Why is Nvidia stock rising on Wednesday?
Nvidia shares NVDA rose more than 1.6% on Wednesday as softer-than-expected US inflation boosted hopes that the Federal Reserve may hold off on another interest rate increase as soon as…
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Category: Stock
Why is HPE stock gaining today?
HPE stock gained 5% on Wednesday after Hewlett Packard Enterprise announced a $1.2 billion order from Vultr for AMD Helios AI Rack systems across Vultr’s US data centers. The order…
Why PCE inflation data is not an all clear for US stocks
US stocks caught a breath of fresh air on September 30 as soft inflation data sparked an early rally and dragged Treasury yields down. August’s personal consumption expenditures (PCE) price…
Why are Micron, SK Hynix, and SanDisk stocks gaining on Tuesday?
Shares of memory-chip makers Micron Technology, SK Hynix and SanDisk rose on Tuesday as optimism around artificial intelligence spending outweighed pressure from elevated oil prices and government bond yields. The…
What’s driving Navitas Semiconductor stock higher and is there more to come?
Navitas Semiconductor (NVTS) stock opened in the green on Tuesday after getting selected by the US Army for its prestigious Advanced High-Power Electronics (ALATTIS) initiative. Under this contract, the power…
Carnival’s debt wall sprint: can record profits beat higher rates?
Carnival (CCL) delivered a blockbuster Q3 earnings report today, outperforming guidance with an all-time high net income of $1.9 billion and record revenues of $8.44 billion. While investors celebrated the…
Why are Intel and AMD stocks falling on Monday?
Intel and AMD stocks fell sharply on Monday as rising oil prices and Treasury yields put pressure on broader markets, with chip and AI-related shares bearing the brunt of the…
Tesla stock: why the upcoming delivery report may not matter much
Tesla (TSLA) faces a pivotal week as it prepares to unveil the long-awaited next-gen Roadster on Thursday and then its third-quarter (Q3) deliveries a day after. While quarterly delivery report…
Micron stock falls 4%, why this analyst sees 40% upside for the stock?
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…