NVIDIA Corporation is a leading technology company primarily known for its innovations in graphics processing units (GPUs) that enhance visual computing across various applications, including gaming, professional visualization, and artificial intelligence. Beyond its strong presence in gaming, NVIDIA's products are integral to deep learning and data center solutions, empowering advancements in machine learning, autonomous vehicles, and high-performance computing. By leveraging its cutting-edge technologies, NVIDIA aims to drive the future of computing and improve experiences across industries, from entertainment to scientific research. Read More
Wall Street is navigating a nuanced start to the week, with U.S. stock futures generally pointing higher, signaling a cautious yet optimistic sentiment among investors. This comes on the heels of a robust performance by major U.S. indexes last week, which saw the Nasdaq Composite (NASDAQ: COMP) achieve
As the curtain falls on another corporate earnings season, the S&P 500 has delivered a performance that has largely exceeded initial expectations, painting a picture of surprising corporate health amidst a complex economic landscape. Companies across various sectors have reported significant year-over-year profit and revenue growth, providing a much-needed
The financial markets are currently witnessing a stark divergence in corporate fortunes, highlighted by the recent earnings reports of two prominent technology companies. C3.ai (NYSE: AI), an enterprise AI software provider, has experienced a significant stock tumble following a warning of a potential operating loss and a critical assessment
The intricate dance of U.S.-China trade relations has taken a new, unprecedented turn, marked by a novel revenue-sharing agreement for American tech giants and a renewed push for agricultural purchases. In a significant development, chipmakers Nvidia (NASDAQ: NVDA) and Advanced Micro Devices (NASDAQ: AMD) have reportedly agreed to
The financial markets are abuzz with renewed optimism for a potential interest rate cut by the Federal Reserve in September 2025. This sentiment has been significantly fueled by a weaker-than-expected jobs report for July, which painted a picture of a cooling labor market. Coupled with supportive comments from key Federal
Curious about the most active S&P500 stocks in today's session? Get insights into the stocks that are leading the way in terms of trading volume and market attention.
Get a pulse on the US markets on Monday by checking out the most active stocks in today's session. Discover the stocks that are leading the way in terms of trading volume and market activity.
Shares of blockchain infrastructure company Coinbase (NASDAQ:COIN) jumped 7% in the morning session after the price of Bitcoin surged, hovering near its all-time high. The world's largest cryptocurrency traded above $121,000, approaching its record high of just over $123,000. The rally in crypto-related assets has been linked to strong demand from institutional investors and general optimism about broader adoption. A recent executive order that could open the door for workers to invest in crypto through 401(k) retirement accounts also appeared to boost sentiment. Further supporting the stock, Coinbase recently rolled out a significant update integrating decentralized exchange (DEX) trading into its main app. This feature expands access for its U.S. customers to millions of tokens on its Base network, making onchain trading faster and easier.
Shares of video sharing platform Rumble (NASDAQGM:RUM) jumped 10.8% in the morning session after it announced its intention to acquire German AI cloud firm Northern Data in an all-stock deal valued at approximately $1.17 billion. This strategic move aims to expand Rumble's capabilities beyond its video-sharing platform and into the high-growth AI infrastructure market. The all-stock transaction would give Rumble control of Northern Data's Ardent data centers and its Taiga GPU-as-a-service business, which includes a significant inventory of over 20,000 highly sought-after Nvidia H100 GPUs. Under the proposed terms, Northern Data shareholders would receive 2.319 Rumble shares for each of their shares, resulting in them owning about a third of the combined company. The stock's surge came despite Rumble also reporting second-quarter results that missed revenue estimates and showed a decline in monthly active users, signaling that investors are focused on the transformative potential of the AI-focused acquisition.
Shares of project management software maker Monday.com (NASDAQ:MNDY)
fell 26.5% in the morning session after the company reported second-quarter results that beat analyst estimates but issued a weaker-than-expected revenue outlook for the third quarter. The main concern for investors was the company's third-quarter revenue guidance of $311 million to $313 million. The midpoint of this range fell just short of Wall Street's forecast and signaled a potential slowdown in growth. This overshadowed the company's revenue and profit beats in the second quarter. Adding to investor concerns, profitability weakened, with the GAAP operating margin falling to -3.9% from 0.8% in the same quarter last year. The company's free cash flow margin also decreased year on year to 20.1%. These negative forward-looking indicators and weakening margins prompted a significant sell-off in the stock, despite an otherwise solid quarter.
Shares of computer processor maker Intel (NASDAQ:INTC)
jumped 6.4% in the afternoon session after reports that CEO Lip-Bu Tan is set to visit the White House, days after President Donald Trump called for his resignation. The meeting follows President Trump's call for CEO Lip-Bu Tan's removal last week over concerns about the CEO's alleged business ties to China. Investors reacted positively, viewing the visit as a crucial opportunity for Tan to address these concerns directly and strengthen Intel's relationship with the administration. The market's optimism may also be fueled by reports that competitors Nvidia and Advanced Micro Devices (AMD) are expected to give the U.S. government a 15% share of revenues from certain chips sold in China. Investors might see this as an opportunity for Intel to differentiate itself and potentially avoid similar penalties, solidifying its position as a primary domestic chip manufacturer.
The President said that while he would not approve exports of the full chip, a version that is downgraded by 30% to 50% could be considered at a later date.
