Rocket Lab stock price tumbled below a key support level as investors reacted to the new developments about Neutron, its next generation vehicle. RKLB dropped to $54.54, its lowest level…
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Memory chip stocks, including Micron Technology, Samsung Electronics and SK Hynix, have been battered several times this year by reports of technological advances at China’s ChangXin Memory Technologies (CXMT). Investors…
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US stocks opened lower on Wednesday as September inflation data came in slightly hotter than expected, pushing Treasury yields higher and adding pressure to equity valuations. Investors also assessed quarterly…
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Crude oil prices held steady on Wednesday as concerns about the escalating crisis in the Middle East continued. Brent, the top benchmark, rose to $107, while the West Texas Intermediate…
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Kinder Morgan stock has rebounded this month, moving from a low of $29.48 on October 1 to the current $33.43. It has jumped to its highest level since May 20th,…
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US stocks opened lower on Tuesday as investors assessed quarterly earnings from major banks at the start of the reporting season, while renewed weakness in semiconductor stocks weighed on Nasdaq…
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BlackRock has reduced its exposure to US equities and increased its allocation to US Treasuries as rising bond yields create more attractive income opportunities. The world’s largest asset manager cut…
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Investing
Micron stock sinks deeper into bear territory even as its revenue and profits surge
by adminMicron stock has slipped substantially over the past few days, falling from this month’s high of $1,107 to $990. It has entered a bear market after falling more than 23%…
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Investing
Broadcom stock analysis as fundamentals and technicals diverge: is it a good buy?
by adminBroadcom stock has remained under pressure in the past few months, even as the artificial intelligence (AI) boom has accelerated. It has slumped from a record high of $492 to…
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US stocks gained on Monday as investors assessed rising oil prices and geopolitical tensions ahead of a busy week of corporate earnings and inflation data that could influence the Federal…