NASDAQ

S&P 500 Hits All-Time High as AI Stocks Rally and Oil Prices Drop

The S&P 500 reached an all-time high Tuesday as investors returned to major technology stocks, new AI spending plans lifted market sentiment, and an early drop in oil prices eased concerns about inflation. The benchmark index rose 0.58% to...

Elon Musk Becomes World’s First Trillionaire After SpaceX IPO

Elon Musk became the world's first trillionaire on Friday after SpaceX closed the biggest stock market debut in history. Bloomberg put his net worth at $1.11 trillion at the end of trading. SpaceX began trading on the Nasdaq at $150...

Nvidia Shares Fall Short and Fail to Impress Investors

Nvidia shares have fallen after investors were not impressed by signs of stagnation in growth and production issues for the chip manufacturer. However, the company posted a 122 percent increase in Q2 revenues compared to the same quarter last...

Tesla Stocks Plummet After Poor Q2 Performance

Tesla stocks plummeted more than 11 percent on Wednesday, July 24th. This comes after the electric vehicle (EV) manufacturer reported that this year's vehicle volume growth would be "notably lower" than in 2023. This might seem like an alarming sign...

Gold and Bitcoin Peaks: Are We Heading to Another Dot-Com Bubble?

The stock markets have been on the rise recently, with major indexes like the S&P 500 and Nasdaq hitting record highs. At the same time, speculative assets like bitcoin and gold have also surged to new peaks. While many investors...

Price of Bitcoin Drops to Nearly Two-Year Low

The price of bitcoin has fallen significantly this month with the value of the cryptocurrency reaching a 22-month low on Monday. Bitcoin's price has now dropped to $32,338.60 (30,627.89 euros) as of Monday evening, a slump which amounts to the...

EU Commission, German Firm to Provide 225 Million Doses of Coronavirus Vaccine

  In the second major announcement on Thursday regarding the availability of a coronavirus vaccine in Europe, the European Commission and the German firm CureVac stated that they were in the process of creating an agreement to deliver at least...