Live Updates Markets Now Closed - Tesla a Big Winner1:16pm ETEric BleekerMarkets closed early today at 1 p.m. ET, and the Nasdaq ended the day up 1.35%, an impressive gain. Big winners today included:…
Live Updates Nasdaq Now Down More than 3% 3:38pm ETEric Bleeker Well, that escalated quickly. After markets were initially fairly muted on the Federal Reserve cutting rates by 25 basis points, selling accelerated during…
Live Updates Bitcoin Reaches New Highs 2:11pm ETEric BleekerBitcoin briefly topped $108,000 this morning before falling back. As of 2:10 p.m. ET, each Bitcoin trades for about $106,700. In another piece of Bitcoin news,…
Live Updates Nasdaq Now Up 1.2% 1:30pm ETEric BleekerAs of 1:30 p.m. ET, the Nasdaq-100 is up 1.25%. That’s significantly outpacing the S&P 500’s .53% gain. The Dow Jones is down very slightly. What’s…
Live Updates AI Infrastructure Stocks Carrying the Market 9:53am ETEric BleekerToday is all about AI infrastructure stocks. That’s stocks that are involved in massive data center build-outs in areas like chip design, networking, and…
Live Updates Uber Shares Under Pressure 2:06pm ETEric BleekerShares of Uber (Nasdaq: UBER) are down 6.1% today after General Motors (NYSE: GM) announced they’d cease funding of their Cruise robotaxi division. Uber had announced a partnership with Cruise…
Live Updates Momentum Stocks Sink Again 4:44pm ETEric BleekerThe Nasdaq closed down just .25% today, but there was a sea of red in certain segments of the market. Semiconductor stocks were hammered today. NVIDIA (Nasdaq: NVDA)…
Live Updates Google Unveils Breakthrough Quantum Computer 3:17pm ETEric BleekerGoogle unveiled a new quantum chip named Willow today. Here are the two main achievement from Willow that Google lists in its press release: The…
Live Updates OpenAI Usage Continues Accelerating 12:51pm ETEric BleekerAt the NY Times DealBook Summit, OpenAI CEO Sam Altman revealed the company’s ChatGPT service now has 300 million weekly active users. That’s up from $200…
Live Updates WSJ Says Amazon Building Massive Supercomputer Off Trainium Chips 10:12am ETEric BleekerThe Wall Street Journal published an article today on Amazon’s plans to build a massive supercomputer named “Project Rainer” utilizing the…
Live Updates Tech Stocks Bounce off Session Lows 4:04pm ETEric BleekerWith markets now closed for the day, many tech stocks rebounded from session lows. NVIDIA hit a low of $131.80 but closed the day…
Live Updates NVIDIA Continues to Be Under Pressure Post-Earnings11:15am ETEric BleekerNVIDIA (Nasdaq: NVDA) stock is among the biggest losers in the S&P 500 today. It’s down 3% while other Magnificent 7 stocks are up today. Alphabet is…
Live Updates Bitcoin Nears $100,0003:32pm ETEric BleekerMajor indexes are in the green today but another big market story is the price of Bitcoin (CRYPTO: BTC). We’re tracking its price today in a live blog…
Live Updates Nasdaq Turns Positive 11:18am ETEric Bleeker As of 11:18 a.m. ET, the Nasdaq has turned solidly green for the day. NVIDIA (Nasdaq: NVDA) continues to move north ahead of earnings, its shares are now…
Live Updates Nasdaq Up .70% in Late Trading 3:28pm ETEric BleekerAs of 3:30 p.m. ET, the Nasdaq is up about .70%. Super Micro Computer remains the biggest mover in the Nasdaq-100, jumping 28% on the day.…
