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US stock indices pulled back from session highs on Tuesday as Treasuries reversed gains and pressured AI infrastructure names alongside major earnings. Chipmakers extended declines on reports that China's CXMT advanced new memory architecture, threatening US and Korean rivals. Broadcom CEO Hock Tan also warned of exces
Samsung Electronics is expected to report a nearly nine-fold jump in third-quarter operating profit driven by robust AI demand, though analysts have cut forecasts by nearly 8% since the end of August. Chip prices rise but pace of growth slows, with memory chip margins potentially flat.
Unity Software Inc. (NYSE: U ) shares are jumping Thursday, moving in sympathy with Accenture after that company posted better-than-expected fourth-quarter results and issued fiscal 2027 sales guidance above analyst estimates. Unity Software stock is showing exceptional strength. What’s behind U gains? Accenture’s Stro
The S&P 500, Nasdaq and Dow rose after the Commerce Department said August PCE increased 3.4% year on year, below expectations. Traders cut bets on an October rate hike, while Boeing, Moderna and HPE moved on company-specific news.
Major Asian, US and European stock indexes were lower, while bonds and the dollar were mixed. The report also showed Brent crude higher and gold at a more than seven-week low.
Major stock indexes fell, with the MSCI world gauge down 0.83%, as oil prices resumed their rise and Treasury yields extended gains. Spot gold dropped 3.5% to a more than seven-week low.
ServiceNow Inc. (NYSE: NOW ) stock jumped more than 8% on Monday, extending gains after last week’s strong second-quarter earnings report and outperforming a weak technology sector as investors continued to buy the software stock. The company beat Wall Street’s expectations with adjusted earnings of 90 cents per share
Intel Corp. (NASDAQ: INTC ) stock fell nearly 2% in Wednesday’s premarket session as investors turned cautious following a weaker overnight market backdrop. Nasdaq futures were down 0.54%, while S&P 500 futures slipped 0.31%, weighing on technology stocks ahead of the opening bell. Intel appeared to be facing profit-ta
South Korea's KOSPI index suffers a near-vertical drop, plunging 10% before rebounding 2% the next day, driven by weakness in Samsung and SK Hynix stocks
Alternative semiconductor stock to Micron Technology gains attention, potentially posing competition