Dell stock is on a strong bull run: Is a mean reversion coming?
Dell Technologies stock has continued its strong rally this year, making it one of the top gainers in the S&P 500 Index. It has soared by 347% this year, bringing…
Rocket Companies, Better Home, UWM stocks plunge as US mortgage rates jump
Top companies in the mortgage industry are in a freefall this week as mortgage rates continue their strong upward trend. UWM Holdings (UWMC) dropped to $1.17 on Wednesday, down by…
Why is Micron stock rising on Wednesday?
Micron Technology shares MU climbed on Wednesday despite broader pressure on equities from higher oil prices and rising Treasury yields, after DA Davidson analyst Gil Luria raised his price target…
Why Nvidia stock hit another record high on Tuesday
Nvidia (NVDA) shares rose as much as 1.9% in early trading Tuesday, hitting another all-time high at $243.37.The stock has gained roughly 28% this year, adding about $1.3 trillion to…
Why is Marvell Technology stock rallying on Tuesday?
Marvell Technology shares MRVL jumped more than 7% on Tuesday after the chipmaker unveiled significantly higher long-term revenue targets at its investor day, underscoring the scale of the opportunity it…
RXO stock soars as CH Robinson acquires truck broker for $5.8B
CH Robinson Worldwide has agreed to acquire truck broker RXO for about $5.8 billion in cash and stock, creating a logistics company with an enterprise value of more than $25…
Strategy (MSTR) stock rises as Bitcoin holdings hit record 848,000
Strategy (MSTR) stock, formerly known as MicroStrategy, gained 2% on Monday after the Bitcoin treasury company disclosed another purchase of the cryptocurrency, taking its total holdings to a record 848,000…
Why is Intel stock falling on Monday?
Intel shares INTC slipped on Monday after Elon Musk confirmed that Taiwan Semiconductor Manufacturing Co. could participate in his ambitious Terafab chip-making project, raising concerns that the US chipmaker could…
Arm stock jumps 5% as Nvidia AI platform role boosts chip demand outlook
Arm Holdings ADR stock surged 5% in trading as the company’s role in Nvidia’s Open Agent Safety Platform continued to attract investor interest.Arm-based processors have been confirmed to handle both…
Evening digest: US jobs cool, gold falls as Treasury yields rise
US employers added far fewer jobs than expected in September, while the unemployment rate rose to 4.2%, strengthening expectations that the Federal Reserve may leave interest rates unchanged in October.Gold…