The S&P 500 managed to eke out a slight gain on Thursday to snap a four-session losing skid thanks to a late rally as investors eyed a key report on the labor market on Friday.
Technology stocks recovered partially Thursday afternoon, with the SPDR Technology Select Sector ETF (XLK) dropping 1.1% shortly before the closing bell although the Philadelphia Semiconductor Index was sinking 2.6% after the federal government issued new restrictions on exporti
Advanced Micro Devices AMD recently announced that its AMD Pensando Distributed Services Card is selected as the first data processing unit (DPU) solution to support VMware’s VMW vSphere 8, also procurable from leading server vendors like Dell Technologies DELL, HPE and L
U.S. stocks were lower for a fifth straight session on Thursday as the latest signs the labor market remains robust solidified expectations the Federal Reserve will remain aggressive in hiking interest rates even at the risk of a potential recession.
In afternoon trading on Thursday, Energy stocks are the worst performing sector, showing a 3.0% loss. Within that group, Valero Energy Corp (Symbol: VLO) and Halliburton Company (Symbol: HAL) are two large stocks that are lagging, showing a loss of 5.6% and 4.5%, respectively.
U.S. chip stocks tumbled on Thursday, with the main semiconductor index down more than 3% after Nvidia and Advanced Micro Devices said U.S. officials told them to stop exporting cutting-edge processors for artificial intelligence to China.
Technology stocks were falling hard again on Thursday, with the SPDR Technology Select Sector ETF (XLK) dropping 1.8% while the Philadelphia Semiconductor Index was sinking 3.5% this afternoon.
Nvidia (NASDAQ: NVDA) and Advanced Micro Devices (NASDAQ: AMD) each made announcements on Wednesday that the U.S. had effectively banned them from exporting their most-advanced artificial intelligence (AI) chips to China. The stocks fell in yesterday's after-hours trading followi
September got off to a stormy start on Thursday, as persistent worries about rising global interest rates and recessions hounded stocks and bonds and drove the safe-haven U.S. dollar to a 24-year high against the yen.
U.S. stock indexes slid for the fifth straight session on Thursday as fresh signs of a tight labor market raised expectations of an aggressive approach by the Federal Reserve, lifting bond yields and pressuring growth stocks.
Investors in NVIDIA Corp (Symbol: NVDA) saw new options begin trading today, for the October 14th expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the NVDA options chain for the new October 14th contracts and identified one put and one call
U.S. stock indexes fell for the fifth straight session on Thursday as fresh signs of a tight labor market raised bets in favor of the Federal Reserve's aggressive approach, lifting bond yields and pressuring growth stocks.
In early trading on Thursday, shares of Comcast topped the list of the day's best performing components of the Nasdaq 100 index, trading up 1.4%. Year to date, Comcast has lost about 27.1% of its value.
In early trading on Thursday, shares of Dollar General topped the list of the day's best performing components of the S&P 500 index, trading up 1.9%. Year to date, Dollar General registers a 2.6% gain.
Today's video focuses on Nvidia (NASDAQ: NVDA), Advanced Micro Devices (NASDAQ: AMD), and how the United States government has recently imposed a new license requirement for specific products, effective immediately, for any future exports to China and Russia. Nvidia has already i
U.S. stocks ended lower for the fourth-consecutive session on Wednesday, the last trading day of the month, to record the weakest August performance in years as concerns over steep interest rate hikes once again made investors jittery. All three major indexes ended in neg
Nvidia (NASDAQ: NVDA) stock declined 6.6% in Wednesday's after-hours trading session, following the tech giant's disclosure via a filing with the U.S. Securities and Exchange Commission (SEC) that the U.S. government has ordered it to immediately halt sales to China of certain ch
The Dow Jones Industrial Average is having a banner year compared to either the S&P 500 or the Nasdaq Composite, down 11% year to date compared to losses of 14% and 22%, respectively, for the other indexes. While those two have been in official bear market territory (and the
U.S. stock indexes were on Thursday set to begin September on a dour note as weak factory activity surveys from Europe and Asia amplified fears of a global economic slowdown.