Stock Market News
Latest stock market news, company updates, earnings coverage and analysis of major global equities
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Microsoft Stock Drops 21% in June as AI Spending and OpenAI Risks Mount
Microsoft shares fell more than 21% in June, putting the stock on track for its worst month since 2000 despite…
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Nasdaq AI Selloff Deepens as OpenAI IPO Delay and Apple Drop Shake Tech
The Nasdaq came under renewed pressure as an OpenAI IPO delay and rising memory costs hit AI-linked stocks. Apple’s sharp…
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Micron Earnings Lift Nasdaq More Than 2% as Chip Stocks Rally
Micron’s upbeat earnings and stronger guidance helped push the Nasdaq up more than 2% at the open, easing fears of…
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Apple Raises Mac and iPad Prices as Memory Costs Surge
Apple has increased prices across several Macs and iPads, with some models rising by $200 or more as memory and…
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Costco Stock at $961 Splits Wall Street as Valuation Debate Intensifies
Costco’s strong quarterly results failed to lift the stock as investors focused on its roughly 48x earnings multiple. Analysts remain…
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PSI ETF Rallies Toward $174 After Micron Sparks $400 Billion Chip Rebound
The Invesco Semiconductors ETF climbed about 5% toward $174 after a Micron-led semiconductor rebound revived the AI chip trade. The…
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Nvidia Holds Near $200 as Jensen Huang Unveils Vera Rubin Production
Nvidia shares steadied around $200 after Jensen Huang said AI has entered a profitability era and confirmed Vera Rubin is…
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Micron Jumps After Record Quarter, $50 Billion Revenue Guide and $100 Billion Backlog
Micron surged after posting record quarterly revenue, earnings and margins, then guided to about $50 billion in next-quarter sales. A…
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Bayer Shares Jump 20% After Supreme Court Roundup Ruling
Bayer stock surged after the U.S. Supreme Court ruled 7-2 that federal pesticide law blocks key Roundup failure-to-warn claims. The…
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Dow Jones Hits Record 52,524.75 as Micron Jumps 17% and Nasdaq Falls
The Dow Jones Industrial Average closed at a record 52,524.75 as Micron Technology surged on a blockbuster forecast. The Nasdaq…