On today's episode of Asking for a Trend, host Josh Lipton delves into recession concerns, market takeaways, box office slowdowns, and more. Yahoo Finance's Julie Hyman provides insight into the yield market and what it may signal for potential recession risks. Yahoo Finance's Josh Schafer breaks down the top three market takeaways from Tuesday's trading session, including Nvidia's (NVDA) record-breaking close. Macquarie Senior Analyst Chad Beynon also joins the show to discuss the slowdown in the US box office and its implications for movie theaters. This post was written by Angel Smith
Shares of Nvidia (NVDA) are trading higher on Tuesday following an announcement from Elon Musk regarding his AI startup, xAI, revealing that the company is in the process of building a supercomputer to be powered by Nvidia's chip technology. The supercomputer will boost operations at the startup. Yahoo Finance's Julie Hyman and Josh Lipton break down the details. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Angel Smith
Elon Musk’s xAI says it raised $6 billion in its latest funding round. Plenty of that cash should flow to Nvidia.