Dow Dips as Nvidia Recovers; Tesla Gains on Analyst Support

1 min read
Source: Investor's Business Daily
Dow Dips as Nvidia Recovers; Tesla Gains on Analyst Support
Photo: Investor's Business Daily
TL;DR Summary

The stock market saw little movement with the Dow Jones and S&P 500 flat, while the Nasdaq gained 0.2%. Alphabet's stock surged following the announcement of its new Quantum AI chip, Willow, marking a significant technological achievement. Nvidia's shares fell below the 50-day moving average amid a Chinese regulatory probe but later rebounded. Tesla's stock rose 3.5% after an analyst upgrade. Oracle and C3.ai experienced declines post-earnings, while MongoDB reversed gains after its quarterly report.

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