Nvidia and quantum computers, Bitcoin seesaws, and the Trump trade: Markets news roundup
The 8 college majors with the highest starting salaries
What you major in can have a big impact on your earning potential.
Legacy Online School, a K-12 online school, combed through data from the National Association of Colleges and Employers to see which degrees yield the highest starting salaries for recent graduates.
After Nvidia CEO’s quantum computing forecast, strategist says ‘good luck’ to investors
Steve Sosnick, Chief Strategist at Interactive Brokers (IBKR), spoke with Quartz for the latest installment of our “Smart Investing” video series.
Watch the interview above and check out the transcript below. The transcript of this conversation has been lightly edited for length and clarity.
The Dow jumps 300 points as Nvidia and other AI stocks surge
The Dow regained momentum by mid-morning on Monday as AI stocks surged. Electronic giant Foxconn (HNHPF) reported record-breaking revenue for its fourth quarter, and the artificial intelligence boom continues into 2025.
Nvidia’s CEO says ‘useful’ quantum computers are decades away — and the stocks tank
Nvidia (NVDA) chief executive Jensen Huang doesn’t think useful quantum computers will be here anytime soon — and stocks are not reacting well to it.
Quantum computing stocks such as IonQ (IONQ) and Rigetti Computing (RGTI) fell by more than 40% Wednesday morning after Huang’s comments during Nvidia’s financial analyst day at the Consumer Electronics Show (CES).
How to pay your bills with Bitcoin and other cryptocurrency
Cryptocurrency has evolved into a store of value, somewhat like gold, and a medium of exchange, like the U.S. dollar. Its practical applications in everyday life have expanded as it becomes more mainstream. Among the various growing use cases, cryptocurrency has emerged as a method for bill payments.
Bitcoin tumbles to less than $100,000 as a strong U.S. dollar hits crypto
Bitcoin has again slipped below the $100,000 mark, experiencing a decline of over 5% in the past 24 hours.
The leading cryptocurrency, which had been gaining momentum amid anticipation surrounding the inauguration of Donald Trump, has seen its value drop sharply from $102,000 to $95,000 in just two days. As a result, other major cryptocurrencies also sharply declined, with Ether, Cardano, Solana, and Dogecoin dropping by 7%, 13%, 7%, and 10%, respectively.
Bitcoin surges above $100,000, eyeing Trump’s inauguration
Bitcoin has surged above the $100,000 mark, trading at around $102,000—a gain of over 4% in a single day. This rally is driven by the “January effect” as investors return from the holidays and inject fresh capital into the market. Investors are also closely watching the upcoming inauguration of Donald Trump on January 20 and the departure of SEC Chair Gary Gensler.
How Donald Trump’s tariff rhetoric could reshape investment strategies, according to a strategist
Steve Sosnick, chief strategist of Interactive Brokers, breaks down Donald Trump’s unpredictable rhetoric about U.S. trade partners Canada and Mexico
Nvidia’s dominance in AI will continue, but be cautious with quantum computing stocks, strategist says
Steve Sosnick, chief strategist of Interactive Brokers, breaks down Nvidia CEO Jensen Huang’s comments on quantum computing at CES 2025
