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Tuchman: One Day Does Not Dictate Markets, Extended Shutdown Can
Youtube· 2025-10-07 21:30
Welcome back to Market on Close. I'm Sam Bartis on the floor of the New York Stock Exchange and I'm pleased to say I am joined by Peter Tutman who is the senior floor broker at Trademass. Thank you so much for joining me.Peter, what did you make of the day. I mean, we can still claim that it was a record, but it just didn't end like one. >> You know what.Look, I mean, a little bit of red on the screen. You know, look, we've had maybe four days that have been the slightest bit of a shallow selloff, if you'd ...
US stocks drop as AI rally loses steam, what you should know about Medicare open enrollment
Youtube· 2025-10-07 21:20
[Music] That's closing bell on Wall Street and now it's market domination overtime. We're giving you full coverage of all the moves to get you up to speed on the action from today's trade. Yahoo Fin's Jared Blickery joining us here to break it all down.Jared, >> thank you Josh. No record highs to speak of in the major indices, at least on a closing basis. on intraday one.We did hit a couple right after the open. Here's the Dow. We opened in the green territory, drifted into the red, pretty much stayed there ...
75% of gains, 80% of profits, 90% of capex—AI’s grip on the S&P is total and Morgan Stanley’s top analyst is ‘very concerned’
Yahoo Finance· 2025-10-07 21:13
Shalett’s comments centered on several recent multibillion-dollar deals to scale up data-center infrastructure. As notable substacker and former Atlantic writer Derek Thompson recently noted in a post titled “ This is how the AI bubble will pop ,” so much money is being spent to support AI’s energy-consumption needs that it’s the equivalent of a new Apollo space mission every 10 months. (Tech companies are spending roughly $400 billion this year alone on data-center infrastructure, while the Apollo program ...
U.S. Stocks Retreat from Record Highs Amid Tech Sell-Off and Government Shutdown Concerns
Stock Market News· 2025-10-07 21:07
U.S. equities pulled back on Tuesday, October 7, 2025, as investors digested a mix of corporate news, ongoing political uncertainty, and a reappraisal of artificial intelligence (AI) sector valuations. After a robust seven-day winning streak that saw major indexes reach new all-time highs, the market experienced a broad retreat, with technology stocks leading the decline. Concerns over the protracted government shutdown and its potential impact on economic data further contributed to a cautious sentiment am ...
Trading Day: A 'melt up' time out (except gold)
Yahoo Finance· 2025-10-07 21:04
Sovereign debt markets around the world are under heavy pressure, particularly the long end of the curve, where yields have recently shot up to historic highs in many countries. And in the case of Japan, record highs.There's nothing magical about the $3 trillion figure, and it is probably well above the unknowable level where officials reckon reserves are still "ample". But it brings into focus Fed QT and the question of how low can reserves go without sparking liquidity concerns. Fed Governor Christopher W ...
Wall Street analysts explain how AMD’s own stock will pay for OpenAI’s billions in chip purchases
Yahoo Finance· 2025-10-07 21:00
After AMD and OpenAI announced an expanded partnership on Monday, the chatter immediately turned to the unusual way OpenAI would pay for its AMD purchases. It will use AMD’s own stock to do so. To recap: OpenAI has agreed to help AMD refine its line of Nvidia competitor chips, the Instinct GPUs, as well as to purchase and deploy 6 gigawatts of compute capacity from AMD over multiple years. AMD said this deal is worth billions in revenue. But OpenAI isn’t paying for this out of its own revenues. Instead ...
Wall Street analysts explain how AMD's own stock will pay for OpenAI's billions in chip purchases
TechCrunch· 2025-10-07 21:00
After AMD and OpenAI announced an expanded partnership on Monday, the chatter immediately turned to the unusual way OpenAI would pay for its AMD purchases. It will use AMD’s own stock to do so. To recap: OpenAI has agreed to help AMD refine its line of Nvidia competitor chips, the Instinct GPUs, as well as to purchase and deploy 6 gigawatts of compute capacity from AMD over multiple years. AMD said this deal is worth billions in revenue. But OpenAI isn’t paying for this out of its own revenues. Instead AM ...
Jim Cramer on Nvidia: CEO Jensen Huang has a view 20 years ahead, not two quarters ahead
Youtube· 2025-10-07 20:59
Well, Morgan, time for a little history lesson. September 30th, 2009. That is the date when Jim Kramer first recommended Nvidia on Mad Money in 2010, the year I started at this network. CEO Jensen Hang had his first interview on that show. And June 20th, 2017, that is when Jim Kramer was all in on Nvidia stock, even naming his dog Nvidia. Nvidia stock now up more than 4600% since then. So if you had invested a little more than $20,000 that day, you'd have a million dollars from just that. Now Nvidia has mea ...
Navitas Semiconductor to Report Q3 2025 Financial Results on Monday, November 3rd, 2025
Globenewswire· 2025-10-07 20:38
TORRANCE, Calif., Oct. 07, 2025 (GLOBE NEWSWIRE) -- Navitas Semiconductor (Nasdaq: NVTS) today announced that it will report third quarter 2025 financial results after the market close on Monday, November 3rd, 2025. Management will host a conference call and live webcast to present the company's financial results and answer questions from the financial analyst community at 2:00 p.m. Pacific / 5:00 p.m. Eastern that same evening. Navitas Q3 2025 Financial Results Conference Call and Webcast Information:When: ...
Tesla unveils cheaper EVs, 'little bubbles' starting to form in AI
Youtube· 2025-10-07 20:37
Hello and welcome to Market Domination. I'm Josh Lipton live from our NYC headquarters. Stocks in the red Tuesday following from the latest record setting run.AI and tech optimism still persist. Going to be digging into that a whole lot more. But right now, there was just an hour ago until the closing belt.Stocks are lower. Let's take a look at the popular averages. The Dow was down about 136 points.Your broad gauge, the S&P 500 down about 4/10en of a percent. Tech, the NASDAQ down about 6/10%. Let's welcom ...