The stock market tumbled last week, led by highly valued growth plays such as Palantir and Tesla. Nvidia earnings loom.
BofA analysts, in a note this month, said Nvidia's results will mark the "next important test for AI bulls," adding that the company's per-share profit "could have enough substance even if less sizzle ...
The Nifty 50 is projected to open higher, following a 91-point jump in the GIFT Nifty February 2025 futures contract.
IST, the barometer index, the S&P BSE Sensex, declined 540.49 points or 0.72% to 74,759.17. The Nifty 50 index shed 172.95 points or 0.76% to 22,622.95.
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Stocks ended last week on a down note on concerns about a weakening consumer. The economic impact of federal cutbacks will depend on how many jobs are actually cut and the spillover to contractors and ...