Quantum computing stocks tumble after Nvidia boss Jensen Huang says the tech is still 20 years away
Quantum stocks like Rigetti, IonQ and D-Wave Quantum saw steep losses after Nvidia CEO Jensen Huang said quantum computers are decades away.
Quantum stocks like Rigetti, IonQ and D-Wave Quantum saw steep losses after Nvidia CEO Jensen Huang said quantum computers are decades away.
Markets see just one rate cut coming in 2025 amid strong economic data and the potential for Trump's economic plans to stoke inflation.
The Wall Street veteran gives his take on the quantum computing stock debacle.
Wednesday's close will mark the end of the first five trading days of the year, a window that historically sets the tone for the months ahead.
"When Congress members consistently outperform benchmarks like the S&P 500, it raises serious questions about fairness."
NIO (NIO) stock has lost almost half of its value over the past 12 months and remains quite volatile. The business remains loss-making, and its path to profitability isn’t clear, given the company’s fairly unstable trajectory and investment in new business units. Personally, I’m bearish on NIO stock. The sector is increasingly competitive and the smart money already appears to have moved to automation. I’m also uncertain about the future of battery-swapping technology. Let’s Start with NIO’s Pos
Trump is considering invoking his emergency powers as president in order to carry out his plan to levy steep tariffs, CNN reported Wednesday morning.
Demands by U.S. activist investors can send a target company's stock surging, and new data from investment bank Lazard show that these corporate nudges generate considerable market index-beating gains in the days after demands are announced. But the gains are not always long-lasting, according to a report by Lazard. "Activism drives median share price outperformance of 200 basis points in the five days following campaign launches," Lazard wrote in its annual review of shareholder activism, which was released to clients on Wednesday.
Investors absorbed a report that President-elect Donald Trump is considering declaring a national economic emergency to pave the way for proposed tariffs.
The stock market had mixed results on Wednesday.