Stocks

Stocks
Stocks

Dow closes 170 pts lower as chip stock sell off continues

US stocks ended mixed on Tuesday as investors assessed third-quarter earnings from major banks and continued selling memory chip stocks following a sharp decline in South Korea’s equity market. The S&P 500 finished nearly flat, slipping 0.02% to 7,805.83, while the Nasdaq Composite fell 0.15% to 27,203.53. The Dow Jones Industrial Average declined 0.33%, or

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Stocks

Dow closes 198 pts higher as US stocks close mixed ahead of earnings

US stocks closed mixed on Monday as investors assessed rising oil prices and geopolitical tensions ahead of a busy week of corporate earnings and inflation data that could influence the Federal Reserve’s interest rate outlook. The S&P 500 slipped 0.05% to 7,807.79, while the Dow Jones Industrial Average gained 0.38%, or 198.22 points, to close

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Stocks

Amazon plans $7 billion acquisition of Decart, a fast-growing AI startup

Amazon is in talks to acquire Decart, a fast-growing artificial intelligence (AI) company. According to the WSJ, Amazon is planning to buy the company in a $7 billion deal, marking a big jump from its last funding round in May, which valued it at $4 billion. Neither side has confirmed the deal, and according to

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Stocks

Dow rises 423 points as tech stocks rebound, telecom shares slide on SpaceX

US stocks rose on Friday as technology shares rebounded from a sell-off earlier in the week, helping Wall Street recover amid elevated Treasury yields, volatile oil prices, and concerns about artificial intelligence valuations. The Dow Jones Industrial Average gained 423 points, while investors looked ahead to third-quarter earnings and upcoming inflation data. The Dow rose

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Stocks

SoundHound stock breaks key support as short interest surges: Is a squeeze coming?

SoundHound stock has plunged to its lowest level since November 2024 as investors continue betting against the voice AI company. It slumped to a low of $5.38 on Friday, down by nearly 80% from its all-time high, a sign that Nvidia’s investment has flopped.  Investors are aggressively betting against SoundHound stock SOUN stock has plunged

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Stocks

Dow holds steady as Nasdaq falls 1.24% on AI stocks, oil surge

US stocks ended mixed on Thursday, with the Nasdaq Composite posting its steepest decline among the major indexes as artificial intelligence stocks came under pressure and rising oil prices added to inflation concerns. The Nasdaq fell 1.24% to 27,197.10 points, while the S&P 500 lost 0.46% to 7,765.70. The Dow Jones Industrial Average gained 0.09%

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Is Bending Spoons a good stock to buy today?

Bending Spoons stock has staged a strong comeback in the past three days, moving from this month’s low of $31.5 to the current $41. This rebound happened as investors bought the dip and after the company secured funding for its Miro acquisition. This article looks at whether BSP is a good stock to buy. Bending

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S&P 500 hits record high as AI stocks rise and Treasury yields ease further

US stocks ended higher on Tuesday, with the S&P 500 and Nasdaq Composite reaching record closing highs as technology stocks gained and Treasury yields eased from multi-year peaks. The S&P 500 rose 0.60% to 7,820.47, while the Nasdaq Composite gained 0.46% to 27,604.74. The Dow Jones Industrial Average advanced 0.49% to 51,531.57. Falling Treasury yields

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Stocks

Nasdaq hits record high as tech stocks rise despite Treasury yields

The Nasdaq Composite reached a fresh all-time high on Monday as technology stocks advanced despite rising US Treasury yields and investors assessed new economic data. Gains in major technology and artificial intelligence-related stocks helped lift the index, while traders also looked ahead to the Federal Reserve’s September meeting minutes and the start of third-quarter earnings

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Stocks

Goldman Sachs explains why it is bullish on Nu Holdings stock

Nu Holdings stock has pulled back sharply in recent months, falling from a high of $18.95 in January to around $13.43 today. Despite the decline, the long-term growth story remains intact, supported by the company’s expanding customer base, strong presence in Brazil, and continued push into other Latin American markets such as Mexico and Colombia.

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