Breaking

Summary

  • The three major U.S. stock indexes all opened higher.
  • Major technology stocks including Google, AMD, Meta and Micron were broadly stronger.
  • By contrast, Nvidia plunged 8.4% amid controversy involving CEO Jensen Huang.

The three major U.S. stock indexes all opened higher, while Nvidia plunged more than 8% in early trading.

Digital-asset media outlet BlockBeats reported on November 9 that shortly after the opening bell, the Dow Jones Industrial Average rose 1.3%, while the S&P 500 and the Nasdaq each gained 0.8%.

Major technology shares were mostly higher. Google climbed 2.6% after unveiling two new tensor processing units, or TPUs, aimed at competing with Nvidia. AMD rose 5.9%, Meta gained 3.9% and Micron advanced 1.9%.

By contrast, Nvidia tumbled 8.4% just after the open amid controversy involving Chief Executive Officer Jensen Huang.

Minseung Kang