By Ragini Mathur and Avinash PThe S&P 500 and the Nasdaq rose on Monday as chip stocks rebounded, with Broadcom advancing after extending its partnership with Apple, while investors looked ahead to the start of the second-quarter earnings season.The Dow DJ:DJI briefly hit a fresh intraday record e…
Neil Wilson, UK investor strategist at Saxo Markets, said Shell’s second-quarter update is expected to show how much profit has been generated thanks to the elevated oil price. "However investors are likely to be more focused on any guidance and outlook for the rest of the year as crude benchmarks…
NASDAQ, S&P 500 CLIMB EARLY WITH CHIPS, TECHThe Nasdaq TVC:IXIC and S&P 500 CBOE:SPX are higher in early trading on Monday after the long holiday weekend as chip and other technology stocks gain. The Dow DJ:DJI is lower.An index of semiconductors NASDAQ:SOX is up 4.8% after recent sharp losses, whi…
President Donald Trump on Monday announced the debut of Trump Accounts, saying that more than $800 million will be invested in the U.S. stock markets this week on behalf of American children.Addressing reporters at the White House, the U.S. President said that these Trump Accounts are being funded…
By Ragini Mathur and Avinash PThe S&P 500 and the Nasdaq rose on Monday, extending the previous week's rally as chip stocks recovered while investors looked ahead to minutes from the central bank's last meeting and the start of second-quarter earnings season later in the week.The Dow DJ:DJI briefl…
By Adam ClarkA top SpaceX executive has pledged to donate millions of shares to Trump Accounts, just days after President Donald Trump brought up the idea, but it's not CEO Elon Musk.SpaceX President Gwynne Shotwell said she and her husband would give shares of their stock in the space-and-telecoms…
Shares of Space Exploration Technologies Corp. (SPCX) were in focus on Monday, ahead of the company’s inclusion in the Nasdaq 100 index on Tuesday.SpaceX will formally join the Nasdaq 100 index under Nasdaq’s “Fast Entry” pathway announced in May this year, which will result in exchange-traded fund…
By Caitlin McCabeSpaceX's stock has been on a wild ride since its IPO last month. But buckle up: More big moves could be ahead.Elon Musk's rocket company will officially join the Nasdaq-100 index tomorrow, following Nasdaq's decision to fast-track newly public megacap companies under new inclusion…
By Callum KeownSpaceX stock had a good first week in the Russell 1000 and the index was all the better for it, too.Shares of Elon Musk's rocket and satellite company climbed 5.7% in the holiday-shortened week and the index rose 1.8%. The stock needed a boost as it had fallen 24% from its record clo…
South Korean chipmaker SK Hynix KRX:000660 will launch a U.S. listing on Monday to raise about $28 billion, according to regulatory filings, as it capitalises on the global artificial intelligence boom with one of the world's largest new share sales.The company will sell 17.79 million new shares in…
Elon Musk’s SpaceX will be officially added to the Nasdaq-100 index before the U.S. market opens on July 7, just 15 days after its June 12 Nasdaq debut, setting the fastest inclusion record since the index was created, according to Jiemian News. JPMorgan estimates Nasdaq-100 tracking products alone…
Blackstone NYSE:BX said its private equity fund for wealthy individuals delivered its strongest-ever monthly performance in May, helped by its investment in AI company Anthropic. Class I shares in Blackstone Private Equity Strategies, known as BXPE, posted net returns of 4.3% in May, lifting year-t…
