Microsoft stock is rising 3% on Wednesday: here’s why
Microsoft MSFT stock rose about 3% on Wednesday as Wall Street analysts reaffirmed their bullish outlook on the software giant despite trimming some price targets ahead of the company’s fiscal…
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Category: Stock
Apple stock falls after KeyBanc downgrade on slowing growth concerns
Apple AAPL stock fell around 1% on Tuesday after KeyBanc Capital Markets downgraded the iPhone maker, citing slowing hardware demand, weaker growth expectations, and valuation concerns despite the stock’s strong…
Bank of America Q2 earnings weren’t without pockets of weakness
Bank of America (BAC) shares are extending gains on Tuesday morning after the investment firm came in handily above Street estimates for its fiscal Q2. BAC earned $1.21 on a…
Arm stock falls 6% as HSBC cites foundry bottlenecks, cuts rating to Hold
Arm Holdings shares fell more than 6% on Tuesday after HSBC downgraded the chip designer to Hold, saying foundry capacity constraints are likely to limit earnings upside despite the company’s…
Trump proposes 20% cargo fee as US vows to police Strait of Hormuz
President Donald Trump said on Monday that the United States would reinstate its naval blockade of Iranian ships and charge a 20% fee on cargo passing through the Strait of…
Intel, AMD tumble as chip sell-off deepens: what if US-Iran conflict drags on?
US chip stocks are extending losses on July 13 as Washington and Tehran lock horns in a dangerous new phase of open hostility. Over the weekend and into Monday morning,…
Why SpaceX stock is slipping over 4% on Monday
SpaceX stock (SPCX) fell for a second consecutive trading session on Monday, moving closer to the company’s $135 initial public offering price just days after joining the Nasdaq-100 index. The…
Top catalysts for South Korea’s Kospi Index this week
The Kospi Index is stuck in a local bear market after falling 21% from its year-to-date high. It ended the week at 7,475, down sharply from the year-to-date high of…
S&P 500, SPY, VOO ETF: The 4 catalysts that could move markets this week
The S&P 500 Index continued rising and neared its all-time high on Friday as some big tech companies like Nvidia and AMD rebounded. It ended the week at 7,575, with…