Oracle Corp. (NYSE:ORCL) stock was trading higher Friday as investors returned to large-cap technology stocks. The Nasdaq gained 1.21%, while the S&P 500 advanced 0.46%. Oracle shares also drew support from the company’s expanded artificial intelligence partnership with Alphabet Inc.’s…
Apple Inc‘s (NASDAQ:AAPL) blowout June-quarter earnings were packed with headlines about record iPhone sales and Apple Intelligence. But one of the most revealing comments came during the Q&A, when CEO Tim Cook described soaring memory prices as a “100-year flood”…
Federal Reserve Bank of Cleveland President Beth Hammack said inflation remains too high and is unlikely to return to the Fed’s target without additional action from the central bank. "Inflation has remained stubbornly above 2% for more than five years,…
Novo Nordisk A/S (NYSE:NVO) stock plunged on Friday after the company announced disappointing headline results from its ZEUS Phase 3 cardiovascular outcomes trial. The data revealed that its experimental drug ziltivekimab failed to reduce the risk of major adverse cardiovascular…
Intel Corp. (NASDAQ:INTC) stock was up more than 4% in Friday’s premarket trading as improving risk appetite and renewed optimism around artificial intelligence infrastructure spending lifted semiconductor stocks. Nasdaq futures gained 1.04%, while S&P 500 futures rose 0.28%. Major cloud…
Starbucks Corp. (NASDAQ:SBUX) shares are trading flat during Friday’s premarket session as investors digest the company’s recent earnings-driven pop and updated outlook. Starbucks stock is showing positive momentum. What’s ahead for SBUX stock? What Is Driving Starbucks’ Upbeat Earnings Outlook?…
Bloom Energy Corp. (NYSE:BE) shares are gaining during Friday’s premarket session as traders digest a four-year backlog debate tied to AI data-center power demand. Here’s what investors need to know. Bloom Energy shares are consolidating. What’s ahead for BE stock?…
Marvell Technology, Inc. (NASDAQ:MRVL) stock rose more than 5% in Friday’s premarket session as investors returned to AI-focused semiconductor stocks after strong cloud infrastructure updates from major technology companies. Nasdaq futures gained 0.84%, while S&P 500 futures rose 0.20%. Marvell…
Gainers Symbol Name Price Change ($) Change (%) Volume (NYSE:XLY) State Street Consumer Discretionary Select Sector SPDR ETF 115.1600 2.770 2.46 6.6K (NYSE:XLI) State Street Industrial Select Sector SPDR ETF 179.6900 1.300 0.72 5.5K (NYSE:XLC) State Street Communication Services Select…
Advanced Micro Devices Inc. (NASDAQ:AMD) stock rose nearly 4% in Friday’s premarket session as investors returned to semiconductor stocks ahead of next week’s earnings. Nasdaq futures gained 0.82%, while S&P 500 futures rose 0.17%. According to CNBC, chip stocks rallied…