Market Suffers Another Black Eye As Sellers Torch Magnificent Seven, Chips; These Two Sectors Shine

Market Suffers Another Black Eye As Sellers Torch Magnificent Seven, Chips; These Two Sectors Shine

Gold mining plays don't want to seem to take their turn in the sell-off. The post Market Suffers Another Black Eye As Sellers Torch Magnificent Seven, Chips; These Two Sectors Shine appeared first on Investor's Business Daily.

Live: Nvidia shares deepened their losses after comments from the head of the Federal Reserve...

Shares skid as Nvidia hurt by US chip sale curbs, gold hits record

BOSTON/LONDON, April 16 — Global shares fell today, with gold trading at record highs and the dollar languishing, as United States restrictions on chip sales to China and continued tariff uncertainty battered tech stocks. Washington issued new export licensing requirements for sales of Nvidia’s H20 and AMD’s MI308 artificial intelligence chips to China. Nvidia said the move would cost it US$5.5 billion (RM24.25 billion), and its shares slumped 5…

Worried About the Death Cross in Magnificent 7 ETF (MAGS)?

Many analysts are still out there touting the great opportunity in the MAG 7 (Magnificent 7) stocks. Today we examine this using the Magnificent 7 ETF (BATS: MAGS). For context, here are the top Holdings as of 04/14/2025 While there is some green as of today, the overall ETF is down close to 1% as of Tuesday’s close. Nvidia (NASDAQ: NVDA) closed green with news of the company investing $500 billion in the USA. It will take 4 years to build out t…

China signals a willingness to negotiate in the tariff dispute, prompting the DAX to curb its losses. In the US, Nvidia shares are slipping, as the new export restrictions weigh on the chip manufacturer. Meanwhile, the price of gold is climbing to another record high.

Despite the current crash of the Nvidia share, most analysts have not lowered the share price target today. An overview. The post Nvidia share crashes – analysts remain optimistically appeared first on financial marketwelt.de.