Tech Stocks Plummet, Walmart Soars

Despite Nvidias strong earnings, tech stocks, including Nvidia and AI chip manufacturers, saw a significant drop, while Walmarts stock surged due to better-than-expected quarterly results. The mixed market performance comes as new jobs data for September was released, causing confusion among investors. The semiconductor industrys widespread decline suggests a more cautious approach from investors, while Walmarts strong performance offers a positive outlook for consumer spending during the holiday season.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.