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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 ...
Stock market news live updates: Stocks drop, tech shares sink after Fed minutes hint at earlier liftoff on interest rates; Nasdaq slides by 3.3%. Emily McCormick. January 5, 2022 at 1:05 PM.
The "Magnificent Seven" tech stocks — Apple , Alphabet (GOOGL, GOOG), Microsoft , Amazon , Meta , Tesla , and Nvidia — make up 29% of the S&P 500's market cap.
Shares of Meta Platforms gained nearly 4% Monday afternoon as technology and growth stocks broadly recovered. The gain put the stock on track to close above its 50-day moving average — a closely ...
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.
Ives' prediction that tech stocks would gain 20% in 2023 was also accurate, as the tech-heavy Nasdaq index finished up 24%. He also called 2024 the "year of AI," saying that tech stocks would jump ...
All told, the top seven Nasdaq 100 components are up $3.35 trillion this year, while the bottom 93 are up only $635 billion. This means Hartnett's 'Magnificent Seven' account for 84% of the Nasdaq ...
A record earnings report from Palantir helped push tech higher, with the stock soaring 23.5% to close at $51.15. The data software company delivered a record profit while showcasing high demand ...