US inflation, sales data cool Fed hike bets; stocks hit records
The S&P 500 and Russell 2000 set fresh highs as July CPI rose 0.1% and 3.4% annually, PPI was flat, and retail sales fell 0.6% versus a 0.1% consensus gain.
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SpaceX, GameStop, Palantir and More: 5 Stocks Investors Couldn't Stop Buzzing About This Week
Retail investors talked up five hot stocks during the week (Aug. 3 to Aug. 7) on X and Reddit’s r/WallStreetBets, driven by retail hype, earnings, AI infrastructure momentum, and corporate news flow. Space Exploration Technologies Corp. (NASDAQ: SPCX ), Advanced Micro Devices Inc. (NASDAQ: AMD ), Palantir Technologies
SPCX highs of the day +1.9% at $117.45 (off lows $110.85)
SPCX highs of the day +1.9% at $117.45 (off lows $110.85)
Closing Bell Movers: Tesla, Alphabet slides after earnings
Despite the third consecutive session of gains by Semiconductors, Nasdaq Composite was the worst performing major index, ending the day near session lows below the 25,700 level. Losses among key software names as well as new low in SpaceX (SPCX), down another 7%, weighed on the tech-heavy index. In the benchmark S&P 50
SPCX lows -1.4%
SPCX lows -1.4%
Telecom Stocks Face Heavy Selling Pressure Monday: Here's Why
Verizon Communications Inc (NYSE: VZ ) and AT&T Inc (NYSE: T ) shares are falling Monday. There are reports of new satellite connectivity headlines that could reshape the U.S. wireless market. Here’s what you should know. Verizon Communications shares are sliding. What’s pressuring VZ stock? Starlink Mobile Plans Press
SpaceX Steals Show
Space stocks decline in June as SpaceX IPO steals the spotlight, with many high-flyers giving back big chunks of their 2026 gains
Korea ETF EWY Drops 10%
South Korea's ETF EWY falls 10% after a report that SK Hynix may shift DRAM capacity from high bandwidth memory used in AI data centers
Musk Net Worth Drops
Elon Musk's net worth drops by $152.3 billion to $1.1 trillion due to a decline in SpaceX stock