Charlie Pellett

Bank stocks were particularly hard hit.

The KBW Bank Index was down 4.9%.

Wells Fargo analyst Mike Mayo says fresh credit worries are hurting banks.

Now on the week, the Dow dropped 1.3%.

NASDAQ this week down almost 1%.

In New York, Charlie Pellett, Bloomberg Radio.

All right.

I thank you very much, Tim and Carol.

Keeping an eye as we recap and reset on NVIDIA.

The stock higher after hours up by 3% right now.

It did give another bullish quarterly revenue forecast signaling that the massive build out of AI computing does remain on track.

Chipmakers said fiscal first quarter sales going to be around $78 billion.

That compares with an estimate of $72.8 billion.

NVIDIA is the world's most valuable company.

Closely watched shares up now by 3%.

Salesforce heading in the other direction after ours.

Stock down roughly 5% out with a lukewarm outlook for sales growth in the new fiscal year.

Fueling Wall Street's worries that the software giant will lose out to new competitors in the age of AI.

Other companies reporting earnings.

Zoom Communications forecast adjusted EPS for 2027.