Major digital assets were weaker Tuesday, with Bitcoin (BTC-USD) holding above the $63,000 level.
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(Updates with index/price moves and company/political news) US equity indexes slumped after chipm
Energy stocks were higher late Tuesday afternoon, with the NYSE Energy Sector Index rising 2.6% and
SCHA's broader portfolio delivered stronger one-year returns, while SPSM offers a higher dividend yield and lower volatility.
Energy stocks were higher late Tuesday afternoon, with the NYSE Energy Sector Index rising 2.6% and
Yahoo Finance Markets and Data Editor Jared Blikre takes a closer look at the memory chip trade — particularly the intraday performances of Micron Technology (MU), SK Hynix (000660.KS), and Samsung (005930.KS) — as these three big names have seemingly dragged the sector into a bear market.
Yahoo Finance Markets and Data Editor Jared Blikre takes a closer look at the memory chip trade — particularly the intraday performances of Micron Technology (MU), SK Hynix (000660.KS), and Samsung (005930.KS) — as these three big names have seemingly dragged the sector into a bear market.
Dow Jones payments leader Visa stock is in a new buy zone, while Arista Networks shares are approaching their own entry.
Energy stocks were higher Tuesday afternoon, with the NYSE Energy Sector Index rising 1.7% and the S
The big three stock market indexes are down, but it’s not as bad as it looks. The Dow was down 150 points, or 0.3%. Low volatility and value stocks were leading the market, while momentum, growth, and risk were all struggling.
Samsung posted a 19-fold profit increase and investors said "cool, we're selling anyway," dragging the Nasdaq Composite index deep into the red.
The announcement comes after Palantir Technologies stock fell 25% in June, marking its worst month since February 2021.
The FTSE 100 closed up 14.11 points, 0.1%, at 10,665.88.
The Dow is down 200 points, or 0.4%, following the Nasdaq and S&P 500 deeper into the red. Caterpillar stock was the worst-performing Dow component, down 5.6%. The construction equipment company, which has become an AI infrastructure play, dropped after announcing its acquisition of mining solutions company, Skycatch.
Caterpillar stock is down 5.4% on its latest acquisition, dragging the Dow lower. The stock, which has emerged as an unexpected AI play amid the infrastructure buildout, was the worst performer in the blue-chip index.
Shares of Intel (NASDAQ:INTC) are down 10% in Tuesday morning trading to $110, while Advanced Micro Devices (NASDAQ:AMD) stock is off 8% to $508. The moves cap a sharp reversal after both names rallied Monday. The declines are part of a broader chip selloff triggered by Samsung Electronics’ quarterly report. Equipment maker Applied Materials (NASDAQ:AMAT) ... Intel and Applied Materials Dive 10%, AMD Craters 8% as Samsung Earnings Trigger Chip Selloff
The Nasdaq tumbled on Tuesday to continue a turbulent time for chip stocks. The tech-heavy index fell 1.3%. The S&P 500 dropped 0.5% and the Dow fell 70 points, or 0.1% amid a reversal of yesterday’s chip-stocks rally.
July 7 (Reuters) - The Nasdaq opened lower on Tuesday amid declining chip stocks, with investors questioning the momentum of the AI-led rally despite Samsung's strong earnings, while a report on
Stock Market Today: The Dow Jones index rose, while tech futures sold off amid Samsung earnings. Micron and Sandisk plunged.
Futures are pointing to a mixed open for major indexes as tech stocks retreat after posting big gains to start the week. Here’s what investors need to know today.
US markets are set for a mixed open on Tuesday, with technology stocks expected to come under pressure after Samsung delivered record quarterly profits that still failed to satisfy investors, raising fresh questions about AI valuations. Nasdaq futures were down 1.1% ahead of the opening bell,...
Investing.com - U.S. stock futures hovered around the flatline on Tuesday as investors weighed the durability of the artificial intelligence rally alongside renewed tensions in the Middle East.