PIMCO Portfolio Manager Erin Browne joins Yahoo Finance Live to discuss the U.S. stock market, volatility, the Fed hiking interest rates, and secular trends.
Hewlett Packard's (HPE) GreenLake has been selected by J. J. Keller to provide hybrid cloud services and accelerate its digital transformation process in Canada, Mexico and the United States.
After initially trading up on generalized enthusiasm or tech stocks (in the wake of yesterday's Microsoft-Activision Blizzard merger announcement), shares of semiconductor giant Nvidia (NASDAQ: NVDA) took a turn for the worse Wednesday, and are now down 2.6% as of 11:30 a.m. ET. At its current valuation of 93 times trailing earnings, Nvidia is one very pricy stock. The average valuation of stocks on the S&P 500, for example, is just 26 times earnings, meaning Nvidia shares cost more than three times the average.