Author: iHub News
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AI Chip Rally Lifts Wall Street to Fresh Records as HPE and Marvell Soar
U.S. stocks ground higher on Tuesday as a pair of explosive moves in the chip and AI infrastructure space powered the major indexes to new all-time highs. The S&P 500 closed above 7,600 for the first time, extending its winning streak to nine consecutive sessions — the longest run since late 2024. The mood was…
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Nvidia’s New PC Chip and Strong Factory Data Lift Wall Street to Fresh Records
U.S. stocks closed at all-time highs on Monday as a surge in technology shares — led by Nvidia’s announcement of a new PC chip — combined with better-than-expected manufacturing data to push all three major indexes into record territory. The gains were modest in headline terms, but the session marked a notable milestone with the…
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Dell’s AI Server Boom Lifts Dow to Record Close
U.S. stocks closed higher on Friday as a blowout earnings report from Dell Technologies fueled a broad rally in technology shares, pushing all three major indexes to fresh all-time highs. The session capped off a shortened post-holiday week that saw the S&P 500 extend its winning streak to nine consecutive weeks — the longest such…
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Tech Rally Lifts S&P 500 and Nasdaq to Record Closes
The S&P 500 and Nasdaq Composite both closed at fresh record highs on Thursday as a wave of strong earnings reports and a blockbuster deal in cloud computing gave investors reason to buy, even as geopolitical tensions in the Middle East kept a lid on the Dow. Technology and consumer-facing stocks led the charge, while…
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Dow Sets Fresh Record as Oil Slide Lifts Blue Chips; Tech Lags on Chip Pullback
Wall Street closed on a split note Wednesday as falling oil prices and renewed Iran peace hopes powered the Dow Jones Industrial Average to a fresh all-time high, while a sharp pullback in semiconductor stocks kept the broader market pinned near the flatline. The session underscored a clear rotation out of high-flying tech names and…
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Nasdaq, S&P 500 Target New Gains Ahead of Key Inflation Data: US Stock Futures
Dow Jones, S&P 500 and Nasdaq futures are currently pointing to a higher open on Wednesday, with stocks likely to see further upside following the strength seen in the previous session. Technology stocks may help lead the way higher once again, as reflected by the 0.8 percent advance by the tech-heavy Nasdaq 100 futures. Shares…
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Market Watch: $70B Bond Auction and Fed Policy Speeches on Tap Today
The Treasury Department is scheduled to announce the results of this month’s auction of $70 billion worth of five-year notes at 1 pm ET. At 3:55 pm ET, Federal Reserve Governor Lisa Cook is due to speak on “AI, the Economy, and the Financial System” before the Stanford Institute for Economic Policy Research Policy Forum.…
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Micron’s Trillion-Dollar Leap Lifts Chips, but Dow Stumbles as Blue Chips Lag
U.S. stocks returned from the Memorial Day holiday to a sharply divided session on Tuesday. The S&P 500 and Nasdaq Composite both closed at fresh all-time highs, powered by a massive rally in semiconductor stocks, while the Dow Jones Industrial Average slipped as old-line blue chips failed to keep pace. Falling oil prices and a…
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Critical Minerals: The New Global Resource War
Critical mineral demand is predicted to grow 500% by 2050, turning a market already worth hundreds of billions into a multi-trillion-dollar industry — the supply crunch is speculated to create a massive investment opportunity of the next industrial era. Episode Two of the Innovation Report takes viewers deep inside the growing battle for critical minerals…
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Dow Hits Record as PC Makers, Chipmakers Rally Into Memorial Day Weekend
U.S. stocks closed higher on Friday as strength in technology and health care names lifted the major indexes into the long Memorial Day weekend. The Dow Jones Industrial Average set a fresh all-time high, while the S&P 500 notched its eighth consecutive winning week — the longest such streak since late 2023. Investors weighed record-low…