{"id":325982,"date":"2023-05-25T17:26:38","date_gmt":"2023-05-25T21:26:38","guid":{"rendered":"https:\/\/stockchase.com\/discover\/?p=325982"},"modified":"2023-05-25T17:26:38","modified_gmt":"2023-05-25T21:26:38","slug":"nvidia-soars-canadian-banks-sink","status":"publish","type":"post","link":"https:\/\/stockchase.com\/discover\/nvidia-soars-canadian-banks-sink\/","title":{"rendered":"Nvidia soars, Canadian banks sink"},"content":{"rendered":"<p>Thursday markets were rocked by Nvidia soaring after reporting a blockbuster quarter that beat everyone&#8217;s expectations.<\/p>\n<p>When the dust settled, <a href=\"https:\/\/stockchase.com\/company\/view\/894\/NVDA-Q\">Nvidia<\/a> had rocketed 24.69%, and lifted other AI-related stocks such as <a href=\"https:\/\/stockchase.com\/company\/view\/21\/ADBE-Q\">Adobe<\/a> by 7.19% and <a href=\"https:\/\/stockchase.com\/company\/view\/59\/AMD-Q\">AMD<\/a> by 11.19%. However, <a href=\"https:\/\/stockchase.com\/company\/view\/637\/INTC-Q\">Intel<\/a> sank 5.45% and <a href=\"https:\/\/stockchase.com\/company\/view\/3903\/DLTR-Q\">Dollar Tree<\/a> slid 11.82%. With tech leading the Wall Street rally, the S&amp;P closed 0.91% higher, the Nasdaq 1.71%, though the Dow was -0.1%. The U.S. 10-year yield rose to 3.82% while <a href=\"https:\/\/stockchase.com\/company\/view\/6966\/CRYPTOBTC\">Bitcoin<\/a> added 0.68% to $26,500.<\/p>\n<p>It was a different story on Bay Street as more weak bank earnings pressured the TSX by 0.77%. <a href=\"https:\/\/stockchase.com\/company\/view\/1211\/TD-T\">TD<\/a> announced a profit decline and was punished by 4.19%. <a href=\"https:\/\/stockchase.com\/company\/view\/1083\/RY-T\">Royal<\/a> slipped 1.83%, but <a href=\"https:\/\/stockchase.com\/company\/view\/278\/CM-T\">CIBC<\/a> rose 2.05%. Elsewhere, <a href=\"https:\/\/stockchase.com\/company\/view\/6538\/DND-T\">Dye &amp; Durham<\/a> climbed 6.71%. Most sectors were down, led by energy and materials while industrials and only two other sectors gained.<\/p>\n<p>&#x1f4be; <a href=\"https:\/\/stockchase.com\/company\/view\/894\/NVDA-Q\">NVIDIA Corporation (NVDA-Q)<\/a> +24.69%<br \/>\n&#x1f4be; <a href=\"https:\/\/stockchase.com\/company\/view\/21\/ADBE-Q\">Adobe Systems (ADBE-Q)<\/a> +7.19%<br \/>\n&#x1f4be; <a href=\"https:\/\/stockchase.com\/company\/view\/59\/AMD-Q\">Advanced Micro Devices (AMD-Q)<\/a> +11.19%<br \/>\n&#x1f4be; <a href=\"https:\/\/stockchase.com\/company\/view\/637\/INTC-Q\">Intel (INTC-Q)<\/a> -5.45%<br \/>\n&#x1f6d2; <a href=\"https:\/\/stockchase.com\/company\/view\/3903\/DLTR-Q\">Dollar Tree (DLTR-Q)<\/a> -11.82%<br \/>\n&#x1f171; <a href=\"https:\/\/stockchase.com\/company\/view\/6966\/CRYPTOBTC\">Bitcoin (BTCUSD) (CRYPTO:BTC)<\/a> +0.68%<br \/>\n&#x1f3db; <a href=\"https:\/\/stockchase.com\/company\/view\/1211\/TD-T\">Toronto Dominion (TD) (TD-T)<\/a> -4.19%<br \/>\n&#x1f3db; <a href=\"https:\/\/stockchase.com\/company\/view\/1083\/RY-T\">Royal Bank (RY-T)<\/a> -1.83%<br \/>\n&#x1f3db; <a href=\"https:\/\/stockchase.com\/company\/view\/278\/CM-T\">Canadian Imperial Bank of Commerce (CIBC) (CM-T)<\/a> +2.05%<br \/>\n&#x1f4be; <a href=\"https:\/\/stockchase.com\/company\/view\/6538\/DND-T\">Dye &amp; Durham (DND-T)<\/a> +6.71%<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Thursday markets were rocked by Nvidia soaring after reporting a blockbuster quarter that beat everyone&#8217;s expectations. When the dust settled, Nvidia had rocketed 24.69%, and lifted other AI-related stocks such as Adobe by 7.19% and AMD by 11.19%. However, Intel [&hellip;]<\/p>\n","protected":false},"author":12,"featured_media":174836,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"cwp_meta_box_check":"No","cwp_rev_product_name":"","cwp_rev_product_image":"","wppr_links":[],"cwp_rev_price":"","wppr_options":[],"wppr_pros":[],"wppr_cons":[],"footnotes":""},"categories":[178],"tags":[],"class_list":["post-325982","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-daily"],"wppr_data":{"cwp_meta_box_check":"No"},"_links":{"self":[{"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/325982","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/comments?post=325982"}],"version-history":[{"count":0,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/325982\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/media\/174836"}],"wp:attachment":[{"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/media?parent=325982"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/categories?post=325982"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/tags?post=325982"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}