Trump's China trip and the April inflation report will be the week's two biggest developments for investors.
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Trump's China trip and the April inflation report will be the week's two biggest developments for investors.
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Wall Street’s bull case on stocks just got another major vote of confidence. RBC Capital Markets bumped its 12-month target for the S&P 500 to 7,900 from 7,750, as stocks continue to notch fresh highs, according to TheFly. The firm joins a growing list of Wall Street outlets convinced that the ...
A year ago, investors had all but left Intel for dead. Now, the chip maker’s shares are going parabolic, notching their first record in 26 years, then soaring past it. Intel is now up 239% this year.
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Nvidia (NVDA) is a semiconductor giant and artificial intelligence king. It makes GPUs, CPUs, AI inference accelerators, and networking solutions (which are becoming increasingly more important). The company divides its revenue sources into five end markets: Data Center, Gaming, Professional ...
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The S&P 500 has surged higher over the past five weeks at a pace that few strategists predicted at the start of 2026, yet one of the largest asset managers on the planet believes the rally is far from finished. Franklin Templeton Institute, the research arm of the approximately $1.68 trillion ...
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A better-than-expected jobs report and a blistering chip-stock rally powered the S&P 500 to a record on Friday, with the index notching its sixth straight week of gains. The Dow industrials edged up 0.2% for the week, or 110 points.
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<body><p>STORY: U.S. stocks ended the week higher on Friday...</p><p>and although the Dow was little changed, the S&P 500 gained more than eight-tenths of a percent and the Nasdaq climbed 1.7%, catapulting both indexes to more record high closes.</p><p>Credit strong company earnings and a resilient economy, says Ross Mayfield, investment strategist at Baird Private Wealth Management.</p><p>"It's really kind of the soft landing of all soft landings. You're wrapping up one of the best earnings seasons we've seen in some time. One of the best non-recession recovery earnings seasons ever. You've got positive headlines about the war in Iran and the move towards a ceasefire there, particularly ahead of, you know, Trump's meeting with Xi Jinping. You have a great jobs report. So signs that the, you know, the economy outside of the AI sector is still holding in pretty well. [FLASH] Now, that doesn't mean there isn't a big tail risk out there if the war in Iran kind of reverses or escalates for whatever reason. But barring that, it is very hard to see a reason that this market doesn't melt up into the summer and really into year end."</p><p>High-flying chip stocks had another stellar session, with shares of Intel gaining 14% after the Wall Street Journal reported the company reached a preliminary deal to make some chips for Apple devices. Shares of Apple added 2%.</p><p>Shares of Micron Technology and Sandisk spiked more than 15% and 16%, respectively, lifted by strong demand from the rapid buildout of AI data centers.</p><p>:: Cloudflare</p><p>Still, other tech stocks didn't fare as well, with Cloudflare plunging more than 23% after the cloud services company said it would cut about 20% of its workforce, and forecast second-quarter revenue slightly below Wall Street expectations.</p><p>:: CoreWeave</p><p>Shares of CoreWeave tumbled more than 11% after the cloud infrastructure technology company raised the lower end of its annual capital expenditure forecast, citing a rise in component costs.</p><p>Elsewhere in the market, shares of Expedia dropped more than 9% after the online travel platform flagged that the conflict in the Middle East was hurting demand.</p></body>
The S&P, the Nasdaq, and others are changing the rules, or thinking about it, that could fast-track stocks of IPO hopefuls like Musk's rocket company into major indexes.
Goldman Sachs just spotted a problem that’s hiding inside a remarkably good earnings figure. According to Seeking Alpha, S&P 500 companies apparently posted a blowout Q1 earnings figure, where growth neared 25%. However, Goldman Sachs said the figure was boosted by investment gains at Amazon ...
Cathie Wood, head of Ark Investment Management, doesn’t give up on her favorite stocks easily. Sometimes she’ll buy them on the way down, betting the dip could become an opportunity. That’s what she did this week, adding shares of one of her largest holdings. In 2025, Wood’s flagship Ark Innovation ...
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Wall Street is paying record premiums for the tech sector’s stocks while its workforce keeps losing ground.
US stock market rose Friday as a strong April jobs report and peace deal progress lifted risk appetite into the close.
The S&P 500 and Nasdaq were chasing fresh highs on Friday after the unemployment rate held steady in April. The S&P was up 0.5%. The Nasdaq was up 0.6%. The Dow rose 220 points, or 0.4%. The S&P and Nasdaq were on pace for record closing highs.