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Heard on the Street Recap: Peace Signs
The Wall Street Journal92d agoneutral
Heard on the Street Recap: Peace Signs

Nvidia closed 1.8% lower. The chip giant reported record sales and income that beat analyst expectations, driven by demand for data-center computing and the rise of AI agents. Nvidia’s stock is up 67% over the past 12 months, making it the largest publicly listed company in the world, with a market value of nearly $5.4 trillion.

Spaceships, Quantum Chips Woo Investors Away From Consumer Concerns
The Wall Street Journal92d agoneutral
Spaceships, Quantum Chips Woo Investors Away From Consumer Concerns

Spaceships and quantum chips are becoming the latest objects of investors’ fascination—and the latest opportunity to exist in a world away from warning signs about U.S. consumers and fickle peace talks between the U.S. and Iran. Taken together, there is a sharpening contrast in markets between the wartime inflation surge and the promise of AI, aerospace, and emerging tech—which benefited Thursday from Nvidia strong earnings, federal investment in quantum computing and SpaceX’s leap toward the biggest IPO in history. “It’s really a dichotomy when you look at the consumer,” said Ken Mahoney, chief executive of Mahoney Asset Management.

Dow Jumps 300 Points and Heads for Record
Barrons.com92d agobullish
Dow Jumps 300 Points and Heads for Record

Stocks rebounded as oil prices slid in the afternoon, a reflection of how the Middle East is dominating trader sentiment. Dow was up 299 points, or 0.6%, and on pace for its first closing high since February. Brent crude price is now down 0.5% as opposed to a gain of near 4% seen earlier in the day.