The company makes an explicit appeal to the president-elect to reject tighter controls on the export of artificial-intelligence hardware.

The Biden administration's proposal would put more pressure on companies like Nvidia to crack down on where resellers ultimately send their chips.

Technology stocks struggled across the board on Monday, including declines among all but one of the Magnificent 7 firms and a big hit to quantum computing stocks.

Nvidia still has the stock-boosting power, but its strength may be waning as some investors wonder how long it will last.

Nvidia, AMD, and Broadcom sold off after the Biden Administration released new AI chip export rules late Friday.

Bull markets often carry with them great expectations about future growth. Sometimes those expectations by the investing masses are too lofty given fresh incoming realities. I fancy that is the case today as we get ready to enter a firehose of news over the next month that could inject renewed volatility into markets.

Nvidia’s scorching 800% rally in the past two years has hit a stumbling block. Facing pressure from slowing revenue growth, tougher competition and stricter regulation — Nvidia shares have dropped for the past five days, shedding 12% since a record on Jan. 6. And since October, the stock has largely been stuck in the trading range.

Indexes closed lower on Thursday, with the tech-heavy Nasdaq falling almost 1%, led by a slide in mega-cap tech stocks like Apple and Nvidia ... after the Federal Reserve back rate-cut ...

Wall St rallies as Intel, Nvidia, and SLB lead gains. Banks surge 6%, while Truist climbs on strong profits. Investors eye Trump’s policy outlook.

The major indexes added to strong weekly gains. Tesla and AI chipmakers such as Nvidia and Arm are testing key levels.

Track the market's reaction to President Donald Trump's speech in Davos, Switzerland, as well as corporate earnings and other developments on Thursday.

The S&P 500 ( ^GSPC) was little changed, coming off a three-day win streak that saw the benchmark index close Wednesday on the cusp of setting a new all-time high. The Dow Jones Industrial Average ( ^DJI) traded 0.2% higher, with a record not far off.