Nvidia slump drags Wall Street and NZ sharemarket lower – Market close
Matt Goodson, managing director at Salt Funds, said the market was weaker but was faring better than many…
Nvidia, Microsoft invest $26 billion in AI start-up Anthropic
The investments mark a significant realignment in the generative AI sector, where competition has intensified between ChatGPT-maker OpenAI…
NZ sharemarket falls over 1% – Market close
The earnings and outlook will set the tone for both technology stocks and market direction. Nvidia, the giant…
Wall Street falls ahead of Nvidia results amid doubts over US rate cuts
It’s the weakest reading since April, when President Donald Trump imposed higher-than-expected tariffs. Europe lacked inspiration too with…
NZ stocks take US lead to end weaker – Market close
Craigs Investment Partners investment director Mark Lister said the local market had taken its lead from Wall Street…
Wall Street jitters: KiwiSaver managers trim tech exposure amid AI bubble fears
KiwiSaver providers generally have exposure to US stocks because they account for about 60% of the world market.…
NZ sharemarket shakes off Wall St fall to end firmly – Market close
Goodson said attention remained on the US and the market’s explosive performance on the back of shares related…
AI stocks waver as Big Short investor bets against Palantir, Nvidia
“It just is super-triggering because these people … they can pick on any company in the world; they…
Bubble fears: Are US sharemarkets due for a crash? – Stock Takes
But both indices have been blitzed by the technology-heavy Nasdaq, which weighed in with a 24.2% year-to-date gain.…
NZ sharemarket gains in Labour day catch-up – Market close
In the United States, the S&P 500 Index went above 6800 points for the first time after gaining…
NZ sharemarket starts week down 0.8% – Market close
The technology-laden Nasdaq Composite slumped 3.56% to 22,204.43 points, the S&P 500 fell 2.71% to 6,552.51, and the…
NZ sharemarket falls as Wall Street slides on renewed US-China trade fears
By late morning, the S&P/NZX50 index had dropped by 137 points or 1% to 13,329.95 after briefly hitting…