Third-quarter earnings season has opened unevenly. JPMorgan, Wells Fargo and Citigroup posted missed results this week, while UnitedHealth topped forecasts for both revenue and profit. Only 27 constituent companies of…
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Stock
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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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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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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…
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Salesforce stock CRM gained more than 2% on Monday after Bank of America upgraded the shares to Buy from Underperform, citing the potential for artificial intelligence to strengthen demand for…
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Stock
Nvidia stock takes a hit as portfolio stocks dive and Reflection AI bid is considered
by adminNvidia stock has pulled back in the past four consecutive days. It has slumped from the all-time high of $243 to the current $230 as investors have remained cautious about…
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US stocks rose on Friday as technology shares rebounded from a sell-off earlier in the week, helping Wall Street recover amid elevated Treasury yields, volatile oil prices, and concerns about…
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SoundHound stock has plunged to its lowest level since November 2024 as investors continue betting against the voice AI company. It slumped to a low of $5.38 on Friday, down…