Investors react to SK Hynix's Nasdaq debut and long-term supply expansion plans, pressuring Micron's stock amid pricing concerns. Micron (NASDAQ: MU) shares declined 3.9% by mid-morning trading, tracking a reversal in SK Hynix (NASDAQ: SKHY) stock following its Nasdaq debu
NIO shares rise after Goldman Sachs upgrades the EV maker and sets a 46% upside target amid improving profitability outlook. NIO shares climbed 3.7% to $4.96 after Goldman Sachs upgraded the stock to "buy" from "hold" and set a $7 price target, representing 46% upside from
The Philadelphia semiconductor index fell over 3% Monday, dragging ARM and other major chip stocks lower despite strong TSM data. The Philadelphia semiconductor index, SOX, dropped more than 3% in late-morning trading Monday, led by declines in Arm Holdings (ARM) and Marve
AWS growth accelerates to 28% on a $150 billion annualized run rate, with $364 billion in backlog and $225 billion in chip commitments. Amazon plans $128 billion in capital expenditures for 2026, surpassing Microsoft’s $96 billion and Alphabet’s $93 billion. The spending f
AMZN and GOOG Q1 EPS surged 61% and 94%, respectively, lowering the threshold for Q2 earnings surprises. Amazon and Alphabet posted first-quarter earnings per share that exceeded estimates by 61% and 94%, respectively, reducing pressure on second-quarter results. The stron
A fresh batch of analysts, 15 in total, have recently issued new ratings for Space Exploration Technologies (NASDAQ: SPCX). One among them was particularly notable for its optimism, as it forecasts the company's share price will climb to $800 over the next 12 to 18 months<
Nearly 9% of working-age adults missed credit card payments for groceries last year, up from 7.1% in 2023, per new data. More than a quarter of US working-age adults who used credit cards for groceries last year failed to repay bills in full, either making minimum payments
Quick Read - Costco sells inventory before supplier invoices arrive, letting vendors finance its shelves and generating 29.1% ROE on just 3% profit margins. - COST shares trade at roughly 37 times fiscal 2028 EPS, while 82.9 million members renewing near 92% power the long-term...</strong
Quick Read - PFFA generates a near-10% monthly yield by running 20.5% leverage and actively selecting high-coupon preferred issues that passive index funds underweight or exclude. - PFF and PFFD trade leverage risk for lower yields; PFFA has raised its monthly distribution every...</stron
Salesforce, Workday, and Adobe gain 3-5% despite broader tech index decline on semiconductor weakness. Salesforce, Workday, and Adobe climbed 4.9%, 4.3%, and 3%, respectively, in early trading Monday as enterprise software outperformed. The gains contrasted with a nearly 1
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