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Stocks drift as markets await Fed's interest rate clues. CVS Health and tech giants disappoint, but Amazon and DuPont shine in latest earnings. Fed Chair Powell's press conference looms, impacting investor sentiment. Stay tuned for key market moves.
Shares of leading designer of graphics chips Nvidia (NASDAQ:NVDA) fell 5.9% in the afternoon session after peer, AMD, reported reported first quarter results which highlighted a material increase in its inventory levels. In addition, AMD's guidance for the next quarter was underwhelming as revenue projection was mostly in line with Wall Street's projections.
Asian markets are wobbling in early trading after U.S. stocks swung to a mixed finish with the Federal Reserve delaying cuts to interest rates. U.S. futures surged and oil prices
Super Micro Computer just raised guidance for 2024 sales, but there's something else to watch, too.
Asian markets are wobbling in early trading after U.S. stocks swung to a mixed finish with the Federal Reserve delaying cuts to interest rates. U.S. futures surged and oil prices