AVGO vs NVDA: Tale of 2 Competing AI Stocks?
@JC888:
It was a tumultuous Thu, 06 Mar 2025 for US market as investors parsed the latest moves on tariffs and await Friday's Non-farm payroll (NFP) report and a speech from Federal Reserve Chair Powell. Tech-heavy Nasdaq Composite closed in correction territory for the first time in 6 months, as the sharp selloff in stocks resumed. There was no let down in the sell down despite Trump decided to do a U-turn and added more items to a “white-list” of products from Canada & Mexico subject to be excluded (temporary) from the 25% tariffs that went live on Tue, 04 Mar 2025. Wall Street is genuinely concerned that Trump's tariffs and counter-tariffs could revive inflation and slow economic growth across North America. By the time market closed on Thursday: DJIA: -0.99% (-427.51 to 42,579.08). S&P