U.S. stocks ended sharply higher on Tuesday, with the S&P
500 registering a record high close as Oracle shares surged and
consumer price data failed to dampen investors' hopes of
interest rate cuts in the coming months.
The S&P 500 logged a record close on Tuesday, as contentment with the consumer price index (CPI) for February took hold of Wall Street. Meanwhile, the Dow and Nasdaq notched healthy triple-digit wins as investors -- who still expect interest rate cuts in June -- rotated back
U.S. stocks ended sharply higher on Tuesday, with the S&P 500 registering a record high close as Oracle shares surged and consumer price data failed to dampen investor hopes of interest rate cuts in the coming months.
U.S. stocks rose on Tuesday, led by a more than 1% gain in
the Nasdaq, as slightly hotter-than-expected consumer price data
failed to dampen investor hopes of interest rate cuts in the
coming months and as Oracle shares surged to a record.
Stocks with rising earnings estimates have significantly outperformed the S&P 500 year after year, whereas stocks with falling earnings estimates have underperformed the S&P 500 year after year.
In afternoon trading on Tuesday, Services stocks are the best performing sector, up 0.5%. Within that group, Costco Wholesale Corp (Symbol: COST) and Best Buy Inc (Symbol: BBY) are two large stocks leading the way, showing a gain of 3.6% and 2.6%, respectively. Among the larges
There's little question that the catalyst that sparked the current bull market rally is artificial intelligence (AI). The AI gold rush that kicked off last year is gathering steam, but market watchers continue to question the resilience of this upward momentum. However, robust re
There's something special about finding "the next big thing" before that thing goes mainstream. Tom and David Gardner recommended Amazon.com and Netflix (NASDAQ: NFLX) years before those online innovators were cool. Without those astute insights, The Motley Fool might not have ex
You can't say it wasn't starting to look likely. With a run of higher highs and higher lows in Oracle Corporation (NYSE: ORCL) since the end of last year, there was a clear sense of momentum building on the bid. The allure of a strong earnings report for the company's fiscal Q3
In trading on Tuesday, the Semiconductor ETF is outperforming other ETFs, up about 2.1% on the day. Components of that ETF showing particular strength include shares of Nvidia, up about 5% and shares of Taiwan Semiconductor Manufacturing, up about 3.5% on the day.
And underper
Most of the market today is focused on the hype surrounding technology stocks, especially now that names like NVIDIA (NASDAQ: NVDA) keep making new all-time highs almost daily. However, fundamentals matter more today than ever, which is why Warren Buffett decided to look elsewhe
Shares of Oracle (NYSE: ORCL) charged sharply higher on Tuesday, gaining as much as 13.49% in early trading. As of 10:58 a.m. ET, the stock was still up 11.3%.
The tech-heavy Nasdaq drove Wall Street higher on Tuesday, as traders held on to bets of interest-rate cuts by the Federal Reserve in the coming months, even as consumer prices data came in slightly hotter than expected.
The S&P 500 Index ($SPX ) (SPY ) today is up +0.42%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.22%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.38%. Stocks are trading mildly higher today after the U.S. CPI report was not as...
In early trading on Tuesday, shares of PDD Holdings topped the list of the day's best performing components of the Nasdaq 100 index, trading up 4.5%. Year to date, PDD Holdings has lost about 20.1% of its value.
And the worst performing Nasdaq 100 component thus far on the day
Investors in NVIDIA Corp (Symbol: NVDA) saw new options become available this week, for the January 2025 expiration. One of the key inputs that goes into the price an option buyer is willing to pay, is the time value, so with 311 days until expiration the newly available contra
Nvidia (NASDAQ: NVDA) won over Wall Street last year, illustrated by its more than 280% stock growth since March 2023. The company's years of dominance in graphics processing units (GPUs) perfectly positioned it to profit significantly from a boom in artificial intelligence (AI)
Oracle ORCL reported third-quarter fiscal 2024 non-GAAP earnings of $1.41 per share, which beat the Zacks Consensus Estimate by 2.92% and increased 15.6% year over year. At constant currency (cc), earnings increased 16% year over
Oracle soared more than 13% to reach a record high on Tuesday, on signs the company was making progress in its plan to grab a share of the cloud-computing market thanks to its tie-up with AI chip giant Nvidia.
By some measures the U.S. stock market has not been this top-heavy in over 100 years and has just had one of its strongest rallies in decades, giving understandable rise to fears that a potentially large correction is imminent.