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Stocks are rebounding as key earnings beat estimates and investors get comfortable with fewer rate cuts. The S&P 500 rose 2.7 percent between Friday, April 19, and Friday, April 26. The Nasdaq-100 jumped 4 percent. Those were the biggest weekly gains for both...
Stocks just finished their best month in a year as strong quarterly results melted a bubble of extreme negativity. The S&P 500 finished October up 6.9 percent at a new all-time high. It was the biggest monthly gain since November 2020, with over three-quarters of...
Semiconductor stocks are breaking out amid a global shortage of microchips. Let's take a closer look at an industry that's crushing the market, even with the broader technology sector lagging. The Philadelphia Semiconductor Index ($SOX) has risen 18 percent so far...
A shortage of semiconductors is sweeping the economy as demand for connectivity surges in the wake of the coronavirus pandemic. Companies including General Motors (GM), Ford Motor (F), Apple (AAPL) and Enphase Energy (ENPH) have mentioned difficulties obtaining chips...
The GameStop short squeeze has spread waves of uncertainty across the market, overshadowing major earnings and economic news. The S&P 500 plunged 3.3 percent between Friday, January 22, and Friday, January 29. It was the biggest weekly decline since October, with...
Tesla just reported its "best quarter ever," but investors are afraid it might still run out of money. The electric-car maker earned $0.76 a share on a record $8.77 billion of revenue. Both numbers beat estimates and marked a fifth straight quarter of profitability....
One of the biggest events expected by investors didn't happen. Tesla wasn't added to the S&P 500. S&P Dow Jones Indices announced changes to the most important index on Friday afternoon. Three relatively small companies with a combined market capitalization of...