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Stock Market Today: Musk Threatens AAPL Lawsuit, China's NVDA Pushback, Perplexity Eyes Chrome

Stock Market Today: Musk Threatens AAPL Lawsuit, China's NVDA Pushback, Perplexity Eyes Chrome

Schwab Network · Schwab Network

August 12, 20252m 23s

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Show Notes

Markets initially traded lower before reversing course and catapulting to the upside, led by a 3% rally in the RUT. There were also many moves in the Mag 7 after Tesla (TSLA) CEO Elon Musk threatened to sue Apple (AAPL). Nvidia (NVDA) closed higher even though China's government is urging companies not to use its chips. Alphabet (GOOGL) gained after Perplexity announced a $34.5 billion bid for Google Chrome. After hours, Cava (CAVA) plummeted 20% after its earnings left investors hungry for more profits. Marley Kayden takes investors through a packed Tuesday on Wall Street.


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