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Billionaire activist Dan Loeb ‘s Third Point LLC raised a stake in ASML Holding (NASDAQ: ASML ) in the second quarter. The investor more than doubled its stake in the semiconductor company, increasing it from 12,000 in the first quarter of 2026 to 30,000 as of June 30. Meanwhile, Third Point exited its entire stake in
U.S. equities slipped as August payrolls of 162,000, far above the 55,000 consensus, pushed traders toward a higher Fed-rate path. Chips outperformed while software, retail, gold and bitcoin weakened.
Bad news was once again good news for Wall Street. A surprisingly weak U.S. jobs report sent investors rushing back into speculative technology stocks Friday, as slowing labor-market momentum fueled hopes the Federal Reserve will keep interest rates on hold rather than resume tightening next month. The U.S. economy une
Sandisk Corporation (NASDAQ: SNDK ) stock fell nearly 10% in Thursday’s premarket session as investors questioned whether the memory-chip maker can sustain its unusually high profit margins after posting stronger-than-expected quarterly results. The reaction contrasted with Sandisk’s quarterly performance. The company
A deepening sell-off gripped Wall Street midday Wednesday as crude oil spiked on a fresh U.S.-Iran escalation just hours before the Federal Reserve’s rate verdict, dragging the S&P 500 to four-week lows and knocking the Nasdaq 100 down more than 10% from prior records. President Donald Trump threatened strikes against
KLA Corp. (NASDAQ: KLAC ) posted its fourth-quarter results after Tuesday’s closing bell, just beating analyst estimates and issuing disappointing forward guidance with the report. Here’s a look at the details. KLAC stock is moving. Watch the price action here. KLA Q4 Details KLA reported quarterly earnings of $1.05 pe
KLAC down ah
S&P 500 futures rise 0.79% after Micron Technology's strong quarterly earnings and ahead of key economic data releases
The Nasdaq 100 sinks 2.4% as a global sell-off in semiconductor shares hammers the index, while the Dow Jones edges up 0.2%.