Investors were cautiously pessimistic about the latest news coming out of the company's lab.
These Stocks in Nvidia's Portfolio Took a Hit in the Second Quarter
Nvidia held stakes in Arm, SoundHound AI, Nano X Imaging, Recursion Pharmaceuticals, and Serve Robotics at the end of the second quarter, Nvidia's 13F filing this week showed. Most of the stocks in Nvidia's portfolio lost ground during the second quarter, though a majority have still gained since the start of the year. Arm, SoundHoundAI, and Serve have climbed at a faster pace than the S&P 500 so far this year, while Nano X Imaging lagged with a 13% gain, and Recursion Pharmaceuticals dropped nearly 32%.
Anthony Scaramucci Says Kamala Harris' Poll Numbers Are Driving Market Higher, Predicts 'Rough 81 Days' Ahead For Trump
The equity market has been on a tear and what is more remarkable is its strong rebound from the mayhem seen on Aug. 5. Former White House Communications Director Anthony Scaramucci on Thursday commented about the strong comeback by the market, delving into the potential reasons thereof. Don’t Miss: IRS Finalizes 10-Year Rule For Retirement Withdrawals, Making Things ‘Even More Insanely Complicated’ This Jeff Bezos-backed startup will allow you to become a landlord in just 10 minutes, and you onl
Why JD.com Stock Blasted Nearly 9% Higher on Friday
One analyst upgraded the stock, but other pundits weren't as positive on its prospects.
Uber Raised to Investment-Grade by S&P on Earnings Growth
(Bloomberg) -- S&P Global Ratings upgraded Uber Technologies Inc.’s credit ratings to investment-grade status on Friday, citing the ride-hailing and food-delivery company’s consistent earnings growth.Most Read from BloombergManchester Is Giving London a Run for Its MoneyBoston’s Broke and Broken Transit System Hurts Downtown RecoveryA Floating Island in Baltimore Raises Hope for a Waterfront RevivalA Warehouse Store Promises Housing for South LA, in BulkThe Cross-Continental Race Using Only Publ
Stock market today: Indexes edge lower as traders hit pause on data-fueled rally
Stocks took a breather Friday after rallying on strong economic data. Investors are waiting on the latest consumer sentiment reading later in the day.