SpaceX‘s (NASDAQ: SPCX) arrival on the Invesco QQQ Trust (NASDAQ: QQQ) benchmark is the fastest mega-cap onboarding the NASDAQ has ever executed. CNBC’s Morgan Brennan laid out the mechanics on air Tuesday morning. “SpaceX officially joins the Nasdaq 100. That will happen at the start of trading officially later this morning,” Brennan told viewers, framing ... Morgan Stanley: SpaceX Could Rally 87% as Wall Street Goes All-In
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Intel Stock Drops as Investors Reassess the AI Chip Rally
The Nasdaq tumbled on Tuesday to continue a turbulent time for chip stocks. The tech-heavy index fell 1.3%. The S&P 500 dropped 0.5% and the Dow fell 70 points, or 0.1% amid a reversal of yesterday’s chip-stocks rally.
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SpaceX (SPCX) has officially been added to the Nasdaq-100 (^NDX). JonesTrading chief market strategist Michael O'Rourke discusses more in the video above.
The announcement comes after Palantir Technologies stock fell 25% in June, marking its worst month since February 2021.
July 7 (Reuters) - The Nasdaq opened lower on Tuesday amid declining chip stocks, with investors questioning the momentum of the AI-led rally despite Samsung's strong earnings, while a report on
Stock Market Today: The Dow Jones index rose, while tech futures sold off amid Samsung earnings. Micron and Sandisk plunged.
The announcement comes after Palantir Technologies stock fell 25% in June, marking its worst month since February 2021.
Industrials businesses quietly power the physical things we depend on, from cars and homes to e-commerce infrastructure. But their prominence also brings high exposure to the ups and downs of economic cycles. Luckily, the tide is turning in their favor as the industry’s 16.3% return over the past six months has topped the S&P 500 by 8.3 percentage points.
Futures are pointing to a mixed open for major indexes as tech stocks retreat after posting big gains to start the week. Here’s what investors need to know today.
US markets are set for a mixed open on Tuesday, with technology stocks expected to come under pressure after Samsung delivered record quarterly profits that still failed to satisfy investors, raising fresh questions about AI valuations. Nasdaq futures were down 1.1% ahead of the opening bell,...
Pre-Market Stock Futures: Futures are trading mixed, with the Nasdaq getting hammered after a gangbuster start to the first full trading week of the third quarter. All of the major indices finished the day higher, with chip stocks once again leading the way. When the dust settled at the close, the Nasdaq finished the day ... Here Are Tuesday’s Best Wall Street Analyst Research Calls: Adobe, American Airlines, Broadcom, First Solar, Meta Platforms, Shopify, Space-X, Ventas, Waste Managment, and M
US equity futures were mostly lower pre-bell Tuesday as technology-related stocks dropped and oil pr
BlackRock said on Tuesday it would launch an exchange-traded fund tracking the technology-heavy Nasdaq-100 index, as it seeks to tap surging investor demand for exposure to the AI-driven stock market rally. The iShares Nasdaq 100 ETF, offered by the world's largest asset manager, will track the flagship U.S. index and start trading under the ticker on Thursday, just months after the Nasdaq revised its criteria to accelerate the inclusion of newly listed companies such as SpaceX.
Are things finally looking up for Palantir after last month's brutal sell-off?
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SpaceX officially joins the Nasdaq-100 today, and investors holding some funds tied to the index will end up exposed, whether they like it or not. Mutual and exchange-traded funds with $800 billion in assets under management are expected to buy SpaceX shares in order to mirror the index’s performance. SpaceX will be a small component in the Nasdaq-100, for now.
By Amanda Cooper LONDON, July 7 (Reuters) - Global stocks fell on Tuesday as technology shares slid despite blockbuster results from Samsung Electronics, with investors remaining concerned about the
July 7 (Reuters) - Futures tied to the tech-heavy Nasdaq dropped on Tuesday on declines in chip stocks over concerns about the sustainability of the AI-driven rally despite strong results from Samsung
New York Stock Exchange President Lynn Martin told Yahoo Finance that she feels optimistic about the stock market and the economy as momentum builds for companies going public following a long IPO drought.
Stocks looked set to open in the red on Tuesday as investors opted to ditch tech, even after South Korean memory-chip maker Samsung Electronics forecast a huge surge in profit. Nasdaq 100 futures dropped 0.8%. The blue-chip Dow notched a record close for a second straight session, while the tech-heavy Nasdaq added more than 1% as chip stocks roared back.
The president's latest comments on the Federal Open Market Committee (FOMC) threaten to undermine policymakers' credibility.