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
Nvidia (NVDA) stock rose in early trading Monday as investors positioned ahead of the chipmaker’s upcoming earnings report, with shares approaching a fresh record close. Shares were up 2.07% at $219.76 in early trading after ending Friday at $215.20, just below the stock’s previous record close of $216.61 reached on April 27. The sharp move
Investors continue to cheer Intel Corp (NASDAQ: INTC) following reports of its preliminary chip manufacturing agreement with Apple Inc (NASDAQ: AAPL). This marks a seismic shift for Intel Foundry – suggesting the semiconductor giant is about to sign on a high-volume, high-profile mobile customer it has chased for years. However, Bank of America analysts led
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