Nvidia Stock Slides in Early Trade as OpenAI Chip Doubts and AI Selloff Bite

Nvidia Corp shares dropped $5.24, or 2.8%, to $180.34 in early Wednesday trading, deepening the slump for the stock at the center of the AI surge.

Australia stock market jumps as miners rally, tech gets slammed; Xero sinks

Australia stock market jumps as miners rally, tech gets slammed; Xero sinks

Australian shares ended Wednesday on a strong note, propelled by gains in miners and banks despite a sharp drop in tech stocks. The S&P/ASX 200 climbed 0.8% to 8,927. Materials surged 3.6% and energy rose 3.0%, while information technology plunged 9.4%. Yancoal Australia led the charge, jumping 9%, but Xero tumbled 15.9% and WiseTech Global dropped 10.7%.
SMCI stock steadies premarket after Super Micro lifts FY2026 sales outlook to $40 billion

SMCI stock steadies premarket after Super Micro lifts FY2026 sales outlook to $40 billion

Shares of Super Micro Computer, Inc. edged up about 0.1% to $29.67 in early Wednesday trading after the company boosted its fiscal 2026 revenue forecast to a minimum of $40.0 billion. The San Jose-based server maker posted December-quarter net sales of $12.7 billion. Gross margin, which reflects earnings after direct costs, dipped to 6.3%.
Seagate STX stock price rises again as CEO Mosley’s 20,000-share sale hits SEC filing

Seagate STX stock price rises again as CEO Mosley’s 20,000-share sale hits SEC filing

Shares of Seagate Technology Holdings plc climbed $11.25, roughly 2.6%, to settle at $444.45 on Tuesday, after fluctuating between $424.61 and $458.87 during the session. According to a U.S. Securities and Exchange Commission filing, CEO William D. Mosley sold 20,000 shares on Feb. 2 in several transactions, with prices ranging from $401.10 to $434.3067.
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US Stock Market Today Updates

AI PORTFOLIO

Top Stock Picks

Today’s highest-ranked model selections.

#1 STRONG BUY

Kodiak Gas Services

NYSE:KGS • Energy infrastructure 88/100 • ★★★★☆
#2 STRONG BUY

Neurocrine Biosciences

NASDAQ:NBIX • Healthcare 87/100 • ★★★★☆
#3 STRONG BUY

Alphabet Class A

NASDAQ:GOOGL • Communication services 85/100 • ★★★★☆
#4 BUY ON WEAKNESS

Applied Materials

NASDAQ:AMAT • Semiconductor equipment 84/100 • ★★★★☆
#5 ACCUMULATE

JPMorgan Chase

NYSE:JPM • Financials 80/100 • ★★★★☆
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Editorial model selection. Not personalised advice.