Third-quarter earnings season has opened unevenly. JPMorgan, Wells Fargo and Citigroup posted missed results this week, while UnitedHealth topped forecasts for both revenue and profit. Only 27 constituent companies of…
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CoreWeave stock is getting pummeled as investors remain concerned about the neocloud industry. It dropped to $65 in the extended session, down by 53% from its highest level this year,…
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Rocket Lab stock price tumbled below a key support level as investors reacted to the new developments about Neutron, its next generation vehicle. RKLB dropped to $54.54, its lowest level…
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Memory chip stocks, including Micron Technology, Samsung Electronics and SK Hynix, have been battered several times this year by reports of technological advances at China’s ChangXin Memory Technologies (CXMT). Investors…
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US stocks opened lower on Wednesday as September inflation data came in slightly hotter than expected, pushing Treasury yields higher and adding pressure to equity valuations. Investors also assessed quarterly…
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Crude oil prices held steady on Wednesday as concerns about the escalating crisis in the Middle East continued. Brent, the top benchmark, rose to $107, while the West Texas Intermediate…
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Kinder Morgan stock has rebounded this month, moving from a low of $29.48 on October 1 to the current $33.43. It has jumped to its highest level since May 20th,…
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US stocks opened lower on Tuesday as investors assessed quarterly earnings from major banks at the start of the reporting season, while renewed weakness in semiconductor stocks weighed on Nasdaq…
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BlackRock has reduced its exposure to US equities and increased its allocation to US Treasuries as rising bond yields create more attractive income opportunities. The world’s largest asset manager cut…
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Micron stock has slipped substantially over the past few days, falling from this month’s high of $1,107 to $990. It has entered a bear market after falling more than 23%…