A dip for Nvidia weighs on Wall Street; stock indexes edge back from records [Los Angeles Times (CA)]
S&P Global Inc. (SPGI)
Last s&p global inc. earnings: 4/28 07:10 am
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Source: Los Angeles Times
The Standard & Poor's 500 dropped 0.3% from its all-time high set before trading paused for Wednesday's Juneteenth holiday. The Nasdaq composite also pulled back from its record and slipped 0.8%. The Dow Jones industrial average beat the market with a gain of 299 points, or 0.8%. Nvidia gave up an early gain and swung to a loss of 3.5% to put at risk an eight-week winning streak. The chip company has been the main beneficiary of Wall Street's frenzy around artificial intelligence technology, and it had supplanted Microsoft on Tuesday to become the most valuable company in the market. Nvidia's stumble ceded the top spot back to Microsoft. Nvidia's chips are helping to power the move into AI, which proponents see producing explosive growth in productivity and profits, and it's already up 164% this year after more than tripling last year. Besides raising worries about a potential bubble in which investors' excitement is getting excessive, the eye-popping gains for Nvidia and other
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SPGI
Earnings
- 4/26/24 - Miss
SPGI
Sec Filings
- 6/26/24 - Form 11-K
- 6/17/24 - Form 4
- 5/17/24 - Form 4
- SPGI's page on the SEC website