Netflix stock has fallen 28% this year. Still, Phillip Securities analyst Helena Wang upgraded shares of Netflix to Buy on Monday.
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The parabolic AI trade has sent many chip stocks to the moon, as investors have bet that hyperscalers such as Google, Microsoft, Amazon, and Meta will continue to aggressively expand AI capital expenditures. However, the rally now faces significant headwinds, with valuation and revenue sustainability concerns resurfacing amid rising competition from cheaper Chinese models. The […]
Tech stocks rallied on Monday while industrials stumbled. The major indexes can't agree on a direction today. Here's why.
(Updates with index/price moves and geopolitical news from the first paragraph.) US equity indexe
Middle East tensions, AI-driven tech weakness and stock-specific swings fueled big moves in leveraged ETFs. Here's a look at last week's top performers.
Boeing investors will have a lot of news to digest this week. They should focus on supply chain updates.
July 20 (Reuters) - Wall Street's main indexes opened higher on Monday, as chip stocks recovered from last week's pullback and investors awaited a key slate of earnings from major technology companies
The Dow opened up 0.3% or 145 points. Chip stocks led the declines, with the same names leading the market year-to-date seeing the most dramatic losses. The Big Tech results could further catalyze the rotation out of tech or jump start a rebound from a rout that’s run too far.
Wall Street closed sharply lower on Friday, pulled down by tech and discretionary stocks.
Tesla reports second quarter earnings on Wednesday and Elon Musk is teasing more technology improvements.
U. S. stock index futures traded modestly higher on Monday as investors balanced escalating geopolitical tensions in the Middle East against a busy week of corporate earnings led by several of America’s largest technology companies.
Stocks looked set to edge higher on Monday as investors bought the dip in tech, even after the U.S. and Iran traded more strikes over the weekend. Nasdaq 100 futures added 0.4%. Dow Jones Industrial Average futures were up 68 points, or 0.1%.
Headline inflation is expected to drop for a second consecutive month -- but this is far from the full story.
Retired Adm. James Stavridis told CNN on Sunday that Trump now has three options, and "and none of them are good."
It’s a heavy earnings week, with results also coming in from Halliburton, 3M, AT&T, Blackstone, and more. On the economic front, we’ll see data on jobs, new-home sales, and industry purchasing activity.
The new Fed chair's top priority is a double-edged sword for the second-priciest stock market in history.