Dow Jones futures will open Sunday evening, along with S&P 500 futures and Nasdaq futures. Micron Technology (MU) earnings and the Fed’s favorite inflation gauge headline the coming week. ↑ X NOW PLAYING What To Expect After A Downside Reversal; Nvidia, Alphabet And Spotify In Focus The stock market rally saw weekly gains, with the
—This should be boom time — the cash version of a bull stock market — for Americans’ emergency fund accounts. But despite interest rates on savings hovering around 5%, many Americans’ rainy-day funds are drowning in accounts that earn about 10 times less. ↑ X NOW PLAYING How To Protect Your Savings From Rising Inflation
Tesla (TSLA) announced on Thursday that shareholders voted in favor of giving Chief Executive Elon Musk his 2018 $56 billion pay package and reincorporating the EV giant in Texas, moving it from Delaware. TSLA shares gained ground early Friday. X The Tesla board won approval for Musk’s pay package Thursday with 77% of the total
Several bitcoin mining executives late Tuesday met with former President Donald Trump, according to various online posts. Trump commented on social media Tuesday night that he wants the remaining bitcoin to be made in the U.S. X CleanSpark (CLSK) chairman Matthew Schultz and CEO Zach Bradford attended the event, along with Riot Platforms (RIOT) CEO
Artificial intelligence powerhouse Nvidia (NVDA), which also pioneered the graphics processing units (GPUs) now used in cryptocurrency mining, dominated this month’s list of new buys the best mutual funds. Coinbase Global (COIN), which provides a platform to invest in and use crypto, joins Nvidia stock on the list. X Profiled in The New America column
All of the Magnificent Seven stocks, including Nvidia (NVDA), were AWOL from IBD’s monthly list of new buys by the best mutual funds in May, And while Microsoft (MSFT), Alphabet (GOOGL), Tesla (TSLA), Apple (AAPL) and the others are still missing, Nvidia stock has returned — in style — to dominate this screen in June.
Dow Jones futures will open Sunday evening, along with S&P 500 futures and Nasdaq futures with all eyes on Nvidia. X The stock market rally saw the Dow Jones, S&P 500 and Nasdaq hit record highs during the past week, with many stocks breaking out or flashing other buy signals. Stocks paused late in the
Semiconductor equipment vendor Applied Materials (AMAT) late Thursday beat estimates for its fiscal second quarter and guided above views for the current period. But AMAT stock fell in extended trading. X The Santa Clara, Calif.-based company earned an adjusted $2.09 a share on sales of $6.65 billion in the quarter ended April 28. Analysts polled
Internet television network Netflix (NFLX) touted its rapidly expanding base of ad viewers at its upfront presentation to advertisers in New York City. Netflix stock was little changed, but ad tech stocks Magnite (MGNI) and Trade Desk (TTD) surged on the news. X Late Wednesday, Netflix revealed that its ad-supported service tier now has 40
Stocks delighted investors as the major indexes racked up robust gains after April inflation data met expectations. The major indexes closed at record highs Wednesday. And meme stocks GameStop (GME) and AMC Entertainment (AMC) gave back a large portion of gains in the stock market today. X The Dow Jones Industrial Average added 0.9%, or