How will this ‘wacky’ 2024 election impact stocks? Maybe not how you think
Inflation! Jobs! Deficits! Tariffs! Regulation! Tax cuts! Tax increases! Sure, there are plenty of economic issues to worry about when it comes to the 2024 election, but that’s separate from which candidates are being attacked and who’s confusing the running mate with the running mate. So what does this massive election drama mean for the […]
Small Stocks Keeled Over after Brief Super-Hyped “Rotation” Spike. Magnificent 7 lost $1.3 trillion in Seven Days – WOLF STREET
$1.3 trillion came and went in less than a month and people didn’t even notice. Amazing. From WOLF STREET by Wolf Richter. The week was marked by a continued sell-off in tech stocks and a wilting of the much-touted “rotation” into smaller caps. The S&P 500 fell 2.0%, the Nasdaq Composite fell 3.6%, the Nasdaq […]
2 Growth Stocks That Could Skyrocket in the Back Half of 2024 and Beyond – Yahoo Finance
Lululemon Athletica (Nasdaq: LULU) and Celsius Holdings (Nasdaq: CELH) are two consumer brands that have been hugely popular for years. Both stocks have performed well over the past few years but have seen significant sell-offs this year. Let’s take a look at why these stocks were sold off and why they are likely to rebound […]
Real estate stocks gain as traders look for alternatives to tech stocks (NYSEARCA:XLRE) – Seeking Alpha
Esch Collection/Digital Vision via Getty Images Real estate stocks rose this week as the market priced in a near-certain Federal Reserve interest rate cut in September and traders began moving out of tech stocks into other assets, including defensive and value sectors. Small cap stocks. Meanwhile, the assassination attempt has increased the odds that former […]
Trump, Vance, RNC, stocks | Fox Business
Heritage Foundation economist Steve Moore responded to President Trump’s latest pledges to cut taxes and end inflation during his “Cavuto: Coast to Coast” speech at the Republican National Convention. American CEOs have expressed shock at the assassination attempt on former President Trump. Despite the heinous act, Trump moved on and attended the Republican National Convention […]
Here's why chip stocks are falling
Reports of tightening U.S. export controls on China and former President Trump’s comments about defending Taiwan have shaken the industry, causing shares in several semiconductor manufacturers to fall over the past two days. Taiwan Semiconductor Manufacturing Co. (TSMC) shares fell 7.7% from Tuesday’s market close to Thursday’s, but recovered slightly by Thursday afternoon after the […]
Stocks making the biggest moves after hours: Intuitive Surgical, Netflix and more – CNBC
These are the stocks with notable moves after the market closed on July 18: Netflix — The streaming giant fell less than 1% after its second-quarter sales and profits beat expectations. Netflix reported earnings of $4.88 per share on revenue of $9.56 billion. Analysts surveyed by LSEG had expected $4.74 per share on revenue of […]
Computer chip stocks plunge as Biden trade controls, Trump’s Taiwan remarks rattle investors
Shares of major computer chip makers including Nvidia and TSMC continued to fall on Thursday as warnings from both President Biden and Republican nominee Donald Trump rekindled geopolitical concerns among investors. The sell-off came after the Biden administration threatened to impose tough limits on foreign chipmakers’ exports to China and after former President Donald Trump […]
Asian Stocks Decline as Chip Selloff Gains Steam: Markets Wrap – Yahoo Finance
(Bloomberg) — Asian shares fell on Thursday as worries over tightening U.S. restrictions on semiconductor sales to China deepened a global sell-off in technology shares. Most read articles on Bloomberg Stocks in Japan and South Korea fell, with the Tokyo Stock Exchange down 1.5%, weighed down by a stronger yen and heavy selling by chipmakers […]
Stocks making the biggest moves after hours: United Airlines, Discover Financial Services, Kinder Morgan and more – CNBC
Here’s a look at some companies that were making waves in after-hours trading: Discover Financial Services — Shares rose 2.7% after Discover Financial Services reported second-quarter results. The banking and payments company reported net interest income of $3.52 billion, beating the FactSet consensus estimate of $3.46 billion. Earnings per share of $6.06 beat analysts’ estimates […]