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Closing Bell: Nvidia Jumps, Rocket Labs Slides, Hewlett Packard Enterprise Soars After Earnings
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On this episode of Stock Movers:
Listen for comprehensive cross-platform coverage of the US market close as heard on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Katie Greifeld, Emily Graffeo, and Tim Stenovec.
- Nvidia (NVDA) shares jumped today after Nvidia unveiled the RTX Spark, a chip described as "the most efficient PC chip ever built," designed for personal devices to run AI agents. The move is an effort to disrupt Intel and AMD's dominance of the PC chip market, with Nvidia using technology licensed from processor-design firm Arm Holding.
- Rocket Labs Corp (RKLB) shares declined on Monday, extending a rout that started late last week after a Blue Origin rocket exploded.
- Hewlett Packard Enterprise (HPE) shares soared after the close, due to the company giving an outlook for annual sales that topped estimates, citing massive growth in demand for the company’s servers and networking that it expects to continue through next year.
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