Why Nvidia stock is up around 2% on Friday

Nvidia stock (NVDA) traded higher on Friday as investors looked past reports that one of the company’s largest customers is stepping up development of its own artificial intelligence processors. The stock was up about 2.3% at around $207 at the time of writing after trading lower in premarket activity. Meta advances custom AI chip efforts… Continue reading Why Nvidia stock is up around 2% on Friday

Strategy (MSTR) stock gains as Standard Chartered backs $100K Bitcoin forecast

Strategy Inc. MSTR (formerly known as Microstrategy) gained on Friday after Standard Chartered said recent weakness in bitcoin reflects investor uncertainty over the company’s evolving strategy rather than any deterioration in its balance sheet. In a note, Geoffrey Kendrick, Standard Chartered’s global head of digital assets research, maintained the bank’s end-2026 bitcoin price target of… Continue reading Strategy (MSTR) stock gains as Standard Chartered backs $100K Bitcoin forecast

Josh Brown reveals the best bank stock to own heading into Q2 earnings

NY-headquartered Citigroup has been the perennial laggard of Wall Street for years, burdened by the legacy of the global financial crisis and an unmanageable corporate structure. However, the narrative has flipped, with a renowned wealth manager, Josh Brown, recently calling Citi “one of the top bank stocks” to own – driven by a profound operational… Continue reading Josh Brown reveals the best bank stock to own heading into Q2 earnings

ITW stock: New dividend king slowly forms a highly bullish pattern

Illinois Tool Works (NYSE: ITW) stock has pulled back in the past few days as investors position themselves for the upcoming earnings report that will provide more color on its business. While growth expectations are low, the stock has formed the rare inverted head-and-shoulders pattern, pointing to a rebound. Illinois Tool Works is a dividend… Continue reading ITW stock: New dividend king slowly forms a highly bullish pattern

SK Hynix’s record US listing sets stage for leveraged ETF boom: volatility ahead?

SK Hynix’s blockbuster US listing is already spawning a new wave of leveraged investment products, with several exchange-traded fund issuers preparing to launch products tied to the South Korean memory-chip maker’s American depositary receipts (ADRs), a move that analysts say could increase volatility in one of the world’s hottest AI stocks. According to a Bloomberg… Continue reading SK Hynix’s record US listing sets stage for leveraged ETF boom: volatility ahead?

FTSE 100 edges higher as Vodafone, easyJet rally offsets Middle East concerns

London’s FTSE 100 edged higher on Friday, supported by strong gains in Vodafone and easyJet following major corporate developments. However, renewed tensions in the Middle East continued to weigh on investor sentiment, limiting broader market gains. The blue-chip FTSE 100 index rose 0.08% to 10,480.31 points by 1053 GMT. Meanwhile, the mid-cap FTSE 250 gained… Continue reading FTSE 100 edges higher as Vodafone, easyJet rally offsets Middle East concerns

Circle stock climbs over 10% in premarket after securing final US trust bank approval

Circle shares surged in premarket trading on Friday after the stablecoin issuer announced it had received final regulatory approval from the US OCC to establish a national trust bank. At the time of writing, Circle shares were up 13.33% in premarket trading. The regulatory approval allows the company to act as custodian for its own… Continue reading Circle stock climbs over 10% in premarket after securing final US trust bank approval

Wall Street futures trade mixed: 5 things to know before the market opens

US stock futures were mixed on Friday as investors paused after a chip-led rally and turned their attention to SK Hynix’s Nasdaq debut. Dow futures edged higher, but S&P 500 and Nasdaq 100 futures slipped as memory-chip stocks pulled back in premarket trading. The listing of South Korea’s SK Hynix is a major test of… Continue reading Wall Street futures trade mixed: 5 things to know before the market opens

MLCCs become AI’s next bottleneck after memory chips: these stocks are surging

They may not be the obvious, high-ticket components driving the AI boom like GPUs and memory chips, but data centres’ soaring computing requirements have triggered a sharp rise in demand, with the shares of their manufacturers increasingly reflecting that growth. The component in question is the multilayer ceramic capacitor, or MLCC. Often described as “the… Continue reading MLCCs become AI’s next bottleneck after memory chips: these stocks are surging