Big Tech leads declines, Nvidia falls 4%

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#stocks #inflation #YahooFinance #recession #bitcoin #Biden #Stockmarket #coronavirus #memestocks #Fed #YahooFinance #investing #stockmarket #crypto To get the latest market news check out finance.yahoo.com Technology stocks led the overall market declines on Thursday. The S&P 500 Technology Sector (XLK) ETF slid 2.8% by mid-session. AI chip heavyweight Nvidia (NVDA) was down more than 4% along with other semiconductor stocks. Among Big Tech's software giant, Microsoft (MSFT) fell more than 5% following its quarterly results. Social media company Meta (META) fell roughly 4% after indicating it will step up spending on AI infrastructure next year. Amazon (AMZN), set to report earnings after the bell, also dropped more than 3%. For more on this article, please visit: https://finance.yahoo.com/news/live/stock-market-today-nasdaq-leads-sell-off-after-microsoft-meta-earnings-prompt-big-tech-slide-200042763.html

Published 2024-10-31 · Watch on YouTube ↗
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