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Semiconductor Equipment Stocks Gain. Aehr Test Soars Nearly 10%; Applied Materials up over 8%; Lam Research, Amkor Technology, ASML up over 5%
Semiconductor equipment stocks gained on Wednesday. Aehr Test soared nearly 10%; Applied Materials up over 8%; Lam Research, Amkor Technology, ASML up over 5%.On the news front, Aehr Test Systems announced it received a follow-on production order for a fully automated FOX-XP wafer-level burn-in syst...Tiger News
Wed, Jun 17
Stocks
Crypto stocks advance. Cleanspark jumps more than 4%
Crypto stocks advanced, with Cleanspark climbing more than 4%. Robinhood, Mara Holdings, and Circle Internet Corp. each rose over 3%, while Coinbase, Strategy, and BitMine Immersion Technologies gained more than 1%.加密货币概念股上涨，Cleanspark 、Robinhood、Mara Holdings、Circle Internet Corp.、Coinbase、Strateg...Tiger News
Wed, Jun 17
Market Movers
ASML Holding NV Stock (ASML) Opened Up by 5.32% on Jun 17: Facts Behind the Movement
• ASML is scaling manufacturing capacity to meet rising artificial intelligence infrastructure demand. • Partnerships with the Terafab project and strong order backlogs drive investor optimism. • Favorable macroeconomic conditions and positive technical indicators support ASML’s current growth rally.
TradingKey
Wed, Jun 17
Market Movers
Advanced Micro Devices Inc Stock (AMD) Opened Up by 3.16% on Jun 17: Key Drivers Unveiled
• AMD will deploy 30 megawatts of AI compute capacity for Rackspace Technology. • AMD acquired the AI-native memory-optimization startup MEXT to enhance hardware performance. • Citi upgraded AMD stock to a Buy rating citing undervalued GPU business potential.
TradingKey
Wed, Jun 17
Market Movers
Micron Technology Inc Stock (MU) Opened Up by 3.12% on Jun 17: Drivers Behind the Movement
• Wall Street analysts raised Micron price targets ahead of the June 24 earnings report. • High-bandwidth memory demand and AI growth are driving strong pricing power for Micron. • Investors are balancing bullish AI-driven growth expectations against potential stock volatility and valuation concerns.TradingKey
Wed, Jun 17
Market Movers
Applied Materials Inc Stock (AMAT) Opened Up by 5.75% on Jun 17: Facts Behind the Movement
• Semiconductor sector growth and record equipment sales are boosting Applied Materials stock performance. • A strategic partnership with EssilorLuxottica aims to develop next-generation augmented reality optical systems. • Applied Materials launched new chipmaking systems supporting advanced 3D device architecture and AI production.
TradingKey
Wed, Jun 17
Market Movers
Intel Corp Stock (INTC) Opened Up by 3.34% on Jun 17: Facts Behind the Movement
• Intel’s 18A-P process node has officially entered the risk production stage. • The 18A-P node offers improved performance and power efficiency for foundry clients. • Design-rule compatibility allows partners to transition designs without requiring costly redesigns.
TradingKey
Wed, Jun 17
Cryptocurrencies
Ripple Price Forecast: XRP falls below $1.20 despite Africa stablecoin payments push
Ripple (XRP) remains weak on Wednesday as investors cautiously await the Federal Reserve’s (Fed) interest rate decision. Market participants have fully priced in the Federal Open Market Committee’s (FOMC) rate decision, with nearly unanimous expectations of no change.
Fxstreet
Wed, Jun 17
Forex
The BoJ just hiked to 1.0%. Why is the Japanese Yen still falling?
The Japanese Yen (JPY) remains under pressure despite the Bank of Japan’s latest rate hike, with analysts highlighting that the move has not been enough to trigger a sustained recovery for the Japanese currency.
Fxstreet
Wed, Jun 17
Economic Indicator
“A repeat of 2022’s inflation problems appear less likely”: ECB’s Sleijpen lowers temperature
European Central Bank (ECB) policymaker Olaf Sleijpen said in a speech at an event organized by the European Economics & Financial Center (EEFC) in London on Wednesday that while a repeat of 2022's inflation spike appears less likely, the risk cannot be fully ruled out.
Fxstreet
Wed, Jun 17
Stocks
Nasdaq, S&P 500 Open Higher as Traders Await Fed Rate Decision; SpaceX Jumps Another 4%
S&P 500 opened higher on Wednesday as traders awaited the latest monetary policy decision from the Federal Reserve.SpaceX traded 4% higher. The stock has been on fire since the rocket company’s initial public offering last week, which was priced at $135. In that short time, shares are up around 50%,...Tiger News
Wed, Jun 17
Forex
Canadian Dollar holds near recent lows as Oil slump, Fed outlook weigh
USD/CAD trades around 1.4010 on Wednesday at the time of writing, gaining 0.10% on the day. The pair maintains a bullish tone as the Canadian Dollar (CAD) remains under pressure from falling Oil prices, while traders position ahead of the Federal Reserve’s (Fed) monetary policy decision.
Fxstreet
Wed, Jun 17
Forex
Canadian Dollar: Range-bound risks with data focus – NBC
National Bank of Canada (NBC) analysts discuss the Canadian Dollar, noting that USD/CAD remains range-bound and sensitive to upcoming Canadian and US data releases. They highlight how recent moves have been driven by shifting expectations for Bank of Canada and Federal Reserve policy.Fxstreet
Wed, Jun 17
Featured Tools
Top News
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