Wall Street’s main indexes opened muted on Monday after a record-setting rally last week, as renewed concerns over stalled US-Iran negotiations pushed oil prices higher and weighed on investor sentiment. The Dow Jones Industrial Average slipped 56 points, or 0.11%, while the S&P 500 and the Nasdaq Composite also edged down 0.02% and 0.17%, respectively.
Micron stock price continued firing in all cylinders today, May 11, as demand for its products soared. MU jumped by over 6% to $790, continuing an uptrend that started in April last year when it bottomed at $64. Still, despite the surge, there are signs that the company is still a bargain. Micron stock is
Gold has fallen about 12% since the Iran conflict began, defying its traditional safe‑haven role. ING strategist Ewa Manthey says the sell‑off reflects macro headwinds from higher oil prices, stronger yields, and a firmer dollar, but forecasts prices could still rise to $5,000 per ounce by year‑end. Source: ING Research Gold’s counterintuitive decline Gold is
Moderna shares surged on Monday as investors rushed into vaccine and biotech stocks following reports of a hantavirus outbreak linked to a cruise ship, despite health authorities maintaining that the overall public health risk remains low. The stock rose 9.43% to $59.48, its intraday high after a US national tested mildly positive for the Andes
Bitcoin (BTC) price managed to reclaim the $80,000 mark ahead of the upcoming US inflation data releases after buyers stepped in near a key support zone during a sharp market selloff tied to geopolitical tensions and ETF outflows. According to TradingView data, Bitcoin recovered above $80,000 on Friday after briefly falling to an intraday low
Innodata (INOD) shares nearly doubled on May 8 after the data engineering company delivered a “triple-threat” Q1 that obliterated Wall Street expectations. Revenue rocketed 54% year-over-year to $90.1 million, comfortably exceeding the $76.5 million consensus estimate. On the bottom line, diluted EPS hit $0.42, nearly doubling the $0.23 forecast. This explosive growth prompted management to
Shares of Intel (INTC) surged around 8% in on Friday, hitting a fresh all-time high of $118.75. Investors continued to pile into the semiconductor giant amid growing optimism around its turnaround strategy and artificial intelligence positioning. The recent rally has been driven by a combination of strong earnings, improving demand for server processors, and reports
Famed investor Jim Cramer says “there are wins and misses” in digital advertising and marketing automation space – and Trade Desk (TTD) is evidently the latter. His comments came after The Trade Desk reported first-quarter results showing a 12% increase in revenue to $689 million. However, the revenue growth was largely overshadowed by a weaker-than-expected
Bittensor’s (TAO) token has climbed to $310.96, posting a 2.2% gain over the past 24 hours while the broader crypto market remained largely unchanged. The move has pushed TAO near the upper end of its daily trading range between $297.72 and $313.89, extending its seven-day gain to 18.3% and its two-week rise to 25.4%. Notably,
Gold prices were headed for a weekly rise following a stronger-than-expected jobs report in the US. Oil prices recovered from Thursday’s sharp losses to trade in the green as uncertainty remained regarding the US and Iran peace negotiations. Gold set for weekly rise Gold prices rose further on Friday and were set for a weekly