Shares of Intel surged nearly 15% on Thursday, as Wall Street cheered its decision to name former board member Lip-Bu Tan as CEO.
Read More Intel jumps nearly 15% as investors cheer appointment of new CEO Tan
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Nasdaq falls over 3% to six-month low on growth concerns
The tech-heavy Nasdaq led a selloff among Wall Street’s main indexes, falling over 3% to a near six-month low, on fears that a tariff war could spark an economic slowdown.
Read More Nasdaq falls over 3% to six-month low on growth concerns
AI stock shock could spark broader gains in US market
A development in the field of AI that staggered asset prices could help set the stage for broader stock strength beyond the narrow group of technology shares.
Read More AI stock shock could spark broader gains in US market
Starbucks sales set to drop again as investors wait for turnaround
Starbucks is set to report its fourth straight quarter of comparable sales decline in what could be another blow for efforts to revive demand at the struggling coffee chain.
Read More Starbucks sales set to drop again as investors wait for turnaround
Nvidia’s options primed for $300-billion price swing after earnings
Options traders are primed for a nearly $300-billion swing in Nvidia’s market value following the chipmaker’s quarterly results on Wednesday.
Read More Nvidia’s options primed for $300-billion price swing after earnings
Nvidia surpasses $3.6 trillion market value after Trump win
Shares of Nvidia rallied to a record high on Thursday, making the chipmaker the first company in history to surpass a stock market value of $3.6 trillion.
Read More Nvidia surpasses $3.6 trillion market value after Trump win