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Asian markets lost some of Monday’s relief as investors found a new set of risks to trade. A temporary US sanctions waiver linked to Iran helped oil stabilise after a sharp fall, but it did not remove the bigger concern now driving cross-asset moves: a Federal Reserve that may be preparing to tighten again. Equities… Continue reading Nikkei drops as Asian markets buckle under Fed hike shock and oil rebound

Nvidia stock (NASDAQ: NVDA) is lagging the semiconductor rally despite another blockbuster quarter from the world’s most important AI chipmaker. The paradox is hard to ignore because Nvidia just reported 85% revenue growth, guided for about $91 billion in revenue next quarter and chief executive Jensen Huang described the AI buildout as “the largest infrastructure… Continue reading Why smart money is fading Nvidia while rest of chips are soaring

Ritholtz Wealth Management’s top executive, Josh Brown, is recommending investors stick with three outperformers through the end of this year (2026). His top picks – Interactive Brokers, Caterpillar, and Delta Air Lines – have notably outperformed the broader market in recent months, which Brown believes justifies owning these names for the long term.   According… Continue reading Josh Brown recommends sticking with these three winning stocks

The Dow Jones Industrial Average rose on Monday even as broader equity markets declined, with technology stocks and SpaceX weighing on sentiment while investors assessed developments in US-Iran negotiations and looked ahead to key inflation data. The S&P 500 fell 0.4%, while the Nasdaq Composite dropped 1.3%. The Dow added 147 points, or 0.3%, supported… Continue reading Dow rises 140 points as S&P 500 falls on tech losses, Iran talks and PCE watch

Accenture plc shares ACN remained under pressure on Monday as Wall Street analysts lowered expectations following the company’s disappointing fiscal third-quarter report. The stock fell 7.1% to $118.88, extending a sharp decline that began after earnings were released last week. Shares had already dropped 18% on Thursday after Accenture reported quarterly results and announced a… Continue reading Accenture stock plunges as Wall Street cuts targets

Salesforce Inc. shares CRM extended their decline on Monday, falling 1.44% to $149.6 and putting the stock on track for a record 14th consecutive daily loss. The move comes amid continued pressure on software companies as investors reassess the impact of artificial intelligence on the software-as-a-service (SaaS) model. The stock has dropped 43% year to… Continue reading Salesforce stock hits 52-week low amid record losing streak and AI fears

Nvidia NVDA shares traded lower on Monday, falling 0.75% to $209.11 in trading as investors weighed developments in US-Iran peace talks. The move followed a 3% gain on Thursday. The stock’s muted performance came despite broader strength in parts of the semiconductor sector, with several peers moving higher in trading. Intel rose 4.9%, hitting a… Continue reading Nvidia stock dips as robotics push and partner stocks rally

Credo Technology CRDO stock surged 8.6% in trading after Evercore ISI initiated coverage with an Outperform rating and a $325 price target, the most bullish call on Wall Street. That target sits roughly 20% above Friday’s record-high close of $271.83. Evercore analyst Mark Lipacis argued that the market is underestimating Credo’s long-term opportunity and expects… Continue reading Credo stock surges on Evercore $325 target and optical growth outlook

Micron (MU) shares have had a monster rally heading into the memory chip specialist’s fiscal Q3 earnings scheduled for Jun. 24 after market close. Consensus is for MU’s revenue to nearly quadruple on a year-over-year basis in the third quarter to about $35 billion on a 10x increase in per-share earnings (EPS) to $19.72. Simply… Continue reading Micron stock is beating the broader market today: what to expect from earnings