Cryptocurrency News
2,421 articles
Buy the September dip in stocks as the market heads into the best 3-month stretch of the year, strategist says
Malte Mueller/Getty Images Nasdaq 100 and S&P 500 declines in September present a buying opportunity, says Ned Davis Research. Weak seasonality data and excessive pessimism readings suggest a strong 4th…
Palantir, Dell Among New S&P 500 Members as Index Rebalances
(Bloomberg) — Palantir Technologies Inc. (PLTR), Dell Technologies Inc (DELL). and Erie Indemnity Co. (ERIE) are set to join the S&P 500 as part of its latest quarterly weighting change.…
Super Micro Computer Stock Fell Today and Is Now Down 67.5% From Its High — Time to Buy Before Its Stock Split?
Super Micro Computer (NASDAQ: SMCI) stock was battered again in Friday’s trading. The server company’s share price ended the session down 6.8%, according to data from S&P Global Market Intelligence.…
Big Lots prepares bankruptcy filing with plans to sell stores, Bloomberg News reports
(Reuters) – Discount home goods retailer Big Lots is preparing to file for bankruptcy as early as this Sunday and plans to sell its chain of stores through a court-supervised…
Missed Out On Nvidia’s Run-Up? My Best AI Stock to Buy and Hold.
If you look up “artificial intelligence” (AI) in the dictionary, you might just see a picture of the Nvidia logo. I’m obviously kidding, but there’s no denying that this business has…
Why Nvidia and Chip Stocks Just Had Their Worst Week in More Than 2 Years
I-Hwa Cheng / AFP / Getty Images Nvidia CEO Jensen Huang speaks at an event in Taipei last October. Key Takeaways Chip stocks had their worst week since January 2022,…
Why Super Micro Computer Stock Is Plummeting Today
Super Micro Computer (NASDAQ: SMCI) is getting hit with another round of big sell-offs Friday. The company’s share price was down 5.5% as of 3:15 p.m. ET, according to data…
Nasdaq, S&P 500 see worst week of the year in volatile start to September
US stocks sold off Friday following a weak jobs report for August. But one economist predicts market volatility will likely continue in the months ahead. “I do think we’re probably…
Why Meta Platforms, Amazon, Alphabet, and Other “Magnificent Seven” Stocks Slumped on Friday
The biggest driver of the market rally since early last year has been the proliferation of artificial intelligence (AI). Many of the world’s largest companies have been investing heavily to…
Nvidia Stock Falls Again. Should You Buy the Dip?
Nvidia (NASDAQ: NVDA) was among the tech stocks plunging today after the Bureau of Labor Statistics reported cooler-than-expected job growth in August. Just 142,000 jobs were added last month, below…
Why Nvidia Stock Is Plummeting Again Today
Nvidia (NASDAQ: NVDA) stock is getting hit with another day of big sell-offs Friday. The company’s share price was down 4.5% as of 1:15 p.m. ET, according to data from…
One of the biggest AI stocks of the year hit with downgrade from JPMorgan
It’s been a terrible couple of weeks for Super Micro Computer (SMCI) stock. Shares of the data center server maker, considered one of this year’s biggest beneficiaries of the AI…
Super Micro Struggles with Compliance and Growth Uncertainty: JP Morgan Downgrades Stock
Super Micro Struggles with Compliance and Growth Uncertainty: JP Morgan Downgrades Stock Super Micro Computer Inc (NASDAQ:SMCI) stock price tanked after JP Morgan analyst Samik Chatterjee downgraded the rating from…
Stocks erase gains, head for big weekly losses after jobs report
Monthly revisions to August’s jobs report showed employment was revised down by a combined 86,000 for the months of June and July. But one economist told Yahoo Finance’s Morning Brief…
August US payrolls short of expectations, boosts bigger rate cut view
NEW YORK (Reuters) – STORY: U.S. employment increased less than expected in August, but a drop in the jobless rate to 4.2% suggested an orderly labor market slowdown continued and…
Super Micro Computer stock slips as JPMorgan cuts rating on uncertainty
JPMorgan analysts on Friday cut their rating on Super Micro Computer (NASDAQ: NASDAQ:SMCI) shares from Overweight to Neutral. SMCI stock slipped less than 1% in premarket trading. The move comes…
2 Top Stock-Split Stocks to Watch in September
Stock splits break high-priced stocks into smaller, more manageable pieces. These moves don’t change a company’s fundamental value, but they can make its equity more liquid and accessible for retail…
Should You Load Up on Super Micro Computer Stock While It’s Down 60% From Its All-Time High?
Super Micro Computer (NASDAQ: SMCI) was one of this year’s best-performing stocks, even outpacing Nvidia. However, it has fallen on hard times after a poorly received earnings report and a…
Futures drop as investors brace for payrolls data
(Reuters) – U.S. stock index futures fell on Friday ahead of key jobs data that could be pivotal when the Federal Reserve decides on the size of its interest rate…
1 Magnificent Stock Down 57% to Buy During the September S&P 500 Sell-Off
The S&P 500 generated a return of 15% in the first half of this year, but it recently hit a patch of volatility and is trading 3% below its July…
US Stock Futures Fall as Traders Brace for Jobs: Markets Wrap
(Bloomberg) — US stock futures fell and the dollar weakened as traders prepared for jobs data that will be critical in determining the size of a Federal Reserve interest rate…
Markets on tenterhooks ahead of key US jobs data
By Stella Qiu SYDNEY (Reuters) – Asian shares clung to tight ranges and the dollar nursed losses on Friday, with investors on tenterhooks ahead of U.S. jobs data that could…
Proposals to tax unrealized capital gains would ‘kill the stock market,’ billionaire investor Mark Cuban says
BRENDAN SMIALOWSKI/Getty Images Mark Cuban said that taxing unrealized capital gains would “kill the stock market.” President Joe Biden proposed taxing unrealized gains for people worth over $100 million. Kamala…
Broadcom Slides After Sluggish Non-AI Sales Hurt Forecast
(Bloomberg) — Broadcom Inc., a chip supplier for Apple Inc. and other big tech companies, fell in late trading after delivering a disappointing sales forecast, hurt by the portion of…