News

(Updates with index/price moves and macroeconomic data from the first paragraph.) US equity index

(Updates with index/price moves, macroeconomic data, and company news from the first paragraph.)

The benchmark 10-year Treasury yield topped 4.7% on the day, its highest level since January 2025.

Stock Market Today: The Dow Jones index rises Thursday ahead of key inflation data. Meta stock plunges on earnings.

Wall Street futures pointed higher pre-bell Thursday after tech colossus Microsoft (MSFT) reported s

(Updates with index/price moves and Federal Reserve/geopolitical news from the first paragraph.)

(Updates with index/price moves and Fed/company/geopolitical news from the first paragraph.) US e

Chip stocks fell for a fourth straight day, dragging the Nasdaq, as investors rotated into consumer staples and financials

Most software companies are expected to show a slowing pace of sales growth over the next two years. Oracle and DigitalOcean are among the exceptions.

Alphabet hiked its 2026 capex spending outlook in its earnings call shortly after market close.

The Philadelphia Semiconductor Index jumped over 5%, its best single-day gain in a month, as bargain buyers piled onto semiconductor stocks.

Wall Street futures pointed moderately higher pre-bell Monday as traders assessed values after recen

US equity investors will focus on mega-cap Q2 earnings this week while keeping an eye on geopolitics

Stock Market Today: The Dow Jones index wavered Wednesday ahead of key inflation data. ASML stock jumped on earnings.

ASML raised its sales outlook for the second time this year, lifting semiconductor stocks even as oil prices climbed on renewed U.S. military action

Wall Street futures were mixed pre-bell Tuesday as tech shares somewhat recovered from Monday's rout

Emily Roland, Co-Chief Investment Strategist at Manulife John Hancock Investment Management, delivered a two-sided message on CNBC this morning: the fundamentals underpinning technology stocks are the strongest she has ever seen, yet the concentration those returns have created is rewriting the risk profile of nearly every diversified portfolio. Her framing captured the current market in ... Top Wall Street Strategist: Tech Earnings Are the “Best I’ve Seen in My Career.” Here’s the Catch.

S&P 500 and Nasdaq-100 futures also rose Monday, with traders eyeing Fed minutes due Wednesday from Chair Kevin Warsh's first meeting

Morgan Stanley’s Chief Investment Officer and Chief U.S. Equity Strategist Michael Wilson appeared on CNBC this morning with a framing that should give every AI-chip investor pause. The 2026 semiconductor rally, in his read, looks like the next leg of a commodity rotation set off by Fed money printing, with the AI structural story riding ... Morgan Stanley’s CIO: Chip Stocks Following Rare Earths and Gold As Next “Commodity Boom.” Here’s Why That Should Worry You.

Broader tech sell-off continued on Wednesday as investors awaited Micron earnings to judge the demand for AI and memory chips.

CJ Muse went on CNBC this morning and made the case that the memory cycle most investors are watching does not actually peak where they think it peaks. “The real takeaway for memory is that supply is going to be even tighter in 27 than 26,” the Cantor Fitzgerald semiconductor analyst said, “and because of ... Cantor’s CJ Muse Says a 2027 Memory Squeeze Could Power Micron’s Earnings Through 2028

<p>In the first full week of trading post-SpaceX IPO, and the first week for leveraged SpaceX ETFs, money into U.S. equity ETFs dominated the market, netting over $83 billion in flows. </p>

Just look at what happened the last time the New York Knicks won it all.

The VanEck Semiconductor ETF (NYSEARCA:SMH) closed Friday at $599, capping a stretch in which SMH has returned roughly 146% over the past year and tacked on nearly 20% in May alone. SMH is up about 66% year to date, and the rally has been driven less by NVIDIA than most holders assume. Because the fund ... SMH ETF Investors: Watch Hyperscaler Capex Guidance at July Earnings Calls

Wall Street woke up Monday to a session where the bond market is calling the shots. A stronger-than-expected jobs report and sticky inflation worries pushed Treasury yields higher, forcing investors to rethink expectations for Federal Reserve rate cuts. Yet across a CNBC segment featuring two strategists with very different lenses, their verdict on one corner of the market ... The Bond Market Is Forcing the Fed to Cut Rates. But Wall Street CIO Says “The Semi Trade is Very Much Intact.”

<p>Nvidia reports fiscal Q1 2027 earnings Wednesday after the close, with analysts expecting $79 billion in revenue. The result will ripple across <strong>QQQ</strong>, <strong>SMH</strong>, <strong>SOXX</strong>, and every other ETF with significant Nvidia exposure — and some have far more on the line than others.</p>

The U.S. might be facing a testy economic backdrop, with the Iran War, worries about oil rationing, and a return of inflation, but the market continues to soldier onward and upward. The market has clung onto one balloon in particular: chipmakers. From its March lows, the VanEck Semiconductor ETF ...

Stock Market Today: The Dow Jones index rose Friday ahead of the April jobs report. Coinbase and Cloudflare dived on earnings.

For years now, Wall Street pundits have been talking about the “AI trade.” But exactly what they’re referring to isn’t always clear.

Fresh off a record close on Tuesday, the Nasdaq was soaring to fresh highs on Wednesday after Advanced Micro Devices’ earnings report kept the chip rally rolling. The Dow was up 461 points, or 0.9%. The S&P and Nasdaq only need to close above yesterday’s level to establish new record closing highs.