Stocks (^GSPC, ^DJI) closed Tuesday lower across the board as investors await Nvidia's (NVDA) earnings due out Wednesday. The tech-heavy Nasdaq (^IXIC) especially lagged, pulling back ahead of Nvidia's fourth-quarter results. Among sectors, consumer staples was the lone gainer, lifted by Walmart's (WMT) strong results driven by sales growth. Yahoo Finance's Jared Blikre breaks down the details. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Angel Smith
Stocks (^GSPC, ^DJI) closed Tuesday lower across the board as investors await Nvidia's (NVDA) earnings due out Wednesday. The tech-heavy Nasdaq (^IXIC) especially lagged, pulling back ahead of Nvidia's fourth-quarter results. Among sectors, consumer staples was the lone gainer, lifted by Walmart's (WMT) strong results driven by sales growth.
Yahoo Finance's Jared Blikre breaks down the details.
For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
Editor's note: This article was written by Angel Smith
Barrons.com
Super Micro Computer stock has plenty of room to rise, according to Rosenblatt Securities, which gave the shares a towering price target Tuesday. Super Micro Computer shares have surged 715% over the last 12 months, driven by investor excitement for the future of artificial intelligence. Rosenblatt analyst Hans Mosesmann expects these gains to continue.
The Wall Street Journal
Shares of Nvidia fell more than 4% Tuesday, shedding more market value than on any other day in its history. + The high-flying chip stock ended the day off $78 billion in market cap, according to Dow Jones Market Data, to about $1.
Bloomberg
(Bloomberg) -- Big tech dragged the stock market away from its all-time highs, with Wall Street awaiting Nvidia Corp.’s earnings on Wednesday for confirmation the chipmaker can meet the lofty expectations set by the artificial-intelligence boom. Most Read from BloombergCapital One to Buy Discover for $35 Billion in Year's Biggest Deal Largest Covid Vaccine Study Yet Finds Links to Health ConditionsYour 401(k) Will Be Gone Within a DecadeStocks Fall Before Nvidia’s Make-or-Break Moment: Markets W
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