Nvidia and Broadcom claw back some losses from Monday’s deep selloff in artificial-intelligence stocks, while General Motors posts better-than-expected adjusted earnings.
Nvidia and Broadcom claw back some losses from Monday’s deep selloff in artificial-intelligence stocks, while Boeing, General Motors, and Lockheed Martin are scheduled to report quarterly earnings Tuesday.
Nvidia, S&P 500, and Nasdaq erase earlier gains as AI fears persist. Investors brace for earnings and Fed signals amid volatile market conditions.
Shares of Nvidia, Broadcom, and ASML slump as China’s DeepSeek threatens the companies’ dominance in artificial intelligence, while AI energy and infrastructure stocks such as Vistra and GE Vernova tumble.
General Motors is up 4.9% since the beginning of the year, but at $53.90 per share, it is still trading 10.5% below its 52-week high of $60.20 from November 2024.
PALO ALTO, Calif., Jan. 28, 2025 (GLOBE NEWSWIRE) -- Broadcom Inc. (NASDAQ:AVGO) today announced an industry-first — the new, innovative Emulex Secure Fibre Channel Host Bus Adapters (HBA) — a cost-effective, easy-to-manage solution that encrypts all data as it moves between servers and storage.
GM expects earnings per share of about $11.50 in 2025, up from $10.60 in 2024 and better than the $10.80 Wall Street currently projects.
GM announced a record-setting profit-sharing bonus for workers. GM's CEO says there’s some uncertainty over the trade, tax, and environmental regulations involving the Trump administration. DETROIT (FOX 2) - 2024 was a big year for General Motors (GM), which the automaker announced may lead to an increase in money for its union workers.
The Interactive Advertising Bureau has named GM Global Chief Media Officer Shenan Reed as the new Chair of its Board of Directors.
RBC Capital raised the firm’s price target on General Motors (GM) to $67 from $65 and keeps an Outperform rating on the shares as part of a
US markets stabilised Tuesday following a wipeout a day earlier when DeepSeek startled markets with its capacity to compete with American tech giants.
European shares climbed to a record high on Tuesday with retail and utilities stocks leading the broader gains, as selling pressures ebbed a day after