Serve Robotics Shares More Than Double on Nvidia Investment Disclosure

By Victor Swezey Serve Robotics jumped after chip giant Nvidia disclosed its investment in the self-driving delivery company. Shares of Serve more than doubled in Friday afternoon trading, to $6.96.

WSJ15:34 ET

US stocks closed with all three major indices falling, with the S&P Nasdaq index seeing its largest weekly decline in three months. Technology stocks weakened, with Tesla down more than 4%, Nvidia down more than 2%, and CrowdStrike down more than 11%.

Investors accelerated their escape from technology stocks, with stocks and bonds in Europe and the United States being hit hard for two days. This week, the S&P 500 and Nasdaq fell by about 2% and 3.7%, respectively. The Nasdaq stopped its six-week continuous rise, while the Dow and small-cap indices rose by 0.7% and 1.7%, respectively. Chip stocks fell more than 3% on Friday and nearly 9% for the week. Nvidia also fell more than 8.7% for the past three months, making it the worst performer. The "seven sisters of technology" all fell for the week, and cybersecurity leader Crowdstrike, which triggered a global technology outage, fell 11% on Friday, the worst in nearly two years. The VIX panic index rose more than 32% for the week.

wallstreetcn58minutes ago

Trending Stocks Today | Serve Robotics Shoots up 200%

July 19th - US stocks trending in regular trading hours.Gainers: $Serve Robotics(SERV.US)$ shoots up 200% to $7.89 with a turnover of $1.28 billion. $Augmedix(AUGX.US)$ soars 147.7% to $2.27 with a

Moomoo News14:00 ET

Why Selective Insurance Group Shares Are Trading Lower By Around 15%? Here Are Other Stocks Moving In Friday's Mid-Day Session

Shares of Selective Insurance Group, Inc. (NASDAQ:SIGI) fell sharply during Friday's session following weak quarterly results.Selective Insurance reported quarterly losses of $1.10 per share which

Benzinga13:24 ET

Wall Street Set to Open Flat Friday as Investors Eye Earnings Reports, FOMC Member Speeches

US stocks look set to open flat in Friday's trading session as investors take in a raft of earnings reports coming out, including those from American Express (AXP), Travelers Companies (TRV),

MT NewswiresJul 19 09:21 ET

Investors Await Key Earnings Reports as US Futures Tread Water in Friday's Premarket

US stock futures were relatively unchanged in Friday's premarket session as investors eye a slew of earnings coming out, including those from American Express (AXP), Travelers Companies (TRV),

MT NewswiresJul 19 08:23 ET