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The Dow exploded higher on Friday, surging roughly 1,000 points as a targeted rebound in chipmakers eased a bruising week for US markets. After several sessions of sharp tech-led selling, investors stepped back into large-cap semiconductors and cyclical names. The rebound lifted the Dow to one of its strongest single-day advances this year and pushed… Continue reading Dow jumps 1,000 points as Nvidia, Broadcom spark tech-led market comeback

Markets remained on edge through the week, with Big Tech spending fears, central-bank signals, and a sharp crypto rebound colliding in a volatile session. Amazon shares slid on alarm over massive AI capital spending, while India’s central bank stood pat on rates, striking a steady tone on growth. Wall Street also digested Goldman Sachs’ push… Continue reading Evening digest: Amazon’s AI capex, Bitcoin, XRP rebound, Goldman’s AI pivot

A volatile week for precious metals is ending on a slightly positive note, with gold and silver logging small gains. Simmering geopolitical tensions and increasing safe-haven demand boosted gold prices on Friday. Meanwhile, oil prices saw a modest increase on Friday, following reports from Iran’s foreign minister indicating that discussions between Iran and the US… Continue reading Commodity wrap: gold and silver end volatile week with small gains; oil rises

Europe’s markets ended the week caught between resilience and reckoning. In London, the FTSE 100 eked out gains as banks rallied on fresh hints that rate cuts could be on the horizon, even as tech-linked names stayed under pressure. Across the continent, regulators sharpened their focus on Big Tech, with Brussels formally charging TikTok over… Continue reading Europe bulletin: FTSE 100 surges, EU charges TikTok, Stellantis stock plunges

Stellantis (NYSE: STLA) suffered a historic collapse this morning, plunging more than 25% in a single session, which marks its worst day since the 2021 merger of Fiat Chrysler and PSA Group. The carnage started today after management announced an “alarming” €22.2 billion ($26.5 billion) impairment charge, admitting that it drastically overestimated the pace of… Continue reading Stellantis stock: why is its EV reset being punished harder than GM and Ford?

Tesla stock rose on Friday as the company attempted to close out a difficult week for technology stocks on a stronger footing, even as broader concerns about demand and competition continued to cloud its outlook. In midday trading, Tesla shares were up about 3.5% at $411.28. The broader market also advanced, with the S&P 500… Continue reading Why Tesla stock is rebounding over 3% on Friday

Nvidia stock (NASDAQ: NVDA) surged about 5% on Friday, leading a tech rebound after a bruising week for software and data stocks. Traders said the move comes on the back of multiple factors, including fresh demand signals for AI hardware and upbeat comments from a key supplier. NVDA’s rally came even as investors digest bigger… Continue reading Why is Nvidia stock soaring over 5% today?

For years, the primary cloud hanging over Nio Inc (NYSE: NIO) has been its inability to translate technological brilliance into sustainable profitability. Its persistent “cash burn” often scared away value-oriented investors, keeping the stock price under pressure despite rising delivery numbers. However, that major overhang just evaporated. In a historic “profit alert” issued today, the… Continue reading Nio stock just got rid of a major overhang: find out more

Precious metals are experiencing renewed selling pressure, with silver prices falling sharply on Thursday. This decline has largely erased the brief rebound the sector saw earlier this week. On COMEX, the March silver contract shed more than 13% on Thursday, while gold fell more than 2% below $4,900 per ounce.  Meanwhile, oil prices also fell… Continue reading Commodity wrap: silver plummets 13%, gold below $4,900; oil dips on Iran talks