The jobs market steps into the spotlight this week, while second-quarter earnings season continues apace. Here’s a closer look at what to expect in the coming days. We’ll start with the Club holdings set to report, before touching on the labor-market updates and their implications for Federal Reserve policy. 1. Earnings : The action kicks…
A semiconductor wafer is on display at Touch Taiwan, an annual display exhibition in Taipei, Taiwan April 16, 2025. Ann Wang | Reuters Asian technology stocks extended their sell-off on Wednesday, with semiconductor names leading declines after another weak session in the U.S. In South Korea, SK Hynix slid more than 10% after the chip…
We’re in one of those markets where it seems like nothing is working. The pain starts early with the evening S & P and Nasdaq futures giving you a double dose of crimson. But the trusty S & P Short Range Oscillator isn’t oversold enough to hold your nose and buy something. So you just…
The AI trade dominated the market once again this week, upstaging an impressive start to the second-quarter earnings season. Cooler-than-expected June reports on consumer and producer prices offered encouraging signs that inflation continued to ease, while earnings from the nation’s largest banks reinforced the strength of capital markets. At the same time, investors kept one…
CNBC’s Jim Cramer said Tuesday that today’s stock market is nowhere near the kind of bubble that preceded the dot-com crash. While companies such as SpaceX may fuel perceptions of excess, Cramer argued they are exceptions to the rule, rather than representative of the broader market. “There are always outliers,” the “Mad Money” host said….
Wall Street’s record-setting start to the week ran into two familiar sources of volatility: the artificial intelligence trade and oil. The Dow Jones Industrial Average on Monday closed above 53,000 for the first time ever before renewed U.S.-Iran tensions erased those gains, leaving the blue-chip index down 0.5% for the week. Chip stocks — once…
I sure didn’t want what happened to occur, at least not during my vacation, of all things. But it did, and we have to deal with the fallout head-on because it came as such a surprise to many. Imagine for a moment there were five geese — Amazon , Alphabet , Microsoft , Meta Platforms ,…
Wall Street spent the week debating who the biggest winners and losers of the artificial intelligence boom will ultimately be. Memory chipmaker Micron’s blockbuster earnings reinforced the fervent demand for computing resources, but it also led investors to question whether the AI buildout is becoming too expensive for the hyperscalers funding it. The tech-heavy Nasdaq…
Samuel Boivin | Nurphoto | Getty Images Micron Technology’s shares tumbled on Friday, giving back some of the gains from a post-earnings rally, as the memory chipmaker looked to wrap a rocky week of trading that has seen big swings. The stock sank more than 6% as other tech firms also struggled. Intel fell 3%, Arm shed nearly…
Apple shares took a big hit Thursday after the company announced bigger-than-expected price hikes on its MacBooks and iPads. It’s a bump in the road — but one that the tech giant is well-equipped to handle. The stock had its worst single session in more than a year, falling more than 6%, as management made…
