New York – Drops for Nvidia and other tech stocks are weighing on Wall Street Monday and keeping it in its weekslong rut. The S&P 500 was down 0.6% in midday trading, coming off its fourth losing week in the last five. The weakness for Big Tech stocks dragged the Nasdaq composite to a loss of 1.3% as of 11:35 a.m.
Read next
OpenAI outlines proposals to bolster national security, drive economic growth
January 13, 2025
OpenAI laid out a series of new artificial intelligence (AI) policy proposals Monday, encouraging U.S.…
How the new AI chip rule from the US will work
January 13, 2025
The rule regulates the flow of American AI chips and technology needed for the most sophisticated AI applications. Via
4 ways the government’s AI plan will affect public services
January 13, 2025
Sir Keir Starmer has thrown the full weight of Whitehall behind a new plan to make Britain an “AI…
Wall Street sinks as Nvidia and other recent winners lose more steam
January 13, 2025
New York – Drops for Nvidia and other tech stocks are weighing on Wall Street Monday and keeping it in its…