🚨Stock Market Today: S&P500 ends higher as dip buyers return after rout 🔻

On Tuesday, the S&P 500 saw gains as tech stocks rebounded, with Nvidia leading the charge despite some concerns about delays in its Blackwell chip rollout. The Dow Jones rose by 293 points (0.8%), the S&P 500 increased by 1%, and the NASDAQ Composite gained 1%, although earlier in the day, both the S&P 500 and NASDAQ had risen by over 2%.

Tech stocks were buoyed by Nvidia's recovery, although Apple lagged behind due to Warren Buffet reducing his stake in the company by nearly 50%. Super Micro Computer's earnings report was anticipated for insights into AI demand.

In other earnings news, Uber saw an 11% increase in stock value after exceeding revenue and profit estimates, while Caterpillar's stock rose 3% on strong demand for its construction equipment. Palantir's stock surged 10% after raising its revenue and profit forecasts. Lucid Group also benefited from better-than-expected revenue and a significant investment from its largest shareholder, the Saudi Arabian Public Investment Fund.

Cryptocurrency-related stocks like Marathon Digital Holdings, Coinbase, and MicroStrategy climbed as Bitcoin stabilized. Media giants Walt Disney and Warner Bros Discovery are set to release earnings on Wednesday.

As for Nvidia (NVDA), opinions vary, but the company's fair value and investment potential are being closely analyzed using AI and machine learning tools to provide clearer insights into its performance and risk.

#KVB# #FlashNews# #BrokerNews# #cryptocurrency# #Bitcoin# #Coinbase# #US# #USeconomy# #NASDAQ# #AAPL# #DowJones#