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Nasdaq poised for higher open as Nvidia firms after selloff

The Star LogoThe Star1w ago

Nasdaq poised for higher open as Nvidia firms after selloff - The Star

Quick Summary:

THE Nasdaq eyed a higher open on Tuesday as Nvidia and other AI-linked stocks rose after bruising selloffs, while investors awaited further cues on the monetary policy path based on remarks by Federal Reserve officials and economic data this week.

Peers Micron Technology, Broadcom and Qualcomm were up around 1% each, while AI-optimized server maker Super Micro Computer rose 2%.

AI chip firm Nvidia advanced 2.5% before the opening bell after losing nearly 13% and $430 billion in its market value in the last three trading days.


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Article Details

Category: EconomyBusiness

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-06-25 @ 21:11:00 (1 weeks ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 507 words

Reading Time: 3 minutes read

Sentences: 19 lines

Sentence Length: 27 words per sentence (average)

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

Copyright Owner: © The Star

News ID: 21385490

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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: 1 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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The story "Nasdaq poised for higher open as Nvidia firms after selloff" was covered 1 weeks ago by The Star, a news publisher based in Malaysia.

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  • URL: https://beamstart.com/news/nasdaq-poised-for-higher-open-17193216174037

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