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@ Yahoo! Finance - by layer3.news
2025-05-14 13:49:16
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✍️ US stocks rose on Wednesday as the S&P 500 erased its losses for 2025, with tech stocks leading the way due to easing trade tensions and new chip deals with Saudi Arabia.
👉 Nvidia rose 3% after plans to overhaul curbs on chip exports and new AI deals led by Saudi Arabia
👉 Super Micro Computer stock soared 17% after Raymond James initiated coverage with an Outperform rating
👉 Advanced Micro Devices stock jumped 4% after President Trump touted new Saudi investment deals with US chipmakers and chip designers
👉 American Eagle stock tumbled 11% after the company withdrew its guidance due to macro uncertainty
👉 Sony reported a weaker-than-expected financial outlook and expects a $700 million headwind from tariffs
#PresidentTrump #ElonMusk #JoshSchafer #GraceO'Donnell #JennyMcCall #KarenFriar #RianHowlett #US #Japan #China #SaudiArabia #business
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