Nasdaq 100 top and bottom performers around 11:01 a.m. EDT on Sept 29
Lumentum Holdings, ARM Holdings and Nebius Group led; Palo Alto Networks, Walmart and Ferrovial lagged. Nasdaq 100 rose 0.30% to 30,367.82 with 37 stocks higher and 64 lower.
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Nvidia posts Q2 beat, lifts Q3 revenue outlook and FY28 growth; $40 trillion debt risk
Nvidia reported Q2 earnings of $2.22 a share versus $2.09 expected, with revenue of $96.2 billion versus $92.18 billion expected. It sees Q3 revenue of $108 billion, plus or minus 2%, and guided FY28 revenue growth to about 70%.
Nebius falls as inflation fears and higher yields hit growth stocks
Nebius Group NV (NASDAQ: NBIS) shares trade lower as investors rotate away from AI cloud names amid inflation worries, rising bond yields and broader energy-market तनाव cited in the feed.
US Posts In-Line CPI Data
US CPI comes in at 0.1% vs 0.1% consensus, with core CPI at 0.2% vs 0.2% consensus
NBIS highs +8%
NBIS highs +8%