Japan: Micron makes market moves The Nikkei 225 surged 2.79%, led by semiconductor industry stocks Disco and Tokyo Electron, after better-than-expected earnings from U.S. chip giant [hotlink]Micron Technology,[/hotlink] which is seeing a boost from AI demand. ...
Stock Market Today: S&P 500 logs highest close since August as investors await jobs data Follow all the latest U.S. market action for Thursday here. Last Updated: June 1, 2023 at 4:19 PM EDT Latest Updates June 2, 2023 at 4:19 AM...
Analysts overhaul MicroStrategy stock price target amid bitcoin rally Google analysts sent scrambling by startling break-up news In overseas markets, Europe's Stoxx 600 was marked 0.1% lower ahead of today's ECB rate decision in Frankfurt. Markets are betting on a fourth reduction from the ...
Deutsche Bank expects the U.S. economy to fall into a mild recession early in 2024 and the Fed to begin cutting rates in June. The rest of Wall Street is split on whether a recession could occur as the job market and inflation slow under the weight of...
Stock indices finished today’s trading session mixed. TheNasdaq 100(NDX) and the S&P 500 (SPX) gained 1.45% and 0.38%, respectively. Meanwhile, theDow Jones Industrial Average(DJIA) fell 0.25%. Earlier today, Markit released its preliminary monthly report for the U.S. Manufacturing Pu...
The S&P 500 rose slightly on Monday to start the week, but fell short of a record closing high once again.
The analysts noted that they feel Tesla "remains the most undervalued AI play in the market today." Wedbush maintained its "outperform" rating on the stock. -Bill McColl AbbVie Sinks on Drug Trial Results; Bristol Meyers Squibb Soars
The cost of hedging against a potential stock market downturn has hit a 15-year low, according to research by Bank of America. The Wall Street bank named a "cheap" options trade that will benefit investors if the S&P 500 fell by 10% over the next 12 months. CNBC Pro subscribers can re...
"Even though stocks rose today, it does not necessarily mean that they will continue to do so as there are uncertainties over what the Fed will decide at its next monetary policy meeting in July," said Sengoku. The market's recent volatility has been triggered by concerns that rising inflati...
Dell Technologies (DELL): Shares of the computer hardware company rose more than 3% after analysts at Morgan Stanley raised their price target on the stock and called it “the best way to play” AI server demand and the improving personal computing market. ...