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News

Reuters - 1 day ago

AMD, Intel lift chip index amid broader tech rally

BUZZ-AMD, Intel lift chip index amid broader tech rally ** Philadelphia Semiconductor Index .SOX rises as much as 0.9% to a two-week high ** Tech-related stocks rise in broad rally after softer U.S. jobs data boosts expectations for Federal Reserve rate cut in September .N ** Shares of Advanced Micro Devices AMD.O jump 5%, on pace for best day since February ** Intel Corp INTC.O leaps 2% to highest in over one month, Qualcomm Inc QCOM.O up 0.8%, GlobalFoundries GFS.O gains 3.7% ** U.S.
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Reuters - 4 days ago

Wall St set for lower open as megacaps retreat with jobs data, Powell in focus

US STOCKS-Wall St set for lower open as megacaps retreat with jobs data, Powell in focus For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window. Paramount Global gains on possible IAC bid Fed Chair Powell to speak at ECB central banking forum Lilly, Novo Nordisk down after Biden calls for lower drug prices Futures down: Dow 0.30%, S&P 500 0.42%, Nasdaq 0.52% Updated at 8:42 a.m.
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Reuters - 5 days ago

Futures slip as megacaps retreat with jobs data, Powell in focus

US STOCKS-Futures slip as megacaps retreat with jobs data, Powell in focus For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window. Paramount Global gains on possible IAC bid Tesla slips ahead of deliveries data Fed Chair Powell to speak at ECB central banking forum Futures down: Dow 0.39%, S&P 500 0.47%, Nasdaq 0.58% Updated at 7:18 a.m.
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Reuters - 5 days ago

Futures drop as megacaps retreat ahead of key jobs data

US STOCKS-Futures drop as megacaps retreat ahead of key jobs data For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window. Futures down: Dow 0.31%, S&P 500 0.42%, Nasdaq 0.51% July 2 (Reuters) - Wall Street's index futures dipped on Tuesday as megacap stocks pulled back after a strong session, while some caution crept in ahead of jobs opening data and a series of other crucial U.S.
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Reuters - 5 days ago

AMD leads chip sector decline; SOX off 0.5%

BUZZ-AMD leads chip sector decline; SOX off 0.5% ** Shares in Advanced Micro Devices Inc AMD.O dropping 3.7% on Mon, leading declines in Philadelphia semiconductor index .SOX , off 0. 5% ** Bernstein Research analyst Stacy Rasgon in a research note on Mon exami nes SOX outperformance vs broader market with SOX up ~30% YTD vs S&P 500 .SPX ~14% gain.
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Reuters - 1 week ago

S&P 500, Nasdaq hit all-time highs; Nike slides after bleak forecast

US STOCKS-S&P 500, Nasdaq hit all-time highs; Nike slides after bleak forecast For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window. Traders add to Fed rate cut bets as inflation eases Nike slumps after results Infinera jumps after Nokia to buy company Indexes up: Dow 0.16%, S&P 0.27%, Nasdaq 0.31% Updated at 11:56 a.m.
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Reuters - 2 weeks ago

Dow closes at a one-month high as investors broaden portfolios

US STOCKS-Dow closes at a one-month high as investors broaden portfolios Fed's preferred inflation PCE data due on Friday Nvidia on track for third straight declining session Oil companies advance on expectations of higher demand Indexes: Dow up 0.66%; S&P down 0.31%; Nasdaq down 1.09% Updates to 4:10pm By Ankika Biswas, Lisa Pauline Mattackal and Carolina Mandl June 24 (Reuters) - The Dow rallied on Monday to a one-month high, while the Nasdaq tumbled over 1% as investors rotated out of AI-link
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Reuters - 2 weeks ago

Dow closes at a one-month high as investors broaden portfolios

US STOCKS-Dow closes at a one-month high as investors broaden portfolios Fed's preferred inflation PCE data due on Friday Nvidia on track for third straight declining session Oil companies advance on expectations of higher demand Updates to 4:00pm ET By Ankika Biswas, Lisa Pauline Mattackal and Carolina Mandl June 24 (Reuters) - Stocks in a variety of sectors rallied on Monday and the blue-chip Dow Jones Industrial Average ended at a one-month high as investors rotated out of AI-linked stocks an
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Reuters - 2 weeks ago

Nasdaq top and bottom performing stocks at about 03:45 p.m. EDT

BUZZ - Nasdaq top and bottom performing stocks at about 03:45 p.m. EDT Nasdaq 100 .NDX Top Performers Percent Change Baker Hughes Co BKR.OQ +4.8% Diamondback Energy Inc FANG.OQ +4.2% Amgen Inc AMGN.OQ +2.9% MongoDB Inc MDB.OQ +2.7% Mondelez International Inc MDLZ.OQ +2.6% Bottom Performers Percent Change Dexcom Inc DXCM.OQ -5.5% NVIDIA Corp NVDA.OQ -5.4% Arm Holdings PLC ARM.OQ -5.1% Marvell Technology Inc MRVL.OQ -4.7% Qualcomm Inc QCOM.OQ -4.4% The Nasdaq 100 .NDX lost 157.25 points, or 0.80%,
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Reuters - 2 weeks ago

Dow jumps amid broader market rally in countdown to inflation data

US STOCKS-Dow jumps amid broader market rally in countdown to inflation data Fed's preferred inflation PCE data due on Friday Nvidia on track for third straight declining session Indexes: Dow up 0.58%, S&P down 0.13%, Nasdaq down 0.83% Updated at 2:03pm ET/1703 GMT By Ankika Biswas, Lisa Pauline Mattackal and Carolina Mandl June 24 (Reuters) - A broad stock market rally pushed the blue-chip Dow to a one-month high on Monday, as investors rotated out of AI-linked stocks and added some laggards to
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Reuters - 2 weeks ago

Dow jumps amid broader market rally in countdown to inflation data

US STOCKS-Dow jumps amid broader market rally in countdown to inflation data For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window. Fed's preferred inflation PCE data due on Friday Nvidia on track for third straight declining session Meta gains after report of AI partnership talks with Apple Indexes: Dow up 0.88%, S&P up 0.29%, Nasdaq down 0.26% Updated at 11:53 a.m.
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Reuters - 2 weeks ago

Nasdaq top and bottom performing stocks at about 12:01 p.m. EDT

BUZZ - Nasdaq top and bottom performing stocks at about 12:01 p.m. EDT Nasdaq 100 .NDX Top Performers Percent Change Baker Hughes Co BKR.OQ +3.4% Moderna Inc MRNA.OQ +2.8% Diamondback Energy Inc FANG.OQ +2.7% Mondelez International Inc MDLZ.OQ +2.4% Amgen Inc AMGN.OQ +2.2% Bottom Performers Percent Change Arm Holdings PLC ARM.OQ -4.7% NVIDIA Corp NVDA.OQ -4.6% Dexcom Inc DXCM.OQ -3.8% Qualcomm Inc QCOM.OQ -3.6% Marvell Technology Inc MRVL.OQ -3.5% The Nasdaq 100 .NDX lost 59.24 points, or 0.30%,
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Reuters - 2 weeks ago

Silicon Box to pick Piedmont for $3.4 bln Italian chip plant, sources say

Silicon Box to pick Piedmont for $3.4 bln Italian chip plant, sources say Singapore firm announced Italian plant in March At least three Italian regions competed to host plant Selected site expected to be announced next week By Elvira Pollina and Giuseppe Fonte MILAN/ROME, June 20 (Reuters) - Singapore-based semiconductor firm Silicon Box plans to pick the town of Novara in the industrialised northwest Piedmont region as the location for its new multibillion-euro chip factory in Italy, two peopl
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Reuters - 2 weeks ago

S&P 500 notches record high as Nvidia rally continues

US STOCKS-S&P 500 notches record high as Nvidia rally continues For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window Nvidia hits all-time high Dell, Super Micro providing server racks for xAI's supercomputer Accenture gains as annual revenue growth forecast tops estimates Indexes up: Dow 0.28%, S&P 0.54%, Nasdaq 0.29% Updated at 9:51 a.m.
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Reuters - 2 weeks ago

S&P, Nasdaq set for higher open as Nvidia set to extend rally

US STOCKS-S&P, Nasdaq set for higher open as Nvidia set to extend rally For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window Dell, Super Micro providing server racks for xAI's supercomputer Futures mixed: S&P 500 up 0.26%, Nasdaq up 0.39%, Dow down 0.05% Updated at 0855 a.m. ET By Shubham Batra and Ankika Biswas June 20 (Reuters) - The S&P 500 and the Nasdaq were on track to open higher on Thursday propelled by a rally in Nvidia, while invest
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Reuters - 2 weeks ago

S&P, Nasdaq futures climb as Nvidia stretches rally

US STOCKS-S&P, Nasdaq futures climb as Nvidia stretches rally For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window Dell, Super Micro providing server racks for xAI's supercomputer Futures up: Dow 0.08%, S&P 500 0.40%, Nasdaq 0.60% Updated at 7:14 a.m. ET By Shubham Batra and Ankika Biswas June 20 (Reuters) - Nasdaq and S&P 500 futures jumped on Thursday as Nvidia extended its rally, while investors returning from the Juneteenth holiday awaite
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Reuters - 3 weeks ago

Nasdaq top and bottom performing stocks at about 03:45 p.m. EDT

BUZZ - Nasdaq top and bottom performing stocks at about 03:45 p.m. EDT Nasdaq 100 .NDX Top Performers Percent Change Autodesk Inc ADSK.OQ +6.8% Tesla Inc TSLA.OQ +5.8% Broadcom Inc AVGO.OQ +5.7% Micron Technology Inc MU.OQ +4.7% Synopsys Inc SNPS.OQ +4.0% Bottom Performers Percent Change Walgreens Boots Alliance Inc WBA.OQ -3.2% Atlassian Corp TEAM.OQ -2.4% Biogen Inc BIIB.OQ -2.2% ON Semiconductor Corp ON.OQ -2.0% Marvell Technology Inc MRVL.OQ -1.8% The Nasdaq 100 .NDX gained 287.51 points, or
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Reuters - 3 weeks ago

Nasdaq top and bottom performing stocks at about 12:01 p.m. EDT

BUZZ - Nasdaq top and bottom performing stocks at about 12:01 p.m. EDT Nasdaq 100 .NDX Top Performers Percent Change Autodesk Inc ADSK.OQ +5.5% Tesla Inc TSLA.OQ +4.4% Broadcom Inc AVGO.OQ +3.8% O'Reilly Automotive Inc ORLY.OQ +3.3% Micron Technology Inc MU.OQ +3.1% Bottom Performers Percent Change ON Semiconductor Corp ON.OQ -3.1% Atlassian Corp TEAM.OQ -3.0% Adobe Inc ADBE.OQ -3.0% Marvell Technology Inc MRVL.OQ -2.7% MongoDB Inc MDB.OQ -2.6% The Nasdaq 100 .NDX gained 76.76 points, or 0.39%,
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Reuters - 3 weeks ago

Broadcom soars as demand for AI chips powers forecast raise

UPDATE 1-Broadcom soars as demand for AI chips powers forecast raise Updates shares in paragraph 1, market value addition in paragraph 7, adds price target raises in paragraph 7 By Arsheeya Bajwa June 13 (Reuters) - Broadcom surged about 15 % on Thursday as its upbeat annual forecast highlighted insatiable demand for chips used in powering AI-focused technology, while its announcement of a stock split added to the euphoria.
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Reuters - 3 weeks ago

Broadcom soars as demand for AI chips powers forecast raise

REFILE-Broadcom soars as demand for AI chips powers forecast raise Corrects syntax in the headline By Arsheeya Bajwa June 13 (Reuters) - Broadcom surged more than 13% on Thursday as its upbeat annual forecast highlighted an insatiable demand for chips used in powering AI-focused technology, while its announcement of a stock split added to the euphoria.
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