Nvidia reached a record as chip shares rallied after rate-hike expectations fell and yields dropped. The weak jobs report raises economic worries, but the article ties the rally to easing pressure on shares.
Lower Treasury yields can ease pressure on shares such as Nvidia. The weak jobs report also raises concern about the economy and future demand. The article directly links the rally to lower rate-hike expectations, so the share outlook leans positive.
Toshiba plans to double hard-drive production, adding competition for Western Digital. The article links that news to a sharp drop in Western Digital shares.
Accenture's quarterly profit per share and sales beat forecasts, though its shares gave back part of Thursday's jump. The results point to stronger business than expected.
Nike reported weak first-quarter sales, a grim full-year outlook, and planned layoffs. The expected deeper sales decline points to a weaker business outlook.
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