Tesla stock (TSLA) rose on Monday, recovering some of last week’s sharp losses after investors sold the stock despite a stronger-than-expected second-quarter delivery report. The rebound came as the electric-vehicle maker expanded its robotaxi service to Miami, adding another city to its autonomous ride-hailing network. Shares of Tesla climbed about 3% to $405.11 in early… Continue reading Tesla stock up 3% today after Thursday’s selloff: what’s behind the rebound?
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Oracle shares rose as investors reassess AI-driven sell-off
Oracle Corp. (ORCL) shares gained 1.3% on Monday as investors returned to the stock following a sharp, debt-driven sell-off, amid improving broader market sentiment. The recovery also came as broader market sentiment improved, with the Nasdaq Composite gaining 0.95% and the S&P 500 advancing 0.44%. The move marked a shift in investor sentiment after weeks… Continue reading Oracle shares rose as investors reassess AI-driven sell-off
Broadcom extends Apple chip partnership through 2031, stock climbs 5%
Broadcom Inc. AVGO shares rose 5.3% in trading on Monday after the semiconductor company announced an extension of its long-standing partnership with Apple Inc. through 2031. The agreement reinforces Broadcom’s position as one of the iPhone maker’s key chip suppliers. The new multi-year agreement expands the companies’ collaboration on custom silicon products and provides Broadcom… Continue reading Broadcom extends Apple chip partnership through 2031, stock climbs 5%
Sandisk stock forms a bearish divergence, enters a risky Wyckoff phase
Sandisk stock price has suffered a harsh reversal recently as the recent bull run hits a wall. SNDK dropped by 14% on Friday, reaching its lowest level since June 11. It has now slumped by 25% this year, even as top Wall Street analysts have maintained their bullish outlook. Top analysts are bullish on Sandisk… Continue reading Sandisk stock forms a bearish divergence, enters a risky Wyckoff phase
Micron stock has lost momentum on AI bubble fears: buy, sell, or hold?
Micron stock price has plunged and entered a local bear market after falling by over 22% from its all-time high. It slipped to $975 on Thursday, its lowest level since June 11, after a series of negative news. So, is this the start of a new downtrend or just an overreaction? Micron stock dived after… Continue reading Micron stock has lost momentum on AI bubble fears: buy, sell, or hold?
Dow Jones index hits record high as these stocks lead the rally
The Dow Jones Index jumped to a record high last week, helped by strong performance of some traditional companies. It jumped to a high of 52,905, up by 17% from it lowest level this year. This article highlights some of the top companies that drove the index to an all-time high. Caterpillar is the best-performing… Continue reading Dow Jones index hits record high as these stocks lead the rally
Nasdaq futures surge 310 points: 5 things to know before Wall Street opens
US futures pushed higher on Monday as Wall Street tried to extend last week’s rally with help from two familiar supports: steadier chip stocks and cheaper oil. The Dow is coming off a record close, while the S&P 500 and Nasdaq remain underpinned by hopes that the AI trade is broadening rather than breaking. Lower… Continue reading Nasdaq futures surge 310 points: 5 things to know before Wall Street opens
Here’s why BAE Systems, St. James Place, and IAG shares are rising as FTSE 100 stalls
Top FTSE 100 Index stocks, including BAE Systems, Babcock International, and IAG, are rising today, even as the index remains stuck within a narrow trading range at its highest point since March this year. IAG shares are rising after the EasyJet buyout and falling jet fuel prices IAG, the parent company of British Airways, LEVEL,… Continue reading Here’s why BAE Systems, St. James Place, and IAG shares are rising as FTSE 100 stalls
easyJet shares jump after airline agrees in principle to Castlelake’s $7.3B takeover
Shares of easyJet jumped about 10% on Monday to a four-year high after the airline agreed in principle to accept a £5.5 billion ($7.3 billion) takeover offer from US investment firm Castlelake, potentially paving the way for one of the biggest deals in the European aviation sector this year. The budget airline said on Sunday… Continue reading easyJet shares jump after airline agrees in principle to Castlelake’s $7.3B takeover