Stocks Mostly Lower as Nvidia Earnings Fail to Impress

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mixed today, with the Dow Jones Industrials posting a 1-week high.  The broader market is under pressure today as Nvidia’s earnings failed to alleviate concerns about an overheated AI economy, which is weighing on chipmakers and AI-infrastructure stocks.  Although Nvidia easily beat Q4 earnings estimates and forecast a Q1 outlook above expectations, the stock is down more than 3% as it still faces uncertainty from China and will continue to exclude data center revenue in China from its forecasts due to concerns about Chinese government approval.3 Highest Rated Dividend Kings for Generations of IncomeAs Nvidia Launches New AI Laptop Chips, Should You Buy NVDA Stock?GE Aerospace Is Linking Up with Palantir. Should You Buy GE Stock Here?Get exclusive insights with the FREE Barchart Brief newsletter. Subscribe now for quick, incisive midday market analysis you won't find anywhere else.Stocks found support on the smaller-than-expected increase in US weekly jobless claims, a sign of labor market strength.  Also, an easing of geopolitical tensions is supportive for stocks as crude prices tumbled more than -2% and stocks received a boost today after the foreign minister of Oman, who is mediating the nuclear discussions between the US and Iran, said “creative and positive ideas” were exchanged and the discussions have been positive so far and will continue later today.Crude Geopolitical risks remain a negative for stocks as nuclear talks between the US and Iran are underway in Geneva.  Tuesday evening, President Trump said Iranian officials are "again pursuing their sinister nuclear ambitions," boosting speculation that the US may be preparing a military strike on Iran in the coming days.  Last Friday, President Trump said that he’s considering a limited military strike on Iran to ramp up pressure on the country to strike a deal over its nuclear program and gave them a March 1-6 deadline for an agreement over the country’s nuclear activities and has threatened military strikes if it fails to comply.In Tuesday night's State of the Union address, President Trump doubled down on his commitment to tariffs.  President Trump’s new 10% global tariffs went into effect on Tuesday after the Supreme Court struck down his global “reciprocal” tariffs last Friday. Mr. Trump subsequently threatened to raise the global tariff rate to 15%, and an administration official said the White House is working on a formal order to implement that higher rate, but the timeline for its implementation has not been finalized.  Mr. Trump is applying the 10% baseline levy under Section 122 of the 1974 Trade Act, which allows the president to impose the charge for 150 days without congressional approval.Terms and Privacy PolicyPrivacy & Cookie SettingsMore InfoS&P 5006,878.88 -29.98 (-0.43%)Dow 3048,977.92 -521.28 (-1.05%)Nasdaq22,668.21 -210.17 (-0.92%)Russell 20002,632.36 -44.93 (-1.68%)VIX19.86 +1.23 (+6.60%)Gold5,296.40 +102.20 (+1.97%)Trending tickersBTC-USD Bitcoin USD 64,946.04 -2,517.46 (-3.73%)NFLX Netflix, Inc. 96.24 +11.63 (+13.75%)ANTH.PVT Anthropic 259.14 0.00 (0.00%)NBIS Nebius Group N.V. 91.19 -13.69 (-13.05%)WFC Wells Fargo & Company 81.45 -4.85 (-5.62%)PortfolioSign in to access your portfolioSign inTop gainersAAOI Applied Optoelectronics, Inc. 84.23 +30.54 (+56.88%)BWIN The Baldwin Insurance Group, Inc. 23.23 +4.74 (+25.64%)FIGS FIGS, Inc. 15.45 +2.98 (+23.90%)DELL Dell Technologies Inc. 148.08 +26.63 (+21.93%)PSKY Paramount Skydance Corporation 13.51 +2.33 (+20.84%)Top losersRUN Sunrun Inc. 13.25 -7.17 (-35.11%)FIGR Figure Technology Solutions, Inc. 25.28 -8.76 (-25.73%)CRWV CoreWeave, Inc. 79.56 -18.07 (-18.51%)ACA Arcosa, Inc. 107.48 -20.02 (-15.70%)TPC Tutor Perini Corporation 75.37 -14.01 (-15.67%)Most activeNVDA NVIDIA Corporation 177.19 -7.70 (-4.16%)NFLX Netflix, Inc. 96.24 +11.63 (+13.75%)SOFI SoFi Technologies, Inc. 17.76 -1.34 (-7.02%)PLUG Plug Power Inc. 1.7900 -0.1200 (-6.28%)NU Nu Holdings Ltd. 14.98 -0.08 (-0.53%)Top economic eventsEarnings eventsMy earnings eventsEarnings events