AI Stocks Drag Down Markets, Nvidia Falls

Wall Street sees a downturn, influenced by AI stocks, following a rally. Nvidia shares drop after SoftBank sells its stake, impacting market sentiment. Despite tech sector dip, four out of five S&P five hundred companies beat earnings expectations. Paramount Skydance, despite missing targets, sees a four point two percent rise in after-hours trading due to cost-cutting goals. DNN | The Daily News Now! The world’s first global local news network. Every city. Every story. AI powered. Hosted on Acast. See acast.com/privacy for more information.