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Wall Street Keeps the Faith in Tech Stocks, Nasdaq Inches Higher
Barrons.com30d agoneutral
Wall Street Keeps the Faith in Tech Stocks, Nasdaq Inches Higher

Stocks are on the rise as Wall Street shakes off Iran war worries and looks ahead to earnings season. The Nasdaq gained 0.2%, and the S&P 500 rose 0.2%. The Dow ticked 0.1% higher. The tech-heavy index clawed back from the red during Wednesday’s session, as did the PHLX Semiconductor Index.

Here Are Thursday’s Best Wall Street Analyst Research Calls: Align Technology, American Tower, Caesars Entertainment, Cohu, Five Below, Intuitive Surgical, Salesforce, Toast, and More
24/7 Wall St.30d agoneutral
Here Are Thursday’s Best Wall Street Analyst Research Calls: Align Technology, American Tower, Caesars Entertainment, Cohu, Five Below, Intuitive Surgical, Salesforce, Toast, and More

Pre-Market Stock Futures: Futures are trading mixed after another tough day across Wall Street, with all the major indices crushed early on, before the Nasdaq made a late-afternoon push to wind up just modestly higher at 25,870, up 0.20%. The S&P 500 also rallied in the afternoon, erasing a big deficit, to finish the session ... Here Are Thursday’s Best Wall Street Analyst Research Calls: Align Technology, American Tower, Caesars Entertainment, Cohu, Five Below, Intuitive Surgical, Salesforce, T

This Earnings Season Is the Stock Market’s Biggest Test
Barrons.com30d agoneutral
This Earnings Season Is the Stock Market’s Biggest Test

Baseball legend Tommy Lasorda, the former Los Angeles Dodgers manager who won two World Series, didn’t have much time for the idea of “pressure” in professional sports. Stock markets are different matter, however. The looming second-quarter earnings season—set against the pullback in big tech stocks, the resurgence of global geopolitical risks, and the specter of renewed inflation—has investors on edge.

Chip titan SK hynix to set price for mega US listing
AFP30d agoneutral
Chip titan SK hynix to set price for mega US listing

South Korean chip giant SK hynix is expected on Thursday to set the price for its mega US listing that could be one of the world's largest stock sales.SK hynix has said proceeds from the offering will be used to fund new chip factories to ease shortages.

S&P 500 ends down after Trump says Iran deal is 'over'
Reuters Videos30d agoneutralVIDEO
S&P 500 ends down after Trump says Iran deal is 'over'

<body><p>STORY: U.S. stocks finished mostly lower on Wednesday, with the Dow dropping about 1% and the S&P 500 shedding more than a quarter of a percent. The Nasdaq, however, ticked up two-tenths of a percent.</p><p>Speaking at a NATO summit, President Donald Trump said an interim deal aimed at ending the war with Iran was "over," and warned that the U.S. would likely carry out additional strikes Wednesday night.</p><p>Trump's comments marked the latest setback in talks that have swung between threats of escalation and hopes for diplomacy, leaving investors wrong-footed by many false starts toward a peace deal.</p><p>Chris Brigati, chief investment officer at SWBC says investors should expect more market volatility ahead.</p><p>"The market got complacent. We had a lot of news coming out of the Middle East, out of Washington D.C. where there was going to be progress and peace talks, and then there was, and then there wasn't. And now it's back on again and off again. Those challenges have made it very difficult to manage these waters. And ultimately what it does is it creates volatility, and volatility creates opportunity - that's a good thing - but it's hard to be able to manage through all the volatility."</p><p>:: Archive</p><p>Oil prices jumped following Trump's remarks, with Brent crude futures settling up more than 5%.</p><p>Among Wednesday's stock moves, SpaceX fell below its debut trading price of $150 for the second day in a row to record its lowest close since its June 12 public offering.</p><p>On the flipside, shares of Broadcom rallied more than 4.5% after Apple said it plans to spend more than $30 billion as part of a chip-supply agreement reached earlier this week with the chipmaker.</p><p>:: Nvidia</p><p>And shares of Nvidia rose more than 3.5% after The Information&nbsp;reported that China plans to allow its top AI firms to buy a limited number of the company's H200 chips.</p><p>Elsewhere in the market, energy price-sensitive travel stocks fell as higher oil prices stoked concerns over fuel costs and demand. United Airlines and Delta Air Lines both slipped, as did cruise operators&nbsp;Carnival and Norwegian Cruise Line.</p></body>