Morgan Stanley stock selloff cools ahead of earnings, options market targets $205
Morgan Stanley stock has slipped substantially in the past few weeks as enthusiasm about mergers and acquisitions (M&A) and IPOs cooled. MS initially jumped to $230 in July and then…
Micron, SK Hynix stocks continue fall on CXMT threat; Cathie Wood, Musk weigh in
Shares of memory chipmakers Micron MU and SK Hynix continued to fall on Tuesday as concerns over China’s CXMT and its growing manufacturing capabilities persisted.Warnings from prominent business leaders and…
Apple reclaims $5 trillion market cap: what’s driving Tuesday’s rally?
Apple APPL shares touched an all-time high on Tuesday and reclaimed $5 trillion market capitalization as the iPhone maker unveiled a range of new devices in its latest push to…
Microsoft stock trades near record highs: here’s why
Microsoft (MSFT) shares climbed on Tuesday, putting the stock on track for a record closing high as the technology company expanded its artificial intelligence infrastructure and regained a market capitalisation…
BofA says buy these 3 stocks ahead of earnings
Bank of America is telling investors to buy BWX Technologies, DraftKings and Grocery Outlet Holdings before they report third-quarter results, backing each name with a different argument.The companies span nuclear…
Bears in control of JPMorgan stock: can Q3 earnings change that?
Bears are broadly in control of JPMorgan (JPM) stock heading into the bank’s Q3 earnings on Oct. 13 (before market opens), but the derivatives market believes the dynamic will shift…
Why are Micron, SK Hynix stocks falling on Monday?
Micron Technology MU and SK Hynix shares traded lower on Monday as investors assessed the competitive implications of progress by China’s ChangXin Memory Technologies (CXMT) in developing a new memory-chip…
Snowflake stock rises 6% as AI Marketplace launch boosts software outlook
Snowflake stock SNOW rose 6% on Friday after the company introduced Agentic Marketplace Discovery in public preview, expanding its tools for AI-driven workflows as software stocks continued to rebound.The feature…
Evening Digest: Oil falls, Apple cuts iPhone component orders
Oil prices fell as US President Donald Trump signalled a pause in potential strikes against Iran before next month’s midterm elections, easing concerns about supply disruptions. Treasury yields remained elevated…
Nvidia stock takes a hit as portfolio stocks dive and Reflection AI bid is considered
Nvidia stock has pulled back in the past four consecutive days. It has slumped from the all-time high of $243 to the current $230 as investors have remained cautious about…