Market News
Stay updated with the latest market trends, earnings, and economic indicators.
Wall Street slips as AI stocks drag despite gains in consumer names and easing Treasury yields
Tech heavyweights led by Micron, AMD and Nvidia weighed on markets, while General Mills, Nike and Kroger advanced. Falling oil prices and softer manufacturing data helped ease inflation and rate concerns.
AI-fuelled chip stock rally hits speed bump despite record quarterly gains
Micron, Intel, AMD, and Sandisk have faced pressure amid concerns about the sustainability of AI-driven stock performance, leading to a global tech sell-off in June. Despite recent declines, semiconductor stocks are still set for record quarterly performances due to strong AI demand.
Micron, AMD, SpaceX & Meta Headline Wall Street Rally With Up To 10% Gains: Check Key Winners
Wall Street's big tech rallies on Monday.
Explained: Why Netweb Technologies shares surged 15% today
Netweb Tech counts global technology leaders such as Nvidia, Samsung, AMD and Intel among its key partners, relationships that Crisil said provide access to technology roadmaps well ahead of market launches.
S&P 500 Snaps Four-Day Losing Streak as Yields Ease and Tech Stocks Surge
Falling oil prices and cooling inflation fears pulled Treasury yields lower, giving Wall Street the boost it needed as Nvidia, AMD and Intel led a broad market rally toward record highs.
Qualcomm, Nvidia, AMD and Intel plunge up to 15% as hot US inflation data dents AI rally sentiment
The Nasdaq-100 fell 2.3% amid a tech stock sell-off, despite a 16% April surge. Inflation concerns and geopolitical tensions affected investor sentiment, particularly in chip stocks like Qualcomm and Intel. The Fed may consider a rate hike as inflation rises due to the Iran conflict.
AMD shares jump over 21% to record high after strong Q1 earnings, upbeat outlook
Advanced Micro Devices shares rose 22% to $430 after reporting strong Q1 earnings of $10.3 billion, driven by demand for AI-related chips. The company expects Q2 revenue of $11.2 billion, boosted by a growing data centre market and partnerships with major tech firms.
Dow Jones recovers nearly 50% of Monday's sell-off as software, tech shares see relief rally
AMD shares led the rebound in tech stocks on Tuesday as the 9% advance was triggered by a partnership with Meta Platforms. Software stocks like Salesforce also staged a rebound.