(Updates with latest market prices and developments.) US benchmark equity indexes were higher int
Notícias
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A weak stock market wouldn’t be the only painful outcome of a Mag Seven collapse. It could also risk tipping the economy into recession.
Intel Stock Slides as Chip Sector Pullback Hits Ahead of Earnings
Meta stock’s gains are leading the S&P 500 and the Magnificent Seven on Friday. The S&P 500 was up 0.2%, and the Dow gained 0.2%. The tech-heavy Nasdaq was up 0.1%. Meta stock was up 5.8%, adding to its best week since 2024, according to Dow Jones Market Data.
The FTSE 100 closed at 10,497.29, up some 24.84 points.
$150 billion That's about how much net income analysts expect SK Hynix to make this year. But projected revenue increases slow down after 2026, according to FactSet, writes the Journal's Asa Fitch. So the Nasdaq's newest and buzziest stock may not be quiet as cheap as it looks.
(Updates with index/price moves and company/geopolitical news from the first paragraph.) US equit
SK Hynix made its U.S. trading debut with its American depositary receipts listing on the Nasdaq. The Korean memory chip maker ADR opened 14% above its offer price. The three major indexes were narrowly mixed.
Globalharvest Holdings bought 1.18 shares of Mission Produce for about $15.8 million. The buy comes after avocado demand hits record highs and the acquisition of Calavo Growers.
SK hynix just pulled off a blockbuster Nasdaq debut, yet investors searching for the stock are coming up empty. The reason has nothing to do with the IPO falling apart.
By Nell Mackenzie and Pete Schroeder LONDON/WASHINGTON, July 10 (Reuters) - Global stocks rose on Friday but Wall Street opened in mixed territory, as AI-related enthusiasm over the market debut of
Investing.com -- SK Hynix shares were indicated to open about 21% higher in their U.S. trading debut on Friday after the South Korean memory chipmaker raised $26.5 billion in one of the largest U.S. equity offerings on record, setting up a key test of investor appetite for artificial intelligence-linked semiconductor stocks following a recent sector pullback.
There were multiple recent catalysts that sent Meta stock higher from reports that the company plans to rent out its surplus compute to Mark Zuckerberg announcing the release of Muse Spark 1.1, and a reported internal memo about expanding its computing capacity and a new AI chip through a partnership with Broadcom. The Roundhill Magnificent Seven ETF was up 1.2%, mostly thanks to Meta’s climb.
The Nasdaq is wobbling after Thursday’s tech-led rally sent all three major indexes higher. The tech-heavy index was flat shortly after the open. The Dow was up 139 points, or 0.3%, while the S&P 500 was up 0.
Jeffery Hirsh of the Stock Trader’s Almanac notes that the typically enjoys a 12-day rally that begins in late June and runs until mid-July. This year’s vintage will likely expire on July 14, just as JPMorgan Chase kicks-off the bulk of the bank and financial earnings reporting for the second quarter. “Since 1985, the Nasdaq has averaged 2.5% over this 12-trading-day window, with a median advance of 2.9%,” he said in a recent blog post.
Derivatives exchange Cboe Global Markets expects to list options on SK Hynix's U.S.-listed shares two business days after the stock's trading debut, a source familiar with the matter told Reuters on Friday. The South Korean chipmaker, which raised $26.5 billion in share sale, is set to make its Wall Street entry later in the day. SK Hynix, which is valued at about $1.03 trillion based on its South Korea-listed shares, did not immediately respond to a Reuters request for comment.
For the first time ever, the tech-heavy Nasdaq Composite has triggered the Hindenburg omen 11 times in a single month.
Ahead of the bell Expect a torpid start to the final trading day of the week. S&P 500 futures were flat on Friday, holding on to a week that has gone the index's way despite a wobble in semiconductors ahead of the opening bell. Nasdaq 100 futures slipped 0.2%, while Dow Jones...
Jeffery Hirsh of the Stock Trader’s Almanac notes that the typically enjoys a 12-day rally that begins in late June and runs until mid-July. This year’s vintage will likely expire on July 14, just as JPMorgan Chase kicks-off the bulk of the bank and financial earnings reporting for the second quarter. “Since 1985, the Nasdaq has averaged 2.5% over this 12-trading-day window, with a median advance of 2.9%,” he said in a recent blog post.
US equity futures were mixed pre-bell Friday as traders took note of the US market debut of South Ko
The stock market's biggest catalyst may bring about its own demise.