Breakfast News: Week in Review
Catch up quickly on what happened in the market this week.
Nvidia and Broadcom saw their stocks drop over 3% on Wednesday as a viral chart showed bond yields for CoreWeave spiking to 15%, sparking concerns about a private credit bubble. Bond buyers began demanding higher returns for the risk associated with AI companies. Despite strong earnings, Taiwan Semiconductor Manufacturing (TSM) slipped in pre-market trading.
J&J's device sales and JPMorgan's lending were considered more important than top-line revenue and net income. Gas prices averaged $4.34 a gallon, up 9.1% from a year ago, contributing significantly to the latest inflation numbers. Rocket Lab postponed Neutron's first flight to 2027 due to manufacturing issues with the propellant dome, although the company remains optimistic about a fix.
The real question is whether it's a manufacturing or design problem. Investors need to question whether the price drop of a business they own is due to market factors or the company's performance.
Written by urgent.news from Motley Fool's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
