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  5. CNBC Daily Open: Everyone's waiting for Nvidia

CNBC Daily Open: Everyone's waiting for Nvidia

Written by Emily J. Thompson, Senior Investment Analyst
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LLY.N-1.85%
Source: CNBC
Updated: Aug 28 2024
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AI Stock Picker
AI Stock Picker
Source: CNBC
  • Market Performance: The Dow Jones Industrial Average reached a record close, rising 0.02%, while Nvidia's stock is under scrutiny ahead of its earnings report, which could significantly impact the broader market due to its recent volatility and importance in the tech sector.

  • Sector Insights: Asia-Pacific markets mostly declined, cryptocurrencies faced sharp drops, and Nordstrom shares surged after exceeding earnings expectations, although the retailer provided cautious future guidance amidst a mixed outlook for the tech industry.

About the author

Emily J. Thompson
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Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.

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