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Major U.S. indices ended the session lower, with the Dow Jones Industrial Average falling 2.19% to 51,594.14, the S&P 500 declining 1.52% to 7,316.15 and the Nasdaq shedding 1.74% to 24,442.94 The Federal Reserve kept its benchmark interest rate unchanged at 3.50%—3.75% for a fifth consecutive meeting, although three p
Billionaire investor Mark Cuban on Tuesday compared Nvidia Corp. ‘s (NASDAQ: NVDA ) role in the artificial intelligence boom to the IPO frenzy of the dot-com era, warning that a single breakthrough by a rival chipmaker or a misstep “could crumble” the market. Nvidia Has Become AI’s ‘IPO’ In a post on X, Cuban said Nvid