Advertisement
Australia markets closed

  • ALL ORDS

    7,817.40
    -81.50 (-1.03%)
     

  • ASX 200

    7,567.30
    -74.80 (-0.98%)
     

  • AUD/USD

    0.6419
    -0.0007 (-0.10%)
     

  • OIL

    83.34
    +0.61 (+0.74%)
     

  • GOLD

    2,403.40
    +5.40 (+0.23%)
     

  • Bitcoin AUD

    99,543.05
    +538.17 (+0.54%)
     

  • CMC Crypto 200

    1,381.14
    +68.52 (+5.22%)
     

  • AUD/EUR

    0.6019
    -0.0011 (-0.19%)
     

  • AUD/NZD

    1.0899
    +0.0024 (+0.22%)
     

  • NZX 50

    11,796.21
    -39.83 (-0.34%)
     

  • NASDAQ

    17,037.65
    -356.67 (-2.05%)
     

  • FTSE

    7,895.85
    +18.80 (+0.24%)
     

  • Dow Jones

    37,986.40
    +211.02 (+0.56%)
     

  • DAX

    17,737.36
    -100.04 (-0.56%)
     

  • Hang Seng

    16,224.14
    -161.73 (-0.99%)
     

  • NIKKEI 225

    37,068.35
    -1,011.35 (-2.66%)
     

Why Nvidia, Shopify, and Palantir Stocks Slumped Wednesday Morning

Danny Vena, The Motley Fool
·4-min read
Why Nvidia, Shopify, and Palantir Stocks Slumped Wednesday Morning

In many ways, 2022 has been a year like no other, as investors and consumers alike have been looking for signs that the macroeconomic headwinds might eventually ease. October started off in rally mode, but a couple of new economic reports suggest relief is still a way off, sparking a wide-ranging sell-off on Wall Street. To be clear, there was nothing in the way of company-specific news driving these technology stocks lower today.

Continue reading