It could be taken as testament to the market's laser focus on the health of the U.S. economy - and the threat from Donald Trump's trade wars - that even the financial report card from AI poster child and market bellwether Nvidia came and went with barely a ripple.
Global stocks mostly fell Thursday after earnings from artificial intelligence chipmaking leader Nvidia failed to wow the market and US President Donald Trump launched fresh broadsides on trade.
Major Wall Street indexes closed lower on Thursday as fresh U.S. data hurt sentiment and tech stocks weighed, and European stock markets fell following a threat from U.S. President Donald Trump to impose 25% tariffs on imports from the region.
Good morning. Investors are left underwhelmed by Nvidia’s earnings. Donald Trump says tariffs on EU goods will be 25%. And a craze for matcha is driving a shortage in Japan. Listen to the day’s top stories.
U.S. stocks are holding a bit steadier, for now at least, following the sharp tumble that wiped out the last of the “Trump bump” they received following President Donald Trump’s election
Good morning. Ukraine is said to have agreed a resources deal with the US. Donald Trump is starting a “gold card” visa program for wealthy investors. And Nvidia reports earnings today. Listen to the day’s top stories.
The aggressive tariff plans prompted a broader market pullback, as concerns over trade restrictions sent stocks reeling and the Dow plunging more than 600 points.
This is in response to Trump confirming that the 25% Canada and Mexico tariffs would be going ahead, alongside a furt
Tariffs may spike manufacturing costs for leading technology companies such as Apple and Nvidia that assemble and manufacture products outside the U.S.