Guaranteed Rate Inc.'s retail mortgage operations named Shant Banosian as president on Tuesday as joint ventures with Compass and Anywhere Real Estate strove to generate profits.

Two Denver-based real estate teams The New Door Group and The Ceretto Group, are making a strategic move from Compass to Coldwell Banker, the brokerage announced Tuesday.

U.S. stocks were mostly lower, with the Nasdaq leading declines as makers of AI infrastructure suffered steep falls, many in the double digits. Nvidia was down 16%.

Gold settled 1.4% lower, down two of the past three sessions, and silver fell 2.5%, down three of the past four sessions.

Panic fueling the selloff of Nvidia, Broadcom and other tech giants is overblown.