Dow jumps 500 points to record as Oracle sparks rush out of AI trade into broader group: Live updates

Dow jumps 500 points to record as Oracle sparks rush out of AI trade into broader group: Live updates

Traders work on the floor at the New York Stock Exchange on June 18, 2025. Brendan McDermid | Reuters The Dow Jones Industrial Average reached new heights on Thursday as a Federal Reserve interest rate cut followed by disappointing Oracle results prompted investors to move out of high-flying tech stocks and into names that can … Read more

Nvidia has a cash problem — too much of it

Nvidia has a cash problem — too much of it

When Nvidia this week said it would take a $2 billion stake in chip design company Synopsys, it was just the latest in a string of massive investments announced by the chipmaker this year. Nvidia has also said it would take a $1 billion stake in Nokia, invest $5 billion in Intel and $10 billion … Read more