The S&P 500 and Nasdaq both notched solid gains for Wednesday, led by a pickup in tech stocks. Apple and Nvidia—both valued at more than $3 trillion—jumped more than 2% during the day. The Dow slipped about 10 points by the close, though...
Continue ReadingAs the July 9 tariff deadline approaches, expect more deals in coming days, but the drama is far from over. Who is in and who is out—for now...
Continue Reading(Bloomberg) -- President Donald Trump’s administration has lifted recent export license requirements for chip design software sales in China, as Washington and Beijing implement a trade deal for both countries to ease some restrictions on critical technologies.Most Read from BloombergNYC Commutes Resume After Midtown Bus Terminal Crash ChaosStruggling Downtowns Are Looking to Lure New CrowdsMassachusetts to Follow NYC in Making Landlords Pay Broker FeesWhat Gothenburg Got Out of Congestion Prici...
Continue ReadingAlphabet leads in AI with Gemini powering coding, Sheets, and Waymo, yet trades cheap as search fears linger. See why GOOGL stock is a buy...
Continue ReadingFoxconn recall exposes mounting pressure on Apple's supply chain shift from China to India...
Continue ReadingThe S&P 500 and Nasdaq both notched solid gains for Wednesday, led by a pickup in tech stocks. Apple and Nvidia—both valued at more than $3 trillion—jumped more than 2% during the day. The Dow slipped about 10 points by the close, though...
Continue ReadingHealthcare insurer stocks, like UnitedHealth (UNH), Centene (CNC), and Oscar Health (OSCR), tumble as policy changes threaten the US government's Medicaid spending. Apple (AAPL) stock was upgraded to Hold from Underperform by Jefferies, highlighting potential upside for the June quarter. To watch more expert insights and analysis on the latest market action, check out more Market Domination Overtime here...
Continue ReadingAnother day of gains from big tech stocks lifted the S&P 500 and Nasdaq composite to fresh records on Wednesday. Technology shares in the S&P 500 rose more than 1%, buoyed by climbs in Apple Nvidia and Tesla —three stocks that number among the so-called Magnificent Seven that have helped power major indexes to new records in recent years. The tech-heavy Nasdaq added 0.9% to settle at its third record of the year, while the Dow Jones Industrial Average fell around 11 points, or less than 0.1%, to 44484.42...
Continue ReadingThrough its CPU architecture licensing, Arm has broad exposure to AI growth. The stock seemed to gain on Apple's WWDC conference. Shares of Arm Holdings (NASDAQ: ARM) shot up last month on a broader bullish trend in the semiconductor industry that lifted peers like Nvidia and AMD as concerns around tariffs and a potential recession simmered down, and the risk-on artificial intelligence (AI) trade returned...
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