s unique vision, technology and people,” said Ali Kani, vice president and general manager of Automotive at Nvidia, in a statement. “DeepMap is expected […]

If you dip your toe in to meme stocks, remember elevated volatility means elevated risk.

Asian stock prices followed Wall Street higher on Wednesday following a rally for major tech companies.

Higher bond yields tend to pull money away from high-priced stocks like technology companies, which have been soaring through the pandemic and, as a result, have been beaten down in recent weeks as bond yields have marched higher. “The yields being down took a little of the pressure off the tech stocks,” said Willie Delwiche, investment strategist at All Star Charts. “There’s still beneath the surface a buy-the-dip mentality and a belief that large-cap growth (stocks) are going to be a ...