Stocks pare slide as oil whipsaws on US-Iran talks - News Summed Up

Stocks pare slide as oil whipsaws on US-Iran talks


(Feb 27) : Wall Street traders lifted stocks away from session lows as oil erased its gain amid signs of progress in US nuclear talks with Iran. Chipmakers sank as Nvidia Corp.’s results failed to inspire investors seeking reassurances about artificial intelligence. Even after giving a bullish forecast, Nvidia tumbled 5.5%, dragging down almost every company in a key semiconductor gauge. In late hours, Dell Technologies Inc. gave an outlook for sales of its AI servers that exceeded estimates. After soaring for much of the past few years, Nvidia has gone cold amid questions about massive AI spending.


Source: The Edge Markets February 26, 2026 22:17 UTC



Loading...
Loading...
  

Loading...

                           
/* -------------------------- overlay advertisemnt -------------------------- */