Core Insights - Futures for major stock indexes, including the Dow Jones Industrial Average, traded lower ahead of GDP data and weekly unemployment claims [1] - Nvidia's stock is experiencing a decline, threatening to extend its losing streak [1] - Analysts project Nvidia could see returns up to five times on a $100 billion deal with OpenAI, raising questions about its current valuation [1][2] Group 1: Market Performance - Dow futures traded down 0.1% while S&P 500 futures lost 0.3% [1] - Nvidia stock is testing a key level in a flat base with a buy point of 184.48 [2] Group 2: Company Developments - The Nvidia-OpenAI deal is being scrutinized as either a sign of an AI boom or a case of 'circular vendor financing' [4] - Other companies are attempting to replace Nvidia in the Chinese market, raising competitive concerns [4]
Stock Market Today: Indexes Fall For Third Day; IBM Leaps On Quantum Bets (Live Coverage)