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US stocks traded mostly higher on Wednesday, supported by upbeat results from SpaceX and Super Micro Computer that revived optimism around AI demand. The S&P 500 rose 0.3%, the Nasdaq 100 gained 0.6%, and the Dow Jones added 180 points. SpaceX climbed 9% after Elon Musk said a merger with Tesla would be “a good idea,”
A weekly roundup recaps recent stories on Palantir, Apple and Six Flags, alongside broader market developments and other stock coverage.
(Adds SpaceX also reporting results next week, latest market data) Technology shares pull back after big run AI trends in focus with results from Meta Platforms, chip companies SpaceX, Tesla, Netflix among other reports due in coming week By Lewis Krauskopf NEW YORK, Oct 16 (Reuters) — Stumbles in the market-leading AI
Howmet Aerospace reported second-quarter revenue up 24% year over year, adjusted EPS up 46% to $1.33 and EBITDA margin up 340 basis points to 32.1%. The company raised its full-year revenue, EBITDA and EPS guidance.
By Jamie McGeever ORLANDO, Florida, Oct 14 (Reuters) — US stocks fell sharply on Wednesday, with the Nasdaq clocking its biggest fall in three months, on surprisingly strong inflation data and deepening worries over the costs involved in financing the AI buildout. The inflation figures put a Fed rate hike later this mo
September CPI rose 3.7% year over year, above the 3.6% forecast and up from 3.4% in August. By midday, the Nasdaq 100 was down 1.0%, the S&P 500 fell 0.7%, and the 2-year Treasury yield had risen 14 basis points to 4.93%.
Workspace search string for individual stock moves: STXBZ The Day Ahead newsletter: The Morning News Call newsletter: (.) US stock indexes were mixed on Monday, with tech heavyweights facing heat as oil prices touched their highest in about two weeks ahead of big bank earnings and inflation data due later in the week t
Bank of America analysts raised Soitec to buy from neutral, saying photonics should significantly expand the French semiconductor-materials maker's gross margin over the coming years. They see gross margin rising to 29% in fiscal 2027, 39% in fiscal 2028 and 44% in fiscal 2029.
US stock index futures climbed on Tuesday as Treasury yields retreated from multi-year highs and oil prices eased. This offers investors some relief before the quarterly earnings season begins.
Brent rose 1.6% to $106.00 a barrel and US crude added 1.1% to $93.47. The 30-year Treasury yield nudged up to 5.5185% while the dollar index hit two-month peaks.
examined the prospects for many investors’ favorite stocks over the last week — here’s a look at some of our top stories. U.S. stocks ended the week higher, with the Nasdaq Composite leading gains as renewed enthusiasm for artificial intelligence lifted technology shares. The S&P 500 rose about 0.7% through Thursday, w
HIVE Digital Technologies (NASDAQ: HIVE ) held its first-quarter earnings conference call on Monday. Below is the complete transcript from the call. This content is powered APIs. For comprehensive financial data and transcripts, visit View the webcast at Summary HIVE Digital Technologies reported a 73% year-over-year r
Barclays (NYSE: BCS ) held its second-quarter earnings conference call on Tuesday. Below is the complete transcript from the call. APIs provide real-time access to earnings call transcripts and financial data. Visit to learn more. Access the full call at Summary Barclays PLC reported a significant increase in sharehold
US stocks rise on Tuesday, with the S&P 500 and Dow up 0.5% and the Nasdaq 100 up 0.6%, while tech and AI-infrastructure names rebound as Treasury yields soften.
Sandisk Corp. (NASDAQ: SNDK ) shares climbed nearly 5% in Tuesday’s premarket session as investors positioned ahead of the company’s second-quarter earnings report, scheduled for Wednesday. The broader market also supported sentiment. Nasdaq futures gained 0.89%, while S&P 500 futures rose 0.25%. Earnings In Focus The
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