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Yahoo Finance 8 hours ago Nvidia stock sinks over 8%, market cap dips below $3T as earnings are no match for sky-high expectations. Nvidia stock sank 8.5% Thursday as investor enthusiasm over Blackwell AI sales was dampened by Nvidia's lower-than-expected guidance for first quarter gross margins.
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U.S. stocks capped a choppy session higher Wednesday as investors pondered the outlook for interest rates after economic data showed strong consumer spending and an uptick in inflation across January.
Bond yields rose with the 10-year Treasury note ticking up about 6 basis points to trade near 4.48%. Retailers outperformed the broader market as Black Friday kicks off the holiday shopping season.