Tech stocks enjoyed a surge Wednesday, driven by a sharp rise in semiconductor shares after President Donald Trump, OpenAI's Sam Altman, Oracle Corp. (NYSE:ORCL) co-founder Larry Ellison, and SoftBank CEO Masayoshi Son unveiled the Stargate Project on Tuesday.
Netflix stock soars on better-than-expected results, U.S. stock futures gain as investors evaluate moves by President Donald Trump, and Oracle shares jump on major AI infrastructure investment with OpenAI,
I told readers that they needed to prepare for sweeping changes during a Trump 2.0 presidency. I even warned that his first 100 days will trigger what I call “Trump’s 100-Day Melt-Up.” After that issue of Market 360 went out,
Do I expect a serious correction now? Not really, but intraday gyrations amid rising intraday volatility (ATR), more of the sectoral rotations amid continued XLF and other cyclicals leadership if yields just don‘t rise steeply on a daily basis to spook the recovering Russell 2000.
Catch up on the top industries and stocks that were impacted, or were predicted to be impacted, by the comments, actions and policies of
Explore high-yield investing opportunities under the Trump administration for potential growth and attractive yields in the next four years. Read what investors need to know.
Trump's sweeping policy changes, cooling US Core CPI inflation data for December, a resilient economy, and a strong earnings season played a key role in the S&P500's rapid climb.
GE Aerospace posts strong Q3 results, announces $7B stock buyback; shares soar. American Airlines expects a significant Q4 loss; EA cuts 2025 net bookings guidance.
Fink laid out a scenario where Bitcoin jumps sixfold to hit $700,000 in a discussion about crypto in Davos Wednesday.
Investor appetite for tech names was also whetted by President Donald Trump's unveiling of a new $500 billion private-sector AI infrastructure investment plan backed by groups like software firm Oracle (NYSE: ORCL ), ChatGPT-maker OpenAI, and Japanese conglomerate SoftBank (TYO: 9984) -- although questions swirled around funding for the project.
Abu Dhabi-listed cryptomining and blockchain conglomerate Phoenix Group has struck an 80-megawatt (MW) power purchase agreement (PPA) in Ethiopia, it said on Wednesday, as it pursues a global diversification strategy by entering the Africa market.
Einhorn says the market is at the fartcoin stage of the cycle. His fund bought Peloton and made these moves. Greenlight Capital hedge fund says it's mostly avoiding tech stocks