Tech stocks today Tech stocks fall as investors gear up for Nvidia earnings, OpenAI v. Elon Musk trial decision

Image for article Tech stocks today Tech stocks fall as investors gear up for Nvidia earnings, OpenAI v. Elon Musk trial decision
News Source : Yahoo Entertainment

News Summary

  • Jurors unanimously ruled against Elon Musk in his lawsuit against OpenAI.
  • A potential 18-day strike at Samsung Electronics could begin on May 21 if talks fail.
  • A dispute over semiconductor workers’ bonuses in Korea could upend global technology supply chains and weigh on South Korea’s economy.
  • SpaceX reportedly issues a 5-for-1 stock split as it accelerates its initial public offering (IPO) The stock split could potentially reduce the price of the stock ahead of its IPO.
Tech stocks faced downward pressure on Monday morning as investors looked toward one of the quarterly earnings report from AI behemoth and $5 trillion+ company Nvidia (NVDA).

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