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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 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 ...
"The 7 stocks have faster expected sales growth, higher margins, a greater re-investment ratio, and stronger balance sheets than the other 493 stocks and trade at a relative valuation in line with ...
Chip stocks helped extend the winning streak across tech to start the week, with shares of Advanced Micro Devices and Nvidia each rising 9.2% and 7.6%, respectively, on Monday.
The swift pivot in market action comes as fresh economic data released this week has shown inflation continues to fall toward the Fed's 2% goal while consumer spending holds up and the pace of ...
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 tech-heavy Nasdaq dropped 1% as Tuesday's session delivered a double-whammy to the semiconductor industry. Europe's largest tech firm, ASML , set off sector-wide gloom when it posted ...