Nvidia’s data center sales are likely to eclipse gaming – that might not be a good thing

Nvidia Corp.’s data-center sales are expected to edge out its gaming sales in fiscal first-quarter results, as demand from server farms remains high and gaming interest has subsided from rabid levels earlier in the COVID-19 pandemic. Nvidia NVDA, -2.51% is scheduled to report financial results after the closing bell on Wednesday. Analysts surveyed by FactSet … Read more

Warren Buffett Spends Big as Stock Market Sells Off – The Wall Street Journal

Warren Buffett Spends Big as Stock Market Sells OffThe Wall Street Journal Warren Buffett, Michael Burry, Ray Dalio: Q1 stock portfolio changesMarkets Insider Warren Buffett Just Increased His Stake in These Two CompaniesThe Motley Fool Warren Buffett, Michael Burry, and other elite investors just revealed major changes to their stock portfolios. Here are 5 key … Read more

3 Off-Price Retailers That Look Like Bargains In The Stock Market’s Wreckage

TJ Maxx’s parent TJX reported earnings that were above Wall Street expectations. Cindy Ord / Getty Images Text size Two of the three major off-price retailers posted quarterly earnings this week, with dramatically different results. That leaves Burlington Stores , which reports May 26. There are three key factors that could determine how Burlington’s stock … Read more

Why the Baby-Formula Market Is a Mess: Low Competition, High Regulation

US officials acted this week to ease a nationwide shortage of baby formula. But none of the moves will create immediate relief for parents scrambling to find stocked shelves. And none fully address the underlying flaws of the more than $ 4 billion US formula industry, in which business and government depend on one another … Read more

3 Off-Price Retailers That Look Like Bargains In The Stock Market’s Wreckage

TJ Maxx’s parent TJX reported earnings that were above Wall Street expectations. Cindy Ord / Getty Images Text size Two of the three major off-price retailers posted quarterly earnings this week, with dramatically different results. That leaves Burlington Stores , which reports May 26. There are three key factors that could determine how Burlington’s stock … Read more

S&P 500 Pares Losses After Hitting Bear-Market Territory

A weekslong stock selloff took on new intensity Friday, nearly ending the bull market that began after the start of the pandemic. Stocks rose at the open, then reversed course, falling throughout most of the turbulent session. At one point, the S&P 500 slid so far it was on track to close at least 20% … Read more

S&P 500 Drops Into Bear-Market Territory; Stock Market Selloff Continues

A weekslong selloff took on new intensity Friday, sending the S&P 500 tumbling into bear market territory for the first time since the pandemic-driven selloff of 2020. Stocks rose at the open, then reversed course, falling throughout the session. The S&P 500 slumped 1.8%, on track to close at least 20% below its January peak. … Read more

S&P 500 Drops Into Bear-Market Territory; Stock Market Selloff Continues

A weekslong selloff took on new intensity Friday, sending the S&P 500 tumbling into bear market territory for the first time since the pandemic-driven selloff of 2020. The S&P 500 slumped 1.8%, on track to close at least 20% below its January peak. The Dow Jones Industrial Average shed about 451 points, or 1.5%, to … Read more

US Stock Market Turns Negative, Extending Recent Losses

US stocks slipped Friday, extending recent losses that have major indexes on track for their longest streak of weekly declines in more than two decades. The Dow Jones Industrial Average declined 338 points, or 1.1%, while the Nasdaq Composite lost 1.3%. The S&P 500 fell 0.8% after narrowly avoiding entering a bear market, or a … Read more

Will the stock market drop 20% or 48% from the peak? Here’s the key factor, says this strategist.

Is the economy under control or is it spiraling out of control? That’s the million-dollar question traders continue arguing over, ”sums up CrackedMarket blogger Jani Ziedins. Clearly, the latter argument prevailed – again – after Wall Street’s worst day in two years, and futures hinting of more pain for Thursday. Among the gloomsters, Guggenheim’s Scott … Read more