ON Semiconductor Corp. (ON) concluded the recent trading session at $117, signifying a -3.23% move from its prior day's close.
News
High-signal headlines only - macro events, earnings, M&A, regulatory. Listicles and analyst clickbait filtered out by default. Refreshed hourly.
In the closing of the recent trading day, Interactive Brokers Group, Inc. (IBKR) stood at $86.33, denoting a -1.17% move from the preceding trading day.
The latest trading day saw GE Vernova (GEV) settling at $920.15, representing a -1.47% change from its previous close.
Shares of Marvell Technology, computer memory-maker Micron Technology and Advanced Micro Devices all fell sharply. Many investors may be moving portfolios out of stocks that have risen strongly this year to free up cash for the SpaceX IPO expected this week. Existing home sales in May came in ahead of forecasts.
The Dow Jones Industrial Average edged up 0.2%, and the Nasdaq composite sank 1%. Indexes swung lower after companies selling computer chips, memory and other building blocks of the AI boom broke from early gains to losses. The drops for AI stocks drowned out the benefit of lower oil prices, and most stocks in the S&P 500 rose.
The Nasdaq Composite reversed sharply at a key level on Tuesday in a move that suggests robots are running the market right now. Instead, the moves appeared to be driven by traders who implement technical analysis, chase momentum, and those who employ other quantitative analysis strategies such as commodity trading advisors. “May marked one of the strongest rebounds on record, with many indices posting historically strong 9-week rallies,” writes Mizuho’s Daniel O’Regan.
Top cryptocurrencies fell Tuesday, with Bitcoin (BTC-USD) dropping below the $62,000 level. The C
Dow Jones AI giant Nvidia stock tumbled to a key support level during Tuesday's stock market sell-off. A decisive bounce would be bullish.
Energy stocks were lower late Tuesday afternoon, with the NYSE Energy Sector Index falling 1.8% and
Monday's semiconductor rebound didn't last long. Apple's AI reveal and renewed chip weakness are dragging down the major indexes.
The Nasdaq is bouncing off its lows, but the market’s fear gauge is above a key level. The tech-heavy index is down 1.8% after falling more than 3.6%. The S&P 500 is down 0.9%. The Dow is down just 84 points, or 0.
Traders fleeing Friday's selloff took refuge in companies like Kleenex-maker Kimberly-Clark. On Tuesday, they're piling into peanut butter and home-improvement supplies. Shares in Home Depot were recently the Dow's best performers, while Jif-maker J.
Energy stocks were lower Tuesday afternoon, with the NYSE Energy Sector Index falling 1.4% and the S
Major indexes had opened higher on hopes for a U.S.-Iran deal, then reversed as tech stocks wiped out earlier gains
Energy stocks were lower Tuesday afternoon, with the NYSE Energy Sector Index falling 1.5% and the S
Chip stocks fell across the board, with the iShares Semiconductor ETF falling nearly 8% in Tuesday morning’s trade.
The Nasdaq turned suddenly lower Tuesday morning. The Dow was down 276 points, or 0.5%. A majority of S&P 500 stocks were rising, but highflying semiconductor and optical networking stocks were suddenly dragging down the index, rather than lifting it.
Rivian Automotive has started its Model 3 era. Investors are hoping the company’s Tesla -like strategy leads to Tesla-like returns in the coming years. Rivian said in a social media post Tuesday that its next electric-vehicle model the R2 SUV, “is here.”