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Why Semiconductor Stocks Like Taiwan Semiconductor Manufacturing, Advanced Micro Devices, and Monolithic Power Rallied Today
Shares of semiconductor heavyweights Taiwan Semiconductor Manufacturing (NYSE: TSM), Advanced Micro Devices (NASDAQ: AMD), and Monolithic Power Systems (NASDAQ: MPWR) were rallying today, up 2.7%, 7.4%, and 6%, respectively, as of 2:21 p.m. ET.The across-the-board gains were likely in response to re...The Motley Fool
Mon, Mar 24
Why Intuitive Machines Stock Is Skyrocketing Today
Intuitive Machines (NASDAQ: LUNR) stock is surging Monday following the company's recent quarterly results. The space-tech specialist's share price was up 27% as of 3 p.m. ET.Intuitive Machines published its Q4 report before the market opened this morning, and investors liked what the company had to...The Motley Fool
Mon, Mar 24
Coherent, Lumentum rise following Raymond James upgrade on growing AI demand
** Shares of Coherent COHR.N and Lumentum LITE.O rise on Mon after Raymond James upgrades both firms to 'strong buy' from 'outperform', citing increased demand amid artificial-intelligence expansion** COHR's shares up 12.6% at $76.84, and LITE's stock up 8.9% to $72.57 in aft...Reuters
Mon, Mar 24
Why Tesla Stock Is Skyrocketing Today
Tesla (NASDAQ: TSLA) stock is seeing strong gains in Monday's trading. The company's share price was up 10.3% as of 2:30 p.m. ET amid the backdrop of a 1.4% gain for the S&P 500 and a 1.9% gain for the Nasdaq Composite.On the heels of recent sell-offs, Tesla's valuation is seeing rebound momentum to...The Motley Fool
Mon, Mar 24
Is Accenture Stock Going to $364? 1 Wall Street Analyst Thinks So.
At times, an analyst's price target cut can be a bit deceiving. The move doesn't necessarily mean the pundit has turned bearish on the affected stock. Often, it's more of an adjustment that leaves the basic investment thesis intact.That was the dynamic behind a recent fair-value assessment chop to s...The Motley Fool
Mon, Mar 24
Why Palantir Technologies Stock Rallied on Monday
Palantir Technologies (NASDAQ: PLTR) stock charged higher on Monday, climbing as much as 7.1%. As of 2:03 p.m. ET, the stock was still up 5%.The catalyst that sent the artificial intelligence (AI) software and data mining specialist higher was its addition to an elite group of stocks.Start Your Morn...The Motley Fool
Mon, Mar 24
Trump said he may give countries, sectors breaks on tariffs
March 24 (Reuters) - President Donald Trump said on Monday that he may give a "lot of countries" breaks on tariffs and that he plans to announce more tariffs on automobiles in the next few days. "We'll be announcing some additional tariffs over the next few days, having to do with au...Reuters
Mon, Mar 24
Citi questions growth outlook as ASX-listed James Hardie cements AZEK buyout
** ASX-listed fiber cement maker James Hardie Industries JHX.AX announces deal to buy U.S. artificial decking maker AZEK AZEK.N in deal priced at $8.75 billion** Citi acknowledges strategic logic of acquisition but questions organic product development growth outlook and timing of deal** Acquisition...Reuters
Mon, Mar 24
GLOBAL MARKETS-Stocks rally, U.S. Treasury yields climb on tariff optimism
Major U.S. indexes up more than 1%Reports suggest Trump tariffs may be targetedBostic sees only one Fed cut this yearBy Chuck Mikolajczak NEW YORK, March 24 (Reuters) - Global stocks rallied on Monday, powered by gains in U.S. stocks, while U.S. Treasury yields climbed after reports that Presiden...Reuters
Mon, Mar 24
US STOCKS-S&P 500 jumps to two-week high; Nvidia and Tesla rally
S&P March flash Composite PMI at 53.5 vs 51.6 in FebLockheed Martin drops after brokerage downgradeCrypto stocks gain as bitcoin ralliesS&P 500 +1.49%, Nasdaq +1.95%, Dow +1.12%By Johann M Cherian and Noel Randewich March 24 (Reuters) - The S&P 500 rallied to its highest in two weeks ...Reuters
Mon, Mar 24
PREVIEW: McCormick & Co shares dip; Q1 EPS, revenue seen rising slightly
** Shares in spice and condiments co McCormick & Co MKC.N slip 0.3%; due to report fiscal Q1 results early on Tuesday** Wall St sees MKC reporting adj. EPS of $0.64 vs $0.63 in year-ago quarter on revenue of $1.61 bln vs $1.60 bln year-ago, according to LSEG ** In last 8 quarters, EPS met or b...Reuters
Mon, Mar 24
Robinhood rises after Reuters report of Massachusetts probe into co's prediction marketplace
** Shares of retail trading platform Robinhood HOOD.O rise 8.1% to $47.96 ** Massachusetts' top securities regulator is investigating HOOD's decision to launch a prediction-markets hub for betting on events like March Madness, Reuters reports** Event contracts let traders bet on specific ou...Reuters
Mon, Mar 24
DNA testing firm 23andMe files for bankruptcy as demand dries up
Co-founder Wojcicki quits after multiple failed buyout bids, plans to make another offerCompany gets financing commitment of up to $35 million23andMe's market value peaked at $6 billion in 2021California AG last week urged customers to delete genetic data By Bhanvi Satija, Anusha Shah and Surbhi...Reuters
Mon, Mar 24
PRECIOUS-Gold falls on firm dollar, Trump's tariff stance
Trump hints at some flexibility regarding tariffsUS and Russia discuss Black Sea maritime ceasefireUS dollar hit its highest level since March 6By Anmol Choubey March 24 (Reuters) - Gold prices dropped on Monday as the dollar touched an over two-week high, while investors took stock of U.S. Presi...Reuters
Mon, Mar 24
Why IonQ Stock Is Skyrocketing Today
Shares of IonQ (NYSE: IONQ) are surging on Monday. The company's stock had gained 14.9% as of 10:40 a.m. ET but was up as much as 17.6% earlier in the day. The move up comes as the S&P 500 and Nasdaq Composite gained 1.4% and 1.9%, respectively.The quantum computing company's stock got a boost after...The Motley Fool
Mon, Mar 24
UK shares slip amid tariff uncertainty
UK inflation data and budget update expected this weekFTSE 100 down 0.1%, FTSE 250 flatVodafone falls after BofA downgrade March 24 (Reuters) - Britain's benchmark stock index edged lower on Monday, though gains in mining stocks kept losses in check, as investors awaited details of U.S. reci...Reuters
Mon, Mar 24
U.S. STOCKS ON THE MOVE-Dutch Bros, Affirm, Mattel
The Day Ahead newsletter: https://refini.tv/3LI4BU7The Morning News Call newsletter: https://refini.tv/3dKUyB8Wall Street's three main indexes touched two-week highs on Monday, boosted by technology stocks on signs that the Trump administration is taking a measured approach on tariffs against it...Reuters
Mon, Mar 24
LIVE MARKETS-Consumer discretionary up on day, but still biggest loser YTD
S&P 500, Dow both up >1%, Nasdaq rallies ~2%All S&P 500 sectors higher; Consumer Discretionary up mostDollar up; crude up ~1%; bitcoin rallies ~4%; gold dipsUS 10-Year Treasury yield rises to ~4.32%Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. ...Reuters
Mon, Mar 24
