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Asian shares track Wall Street futures lower as Nvidia disappoints

The Star LogoThe Star4d ago

Asian shares track Wall Street futures lower as Nvidia disappoints - The Star

Quick Summary:

SYDNEY: Asian shares followed Wall Street futures lower on Thursday as Nvidia's results disappointed some bullish investors, while the dollar steadied and the Treasury yield curve came within a whisker of turning positive.

Treasury yields were also quiet, although the inverted curve between two- and 10-years came within a whisker of turning positive.

However, at the very least, the post earnings reaction does suggest it's an excellent time to consider diversifying from Nvidia into other chipmakers".


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Article Details

Category: EconomyBusiness

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-29 @ 14:17:00 (4 days ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 691 words

Reading Time: 4 minutes read

Sentences: 28 lines

Sentence Length: 25 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Star

News ID: 22293346

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About The Star

The Star Logo

Main Topics: EconomyBusiness

Official Website: thestar.com.my

Update Frequency: 45 posts per day

Year Established: 1971

Headquarters: Malaysia

News Last Updated: 7 hours ago

Coverage Areas: Malaysia

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #22

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