Nvidia shares rose on Tuesday, putting the stock on track for a 10th consecutive session of gains. At the time of writing, the Nvidia stock was up 1.6% to trade around $192. The move was supported by a broader market rally. The S&P 500 gained 0.4%, while the Dow Jones Industrial Average added 158 points,
Shares of Wells Fargo fell on Tuesday after the lender reported first-quarter net interest income that came in below Wall Street expectations, highlighting the near-term pressure from lower interest rates even as broader fundamentals remained stable. The stock dropped about 4.9% following the results, extending its year-to-date decline to roughly 13%. The reaction came despite
Bitget has introduced its UEX VIP Airdrop Season, a new tier of benefits designed to give VIP clients early and preferential access to high-demand pre-IPO opportunities following the launch of IPO Prime. VIP users will receive priority exposure to preSPAX, the first asset listed under IPO Prime, designed to reflect the economic performance of SpaceX
Oil prices moved sharply higher as the United States prepared to impose a blockade in the Strait of Hormuz. However, broader financial markets showed a surprising degree of restraint, reflecting investor expectations that the conflict may not spiral further. US equity futures slipped only modestly, with the S&P 500 and Nasdaq 100 futures both down
Goldman Sachs reported a 19% increase in its first-quarter profit, as a rebound in mergers and acquisitions activity and strong equities trading powered a near-record performance for its core banking and markets division. The Wall Street lender said profit applicable to common shareholders rose to [MONEY value=”5400000000″ currency=”usd” notation=”long” replace=”false”], or $17.55 per share, compared
Shares of Goldman Sachs fell more than 4% in premarket trading despite the Wall Street giant reporting a strong first-quarter performance, as investors focused on weaknesses in parts of its business and a more uncertain outlook. The bank said profit rose 19% in the first quarter, supported by a rebound in dealmaking and heightened market
Shares of Palantir Technologies rose in early trading on Monday, rebounding after a recent selloff as high-profile support from investors and political figures helped lift sentiment. The stock gained about 2.49% before the bell, trading near $131, even as broader market futures pointed lower amid geopolitical tensions. The move higher follows a difficult stretch for
US stocks fell sharply on Monday, starting the week on a weak note as investors reacted to the collapse of US-Iran weekend talks and a surge in oil prices following fresh military developments in the Strait of Hormuz. The Dow Jones Industrial Average dropped 368 points, while the S&P 500 fell around 0.32%, and the
The VanEck Semiconductor ETF (SMH) is in sharp focus on Apr. 13 after the high-stakes US-Iran peace talks collapsed, dashing hopes of a diplomatic resolution in the Middle East. SMH is now flashing technical caution as its relative strength index (RSI) hovers in the late 60s, a level that suggests the asset is rapidly approaching
Intel stock price has staged a strong comeback this year and is now hovering near its all-time high. It soared to $62.40, up by over 245% from its lowest level last year, bringing its market capitalization to over $313 billion. Intel stock has soared as numerous catalysts converged INTC stock has rebounded in the past