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In August, artificial intelligence chip maker Nvidia set the record for the largest one-day increase in market value in stock market history. On Tuesday, it did the opposite. The company's shares fell nearly 10% in what is the largest single day drop for any U.S. company in stock market...
The Spirit Airlines bankruptcy news may not affect holiday travel but could limit some service options in the future due to cost-cutting measures. CBS News MoneyWatch correspondent Kelly O'Grady has more on the airline, and new details on the stock market rally after the 2024 elections. ...
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Stock market reacts to Powell From CNN Business' Paul R. La Monica Stocks moved modestly (to use one of the Fed’s favorite words to describe the economy’s growth) once Federal Reserve Chairman Jerome Powell began speaking at an event at the Economic Club of Washington today. The Dow ...