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Latest Stock Market News
Latest Stock Market News
12:29am, Sunday, May 26, 2024
Nvidia (NASDAQ: NVDA) announces a 10-for-1 stock split after approaching the $1,000 mark. This move potentially opens investment opportunities to a broader audience while indicating the company's growth confidence. Despite the split, Nvidia's robust earnings, soaring demand, and strong future out...
03:43pm, Saturday, May 25, 2024
Apple (AAPL) shares have underperformed but surged 16% in the last month anticipating AI strategy revelations at WWDC on June 10. With a hybrid AI investment approach and potential for significant earnings growth, now could be an opportune moment for investors to consider AAPL.
02:33pm, Saturday, May 25, 2024
"Tech giants like Microsoft (MSFT) and Apple (AAPL) dominate today’s market with valuations of $3.2T and $2.9T, respectively. Broadcom (AVGO) is a rising star, set to potentially reach a $1T market cap by 2028, driven by its robust AI capabilities and rapid revenue growth."
01:35pm, Saturday, May 25, 2024
Home improvement giants Home Depot (NYSE: HD) and Lowe’s (NYSE: LOW) report declines as high borrowing costs and a sluggish housing market deter major renovations. Transactions over $1,000 fell 6.5% at Home Depot, while Lowe’s saw a 6.2% drop in sales. Homeowners are opting for budget-friendly DI...
12:28pm, Saturday, May 25, 2024
Cathie Wood of ARK Invest is doubling down on stocks like Shopify (NYSE: SHOP), Intellia Therapeutics (NASDAQ: NTLA), and Adaptive Biotechnologies (NASDAQ: ADPT) amid recent downturns. Discover why these investments hold high-risk, high-reward potential in your portfolio.
12:21pm, Saturday, May 25, 2024
Nvidia (NASDAQ: NVDA) CEO Jensen Huang hinted at a strategic shift beyond AI, causing a stir among investors. On May 22, 2024, Nvidia’s stock remains robust, but these revelations urge a reassessment. Traders should stay informed and flexible amid Nvidia's evolving ambitions.
12:13pm, Saturday, May 25, 2024
Alphabet (NASDAQ: GOOG, GOOGL) strengthens its $7 billion portfolio with significant investments in GitLab (GTLB) and Prime Medicine (PRME). GitLab, now Alphabet’s largest public holding, saw a 269% share increase, while Prime Medicine's stake rose by 27%. Both offer growth potential but come wit...
12:01pm, Saturday, May 25, 2024
Expect six key changes to Social Security in 2025: a modest COLA increase, higher payroll taxes for high earners, an uptick in maximum monthly benefits, increased disability income thresholds, higher early filer withholding limits, and tougher qualification criteria.
04:09am, Friday, May 24, 2024
The U.S. Securities and Exchange Commission (SEC) has granted approval for the NYSE and Nasdaq to list eight exchange-traded funds (ETFs) that hold Ether (ETH-USD). However, the SEC still needs to approve the necessary filings from money managers before these new products can start trading.
09:22am, Thursday, May 23, 2024
Amazon boosts Alexa with AI and a new subscription fee. U.S. jobless claims fall to 215,000. GM unveils the electric Chevrolet Equinox, starting at $35,000.
07:17am, Thursday, May 23, 2024
Xiaomi raises its SU7 electric vehicle sales target to 120,000 units for 2024, driven by strong demand and record quarterly revenue growth.
06:59am, Thursday, May 23, 2024
U.S. stock futures rise following Nvidia's earnings, but Fed minutes reveal cautious outlook on inflation. Investors await more evidence for rate cuts.
04:26am, Thursday, May 23, 2024
Taiwanese contract chipmaker TSMC, a key supplier for tech giants like Apple and Nvidia, projects a 10% annual revenue growth in the global semiconductor industry, driven by the surging demand for AI applications.
04:07am, Thursday, May 23, 2024
In a strategic move to enhance shareholder value, DuPont de Nemours Inc. (NYSE: DD) announced plans to split into three publicly traded companies. The decision marks a significant shift for the industrial giant and coincides with CEO Ed Breen stepping down from his role.
03:59am, Thursday, May 23, 2024
In an exclusive interview with Yahoo Finance, Nvidia (NASDAQ: NVDA) CEO Jensen Huang highlighted the intense demand for the company's AI chips and the ongoing supply challenges.
08:10am, Wednesday, May 22, 2024
Target issued a weak earnings forecast as cautious consumer spending continued, leading to an 8% drop in shares. The retailer's outlook contrasts with Walmart's positive results, highlighting its struggle to maintain market share.
06:49am, Wednesday, May 22, 2024
Nvidia's earnings report and Fed minutes are key market drivers today. UK inflation falls less than expected, and Tesla's European sales hit a 15-month low.
06:32am, Wednesday, May 22, 2024
AWS to invest €15.7B in Aragon, Spain, creating 17,500 jobs annually through 2033 and powering data centers with renewable energy.
04:35am, Wednesday, May 22, 2024
JPMorgan's Marko Kolanovic remains steadfast in his bearish outlook, forecasting a 20% drop in the S&P 500 to 4,200 despite recent record highs.
04:15am, Wednesday, May 22, 2024
In a move to attract investors seeking higher returns, Citigroup (NYSE: C) and several other major banks are issuing preferred stock with attractive 7% yields. This development presents a compelling opportunity for income-focused investors in a low-interest-rate environment.
02:06am, Wednesday, May 22, 2024
Nvidia’s Q1 earnings report anticipates a 200% rise in revenue to $24.69B and a 400% increase in profits with EPS at $5.65, driven by AI chip demand...
09:04am, Tuesday, May 21, 2024
U.S. stocks mixed as Nasdaq hits record high. Lowe's beats earnings expectations, and Bitcoin and Ether surge on ETF progress. Key premarket movers detailed.
08:40am, Tuesday, May 21, 2024
AstraZeneca (NYSE: AZN) plans to boost its revenue to $80 billion by 2030 with new drugs in oncology, biopharmaceuticals, and rare diseases, focusing on innovative cancer treatments.
08:10am, Tuesday, May 21, 2024
Macy's (NYSE: M) exceeded its modest Q1 expectations, sparking discussions about the company's future direction. As the retail giant navigates a challenging market, it weighs options for a potential turnaround or a buyout.
08:01am, Tuesday, May 21, 2024
Hedge funds and notable investors are capitalizing on the current low prices of Pfizer (NYSE: PFE) stock, showing increased interest in the pharmaceutical giant amidst market fluctuations.
07:56am, Tuesday, May 21, 2024
Palo Alto Networks shares tumbled after the company issued a lackluster sales forecast, raising concerns about future growth prospects. The cybersecurity firm's outlook missed analyst expectations, leading to a significant market reaction.
08:48am, Monday, May 20, 2024
The recent surge in GameStop shares cost investors $13.1 billion, surpassing the company's market value. This episode mirrors the 2021 meme stock craze, emphasizing the impact of social media on market dynamics.
08:40am, Monday, May 20, 2024
JPMorgan Chase updates 2024 revenue forecast; Apple discounts iPhones in China; AI innovations spotlighted at Dell and Microsoft events.
07:08am, Monday, May 20, 2024
Ryanair posts record annual profit of €1.92 billion as passenger numbers soar. Revenue rises to €13.44 billion despite higher operating costs.
06:47am, Monday, May 20, 2024
Gold reaches record $2,450 an ounce on Fed rate-cut hopes and Middle East tensions. Inflation data and strong demand also boost prices. Silver hits 2012 high.
06:39am, Monday, May 20, 2024
Asian stocks rally after US equities hit record highs, bolstered by strong corporate earnings and China's property market support. Investors eye key economic data and policy decisions this week.
08:51am, Friday, May 17, 2024
Dow reaches 40,000; Figma tender offer values company at $12.5B; Reddit shares surge with OpenAI deal; Boeing CEO board vote; Oil prices rise on demand signs.
07:04am, Friday, May 17, 2024
European stocks decline amid fluctuating Federal Reserve rate expectations, leading to a pullback from riskier assets. Traders remain cautious as they await more data on inflation and economic growth.
06:55am, Friday, May 17, 2024
China introduces an aggressive rescue package to rejuvenate its property sector, including relaxed mortgage rules and significant funding for local governments to purchase unsold homes. The initiative aims to stabilize the housing market and bolster economic growth.
09:54am, Thursday, May 16, 2024
U.S. jobless claims fell to 222,000 last week, still higher than expected. Fed closely watches for economic impact.
09:38am, Thursday, May 16, 2024
Under Armour (UA), Chubb (CB), and Walmart (WMT) see notable shifts based on earnings updates and forecasts. Learn more
06:06am, Thursday, May 16, 2024
Hedge funds have significantly increased their exposure to Nvidia, driven by the AI boom, while reducing stakes in AMD. This shift highlights the growing confidence in Nvidia's market leadership.
05:23am, Thursday, May 16, 2024
China has sold a record $53.3 billion of US Treasuries and agency bonds in the first quarter, signaling a strategic diversification away from American assets amidst ongoing trade tensions.