U.S. Shutdown Nears Its End - SoftBank's Sale of NVIDIA Shares Pressures Tech Stocks - DAX Slightly Above 24,000-Point Mark - CoreWeave Lowers Forecast - RocketLab Impresses with Record Revenue - German Defense Stocks Under Pressure
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SoftBank's Sale of NVIDIA Pressures Tech Rally – Shutdown's End Fuels Hopes for Year-End Upswing The recovery movement on Wall Street takes a hit after NVIDIA and other tech giants face selling pressure on Tuesday. SoftBank Group completely divests its NVIDIA stake , raising $5.83 billion to finance further investments in AI. The chip giant's stock then plunges by 3.37%. CoreWeave Lowers Forecast! It hits CoreWeave even harder, which plummets by 13.83% after the company lowers its forecast – a severe setback for a provider trying to...
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