Nasdaq hits record high as US stocks open higher, oil prices fall
US stocks opened higher Tuesday, with the Nasdaq Composite hitting its intraday high. The Nasdaq Composite hit its all-time high of 27,250 after the market opened. The S&P 500 was…
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Category: Stock
Netflix stock falls as HSBC flags YouTube competition and weak engagement
Netflix stock NFLX fell 2% on Tuesday after HSBC downgraded the streaming company, citing growing competition from Alphabet’s YouTube and concerns about near-term viewer engagement. HSBC lowered its rating on…
Why are Micron, SK Hynix, SanDisk stocks rising today?
Memory stocks gained again on Tuesday as renewed optimism around artificial intelligence continued to provide a fresh tailwind for semiconductor shares, while a sharp decline in oil prices helped ease…
Why SpaceX stock is up over 2% on Monday
SpaceX (SPCX) stock rose in early trading Monday as its weighting in the Nasdaq-100 more than doubled in the index’s quarterly rebalance. Shares were up around 2% near $156, extending…
Why is Critical Metals stock soaring and what comes next?
Critical Metals (CRML) shares ripped higher on Monday morning after the Trump administration announced a historic security pact between the US, Denmark, and Greenland. This geopolitical milestone derisks CRML’s flagship…
Why is ARM stock surging 15% on Monday?
Arm Holdings shares surged more than 15% on Monday as a broad recovery in artificial intelligence stocks lifted the semiconductor sector, while falling US Treasury yields and declining crude prices…
Invezz Explains: India wants UPI revenue but its payment data may be worth more
India’s decision to introduce a merchant discount rate on selected UPI payments has reopened a debate over who should pay for the country’s digital payment infrastructure. From October 15, person-to-merchant…
Evening digest: Aramco to halt Europe oil deliveries, Bitcoin hits $81K
Saudi Aramco has told at least two European refining customers they will receive no crude oil in October following damage to the kingdom’s key East-West pipeline, while gold prices rose…
Dow closes 110 pts lower as treasury yields rise and oil stays above $100
US stocks ended mixed on Friday as investors wrapped up a volatile week marked by the Federal Reserve’s first interest-rate hike in three years, rising Treasury yields and elevated oil…