Nvidia’s rise in the past two years shares some similarities with RCA’s in the bull run of late 1920s, representing an emerging hot technology, but one that also faced many questions.
Oil futures were flat to slightly lower Friday as U.S. traders returned from the Independence Day holiday, with crude headed for a fourth straight weekly gain though some analysts see upside limited by growing concerns over signs of softening growth.
Stocks of cryptocurrency related companies were hit hard Friday, as bitcoin sank to more than four-month lows amid concerns that the repayment plan of bankrupt crypto exchange Mt. Gox’s repayment plan will lead to more selling.