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 […]
Our 5 top-performing stocks since June’s monthly meeting (only one is Big Tech) – CNBC
Since the Club’s last monthly meeting in June, stocks have been performing well again. Stocks have been trading at new highs in the past few weeks as the Fed is likely to cut interest rates soon, following recent strong inflation readings. Traders now see a 100% chance of an interest rate cut by September, according […]
ASML, United Airlines And 3 Other Stocks To Watch Heading Into Wednesday – Johnson & Johnson (NYSE:JNJ) – Benzinga
With U.S. stock futures dropping on Wednesday morning, here are some stocks that could grab investors’ attention today. Wall Street is hopeful Johnson & Johnson J.N.J. Before the market opens, the company is expected to report quarterly earnings of $2.70 per share on revenue of $22.31 billion. Benzinga ProJohnson & Johnson shares rose 0.5% to […]
Stocks rise, dollar flat on solid data and rate cut prospects – Yahoo Finance
By Isla Binney and Caroline Valetkevich NEW YORK (Reuters) – Global stock indexes were mostly higher on Tuesday and the dollar strengthened against the yen as strong U.S. retail sales data supported expectations that the Federal Reserve will ease interest rates to tame inflation while avoiding a recession. Data showed retail sales in June were […]
Trump, Vance, stocks, Dow, S&P, record highs
Jason Katz, Managing Director and Senior Portfolio Manager at UBS, explains what would happen to the markets if a Republican is elected US president. Former President Trump has officially secured the Republican nomination, with Senator J.D. Vance as his running mate. The Republican senator from Ohio, a former Marine, private equity veteran and best-selling author […]
Dow Hits New Record High, Stocks Surge After Trump Survives Assassination Attempt
Investors boosted U.S. stocks on Monday as markets gauged the fallout from the weekend assassination attempt on President Donald Trump. The Dow Jones Industrial Average rose more than 180 points, or about half a percent, to a record high, with Caterpillar Inc. leading the way in the blue-chip index, with its shares up more than […]