Japanese tech conglomerate SoftBank (OTC: SFTBY) is trying to rehabilitate its reputation after the company became widely mocked following the spectacular implosion of WeWork's planned IPO last year. The current state of that saga is that SoftBank has invested nearly $20 billion
Today's $72 trillion question for investors: To buy or not to buy into the global equities rally? Notwithstanding inflated share prices, politics and the pandemic, the answer from many is a resounding "yes."
Asian equities were poised to track Wall Street's tech fueled rally on Tuesday that saw the Nasdaq benchmark hit a fresh record while oil prices perked up on Chinese demand and hopes Sino-U.S. trade tensions were easing.
The S&P 500 Index (SNPINDEX: ^GSPC) gained 9.1 points, or just under 0.3%, on Monday. This marks another relatively quiet day for the index, which makes up about 80% of the entire U.S. stock market capitalization.
The Nasdaq Composite (NASDAQINDEX: ^IXIC) regained its leadership role in the stock market, leading bullish investors upward to set a record high. Even with plenty of lingering doubts about the COVID-19 pandemic and its longer-term impact on the U.S. economy, market participants
The dollar traded lower on Monday as a risk-on moved tamped down appetite for the safe-haven asset and bolstered U.S. stocks, sending the Nasdaq to an all-time high.
The Nasdaq surged to a record high close on Monday, while the S&P 500 approached its own record level, with both indexes lifted by Nvidia and other technology stocks.
The Nasdaq surged to a record high close on Monday, while the S&P 500 approached its own record level, with both indexes lifted by Nvidia and other technology stocks.
The Nasdaq surged to an all-time high on Monday, while the S&P 500 approached its own record level, with both indexes lifted by Nvidia and other technology stocks.
Technology-related shares were the top boosts to the S&P 500 and Nasdaq on Monday, bringing the benchmark index close to a record high as focus turned to earnings from big retailers later this week.
Global demand for Nintendo (OTC: NTDOY) is so great for its Switch hybrid mobile game console that it is reportedly asking suppliers to produce enough components for 25 million units this year, 3 million more than it had asked them for just four months ago.
A compilation of the most active stocks on U.S. exchanges. For faster updates on individual market-movers, Eikon users please use search string "STXBZ US" and Thomson One users please search "RT/STXBZ US".
What happened
Shares of graphics chip developer NVIDIA (NASDAQ: NVDA) surged on Monday following multiple price target bumps from analysts ahead of the company's second-quarter report. The stock was up about 6.2% at 11:25 a.m. EDT.
Technology-related shares lifted the S&P 500 and Nasdaq on Monday as investors turned to sectors that have been resilient to the shocks of the coronavirus pandemic, while awaiting the earnings of big retailers later this week.
SoftBank Group Corp has built a stake worth around $1.2 billion in e-commerce firm Amazon, regulatory filings showed on Monday, as the tech conglomerate expands its investing activities beyond its recent focus on unlisted startups.
In early trading on Monday, shares of NVIDIA Corp (NVDA) topped the list of the day's best performing components of the S&P 500 index, trading up 5.5%. Year to date, NVIDIA Corp registers a 107.3% gain.
A compilation of the most active stocks on U.S. exchanges. For faster updates on individual market-movers, Eikon users please use search string "STXBZ US" and Thomson One users please search "RT/STXBZ US".
The data center market has turned out to be a happy hunting ground for Advanced Micro Devices (NASDAQ: AMD) ever since the company reentered it in 2017 with its EPYC server processors.
Friday's upbeat retail data comes at a critical time since the market will get earnings reports from some notable retailers, including Walmart (WMT), Target (TGT) and and Home Depot (HD).
Stocks rose last week with the Dow Jones Industrial Average (DJINDICES: ^DJI) gaining over 1.5% and the S&P 500 (SNPINDEX: ^GSPC) edging up about 0.6%. The S&P is now up 4% for the year and near its record high, while the Dow is still down 2% year to date.