The semiconductor trade is facing its worst reckoning in decades. The industry that led the market all year has lost more value in 30 days than in any month since 2001. The iShares Semiconductor ETF (NASDAQ:SOXX), which tracks the largest…
Starbucks Corporation (NASDAQ:SBUX) shares are trading higher Thursday after the company reported better-than-expected third-quarter financial results and raised its fiscal-year earnings per share guidance above estimates. Starbucks stock is at critical resistance. What’s driving SBUX to record levels? Q3 Results Highlight…
Bloom Energy Corporation (NYSE:BE) is trending after the company reported second-quarter earnings Tuesday that surpassed $1 billion in quarterly revenue for the first time, alongside a wave of analyst activity. Bloom shares are showing limited movement. What’s next for BE stock?…
Iran claimed it destroyed three F-35 fighter jets and killed several enemy officers and maintenance personnel in the attack. On Thursday, the Islamic Revolutionary Guard Corps (IRGC) claimed that it launched ballistic missiles at Al-Azraq Air Base in Jordan, alleging the…
Gainers Symbol Name Price Change ($) Change (%) Volume (NYSE:XLK) State Street Technology Select Sector SPDR ETF 171.70 5.13 3.07 72.0K (NYSE:XLI) State Street Industrial Select Sector SPDR ETF 178.95 2.29 1.29 37.9K (NYSE:XLY) State Street Consumer Discretionary Select Sector…
Microsoft Corp. (NASDAQ:MSFT) stock surged about 9% in Thursday’s premarket session after the software giant reported fourth-quarter results that comfortably beat Wall Street expectations, driven by accelerating Azure cloud growth and rising AI adoption. Microsoft reported fourth-quarter revenue of $90.01…
Teladoc Health Inc. (NYSE:TDOC) shares are trading sharply lower during Thursday’s premarket session as investors digest second-quarter results and a cautious outlook that undercut the beat on earnings. Teladoc Health stock is taking a hit today. What’s behind TDOC decline?…
SiriusXM Holdings Inc. (NASDAQ:SIRI) reported second-quarter results on Thursday with revenue topping Wall Street estimates, although adjusted earnings missed expectations. Following the results, the stock fell nearly 12%, reversing part of a sharp July run that had pushed the stock…
Pagaya Technologies Ltd. (NASDAQ:PGY) shares are trading higher Thursday after the company reported second-quarter earnings. Pagaya shares are climbing with conviction. Why is PGY stock up today? Pagaya Beats Estimates with Strong Growth Pagaya reported adjusted earnings per share of $1.07,…
Butterfly Network Inc. (NYSE:BFLY) shares are trading higher Thursday after the company reported second-quarter financial results. Butterfly Network shares are powering higher. Why are BFLY shares rallying? Butterfly Tops Estimates With 39% Revenue Growth Butterfly reported an adjusted loss of 1…