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<body><p>STORY: Stocks started the week on a down note, with the Dow falling about six tenths of one percent, while the S&P 500 dropped two tenths and the Nasdaq ended basically flat.</p><p>:: Archive</p><p>Investors looked for moves toward de-escalation in the Middle East while they waited for earnings reports due from major technology companies later in the week.</p><p>Melissa Brown, managing director of investment decision research at SimCorp, says the technology firms will have to post significant earnings growth to maintain their lofty trading levels. </p><p>“Every company, whether it's Google or Tesla, obviously they have very different business models and different drivers of their business. But overall, I think to justify the high valuations that we see in a lot of those names, we would need to see good earnings growth, not just kind of your run-of-the-mill 10%, but you'd want to see higher earnings growth on top of good margins as well. So, we want the businesses to be profitable and growing.”</p><p>:: Archive</p><p>Meanwhile, Yemen's Iran-aligned Houthis said on Monday that they were imposing a naval blockade on Saudi Arabia, opening a new front in the U.S.-Iran war and widening the threat to global energy supplies and trade beyond the Gulf. </p><p>But a senior Iranian official told Reuters that mediators have passed Iran a proposal to de-escalate the war with the U.S. that would offer a 10-day ceasefire to find ways to revive an interim deal reached last month.</p><p>Stocks on the move included Paramount Skydance which lost two percent and Warner Brothers Discovery which slipped almost four percent after a judge halted their $110 billion merger temporarily as a coalition of states argued it would irreparably harm competition.</p><p>And shares of Domino’s Pizza gained two percent after the chain’s quarterly revenue edged past Wall Street estimates.</p></body>
Pan American Silver (PAAS) closed the most recent trading day at $42.19, moving +1.01% from the previous trading session.
In the closing of the recent trading day, Ouster, Inc. (OUST) stood at $34.77, denoting a -6.13% move from the preceding trading day.
Itron (ITRI) reached $84.37 at the closing of the latest trading day, reflecting a -1.88% change compared to its last close.
Garmin (GRMN) closed the most recent trading day at $244.79, moving 1.91% from the previous trading session.
Rithm (RITM) closed the most recent trading day at $9.2, moving 1.29% from the previous trading session.
Valero Energy (VLO) reached $313.31 at the closing of the latest trading day, reflecting a +1.18% change compared to its last close.
Vital Farms (VITL) reached $13.76 at the closing of the latest trading day, reflecting a +1.55% change compared to its last close.
In the closing of the recent trading day, Vertex Pharmaceuticals (VRTX) stood at $480.5, denoting a -1.06% move from the preceding trading day.
Williams-Sonoma (WSM) closed the most recent trading day at $223.34, moving 2.22% from the previous trading session.
United Parcel Service (UPS) closed the most recent trading day at $113.15, moving 3.88% from the previous trading session.
A chip-stock rebound lost steam Monday as artificial-intelligence anxieties and Mideast tensions weighed on markets. Major U.S. stock indexes edged lower, with the Dow industrials leading losses. The Dow dropped 0.6%, or 307 points, while the S&P 500 fell 0.2%.
US equity indexes ended lower on Monday as crude oil prices rose amid escalating attacks by the US a
It seems the stock market just couldn’t hold onto to today’s gains. After spending most of Monday’s trading day in the green, the S&P 500 closed lower. The S&P 500 was down 0.2% while the Dow fell 0.6% or 305 points.
Energy stocks rose late Monday afternoon, with the NYSE Energy Sector Index rising 0.7% and the Stat
(Updates with index/price moves and geopolitical news from the first paragraph.) US equity indexe
Stocks were mixed ahead of Monday's closing bell after all three major indexes opened the session in the green. The Dow was down 0.6% or 300 points and the S&P 500 wavered at the flatline. Both indexes erased gains from the morning.
Energy stocks were higher Monday afternoon, with the NYSE Energy Sector Index rising 0.6% and the St
(Updates with index/price moves, macroeconomic data and company/geopolitical news from the first par
Netflix stock has fallen 28% this year. Still, Phillip Securities analyst Helena Wang upgraded shares of Netflix to Buy on Monday.
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 […]