The markets today show modest movements after gains, with retail sales down 0.9% in January, signaling consumers are spending cautiously. The S&P 500 is on track for its first weekly gain in weeks. Nvidia's acquisition of a stake in China's self-driving startup WeRide caused a 100% surge in WeRide's stock. Changes in Nvidia's portfolio have impacted other stocks like Arm Holdings. Additionally, Super Micro Computer shares jumped 10% today despite facing regulatory challenges, signaling investor support for its long-term strategy.
China's WeRide soared over 100% amid Nvidia's stake purchase, while Nvidia's changes to its portfolio affected various stocks, highlighting market volatility.
Retail sales disappointed in January, down 0.9%, indicating cautious consumer spending post-holiday season as S&P 500 aims for its first weekly gain.
Collection
[
|
...
]