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U.S. stocks gain as AI dealmaking offsets software selloff
U.S. equities advanced Wednesday, with the S&P 500 up 0.5% and the Dow up 0.4%, as AI dealmaking helped offset declines in software and cybersecurity shares.
BitMine rises after updating Ethereum treasury strategy
BitMine Immersion Technologies says its Ethereum holdings reached 5.85 million tokens and its crypto assets, cash, marketable securities and "moonshot" investments totaled $14.9 billion.
Bitcoin tops $77,000 as U.S. equities steady
Bitcoin rallies above $77,000, U.S. equities steady, and S&P Global’s flash composite PMI jumps to 56.0 in August from 54.5, while gold hits a three-month high.
Nasdaq slides as long-end yields pressure chip stocks
The Nasdaq 100 fell 1.7% as 30-year Treasury yields held at 5.30% and rate-hike bets eased, while the optical and AI-hardware complex sold off sharply.
U.S. stocks drift lower as New York Fed index jumps
U.S. stocks were mostly lower by midday Monday, while the New York Fed’s Empire State Manufacturing Index rose to 20.6 in August from 15.6, above the 11 consensus.
U.S. data weakens as yields rise and stocks split
U.S. retail sales fell 0.6% in July versus expectations for a 0.1% gain, consumer sentiment dropped to 51, and Treasury yields climbed as small caps held up while tech lagged.
US Inflation Rises 0.1% Month-Over-Month
The July consumer price index rose 0.1% month-over-month and 3.4% year-over-year
S&P 500 Hits Record Highs, Palantir Jumps 27%: Stock Market Today
U.S. equities powered to fresh record highs by midday Tuesday as blowout guidance from Palantir Technologies Inc. (NASDAQ: PLTR ) and a Caterpillar Inc. (NYSE: CAT ) earnings beat reignited the AI trade, while crude oil tumbled more than 5% on growing conviction that a deal to reopen the Strait of Hormuz is days away.
Meta Stock Trades Below Three of Its Four Key Averages Ahead of Earnings
Meta Platforms Inc. (NASDAQ: META ) shares are in the spotlight Thursday, with earnings on deck, recent analyst activity, a mixed technical setup and a lingering death cross all drawing attention. Meta Platforms stock is under selling pressure. Why are META shares declining? Earnings Preview & History Meta is scheduled
SPCX Plunges 32%
SpaceX stock plunges 32% from peak as Polymarket bettors turn against it holding above $135 IPO price by the end of June