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Stocks have roared back from their recent lows as recent economic data has cooled recession fears.. The S&P 500 and Nasdaq Composite are both in positive territory for the month despite a jobs ...
Big Tech’s insatiable energy requirements for data centers sent power stocks soaring in 2024 and into this year, with Goldman Sachs estimating power demand will grow 160% by 2030.
Chip stocks gained big on Monday, partly due to a solid earnings report from Foxconn, a contract manufacturer of chips and other devices. The company reported a 15% year-over-year growth in revenue.
It also said it’s benefiting from lower fuel prices, as well as lower costs due to improved on-time performance. JetBlue jumped 8.3%, while Southwest Airlines climbed 3.5%. All told, the S&P 500 ...
The graphic below shows the month-to-date return for Nasdaq 100 stocks during May (y-axis) versus the year-to-date performance for 2023 (x-axis). Bubble size grows with the 2023 change in market ...
The stock was hit with two downgrades last week from Jefferies and Loop Capital amid its struggling iPhone sales. Apple is set to report earnings after the bell Jan. 30. Apple is set to report ...