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Stock Market Today: Intel Surges on Nvidia Stake and Chip Partnership
Intel Corp (NASDAQ: INTC) skyrocketed 22.8% today to close at $30.57, driven by a major investment and partnership announcement. Trading volume topped 520 million shares, more than five times its three-month average of about 97 million on the news. The stock also reached its 52-week high of $32.38 i...The Motley Fool
28 minutes ago
GLOBAL MARKETS-Bull run in stocks continues with US dollar rising after Fed rate cut
Wall Street stocks reach record high after Fed cutPound dips after BoE leaves rates unchangedUS Treasury 10-year yields riseEuropean shares gainCrude oil prices settle lower, gold retreatsBy Chibuike Oguh NEW YORK, Sept 18 (Reuters) - World equity markets reached a new peak on Thursday, powered b...Reuters
32 minutes ago
TRADING DAY-Fed cuts, world stocks rip
By Jamie McGeever ORLANDO, Florida, Sept 18 (Reuters) - TRADING DAYMaking sense of the forces driving global marketsBy Jamie McGeever, Markets Columnist Wall Street and world stocks roared to new highs on Thursday, boosted by the Federal Reserve's interest rate cut the day before and a 23...Reuters
48 minutes ago
Jasper Therapeutics tumbles after unveiling equity offering plans
** Shares of Jasper Therapeutics JSPR.O down 13% in extended trading to $2.25 as co seeks equity raise** Redwood City, California-based JSPR announces proposed offering of stock and warrants; deal size not disclosed** Co says intends to use net proceeds to advance preclinical/clinical development pr...Reuters
49 minutes ago
CANADA STOCKS-TSX hits another record high as rate cuts offset valuation concerns
TSX ends up 0.5% at 29,453.53Eclipses Monday's record closing highTechnology sector gains 1.7%Financials add 0.5%By Fergal Smith Sept 18 (Reuters) - Canada's main stock index rose on Thursday to another record high, led by technology shares, as central bank interest rate cuts offset conce...Reuters
51 minutes ago
Why KLA Stock Triumphed on Thursday
Key PointsIt was quite a banner day for chip stocks.One monster company in the sector announced a major investment in another.10 stocks we like better than KLA › Given how KLA (NASDAQ: KLAC) stock performed on the market Thursday, the company probably doesn't want the trading week to end. Its shares...The Motley Fool
58 minutes ago
Russell 2000 notches record close for first time since 2021
Sept 18 (Reuters) - The Russell 2000 index notched a record-high close on Thursday for the first time in four years, reflecting growing optimism about small-cap U.S. companies as lower interest rates boost investor confidence. The index .RUT gained 2.5% for the session to close at 2,467.70, eclip...Reuters
an hour ago
UPS shares rise after company abandons bid for Mexican parcel firm
** Shares of United Parcel Service UPS.N rose 3% to ~$87 in extended trading ** Company terminated its plans to acquire Mexican parcel firm Estafeta, saying that all closing conditions did not meet ** It first announced the acquisition in July 2024 but did not disclose the deal value ** Fourteen of ...Reuters
an hour ago
SentinelOne Continues to Sharpen Its AI Edge
Key PointsSentiment for SentinelOne's shares has stabilized, thanks to recent takeover speculation.Potential gains from improved results will likely exceed what a buyer is willing to pay for the company.10 stocks we like better than SentinelOne › In July, SentinelOne (NYSE: S) became the subject of ...The Motley Fool
an hour ago
Gevo, Biorecro partner to commercialize carbon removal credits from North Dakota site; shares fall
** Shares of U.S.-based renewable fuels company Gevo GEVO.O falls 1.9% to $2.05 in extended trading ** Company's unit signs agreement with Biorecro North America for the commercialization of carbon dioxide removal credits generated at the Gevo North Dakota facility ** GEVO expects to generate a...Reuters
an hour ago
LIVE MARKETS-Wall Street indexes climb with tech in charge
U.S. indexes: Nasdaq, S&P 500, Dow, Russell 2000 mark closing recordsTech leads S&P sector gains, consumer staples is biggest loserDollar rises ~0.4%, crude falls 0.8%; gold dips 0.4%; bitcoin up ~1.6%U.S. 10-Year Treasury yield rises to ~4.11%Welcome to the home for real-time coverage of ma...Reuters
an hour ago
US STOCKS-Wall Street indexes notch record-high closes as Intel soars on Nvidia stake
S&P up 0.48%, Nasdaq up 0.94%, Dow up 0.27%Intel jumps as Nvidia takes $5 bln stake in coSmall-cap Russell 2000 index risesBy Abigail Summerville and Sukriti Gupta Sept 18 (Reuters) - Wall Street's main indexes posted record-high closes on Thursday, a day after the U.S. Federal Reserv...Reuters
an hour ago
Why Krispy Kreme Rallied Today
Key PointsFBI director Kash Patel touted Krispy Kreme during a congressional hearing yesterday. The stock reacted strongly, likely due to a short-squeeze egged on by meme stock investors. Krispy Kreme's turnaround plan remains far from certain. 10 stocks we like better than Krispy Kreme › Shares of ...The Motley Fool
an hour ago
Scholastic falls after first-quarter revenue estimate miss
** Shares of publishing firm Scholastic SCHL.O fall 9.2% to $25 after the bell** SCHL reports Q1 revenue of $225.6 million, vs analysts' estimates of $238.9 million, according to data compiled by LSEG** Reports Q1 adj. loss of $2.52 per share, vs estimates of loss of $2.44 apiece** "In our E...Reuters
an hour ago
FedEx rises after posting higher quarterly profit
** Shares of FedEx FDX.N rise 5% to $238 in extended trading** Package delivery co posts Q1 adj EPS of $3.83, higher than $3.60 a year ago ** FDX expects full-year adj EPS in the range of $17.20 to $19.00, with midpoint marginally below analysts' estimates of $18.21 — LSEG** Up to last close, st...Reuters
2 hours ago
Why D-Wave Quantum Stock Popped Today
Key PointsD-Wave Quantum stock soared 8% this afternoon on news of a trade conference in Japan.D-Wave also noted that its bookings numbers are picking up.10 stocks we like better than D-Wave Quantum › Shares of quantum computing company D-Wave Quantum (NYSE: QBTS) soared 7.8% in afternoon trading Th...The Motley Fool
2 hours ago
EMERGING MARKETS-LatAm assets slip as investors assess Fed outlook; Argentine markets tumble
LatAm stocks down 0.44%; FX down 0.1% Fed cuts rate by 25 bps overnightBuenos Aires stocks hit one-year lowChilean markets closed South Africa holds interest rates at 7%By Pranav Kashyap and Nikhil Sharma Sept 18 (Reuters) - Latin American assets came under pressure on Thursday, as the U.S. Feder...Reuters
2 hours ago
US STOCKS-Wall Street indexes close at record highs as Intel soars on Nvidia stake
Intel jumps as Nvidia takes $5 bln stake in coSmall-cap Russell 2000 index risesWeekly jobless claims below estimatesBy Abigail Summerville and Sukriti Gupta Sept 18 (Reuters) - Wall Street's main indexes posted record-high closes on Thursday, a day after the U.S. Federal Reserve delivere...Reuters
2 hours ago
3 No-Brainer AI Stocks to Buy Right Now
Key PointsNvidia remains well positioned to benefit from the AI infrastructure buildout.Alphabet is proving it's an AI winner.Amazon has integrated AI throughout its business to help drive growth.10 stocks we like better than Nvidia › If there's any question whether artificial intelligence (AI) is s...The Motley Fool
2 hours ago
2 Stocks Perfectly Positioned to Benefit From the $106 Trillion Great Wealth Transfer
Key PointsRobinhood and Lemonade aim to capture a $106 trillion wealth shift from boomers to younger generations.Robinhood’s banking, retirement, and credit products grow with customers as they inherit from the previous generation.Lemonade starts with renters insurance, then upsells higher-margin co...The Motley Fool
2 hours ago
