Nvidia earnings, housing market outlook, and BNPL regulatory pressure: Market Domination

On today’s episode of Market Domination, Yahoo Finance hosts Julie Hyman and Josh Lipton break down the biggest stories and latest trends in the trading day.

Nvidia (NVDA) exceeded earnings expectations and announced a 10-to-1 stock split. Will McGough, Director of Investments at Prime Capital Investment Advisors, says the company’s AI initiatives “have huge implications across multiple markets.” RBC Capital Markets Software Equity Analyst Rishi Jaluria adds, “80% of CIOs are telling us that they are either currently in production or expect to be in production with AI over the next 12 months, so the appetite is real, the use cases are real.” Macquarie Head of US AI and Software Research Frederick Havemeyer highlights that cybersecurity companies like CrowdStrike (CRWD) will benefit from the AI race, predicting growth as competition intensifies.

New housing data reveals that April home sales fell more than expected, declining 1.9% month over month. Realtor.com Chief Economist Danielle Hale expects the real estate market and buyer activity to “ramp up” with every mortgage rate dip but forecasts a “slow comeback” overall.