Samsung results spark declines across semiconductor sectorMicron Technology (NASDAQ:MU) shares fell 4. 9% in premarket trading on Tuesday, extending a broader decline across the memory semiconductor industry after Samsung Electronics’ latest earnings update prompted selling throughout the sector.
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Brace for volatility as SpaceX joins the Nasdaq-100, Waller defends Fed’s use of forward guidance, and more news to start your day.
Space Exploration Technologies (SPCX) has just been added to a wide range of Russell indexes, including the Russell 1000, 3000, and Top 200 families. For investors, this broad index inclusion matters mainly because it can influence how much passive capital tracks the stock over time. See our latest analysis for Space Exploration Technologies. Over the past week, Space Exploration Technologies’ 7 day share price return declined 6.11% and its year to date share price return is slightly...
U.S. chip shares trade sharply lower premarket, extending the reach of a global wobble in artificial intelligence-related stocks following Samsung's quarterly update. Micron Technology and Intel fell around 6% and 4%, respectively Applied Materials and Lam Research, both major suppliers to Samsung--each lost around 5%.
Tech looked set to struggle on Monday as investors dumped chip makers and a host of other stocks that have benefited from the AI boom. Futures tracking the Nasdaq 100 were 0.9% lower, dragged down by heavyweights including memory-chip maker Micron and semiconductor manufacturer Intel.
By Amanda Cooper LONDON, July 7 (Reuters) - Global stocks fell on Tuesday as technology shares slid despite blockbuster results from Samsung Electronics, with investors remaining concerned about the
SpaceX's recent pullback may not be over, but for long-term investors, the smarter move could be changing how you buy the stock rather than whether you buy it at all.
The recalls cover Mustang wiper issues and Mustang Mach-E drivetrain parts.
(Bloomberg) -- China’s securities regulator said it was monitoring developments in a US lawsuit after Susquehanna International Group alleged insider traders made at least $100 million from well-timed options bets before Beijing’s recent crackdown on illegal cross-border trading. Most Read from BloombergGreece Offers Bounty to Catch Ravenous Fish Lured by Warming SeaMicrosoft’s Xbox to Cut 3,200 Jobs, Divest Five Studios in Major OverhaulTwo Millennium Trading Pods Made About $3.7 Billion Last M
Four US states seek $1.4 trillion from Meta over teen addiction claims. See why Meta stock barely moved on the news.
Blackstone stock reacts to multi-index value benchmark additions Blackstone (BX) has been added to several Russell value benchmarks, including the Russell 1000 Value and Russell Top 200 Value indices. This development is drawing fresh attention to how investors may view the stock within the value segment. See our latest analysis for Blackstone. Blackstone’s recent inclusion across Russell value benchmarks comes after a mixed price pattern, with the share price up 7.4% over the past week but...

<body><p>STORY: Walmart said Monday it would cut prices on many summer barbecue favorites, including meat, chips and soda.</p><p>The move comes after U.S. President Donald Trump said the retailer was acting at his administration's request.</p><p>In a Truth Social post, he said Walmart would be lowering prices significantly, "to celebrate our great Country's 250th birthday."</p><p>Trump said the firm would, “be dropping the price for a pound of ground beef by almost 15%.”</p><p>Walmart said in a statement that the price of one pound of 73% ground beef roll would drop to $5.94 from $6.74 in its stores, a decline of about 12%.</p><p>The retailer also said it lowered prices on items including Coca-Cola and PepsiCo sodas and chips.</p><p>Prices for steaks and hamburger meat soared after a persistent drought burned pasture lands and hiked costs of cattle feed, forcing U.S. ranchers to slash their herds.</p><p>Now the price cuts mark a notable shift from last year, when Walmart warned that tariffs would push some prices higher, a move Trump had rebuked.</p><p>The president had previously encouraged low-tariff imports of Argentine beef to cool U.S. prices, which angered American ranchers.</p><p>He had also directed the Department of Justice to investigate whether U.S. meatpackers were colluding to raise prices.</p><p>Walmart is widely viewed by economists and investors as a gauge of U.S. consumer health because of its size and broad customer base.</p></body>
The delay to Nvidia Corp's (NASDAQ:NVDA, XETRA:NVD) Kyber rack tells a bigger story than a single slipped product date. For three years, the chip designer has shipped a new generation of artificial intelligence hardware every year, a drumbeat that competitors could not match and investors...
President Donald Trump announced that Walmart Inc. (NASDAQ:WMT) will be significantly reducing prices at the request of his administration. In a Truth Social post on Monday, Trump announced the move to commemorate the 250th anniversary of the United States. The initiative includes price reductions on several products, including a nearly 15% cut in the price of a pound of ground beef. “Walmart is stepping up in a big and bold way, and other Retailers should follow the lead of these absolute Patri
7.47am: Shell gives pre-results update Shell says stronger trading in its integrated gas business and improved refining margins should support second-quarter performance, although production has been hit by disruption to output from Qatar following the Iran war. Ahead of second-quarter...
SpaceX joins the Nasdaq-100 before Tuesday's open as index funds buy in, even as SPCX trades around 29% below its peak.
Microsoft’s Game Pass has around 30 million users, well below the company’s internal projection of 77 million, the Wall Street Journal reported, citing a source.
Vistry Group is back in focus after fair value estimates were cut from £5.18 to about £3.15 and several analyst price targets reset into a tighter range between roughly £2.10 and £3.40. Those revised targets, including more upbeat views clustered around £2.63 to £2.70, reflect fresh debate on how current margins, incentive use and cash generation compare with what the share price already prices in. Read on to see what is driving this shifting narrative and how to keep track as new data and...
Asian equities fell as renewed selling in technology stocks, including Samsung Electronics Co. and SK Hynix Inc., deepened concerns that the AI-driven rally may have run ahead of itself. Futures for the tech-heavy Nasdaq 100 Index retreated 1.1%, suggesting Monday's rebound on Wall Street was losing momentum. European shares were also set for losses. Bloomberg's Avril Hong and Mark Cranfield report.
Traders are watching for the 80th event, data lock and topline results, while some are also speculating about potential M&A.
China's Alibaba will bar employees from Anthropic's Claude Code, citing back-door security risks and mandating Qoder.
Cryptocurrency analyst Ali Martinez drew a parallel on Monday between the recent events surrounding Michael Saylor’s Strategy Inc. (NASDAQ:MSTR) and the 2022 collapse of cryptocurrency exchange FTX. Strategy And FTX: Similarities? In an X post, Martinez noted the sequence of events that led to the downfall of FTX in 2022, starting with Binance’s (CRYPTO: BNB) announcement to liquidate its remaining FTT holdings, the exchange’s native token. This was followed by a surge in withdrawals, an $8 bill
Asian shares have retreated, with South Korea's Kospi shedding nearly 8% despite a rebound for AI stocks that lifted stocks on Wall Street. Oil prices rose and U.S. futures were mixed. In Seoul, the Kospi lost 7.6% to 7,444.13 as shares in both Samsung Electronics and SK Hynix slumped 8.7%.
Uber Technologies stock reacts to index reshuffle Uber Technologies (UBER) has just been added to several Russell value benchmarks, including the Russell 1000 Value and Russell Top 200 Value, while being removed from the Russell Top 50 Index. This reshuffle links Uber more directly to value oriented index funds and ETFs. For investors, the key questions are how this changes potential flows around the stock and what it suggests about how the market is classifying Uber today. See our latest...
Samsung’s stock slid in Korea even as the company posted stellar Q2 preliminary results; retail traders believe strong performance was already priced into the shares.
Leading cryptocurrencies moved sideways on Monday as high-profile Bitcoin sell-offs were offset by growing optimism for a Strategic Bitcoin Reserve. Cryptocurrency24-Hour Gains +/-Price (Recorded at 9:50 p.m. EDT)Bitcoin (CRYPTO: BTC)+0.63%$63,925.65Ethereum (CRYPTO: ETH) +0.52%$1,794.35XRP (CRYPTO: XRP) -0.88%$1.14Solana (CRYPTO: SOL) +0.44%$81.97Dogecoin (CRYPTO: DOGE) -1.95%$0.07618 Bitcoin Dips And Then Rips Bitcoin dipped to the mid-$61,000 range in early trading after Strategy Inc. (NASDAQ
Tech investor Dan Niles on Sunday said that the recent pullback in AI semiconductor stocks is a temporary setback rather than the end of the artificial intelligence rally, arguing that long-term demand remains intact despite growing investor concerns. AI Chip...