News

A Chinese antitrust probe into Nvidia and looming consumer inflation data are in focus to start the week.

Advanced Micro Devices shares lost ground Monday after Bank of America downgraded the stock and lowered its price target, citing downside risks from higher competition.

State Street expects economic growth will accelerate next year following rare soft landing.

US benchmark equity indexes fell Monday as markets assessed an inflation survey and awaited official

Oracle reported fiscal second-quarter revenue that missed analysts' expectations, sending shares lower in extended trading Monday.

(Reuters) -Wall Street's main indexes closed lower on Monday, driven by a drop in AI leader Nvidia that weighed on tech stocks, as investors looked ahead to a crucial inflation report set for later this week. Nvidia fell 2.5% after China's market regulator launched an investigation into the chipmaker over suspected violation of antimonopoly law, dragging the information technology sector down 0.45%. Advanced Micro Devices slipped 5.7% after BofA Global Research downgraded its rating on the stock, weighing on the Philadelphia Semiconductor Index, which slipped 0.87%.

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