Shares of Advanced Micro Devices Inc. (AMD) tumbled on Wednesday as its revenue outlook failed to impress investors, despite the company reporting better-than-expected second-quarter earnings and revenue. While the stock was under pressure, Wall Street analysts largely maintained their bullish outl…
Wall Street saw a distinct tactical shift in July as institutional capital pivoted away from high-momentum AI and mega-cap technology stocks into defensive sectors.Broader equity market volatility, fueled by mounting geopolitical friction and disappointing earnings reactions to massive technology i…
U.S. stock futures declined in the overnight session late Thursday, reversing gains in the regular session, which were driven by gains in major chipmaking stocks.Meanwhile, U.S. President Donald Trump told reporters on board Air Force One that Iran “badly” wants to make a deal after America had “ju…
U.S. stock indices ended lower on Tuesday as investors sold off high-growth tech and chipmaker stocks as Treasury yields spiked owing to a jump in oil prices after Iran attacked a Qatari shipment in the Strait of Hormuz.The S&P 500 ended 0.5% lower, while the Nasdaq 100 lost 1.8% and the Dow Jones…
