Nvidia, Quantum Computers, Bitcoin Swing, and Trump Trade: Markets News Brief

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Nvidia, Quantum Computers, Bitcoin Swing, and Trump Trade: Markets News Brief

Photography: Adrian Ferrio (Getty Images), Spencer Platt (Getty Images), Patrick T. Fallon/AFP (Getty Images), Junior Images (Getty Images), Bloomberg (Getty Images), Illustration: Dan Kitwood (Getty Images), Photo: Nour Photo (Getty Images)

What you specialize in can have a huge impact on your earnings potential.

Legacy Online Schoolan online K-12 school, combed data from the National Association of Colleges and Employers to find out which degrees bring the highest starting salaries for recent graduates.

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Steve Sosnick, Chief Strategist at Interactive Brokers (Early), spoke with Quartz about 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 edited slightly for length and clarity.

The Dow Jones regained momentum by mid-morning Monday as AI stocks rose. Electronic giant Foxconn (hnhpf) It reported record fourth-quarter revenueand The artificial intelligence boom will continue until 2025.

Nvidia CEO Jensen Huang holds a Drive Thor processor during his keynote at the Consumer Electronics Show (CES) in Las Vegas, Nevada on January 6, 2025. - Photograph: Patrick T. Fallon/AFP (Getty Images) — Nvidia CEO Jensen Huang holds a Drive Thor processor during his keynote at the Consumer Electronics Show (CES) in Las Vegas, Nevada on January 6, 2025. – Photograph: Patrick T. Fallon/AFP (Getty Images)

nvidia (NVDA) CEO Jensen Huang doesn’t think useful quantum computers will exist anytime soon — and stocks aren’t reacting well to them.

Quantum computing stocks like IonQ (Ionic) and Rigetti Computing (RGTI) by more than 40% on Wednesday morning after Hwang comments During the Nvidia Financial Analyst Day at Consumer Electronics Show (CES).

Cryptocurrency has evolved into a store of value, somewhat like gold, and a medium of exchange, somewhat like the US dollar. Its practical applications in daily life expanded as it became more widespread. Among the various growing use cases, cryptocurrency has emerged as a means of paying bills.

Bitcoin has once again fallen below the $100,000 level, seeing a decline of over 5% over the past 24 hours.

The leading cryptocurrency, which has been gaining momentum amid anticipation surrounding Donald Trump’s inauguration, It saw its value drop sharply from $102,000 to $95,000 in just two days. as a result of, Other major cryptocurrencies also fell sharply, With Ethereum, Cardano, Solana, and Dogecoin down 7%, 13%, 7%, and 10%, respectively.

Bitcoin rose above the $100,000 mark, trading at around $102,000 — up more than 4% in one day. This rise is due to the “January effect” as investors return from vacation and inject new capital into the market. Investors are also closely watching Donald Trump’s inauguration on January 20 and the departure of SEC Chairman Gary Gensler.