US stock market ends lower as Israel-Iran conflict escalates; Dow Jones, Nasdaq cracks over 1%; defence stocks rally | Stock Market News

US stock market ends lower as Israel-Iran conflict escalates; Dow Jones, Nasdaq cracks over 1%; defence stocks rally | Stock Market News

Source: Live Mint US stock market ended sharply lower on Friday, led by losses in financials and information technology stocks, after conflict in the Middle East escalated as Iran launched counterstrikes at Israel. The Dow Jones Industrial Average dropped 1.79% to 42,197.79, while the S&P 500 declined 1.13% to end at 5,976.97. The Nasdaq closed…

Read More
AMD’s Helios Server launch signals bold challenge to Nvidia’s AI supremacy, backed by OpenAI and Crusoe | Mint

AMD’s Helios Server launch signals bold challenge to Nvidia’s AI supremacy, backed by OpenAI and Crusoe | Mint

Source: Live Mint Advanced Micro Devices (AMD) has revealed its next major push into artificial intelligence hardware, unveiling a new AI server platform calledHelios, designed to challenge Nvidia’s dominance in the sector. Speaking at the company’s “Advancing AI” developer conference, CEO Lisa Su outlined AMD’s roadmap through 2026, including the launch of the MI350 and…

Read More
Samsung, Nvidia are investing  million combined in THIS robotics startup. Here’s why | Mint

Samsung, Nvidia are investing $35 million combined in THIS robotics startup. Here’s why | Mint

Source: Live Mint Robotics software startup Skild AI Incorporated has drawn investments from MNC Samsung Electronics and chips major Nvidia Corporation, totalling $35 million, as both companies seek a footing in the emerging consumer robotics industry, Bloomberg reported, citing sources. Both Samsung and Nvidia will pick up minority stakes in Skild AI with $10 million…

Read More
Wall Street today: US stocks drift ahead of Nvidia earnings, Federal Reserve minutes | Stock Market News

Wall Street today: US stocks drift ahead of Nvidia earnings, Federal Reserve minutes | Stock Market News

Source: Live Mint US stock indices were drifting on Wednesday ahead of earnings from the Artificial Intelligence-chip developer Nvidia and the minutes from the Federal Reserve’s last monetary policy meeting. At 10:29 AM EDT, the Dow Jones Industrial Average fell 37.75 points, the S&P 500 lost 7.86 points, and the Nasdaq Composite dropped 29.80 points. At…

Read More