Nvidia Earnings, A.I. Investors & Energy Markets: Talking Stocks With Direxion's Ed Egilinsky
What to expect with Nvidia earnings, why there has been a pullback in artificial intelligence stocks, and what's next for energy stocks? Ed Egilinsky, the managing director and head of alternative investments at Direxion, talks all things stocks.
Stocks fell at the open Tuesday as the 10-year Treasury yield spiked following retail sales data and bank earnings, raising concerns over more rate hikes. Investors are also keeping an eye on tensions in the Middle East and its potential effect on global markets.
Rite Aid has filed for bankruptcy protection and plans to sell part of its business as it attempts to restructure while dealing with losses and opioid-related lawsuits.
