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Megacap Tech Lifts U.S. Stocks
The Wall Street Journal72d agoneutral
Megacap Tech Lifts U.S. Stocks

FINANCE U.S. stocks edged higher Wednesday as gains in megacap technology names offset weakness in chip stocks. PayPal surged on reports of a takeover offer and another round of strong bank earnings kept Wall Street in an upbeat mood.

Tech Stocks Are on the Rise Despite the Chip Dip
Barrons.com73d agoneutral
Tech Stocks Are on the Rise Despite the Chip Dip

Hardware names, including chip stocks, are having a tough trading session, but some of the biggest tech companies are climbing higher. The Nasdaq was up 0.5%, while the S&P 500 rose 0.3%, and the Dow increased 0.3% or 151 points. The Nasdaq leading gains would suggest that tech is outperforming, but under the surface things are a bit more complicated.

SpaceX Shares Fall Below IPO Price for the First Time
The Wall Street Journal73d agobearish
SpaceX Shares Fall Below IPO Price for the First Time

Shares slipped 2.5% to $132.72 in recent trading. Over the past month they have edged lower; even SpaceX’s addition to the Nasdaq-100 index didn’t boost them. SpaceX is hardly the first big IPO to struggle in early days or weeks of trading.

Indexes Wobble Near Flatline. Wall Street Is in Wait-and-See Mode.
Barrons.com73d agoneutral
Indexes Wobble Near Flatline. Wall Street Is in Wait-and-See Mode.

The stock market is looking for direction, dropping into the red in midday trading following a green open. The S&P 500, Nasdaq, and Dow are wobbling at the flatline. Equities are looking for direction in the early stages of the earnings season in what Nationwide Investment Management Group's chief market strategist Mark Hackett called "wait-and-see mode."

Tech stocks wobble, oil prices slip back
AFP73d agoneutral
Tech stocks wobble, oil prices slip back

Tech stocks initially led gains but turned lower in mixed equity markets on Wednesday while oil prices slipped back from recent gains that had accompanied fresh US attacks on Iran.While tech stocks led the gains in Asia, tech stocks were down overall on Wall Street, with the Philadelphia semiconductor sector index that includes leading chipmakers down more than four percent.

Factorial Energy Eyes Solid-State Battery Scale-Up After Nasdaq Debut
MarketBeat73d agoneutral
Factorial Energy Eyes Solid-State Battery Scale-Up After Nasdaq Debut

Factorial Energy (NASDAQ:FAC) is focusing on execution, customer validation and a capital-light manufacturing strategy following its recent Nasdaq listing, CEO and co-founder Dr. Siyu Huang said during a fireside chat hosted by Eric Goldstein, managing director at Water Tower Research. Huang descri

Most Stocks Are Taking Part in Today's Rally
Barrons.com73d agobullish
Most Stocks Are Taking Part in Today's Rally

The majority of stocks are participating in the stock market rally today. Market breadth is positive, with more components within the S&P 500 up than down. The same is true for the Nasdaq and the Dow.

Stock Futures Rise on Cooler Producer Inflation
Barrons.com73d agoneutral
Stock Futures Rise on Cooler Producer Inflation

A cooler-than-expected PPI print helped solidify stock futures' climb into the green. Nasdaq futures led, up 0.6%. S&P 500 futures and Dow futures both rose 0.2%. June's producer price index came in at 5.

Here Are Wednesday’s Top Wall Street Analyst Research Calls: Allstate, AMC Entertainment, Boeing, CAVA Group, Check Point Software, Digital Realty Trust, FedEx, IBM, UPS, and More
24/7 Wall St.73d agoneutral
Here Are Wednesday’s Top Wall Street Analyst Research Calls: Allstate, AMC Entertainment, Boeing, CAVA Group, Check Point Software, Digital Realty Trust, FedEx, IBM, UPS, and More

Pre-Market Stock Futures: Futures are trading higher after a nice bounce-back day for Wall Street, as a tepid June consumer price index report, combined with the President dropping the big Strait of Hormuz tolls, brought buyers back to the table. When the final bell rang, all of the major indices finished the day higher. The ... Here Are Wednesday’s Top Wall Street Analyst Research Calls: Allstate, AMC Entertainment, Boeing, CAVA Group, Check Point Software, Digital Realty Trust, FedEx, IBM, UPS