US stocks opened higher on Thursday as investors looked to recover from the previous session’s selloff, with optimism surrounding a temporary US-Iran peace agreement helping offset concerns about a more hawkish Federal Reserve under new Chair Kevin Warsh. The Dow Jones Industrial Average rose about 349 points, or 0.68%, while the S&P 500 gained 1.03%.… Continue reading Dow opens 349 points higher as chip stocks rally on Iran deal optimism
Stock Research
Accenture sinks 14% as lowered outlook clouds earnings beat and cybersecurity deals
Shares of consulting and technology services giant Accenture plunged 14% in premarket trading on Thursday after the company lowered the top end of its annual revenue growth forecast, underscoring concerns that businesses remain cautious about spending on discretionary technology projects. The company now expects annual revenue growth of 3% to 4%, compared with its earlier… Continue reading Accenture sinks 14% as lowered outlook clouds earnings beat and cybersecurity deals
MU, SNDK, STX, WDC stocks rise after Apple chief warns of memory-driven price hikes
Shares of memory and storage companies climbed in premarket trading on Thursday after Apple Chief Executive Tim Cook warned that soaring memory and storage chip prices could force the iPhone maker to raise product prices. Micron Technology (MU) rose about 4.7% before the opening bell, while Sandisk gained 4.4%. Seagate Technology advanced around 4% and… Continue reading MU, SNDK, STX, WDC stocks rise after Apple chief warns of memory-driven price hikes
FTSE 100 slides as Fed outlook and sector losses weigh on markets
Britain’s main stock indexes moved lower on Thursday, weighed down by losses in financial and materials stocks as investors awaited the Bank of England’s interest rate decision and continued to assess the US Federal Reserve’s policy outlook. The Bank of England is widely expected to leave interest rates unchanged at 3.75% later in the day.… Continue reading FTSE 100 slides as Fed outlook and sector losses weigh on markets
Dow futures jump 315 points: 5 things to know before Wall Street opens
US stock futures rose on Thursday as investors bought back into technology shares after a sharp sell-off sparked by the Federal Reserve’s tougher inflation message. Nasdaq 100 contracts led the rebound, supported by renewed interest in chip names after President Donald Trump said Apple would work with Intel on domestic chip design and production. The… Continue reading Dow futures jump 315 points: 5 things to know before Wall Street opens
Intel stock in focus after Trump confirms company to build chips for Apple
Shares of Intel rose on Thursday after US President Donald Trump said Apple had agreed to work with the chipmaker to design and manufacture chips in the United States, potentially handing Intel’s foundry ambitions their biggest endorsement yet. Intel shares were up about 2.7% in after-hours trading at the time of writing, after gaining as… Continue reading Intel stock in focus after Trump confirms company to build chips for Apple
Micron stock in focus: can HBM demand unlock another 60% rally?
Micron stock (NASDAQ: MU) remains in focus ahead of the company’s fiscal third-quarter results on June 24, with investors debating whether one of Wall Street’s strongest AI-linked rallies still has room to run. The stock has surged as the memory-chip cycle has tightened, but a fresh bullish call has pushed the debate further. The latest… Continue reading Micron stock in focus: can HBM demand unlock another 60% rally?
NSE files for IPO: exchange behind 93% of India’s cash market to go public
The National Stock Exchange of India has filed its draft red herring prospectus with SEBI, bringing the country’s most-awaited market listing a step closer after nearly a decade of delays. The proposed initial public offering is expected to be a pure offer-for-sale of about ₹30,000 crore, large enough to overtake Hyundai Motor India’s 2024 listing… Continue reading NSE files for IPO: exchange behind 93% of India’s cash market to go public
Nikkei tops 71,000 as Asian markets shrug off US-Iran deal risks
Asian markets were broadly steady on Thursday as investors looked past the formal signing of a US-Iran interim peace agreement and focused instead on what comes next for oil, rates and risk appetite. The deal extends an April ceasefire by 60 days and aims to create room for a final truce, but it has not… Continue reading Nikkei tops 71,000 as Asian markets shrug off US-Iran deal risks
