Category: Top Story
-
S&P 500 Reaches Record Closing High But Dow Gives Back Ground
Following the upward move seen in the previous session, the major U.S. stock indexes moved in starkly opposite directions during trading on Tuesday. While the Nasdaq and the S&P 500 saw further upside, the narrower Dow showed a notable pullback. The Nasdaq jumped 215.74 points or 0.9 percent to a nearly three-month closing high of…
-
Futures rise on tech earnings optimism despite UnitedHealth plunge ahead of Fed decision — Dow Jones, S&P 500 and Nasdaq
Dow Jones, S&P 500 and Nasdaq futures are currently pointing to a higher open on Tuesday, with stocks likely to see further upside following the strength seen in the previous session. Tech stocks may help to lead an early advance on Wall Street, as reflected by the 0.6 percent increase by the tech-heavy Nasdaq 100…
-
NEO Battery Materials positions itself for the battery revolution
By: Stefan Feulner, Apaton Artificial intelligence, autonomous systems, drones, and robotics are causing global energy demand to skyrocket. But this is precisely where the weak point of digitalization becomes apparent. Conventional lithium-ion batteries are reaching their physical limits in terms of charging time, energy density, and cost. NEO Battery plans to break through this bottleneck.…
-
U.S. Stocks Move To The Upside Ahead Of Key Tech Earnings
Following the mixed performance seen during last Friday’s session, stocks moved mostly higher during trading on Monday. With the upward move, the major averages further offset the steep drop seen last Tuesday. The major averages moved to the downside going into the end of the day but remained in positive territory. The Dow advanced 313.69…
-
Micron shares slip as Samsung moves closer to Nvidia HBM4 approval
Micron Technology (NASDAQ:MU) shares declined 2% on Monday after reports indicated that Samsung Electronics (KS:005930) is nearing certification from Nvidia (NASDAQ:NVDA) for its next-generation high-bandwidth memory chip, potentially positioning it as the first supplier to bring HBM4 to market. According to Bloomberg, Samsung has reached the final stage of Nvidia’s qualification process after delivering initial…
-
Nvidia rolls out Earth-2 open AI models to transform weather forecasting
Nvidia (NASDAQ:NVDA) on Monday introduced a new suite of open-source models and tools for AI-driven weather prediction at the American Meteorological Society’s Annual Meeting. Branded as Earth-2, the platform is described as the world’s first fully open, accelerated software stack for weather and climate forecasting, designed to broaden access for researchers, startups, developers, enterprises and…
-
Roblox shares slip as analysts point to cooling user engagement
Roblox Corporation (NYSE:RBLX) shares fell 2.5% on Monday after analysts raised fresh concerns about a recent pullback in user activity over the weekend. According to JPMorgan analyst Cory Carpenter, the platform’s peak concurrent users (CCUs) dropped to about 23 million over the weekend, down from roughly 26 million a week earlier. That marked the weakest…
-
CoreWeave shares jump 10% after $2 billion NVIDIA investment deepens AI alliance
CoreWeave (NASDAQ:CRWV) shares climbed 10% on Monday after NVIDIA (NASDAQ:NVDA) disclosed a $2 billion equity investment aimed at strengthening and expanding the companies’ artificial intelligence infrastructure partnership. As part of the deal, NVIDIA acquired CoreWeave Class A common shares at $87.20 apiece. The investment sits within a broader strategic collaboration focused on accelerating the development…
-
Winter storm Fern expected to weigh heavily on U.S. growth in Q1
Winter storm Fern is likely to deliver a notable, though temporary, blow to U.S. economic activity, with Bank of America estimating a drag of between 0.5 and 1.5 percentage points on first-quarter GDP growth. In a client note, BofA analyst Aditya Bhave said the bank is drawing lessons from Winter Storm Viola in 2021, arguing…
-
Wall Street futures signal largely flat start to the week: Dow Jones, S&P, Nasdaq
U.S. equity futures are pointing to a mostly unchanged open on Monday, suggesting a lack of clear direction after the mixed showing seen in the previous session on Friday. Market participants appear hesitant to take strong positions ahead of the Federal Reserve’s monetary policy decision due on Wednesday. While the central bank is broadly expected…