Market News

Market

Nvidia's Pre-Market Plunge: A $5.5 Billion Export Hit Sparks 7% Drop

Nvidia's stock drops over 7% premarket after estimating a $5.5 billion loss due to new U.S. tariff restrictions on chip exports to China, highlighting the significant impact of tra...

Market

Asian Markets Dip Amidst US-China Trade Tensions Despite Strong Chinese Economic Data

Asian stock markets declined as trade tensions between the US and China overshadowed strong economic data from China, including a 5.4% GDP growth and increases in retail sales and ...

Market

European Markets Dip Ahead of ECB Decision: Inflation Data and Rate Cuts in Focus

European markets opened lower as investors anticipate the ECB's rate decision and digest inflation data, with the UK reporting a drop to 2.6% in March. Key indices and currencies s...

Market

ASML Shares Plunge 7% Amid Weak Orders and Rising US Tariff Concerns

ASML's shares fell 7% after reporting weaker than expected net bookings and expressing concerns over the impact of new US tariffs on demand for its chipmaking machines. The stock's...

Market

Gold Prices Soar to Unprecedented $3,300 Amid Escalating US-China Trade Tensions

Gold prices hit a record high of $3,300 as US-China trade tensions escalate, with Nvidia facing $5.5 billion in charges and China halting Boeing deliveries. Safe-haven assets are i...

Market

Nvidia Shares Plunge 7% Following $5.5 Billion Export Loss Warning Amid US-China Trade Tensions

Nvidia's shares fell over 7% after the company warned of a $5.5 billion loss due to new US export restrictions on high-end chips to China, highlighting the impact of trade tensions...

Market

Asian Markets Dip Amid Trade Tensions Despite China's Strong Economic Data

Asian markets declined as trade tensions between the U.S. and China overshadowed strong economic data from China, including GDP growth and retail sales increases. Major indices acr...

Market

European Markets Dip as ECB Rate Decision and Inflation Data Take Center Stage

European markets opened lower as investors awaited the ECB's rate decision and digested inflation data. The UK reported a decrease in annual inflation to 2.6% in March, below expec...