Reported about 10 hours ago
The tech-focused Nasdaq saw a slight upward movement on Thursday, but Nvidia's stock dipped due to concerns over its future sales in China, tied to Sino-U.S. trade tensions. Despite securing licenses to sell chips in China, Nvidia's forecasts excluded potential China revenue, leading to a 1.3% fall in shares. Meanwhile, broader market indicators showed hope for a Federal Reserve interest rate cut, even as other tech stocks like Meta and Microsoft experienced minor gains.
Source: YAHOO