Browsing: S&P 500

The S&P 500 lost 0.39% on Tuesday, ending its six-day winning streak. Tesla CEO Elon Musk reaffirmed his commitment to leading the company for the next five years and confirmed Tesla will launch robotaxis in Austin by June. Google announced a new AI subscription service called ‘Google AI Ultra’ priced at $249.99 monthly.

The S&P 500 lost 0.39% on Tuesday, ending its six-day winning streak. Tesla CEO Elon Musk reaffirmed his commitment to leading the company for the next five years and announced Tesla will launch robotaxis in Austin by June. Google introduced a new AI subscription service called ‘Google AI Ultra’ priced at $249.99 monthly.

U.S. equities experienced a downturn on Thursday, February 27, influenced by tariff announcements and a decline in semiconductor and AI stocks, led by Nvidia.

The S&P 500 and Nasdaq experienced significant declines on Thursday, driven by a slump in Nvidia shares following its earnings report and concerns about a cooling U.S. economy. Investors also reacted to downbeat forecasts from Salesforce and rising jobless claims.