[unable to retrieve full-text content]Stock market today: Nasdaq surges as chipmakers shine, Apple pops Yahoo Finance Source link
Read More »Tech leads stocks higher as chipmakers shine
US stocks tipped higher on Thursday, eyeing a rebound from recent losses as investors looked to fresh quarterly earnings for inspiration amid dwindling hopes for an early 2024 interest rate cut. The S&P 500 (^GSPC) added around 0.4%, while the tech-heavy Nasdaq Compossite (^IXIC) led gains, rising 1%. The Dow Jones Industrial Average (^DJI) dropped about 0.3%. Techs led stocks higher after a bullish AI-fueled revenue outlook from TSMC (TSM), a key supplier to Apple (AAPL) and Nvidia (NVDA)…. Source link
Read More »Tech leads stocks lower as Micron warns, chipmakers fall
U.S. stocks extended losses Tuesday as investors assessed earnings and prepared for a series of key inflation reports due out later this week. The S&P 500 ticked fell 0.5%, while the Dow Jones Industrial Average ticked down about 0.1%. The tech-heavy Nasdaq tumbled 1.5% as a warnings from Micron Technology (MU) weighed on chip and technology stocks. Shares of Micron fell 5% after the memory chipmaker said its fourth-quarter revenue may come in on par with or below the bottom end of a forecast… Source link
Read More »CORRECTED-US STOCKS-Wall St rises on strong earnings, chipmakers fall after Intel outlook
(Corrects to remove reference to three stocks in fourth paragraph) * Social media stocks rally after strong results * AmEx jumps on blowout Q2 profit * Intel sales forecast implies rocky second half of 2021 * Indexes up: Dow 0.39%, S&P 0.44%, Nasdaq 0.26% By Devik Jain and Shreyashi Sanyal July 23 (Reuters) – Wall Street’s main indexes rose on Friday, helped by megacap technology stocks and strong earnings from social media companies, while a weak sales forecast from Intel hit chipmakers amid… Source link
Read More »Semiconductor shortage a boon for chipmakers like Micron: veteran tech investor
TipRanks 2 ‘Strong Buy’ Stocks Insiders Are Snapping Up In a casino, if you play long enough, the House always wins; this is just a matter of probabilities and available resources. It’s different in the stock market, even though there is a tendency to refer to stock investing as a game. Smart investors don’t have to ‘beat the house’ to come out ahead; this is not a zero-sum game. Rather, it’s a game of strategy. Successful investors will look for some edge, an ‘in’ that will… Source link
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