Dow slides 400 points as rising yields and oil prices hit tech stocks
US stocks fell sharply on Friday as rising Treasury yields, persistent inflation concerns, and escalating energy prices pressured markets following another record-setting session for major indexes.The Dow Jones Industrial Average…
Why Nvidia stock is crashing around 4% on Friday
Shares of Nvidia (NVDA) fell sharply on Friday, pulling back after an explosive rally that had pushed the chipmaker close to another record valuation milestone.The stock dropped around 4% to…
Tesla stock plunges 4% after Musk’s China visit: here’s why
Shares of Tesla (TSLA) dropped roughly 4% on Friday after high expectations surrounding US-China talks failed to deliver a major breakthrough for the company’s autonomous driving ambitions.The stock fell to…
Cisco stock outperforms broader market: why this analyst thinks it can go higher
Shares of Cisco Systems (CSCO) rose Friday, outperforming the broader market, after HSBC upgraded the networking giant and sharply increased its price target following the company’s stronger-than-expected fiscal third-quarter earnings…
Starbucks stock hits 52-week high: Why this analyst is bullish
Shares of Starbucks (SBUX) climbed to a new 52-week high on Thursday after TD Cowen upgraded the coffee chain, citing confidence that the company’s turnaround strategy and operational changes could…
US retail sales show resilience despite cost pressures, ING warns of risks
US retail sales rose 0.5% in April, underscoring resilience in household spending despite higher gasoline prices and weak consumer confidence. ING Economics said the figures highlight the ability of consumers to…
Marvell stock hits 52-week high as bullish catalysts keep stacking up
Marvell Technology Inc (MRVL) printed a new 52-week high this morning as Cisco Systems’ solid Q3 earnings boosted sentiment across the entire semiconductor ecosystem.Investors are cheering MRVL also because it…
Why Tesla stock is jittery as Elon Musk visits Beijing
Tesla stock (TSLA) traded choppily on Thursday as investors continued to focus on the company’s autonomous driving ambitions in China and the potential for broader artificial intelligence monetization.The stock briefly…
Figma stock price just double-bottomed: will it surge after earnings?
Figma stock price has crashed and is hovering near its all-time low as concerns about its business growth and costs jump. After peaking at $142 following its initial public offering,…
Nvidia stock hits new ATH again: what’s fueling the golden run?
Shares of Nvidia (NVDA) climbed on Wednesday, extending gains for a sixth straight session and hitting another record high. The stock jumped around 2% to hit a new record high…