Rate Cut Mania Now Crushing Stocks after Whipping Stocks into Frenzy or Whatever. Mag 7 Down $2.5 Trillion from Peak, Nasdaq Bloodied, Semis Crushed – WOLF STREET
A 4% drop puts the Nasdaq back to where it was in November 2021. Amazon, Tesla and Alphabet are already back to levels from 3-4 years ago. Nvidia is -24% from its peak. From WOLF STREET by Wolf Richter. The rate cut is coming, and will take effect on September 18. The stock market dream […]
Nasdaq 100 futures fall after Nvidia posts quarterly earnings: Live updates – CNBC
Traders work on the floor of the New York Stock Exchange (NYSE) during morning trading in New York on August 23, 2024. Angela Weiss | AFP | Getty Images Nasdaq 100 futures fell Wednesday night after Nvidia, the artificial intelligence pioneer that's risen more than 150% this year, reported strong quarterly results that failed to […]
If Bitcoin is decoupling from NASDAQ, what does that mean for you? – AMBCrypto News
Bitcoin Deviates from Previously Observed Correlation with the Stock Market Is this separation a good thing for BTC going forward? Bitcoin has maintained a fairly good correlation with the stock market for quite some time now, but what happens when this correlation breaks down and how does that impact BTC price movements? The influx of […]
Dow jumps 600 points, S&P and Nasdaq roar higher as recession fears ease
In “Cavuto: Coast to Coast,” former St. Louis Federal Reserve Bank President and CEO James Bullard discusses whether central banks should worry about how markets will react to their decisions. U.S. stocks rose on Thursday as new jobless claims figures eased investor fears of an imminent economic downturn, providing some cheer to a turbulent week […]
Bloodbath on Wall Street as Dow, Nasdaq futures plunge amid recession fears
Wall Street’s main stock indexes fell sharply on Monday as concerns that the United States could fall into recession spread to global markets following weak economic data last week. The blue-chip Dow Jones Industrial Average plunged more than 1,100 points after the open, while the tech-heavy Nasdaq Composite Index fell nearly 5 percent after entering […]
stocks selloff, dow, S&P, Nasdaq, jobs report
Economist Peter Morici criticized the Biden administration’s economic policies, discussing tax cuts on Social Security benefits that former President Trump promoted during his election campaign. U.S. stocks are on their worst run since 2022 as a series of weak economic reports has fueled investor concern that a recession is on the way. All three major […]
S&P 500, Nasdaq eke out small gain Monday as investors gear up for big tech earnings this week: Live updates – CNBC
1 hour ago S&P 500 and Nasdaq end Monday with modest gains The S&P 500 and Nasdaq Composite Indexes were up slightly on Monday as investors focused on earnings forecasts from major technology companies due to be released in the coming days. The S&P 500 rose 0.08% to finish at 5,463.54, the Nasdaq Composite rose […]
Nasdaq futures fall after Alphabet, Tesla report earnings: Live updates – CNBC
35 minutes ago Tesla misses profit target for fourth consecutive year Tesla reported weaker-than-expected profits on Tuesday, making it the first electric-car maker to post four consecutive earnings misses. Second-quarter profits fell 17% below consensus, the biggest profit fall since January 2021. Tesla’s gross margin fell to 14.6% in the latest quarter, halving from 30% […]
'Another Nasdaq crash?': SocGen warns of potential US tech sector bubble burst – Investing.com
Strategists at Societe Generale (OTC:) are warning growth-oriented investors that a bubble in the U.S. technology sector could be about to burst. The bank highlighted the large market capitalization of U.S. technology companies, noting that small caps have recently surged in contrast to declines for big tech companies, including the “Magnificent Seven.” “With the US […]
Dow Jones Today: Tech Selloff Sends Nasdaq, S&P 500 Lower as Investors Rotate Into Small Caps – Investopedia
S&P majors on Thursday 1 hour 36 minutes ago Rejectors Tesla Tesla (TSLA) shares had the biggest fall among S&P 500 stocks, plummeting 8.4% after reports the company would delay its robotaxi launch. The company had previously suggested it would hold an event on August 8 to unveil its autonomous vehicle solution, but Bloomberg reported […]