News

Nvidia earnings surge as Dow drops 245 points

Nvidia’s strong Q1 earnings boost shares, while Dow drops over 200 points amid light trade-war news and rising yields.

Published

9 months ago

May 29, 2025

Ahron Young

Nvidia’s strong Q1 earnings boost shares, while Dow drops over 200 points amid light trade-war news and rising yields.

In Short:
Nvidia’s first-quarter earnings surpassed expectations with a 69% revenue increase, leading to a slight rise in its shares as traders anticipate stock fluctuations. Meanwhile, U.S. stocks fell, influenced by rising bond yields and ongoing trade negotiations between Canada and the U.S.

Nvidia has reported its first-quarter earnings, which exceeded expectations with a 69% revenue increase compared to last year. As a result, Nvidia’s shares saw a modest rise.

The company’s performance is closely monitored on Wall Street as it provides insight into the artificial intelligence sector. Traders are anticipating significant fluctuations in Nvidia’s stock following this earnings report.

Jason Pride from Glenmede noted that Nvidia’s results could symbolise broader trends in the technology industry.

Strong performance

Meanwhile, U.S. stocks experienced a decline on Wednesday, following a strong performance the previous day. Treasury yields rose, and Japan’s bond market faced volatility after a weak auction, impacting global bond markets.

There was little news about the ongoing trade discussions. Canadian Prime Minister Mark Carney stated that his country is engaged in intensive negotiations with the U.S. regarding a new economic and security deal, indicating a desire to avoid prolonged discussions.

The Dow Jones Industrial Average dropped 0.6%, losing 245 points, while the S&P 500 and Nasdaq Composite both declined by approximately 0.5%. On the prior day, all three major indexes had gained over 1.8%.

Bond yields also rose, with the 10-year yield reaching 4.479%, up from 4.432% the day before. The WSJ Dollar Index saw an increase following its rise on Tuesday.

International stock markets had mixed results, with most Asian indexes falling, except in South Korea, where chip stocks aided a rise in the Kospi. European stocks showed a downward trend as well.

News

Iran live updates: Trump claims Khamenei dead as Iran insists he remains in command

Published

13 hours ago

March 2, 2026

Ahron Young

What’s happening in the Middle East?

President Donald Trump says Iran’s Supreme Leader Ayatollah Ali Khamenei has been killed
Iran is entering a transitional period, with a three man leadership council temporarily taking control
The U.S. military confirms three American service members were killed in the joint Israeli U.S. operation
The White House says U.S. forces have destroyed and sunk nine Iranian naval ships
Israel and the United States continue strikes on Iranian targets, with Tehran launching missile and drone retaliation across Israel and Gulf states
Shipping, aviation and oil markets have been disrupted, with civilians fleeing major cities amid escalating tensions

News

Israel strikes Tehran anew as conflict escalates and global markets react

Israel strikes Tehran after Khamenei’s death; U.S. warns of prolonged conflict as tensions escalate in the Middle East.

Published

13 hours ago

March 2, 2026

Harvey Vargas

Israel strikes Tehran after Khamenei’s death; U.S. warns of prolonged conflict as tensions escalate in the Middle East.

Israel has launched a new wave of strikes on Tehran, following the reported killing of Iran’s Supreme Leader, Ali Khamenei. U.S. President Donald Trump has warned the campaign could last up to a month, framing the operation as a move to prevent Iran from acquiring nuclear capabilities.

Iran has retaliated with missile attacks, while its Revolutionary Guards claim responsibility for assaults on oil tankers in the Gulf. The escalating hostilities are already disrupting global shipping lanes and air travel, sending shockwaves through international markets.

With reports of the first U.S. casualties emerging and Washington declaring the Tehran operation a success, tensions across the Middle East are intensifying rapidly. The question now is how far this conflict could spread — and at what cost.

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News

U.S. and Israel strike Iran as missiles hit Gulf bases and oil surges

U.S. and Israel launch major military operation against Iran; tensions rise as conflict escalates, impacting global markets.

Published

2 days ago

March 1, 2026

Ahron Young

U.S. and Israel launch major military operation against Iran; tensions rise as conflict escalates, impacting global markets.

The United States and Israel have launched a sweeping military operation against Iran, striking leadership targets and more than 500 military sites in what President Trump has dubbed Operation Epic Fury.

Explosions have rocked Tehran, with civilians fleeing the capital as U.S. sea and air assets carry out sustained attacks. Washington says the mission is designed to prevent a nuclear armed Iran and has even called on Iranians to rise up against the regime.

Iran has retaliated with a barrage of missiles and drones targeting Israel and U.S. bases across the region, including in Qatar, Kuwait, the United Arab Emirates and Bahrain. While many projectiles were intercepted, a U.S. base in Bahrain sustained damage.

Gulf states long seen as stable hubs for global business are now directly in the firing line, raising fears of a wider regional war.

Oil prices are climbing and tankers are diverting from the Strait of Hormuz as markets react to the escalating conflict. U.S. aircraft carriers, advanced fighter jets and missile destroyers remain in position, signalling more strikes could follow.

With global leaders scrambling diplomatically, the world is watching to see whether this spirals further or shifts back to negotiations.