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Micron Technology (MU) stock fell 4% on Thursday as investors weighed rising US Treasury yields and higher crude oil prices ahead of the memory chipmaker’s fiscal fourth-quarter earnings report on…
Nike (NKE) shares have come under pressure on Friday after a Bank of America analyst, Lorraine Hutchinson, downgraded the athletic footwear company to underperform. In her research note, Hutchinson lowered…
US companies have been delivering one of the strongest earnings seasons in years, but the market response has exposed a problem for anyone still treating a quarterly beat as the…
Anthropic is reportedly targeting a November Nasdaq listing at a valuation investors are discussing near $2 trillion. That figure would more than double the $965 billion post-money valuation set in…
Bloom Energy stock is in the spotlight this week because of its role in the beleaguered data center project in New Mexico. BE dropped to $254 on Thursday, before recovering…
The 10-year Treasury yield reached a high of about 5.2% on September 24, a multi-decade high that should, by conventional logic, compress valuations across richly priced technology stocks. Instead, the…
Costco Wholesale (COST) posted market-beating financials for its fourth quarter last night, which is why the retailer’s share price sits comfortably in the green at writing. Yet, a deeper dive…
American investors are piling into boomer candy ETFs like the Goldman Sachs S&P 500 Premium Income ETF (GPIX), NEOS S&P 500 High Income ETF (SPYI), and JPMorgan Equity Premium Income…
