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...SoundHound AI, a Silicon Valley-based artificial intelligence group, rose 69 per cent after the same Nvidia filing highlighted a holding in it....
...US stocks retreated from their recent record highs on Monday as government bond yields rose....
...Nicholas MegawSo there are a couple of things going on....
...The yield on the benchmark 10-year Treasury rose 0.04 per cent to 4.30 per cent, while the two-year yield advanced 0.05 percentage points to 4.74 per cent. Higher yields reflect lower prices....
...Revenue rose 24 per cent year on year to $471mn, compared with a consensus forecast of about $457mn....
...Additional reporting by Nicholas Megaw and Patrick Temple-West in New York...
...However, as pandemic restrictions lifted and interest rates rose, tech stocks slid — prompting Reddit to pause its IPO plans after filing confidentially to float at the end of 2021....
...The Throne of Glass series was followed by a second, beginning with A Court of Thorns and Roses, a book she had begun writing while a jobless recent graduate about a huntress who lives in a snowy wood, looking...
...Nvidia shares rose 4 per cent on Friday, giving it a valuation of about $2.05tn. Its share price has now climbed 66 per cent since the start of 2024, or about $830bn in dollar terms....
...Net income rose 770 per cent to $12.3bn compared with the same period in the previous year. The figure exceeded analysts’ expectations of $10.4bn....
...Facebook’s parent company rose 1.9 per cent to $383.45, topping a former record set in September 2021. Microsoft rose 1.2 per cent on Friday....
...The Nasdaq Composite rose 1.6 per cent. The yield on the two-year Treasury note, which is particularly sensitive to interest rate expectations, added 0.06 percentage points to 4.42 per cent....
...The basket of blue-chip US stocks rose as high as 5,000.4 on Thursday, seconds before closing the session up 0.1 per cent at a record 4.997.91....
...The basket of blue-chip US stocks rose as high as 5,000.4 on Thursday, seconds before closing the session 0.1 per cent higher at a record 4.997.91....
...The core personal consumption expenditure index rose 2.9 per cent year on year, down from a 3.2 per cent pace in November and lower than consensus forecasts....
...The S&P 500 rose as much as 0.6 per cent in early trading, but gave up most of the gains and was up just 0.1 per cent by mid-afternoon....
...The S&P 500 index rose 1.2 per cent to close at 4,839.81, overtaking a previous record set on January 3 2022. Its intraday value also reached a fresh high of 4,842.07 during the trading session....
...The yield rose again on Monday to 4.48 per cent, its highest level in a month. More swings like that may be in store if the market is forced to adjust to the Fed’s view....
...The index rose as high as 4,842.07 on Friday. The S&P 500 had been within touching distance of the records for a month, after a strong rally at the end of 2023. Read more here...
...The Nasdaq Composite rose 0.4 per cent....
...But recent data has provided a reminder that inflationary pressures remain — prices rose faster than expectations in December....
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