The Dow Jones Industrial Average fell 336 points to 51,492.19 in early trading on Monday as higher oil prices and Treasury yields pressured stocks. Nvidia bucked the weakness, jumping more than 3% after announcing the largest increase to a share buyback authorization on record. The S&P 500 slipped 0.50% to 7,704.53, and the Nasdaq Composite
The Roundhill Memory ETF (DRAM) heads into the week with a big catalyst ahead: Micron’s earnings. Micron is the fund’s largest holding, and the report should show whether growth across the memory industry is holding up. DRAM closed last week at $61.91, more than double its all-time low but about 24% below its all-time high
Strategy stock (formerly known as MicroStrategy) MSTR fell 0.75% on Monday after the Bitcoin treasury company disclosed another purchase of 1,665 BTC for approximately $142.7 million. According to a Form 8-K filing with the Securities and Exchange Commission, Strategy acquired the Bitcoin between Sept. 21 and Sept. 27 at an average price of $85,681 per
Meta Platforms shares META were jumping on Thursday, reversing premarket losses as investors reacted to a slew of bullish analyst commentary after the company’s Meta Connect event on Wednesday. Meta was up about 2.6% on Thursday even as Nasdaq fell by about 0.7%, and S&P 500 slipped by 0.4%. The 30-year Treasury bond yield touched
Oracle shares ORCL fell about 5% on Thursday after the company sent a force majeure notice related to Project Jupiter, a large artificial intelligence data center campus being built in New Mexico, reported Bloomberg. The notice was sent to the project’s developer, a unit of Blue Owl Capital. Oracle is not seeking to exit its
Realty Income stock is in a freefall this month. It has slumped in the last 19 consecutive days, its longest losing streak in years. It has now plunged to a low of $55.27, down by over 17% from its highest level this year. So, is this crash a good buying opportunity as it gets oversold?
Palantir stock is in a strong bull run and is slowly nearing its all-time high as the momentum that started in July gains steam. PLTR jumped to $191, its highest level since December 29, and 80% above its lowest level in July. This rally may continue, helped by its strong technicals and fundamentals. Palantir stock
The Federal Reserve delivered its first rate hike since July 2023 on Wednesday, lifting the federal funds target range by 25 basis points to 3.75%-4% in a unanimous 12-0 decision. The move was broadly expected. What investors are now trying to determine is whether the increase marks the beginning of a new tightening cycle or
Donald Trump is set to welcome Chinese President Xi Jinping to the White House next week for their second meeting this year, with the two leaders seeking to stabilise a relationship strained by trade disputes, tensions over Taiwan and Iran, and a growing rivalry over artificial intelligence. Xi’s visit, expected on Sept. 24, will be
A crypto market rally is happening today, September 19, with Bitcoin and top altcoins like Ethena (ENA), Injective (INJ), and VeChain (VET) rising by double digits. The market capitalization of all coins jumped by 4% in the last 24 hours to $2.78 trillion. This article explores some of the top reasons behind the cryptocurrency market