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S&P 500 Gains Fade as Nvidia (NVDA) Tumbles on AI Competition Fears

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The Story

News Summary

  • S&P 500 rose 1.08% Wednesday amid lower oil and Treasury yields.
  • Thursday futures declined as Nvidia fell despite beating earnings, citing AI competition concerns.
  • Intuit slumped 13% on weak revenue and layoffs; e.l.f.
  • Beauty gained 4% on strong results.
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NVDA price history

218.29 +19.87% over the displayed period

Advisor Snapshot

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