Japan's industry ministry said on Tuesday it would extend subsidies worth as much as 242.9 billion yen ($1.64 billion) for Bain Capital-backed Kioxia and Western Digital to expand memory chip production in Mie and Iwate prefectures.
What you need to know… The S&P 500 Index ($SPX ) (SPY ) on Monday closed down -0.32%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -0.71%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -0.17%. Stocks on Monday settled moderately lower. Stocks were...
We finished the normal trading session on the first day of a new trading week the same way we began it — reluctant to drag a stock market higher amid all-time high ranges on the Dow and S&P 500, overbought conditions and high
Shares of Super Micro Computer (NASDAQ: SMCI) jumped today, continuing a rally sparked by last Monday's strong earnings report, even though there was no company-specific news out on the company stock today. Instead, what seemed to drive the stock higher was a bullish note from Go
Wall Street's main indexes closed lower on Monday after Federal Reserve Chair Jerome Powell pushed back firmly against speculation that rate cuts would be imminent, while investors assessed a mixed bag of U.S. earnings reports.
Wall Street's main indexes lost ground on Monday after Federal Reserve Chair Jerome Powell pushed back firmly against speculation that rate cuts would be imminent, while investors assessed a mixed bag of U.S. earnings reports.
Wall Street's main indexes lost ground on Monday after Federal Reserve Chair Jerome Powell pushed back firmly against speculation that rate cuts would be imminent, while investors assessed a mixed bag of U.S. earnings reports.
The best performing sector as of midday Monday is the Healthcare sector, higher by 0.2%. Within the sector, Catalent Inc (Symbol: CTLT) and Idexx Laboratories, Inc. (Symbol: IDXX) are two large stocks leading the way, showing a gain of 9.6% and 7.1%, respectively. Among healt
The Invesco S&P 500— Momentum ETF is seeing unusually high volume in afternoon trading Monday, with over 138,000 shares traded versus three month average volume of about 46,000. Shares of SPMO were up about 0.3% on the day.
The Magnificent Seven group of megacap technology stocks must keep delivering robust earnings to maintain their dominance and outperform the broader market. The Magnificent Seven group includes Apple (AAPL ), Amazon.com (AMZN ), Alphabet (GOOGL ), Meta Platforms (META ), Microsoft (MSFT ), Nvidia (NVDA ), and Tesla (TSLA )....
In trading on Monday, the Semiconductor ETF is outperforming other ETFs, up about 1.6% on the day. Components of that ETF showing particular strength include shares of ON Semiconductor, up about 9.2% and shares of Nvidia, up about 3.9% on the day.
And underperforming other ET
What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is down -0.76%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -1.04%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.98%. Stock indexes this morning are moderately lower. Stocks opened...
Wall Street's main indexes fell on Monday, pressured by rising Treasury yields after Federal Reserve Chair Jerome Powell pushed backfirmly against market speculations of imminent rate cuts, while investorsassessed earnings from corporate America.
We enter a new week with the feeling that something like a storm has just passed: the last week of trading brought us a slew of monthly and weekly jobs numbers, as well as a majority on the “Magnificent 7” stocks having reported q
Pinterest, Inc. PINS is scheduled to report fourth-quarter 2023 results on Feb 8, 2024 after the closing bell. The company pulled off a trailing four-quarter earnings surprise of 37.3%, on average. In the last reported quarter, it
We enter a new week with the feeling that something like a storm has just passed: the last week of trading brought us a slew of monthly and weekly jobs numbers, as well as a majority on the “Magnificent 7” stocks having reported q
Wall Street's main indexes fell on Monday, as Treasury yields rose after Fed Chair Jerome Powell pushed backfirmly against market speculations of imminent rate cuts, while investorsassessed earnings from corporate America.
Nvidia's shares scaled a new peak on Monday after Goldman Sachs raised its price target for the high-flying chipmaker's stock in anticipation of a major boost to its earnings from the artificial intelligence (AI) boom.
In today's video, I discuss Advanced Micro Devices (NASDAQ: AMD) and Nvidia (NASDAQ: NVDA). Check out the short video to learn more, consider subscribing, and click the special offer link below.