Broadcom Stock Rises on Buyback Plan. Why Other Companies Could Follow
Apple, Nvidia, Tesla, Super Micro, Marvell, Broadcom, Humana: Biggest Movers
Tariff crushes hopes for a rebound in US stocks, the Dow plunged over 2,000 points during the session, the S&P erased more than 4% of its gains and turned negative, and Apple fell 11% from its daily high at one point.
NVIDIA, which rose over 8% in the early session, closed down more than 1%. Tesla, which rose over 7% in the early session, closed down nearly 5%. The China concept Index has closed down more than 5% for two consecutive days. The yield on the two-year U.S. Treasury bond dropped nearly 20 basis points during the session. The Swiss franc surged nearly 2% in the session. Bitcoin dropped over $5,000, falling below the 0.078 million mark during the session. Crude Oil Product once fell more than 4%. Copper rose over 4% during the session but later fell more than 2%.
Cathie Wood Buys the Dip in Nvidia (NVDA) and Amazon (AMZN) Stocks
U.S. stocks closed with an early rise followed by a drop, with the Nasdaq down over 2%. Apple and Tesla both fell nearly 5%.
① Nasdaq China Golden Dragon Index fell more than 5%; ② PHLX Semiconductor Index fell 3.57%; ③ Trump's administration promotes Coal project mining; ④ Canada's reciprocal tariffs on USA Autos will take effect.
Bottom fishing in a declining market? Amid the historical crash of U.S. technology stocks, leveraged funds that multiply investments by three have set a record for single-day inflow.
① Investors are betting on the rebound of American Technology Stocks, with 1.5 billion USD invested in the ProShares UltraPro QQQ Fund, setting a record for the largest single-day inflow into the fund; ② Despite being affected by Trump's tariff policies, the NASDAQ 100 Index has cumulatively fallen over 19% this year, and TQQQ has dropped over 50%, but traders have continuously increased their Shareholding in this ETF, with total inflow surpassing 3 billion USD this year.
