Nvidia stock (NASDAQ: NVDA) climbed again on Friday, extending a rally that has already pushed the stock to a fresh all-time high. NVDA touched fresh record territory between roughly $216.8 and $217.7 intraday on Friday before easing back toward the $215.80 level. The latest rally has reignited a familiar debate that follows every big leg… Continue reading Nvidia stock hits new all-time high: should you buy or take profits?
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AMD stock rockets 7% on Friday: analysts see more upside ahead
Shares of Advanced Micro Devices (AMD) surged sharply on Friday, rebounding from losses in the previous session. At the time of writing, the stock was up around 7% to trade at $436. Investor sentiment improved following stronger-than-expected US jobs data and continued enthusiasm around the chipmaker’s artificial intelligence outlook. AMD shares extended their recent rally… Continue reading AMD stock rockets 7% on Friday: analysts see more upside ahead
Here’s why Tilray Brands stock has crashed after cannabis reclassification
Tilray Brands stock price crashed to its lowest level since August last year despite the recent US policy change that opened the door to its expansion in the country. TLRY dropped to $5.6, much lower than the year-to-date high of nearly $10. This article explores some of the top reasons why the stock has plunged.… Continue reading Here’s why Tilray Brands stock has crashed after cannabis reclassification
Dow jumps 200 points after strong payrolls data eases slowdown fears
US equities advanced on Friday after a stronger-than-expected April jobs report reinforced confidence in the resilience of the labor market. The Dow Jones Industrial Average rose 208 points, or 0.4%, while the S&P 500 gained about 0.5% and the Nasdaq Composite advanced roughly 0.6%. Investors entered Friday’s session weighing a stronger-than-expected April payrolls report against… Continue reading Dow jumps 200 points after strong payrolls data eases slowdown fears
Plug Power stock just flashed a warning sign: May 11 will be key
Plug Power stock price has recoiled in the past few days, moving from the year-to-date high of $3.45 to the current $3.13. This pullback has ended a relatively strong rally that pushed it from a low of $1.73 to the year-to-date high of $3.42. Plug Power to publish its earnings on May 11 Plug Power,… Continue reading Plug Power stock just flashed a warning sign: May 11 will be key
Forget TACO: Wall Street bets on ‘NACHO’ as Hormuz peace hopes vanish
Wall Street traders are embracing a new market catchphrase as investors increasingly lose confidence that tensions in the Strait of Hormuz will ease in the near future. The latest acronym making the rounds on trading desks is “NACHO” — short for “Not A Chance Hormuz Opens” — a term that reflects growing doubts that repeated… Continue reading Forget TACO: Wall Street bets on ‘NACHO’ as Hormuz peace hopes vanish
Intesa stock falls 2% after earnings beat: should investors worry?
Intesa Sanpaolo beat first-quarter expectations, with stronger fees and a sharp rise in trading income helping Italy’s biggest bank offset softer lending trends and keep its annual profit target intact. ISP stock fell about 2% after the results as investors weighed the outlook for lending income in a lower-rate environment. The lender reported net income… Continue reading Intesa stock falls 2% after earnings beat: should investors worry?
Micron up 600%, SanDisk up 3,350%: which stock should you buy?
Memory chips have quietly become one of the market’s hottest AI trades. Micron Technology (NASDAQ: MU) is now worth about $738 billion, while SanDisk (NASDAQ: SNDK), which completed its separation from Western Digital in February, has a market value of roughly $210 billion. Both stocks have ripped higher because AI data centers need more than… Continue reading Micron up 600%, SanDisk up 3,350%: which stock should you buy?
Dow futures rise 156 points: 5 things to know before market opens
US equity futures pointed to a firmer open on Friday, as investors weighed a deliberately restrained American military response to Iran’s downing of a US drone against the prospect of a significant slowdown in April hiring. S&P 500 and Nasdaq 100 futures edged higher, while Dow futures gained 156 points in early trading. The White… Continue reading Dow futures rise 156 points: 5 things to know before market opens