Chip stocks are staging their latest rally, driven by gains in Micron (Nasdaq; MU), which is advancing 7.7% today followed by Nvidia’s 2.6% gain. “This market does not want to go down because of the tech boom,” according to Infrastructure Capital Advisors CEO Jay Hatfield cited by CNBC.
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A lineup of top American CEOs will be heading to China alongside President Trump, including Apple’s Tim Cook, Meta’s McCormick, Cisco’s Chuck Robbins, Goldman Sachs’ David Solomon, and BlackRock’s Larry Fink. The heads of Visa and Mastercard are also set to join the delegation. Elon Musk is also reportedly expected to travel to China with President Trump this week.
HSBC has nudged its S&P 500 year-end 2026 forecast higher, moving from 7,500 to 7,650 points. Not to be outdone, Dan Ives of Wedbush Securities has reportedly forecast the 30,000 level for the Nasdaq Composite by a year from now.
This article will be updated throughout the day, so check back often for more daily updates. The Nasdaq Composite pushed higher Thursday morning as chip stocks moved back into market leadership, giving tech investors…
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This article will be updated throughout the day, so check back often for more daily updates. Magnificent Seven stocks are seeing green today on the heels of a stronger-than-expected jobs report. The U.S. economy…
This article will be updated throughout the day, so check back often for more daily updates. The markets are mixed out of the gate today, with the Nasdaq Composite meandering between positive and negative…
This article will be updated throughout the day, so check back often for more daily updates. The markets are looking to end the week on a positive note after getting some good news on…
This article will be updated throughout the day, so check back often for more daily updates. The markets are kicking off the week on a high note, with all three of the major stock…
This article will be updated throughout the day, so check back often for more daily updates. The Nasdaq Composite is leading the market’s bounce back today, climbing 1.6% as investors look to claw back…
This article will be updated throughout the day, so check back often for more daily updates. After a dramatic U.S. Air Force rescue over the weekend, the markets are kicking off the week on…
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