| Tuesday's Markets | |
|---|---|
| S&P 500 6,891 (+0.23%) |
|
| Nasdaq 23,827 (+0.80%) |
|
| Dow 47,706 (+0.34%) |
|
| Bitcoin 113,659 (-1.04%) |
|
Invest better with The Motley Fool. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services.
Wake up to the latest market news, company insights, and a bit of Foolish fun -- all wrapped up in one quick, easy-to-read email, called Breakfast News. Delivered at 7:30 a.m. ET every single market day. See an example of our weekday Breakfast News email & sign-up below.
Nvidia (NASDAQ:NVDA) climbed above $205 in overnight trading, setting a new all-time high and pushing its market value close to $5 trillion after CEO Jensen Huang revealed a range of new partnerships in his keynote at the company's GPU Technology Conference.
Hidden Gems recommendation Visa (NYSE:V) was little changed after reporting a 10% fourth-quarter earnings rise as revenue grew 12% on the back of strong consumer spending. The company stressed technology and global trading as key areas as it grows its investment in digital services.
Today's "Magnificent Seven" updates from Microsoft (NASDAQ:MSFT), Alphabet (NASDAQ:GOOG), and Meta (NASDAQ:META) look set to dominate the headlines. CVS Health (NYSE:CVS), recently back from the Stock Advisor penalty box, posted record quarterly revenue this morning as Q3 hit $102.9 billion for a 7.8% rise year over year. The stock fell around 3% in pre-market trading despite the company raising full-year EPS guidance from $6.30 to $6.40 up to $6.55 to $6.65.
The Federal Reserve is expected to cut interest rates again this afternoon as it concludes its latest two-day meeting. Fed officials are in many ways flying blind, as the government shutdown means a halt to jobs data. We did at least see September's core Consumer Price Index inflation cooling to 3% year over year, better than feared.
If you were the CEO of Microsoft for a day and you could eliminate one competitor, who would you eliminate and why? Debate with friends and family, or become a member to hear what your fellow Fools are saying!
