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
Micron Technology MU and SK Hynix shares traded lower on Monday as investors assessed the competitive implications of progress by China’s ChangXin Memory Technologies (CXMT) in developing a new memory-chip design that can store more data. Broader weakness in technology shares added to the selling pressure as oil prices climbed to their highest levels in
Crude oil price held steady on Friday, with Brent ending the week at $104.5 and the West Texas Intermediate (WTI) hitting $93. Brent has jumped by nearly 10% from its lowest level this month, and this recovery may continue as the Middle East erupts. Houthi and Saudi Arabia crisis escalates Crude oil prices reacted mildly
SpaceX chief Elon Musk’s years-long effort to bring its satellite internet service Starlink to India took a dramatic turn this week. Musk, whose company competes with Ambani’s Reliance Jio and Eutelsat’s OneWeb in India’s satellite communications market, on Thursday took to X, the social media platform he owns, to challenge the delay in Starlink’s commercial
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
Gold prices rose in early trading Thursday while silver declined sharply as oil prices climbed and Treasury yields remained near multi-decade highs, keeping inflation and interest-rate risks in focus. At the time of writing, spot gold was trading at $4128 an ounce, up around 0.40% on the day. Spot silver fell close to 1% and
CoreWeave stock climbed to $91.90 on Tuesday, tracking gains across other neocloud companies such as IREN and Nebius. The shares are now up more than 50% from their lowest level this year. Still, despite this strong rally, the company faces substantial risks ahead. CoreWeave stock jumps as AI companies rally The ongoing CRWV stock rebound
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
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
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.