Stock Market

Stock Market

Nasdaq notches 6th day of gains as Nvidia, chips lead tech rally

Shares of AI leaders and chipmakers moved higher on Wednesday morning as easing trade tensions and new chip deals with Saudi Arabia lifted hopes for the tech sector. Here's a look at some of the top tickers trending in premarket trading: Super Micro Computer (SMCI) stock soared more than 17% on Wednesday, adding on to Tuesday's 16% gain, after Raymond James initiated coverage with an Outperform rating and $41 price target on shares. Raymond James said the company has “emerged as a market leader in AI-optimized infrastructure,” even as the...
Stock Market

Nasdaq edges higher as Nvidia, AMD lead chip gains

Shares of AI leaders and chipmakers moved higher on Wednesday morning as easing trade tensions and new chip deals with Saudi Arabia lifted hopes for the tech sector. Here's a look at some of the top tickers trending in premarket trading: Super Micro Computer (SMCI) stock soared more than 17% on Wednesday, adding on to Tuesday's 16% gain, after Raymond James initiated coverage with an Outperform rating and $41 price target on shares. Raymond James said the company has “emerged as a market leader in AI-optimized infrastructure,” even as the...
Stock Market

Why Is SMCI Stock Surging?

CHONGQING, CHINA - MAY 04: In this photo illustration, the logo of Super Micro Computer, Inc. ... More (Supermicro) is displayed on a smartphone screen, with the company's branding visible in the background, on May 04, 2025, in Chongqing, China. (Photo illustration by Cheng Xin/Getty Images)Getty Images Super Micro Computer stock (NASDAQ:SMCI) skyrocketed 16% on Tuesday after Raymond James began coverage with an Outperform rating and a $41 price target. While some of the enthusiasm is justified, considering Super Micro’s involvement in the generative AI sector and its robust recent...
Stock Market

Microchip Stock’s Rally Isn’t Built To Last

CHONGQING, CHINA - MAY 06: In this photo illustration, the logo of Microchip Technology Incorporated ... More is displayed on a smartphone screen, with the company's distinctive red branding visible in the background, on May 06, 2025, in Chongqing, China. (Photo illustration by Cheng Xin/Getty Images)Getty Images Microchip Technology stock (NASDAQ:MCHP), a firm that produces microcontrollers, mixed-signal, analog, and Flash-IP integrated circuits, surged nearly 12% in Friday's trading and is up 17% over the last five trading days. The increase follows the company's better-than-expected Q4 FY'25 earnings report (March year)...
Stock Market

Sensex Today | Stock Market LIVE Updates: GIFT Nifty points to a recovery from lows; Crude oil rises to $66 per barrel

By CNBCTV18.COM |  May 14, 2025 8:47 AM IST (Updated)Sensex Today | Stock Market LIVE Updates: Tuesday's session was a bit of a reset for Indian equities as the benchmark index gave up nearly 40% of what they had gained on Tuesday. However, despite the 350-point drop, the Nifty managed to hold levels of 24,500 on the downside, while also making a higher high on the chart, meaning Tuesday's intraday high being higher than Monday's. For now, the GIFT Nifty, an early indicator of how the Indian equities are likely to...
Stock Market

S&P 500 closes higher Tuesday, wiping out 2025 loss, as Nvidia surges

US Stock Market Updates: The S&P 500 climbed 0.72% to close at 5,886.55 on Tuesday (May 13), recovering into positive territory for the year as easing US-China trade tensions lifted investor sentiment for a second straight session. The tech-heavy Nasdaq Composite outperformed, jumping 1.61% to end at 19,010.08, powered by strong gains in chip stocks. However, the Dow Jones Industrial Average slipped 269.67 points, or 0.64%, weighed down by an 18% plunge in UnitedHealth shares.US Stock Market Updates: The S&P 500 climbed 0.72% to close at 5,886.55 on Tuesday (May...
Stock Market

Stock Market Today: UnitedHealth Drags on Dow After CEO Splits

An encouraging inflation report kept most stocks higher for a second straight day. And thanks to a big rally in several large- and mega-cap stocks, the S&P 500 is now in positive territory for the year to date.Ahead of the opening bell, the Bureau of Labor Statistics said the Consumer Price Index (CPI) rose 0.2% month over month in April, faster than March's 0.1% decline and in line with economists' projections.However, CPI was up 2.3% year over year, slower than the 2.4% consensus estimate and the lowest reading since February...
Stock Market

Dow Falls; S&P 500, Nasdaq Rise; CPI Inflation; Trump-China Deal; UnitedHealth and More Movers; Live News

As the S&P 500 rallies from its depths in early April, technical analysts see reason for both caution and optimism.The market benchmark was up 0.9% to about 5900 in Tuesday afternoon trading. The Nasdaq Composite was up 1.7%. The Dow was down 140 points, or 0.3%, but would be trading higher if not for a steep decline in UnitedHealth.Rich Ross, Evercore ISI's head of technical analysis, called the S&P 500’s sharp recovery the start of a new bull market run that targets 6150 as the index marches back toward its...
Stock Market

The Stock Market’s Boomerang Month Has Put Investors in a Bind

The stock market is now higher than before President Trump’s broad and steep tariffs sent share prices into a tailspin. The 10-year government bond yield is now largely in line with where it started the year. On Tuesday, a widely watched measure of inflation nudged lower.Judging from a snapshot of today’s financial markets, it would be easy to conclude that very little had happened over the last four and a half months.As the administration has dialed down its trade offensive, delaying the worst of the tariffs announced on April 2...
Stock Market

Inflation data, Dow, S&P 500 and Nasdaq move on trade deals, Trump to Middle East, Coinbase being added to S&P | May 13, 2025

US-China tariff pause not enough to compete with Brazil in soybean market, American farmers sayFarmers in the U.S. will still struggle with soybean sales in China even though Washington and Beijing reached a truce in their tariff standoff, American producers said. American farmers told Reuters on Tuesday that Brazil, the top soybean supplier, still holds a competitive price advantage despite the tariff pause between the U.S. and China.  "The tariff that remains in place for U.S. soy is far from inconsequential," Kentucky farmer Caleb Ragland, who is president of the American...
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