ADVFN US – Market Content Editor

The S&P 500 and Nasdaq reached fresh record highs on Thursday, powered by continued strength in chip stocks as optimism over AI-driven demand overshadowed concerns about escalating tariffs. As of 2:07 p.m. ET, the Dow Jones Industrial Average rose 190 points (0.2%), while the S&P 500 gained 0.3% to close at a new high of…

Almonty Industries (TSX:AII) (WKN: A414Q8; ISIN: CA0203987072) is in the final stages of its debut on the NASDAQ. To this end, the number of shares has been visually reduced so that the share price complies with the stricter regulations of the well-known American technology stock exchange. This marks the beginning of a new era for…

Shares of Bank of New York Mellon Corporation (NYSE:BK) climbed to a record high of $93.80, marking a major milestone for the financial institution. The stock’s upward trajectory has been impressive, gaining 52.51% over the past year and pushing the company’s market capitalization to $67.09 billion. The surge reflects investor confidence in BNY Mellon’s consistent…

AbbVie Inc. (NYSE:ABBV) saw its stock jump 3.4% after announcing a major licensing agreement with IGI Therapeutics, securing exclusive global rights to develop and commercialize ISB 2001 — a promising multispecific antibody candidate targeting cancer and autoimmune conditions. Under the terms of the deal, AbbVie will make an upfront payment of $700 million to IGI…

Charles Schwab Corp (NYSE:SCHW) climbed to a 52-week high of $92.81, marking a key milestone for the financial services giant with a market capitalization of $168.6 billion. The stock has gained 25.56% year-to-date, driven by a 10.86% uptick in revenue and consistent long-term performance, including 37 straight years of dividend payouts — a testament to…

Vertiv Holdings (NYSE:VRT) saw its stock tumble 11% on Thursday following Amazon Web Services’ (NASDAQ:AMZN) announcement of proprietary cooling hardware aimed at handling the intense thermal demands of Nvidia’s (NASDAQ:NVDA) high-performance AI GPUs. Unveiled on Wednesday, AWS’s new In-Row Heat Exchanger (IRHX) system is a custom-built alternative to traditional liquid cooling systems commonly supplied by…

Shares of Avis Budget Group Inc. (NASDAQ:CAR) soared to a 52-week high of $190.25, underscoring a powerful rally for the car rental company. The stock has delivered an 82.41% gain over the past year, with even more impressive short-term performance — up 110.26% over six months and 120.57% year-to-date. With a market capitalization of $6.65…

Wayfair Inc. (NYSE:W) stock climbed to a 52-week high of $58.42, signaling renewed investor confidence in the online home goods retailer. With a market capitalization of $7.47 billion and annual revenue of $11.85 billion, the company has seen its stock rise 5.45% over the past year and 28.28% in the last six months. The recent…

TE Connectivity (NYSE:TEL) shares climbed to a new all-time high of $175.06, reflecting growing investor confidence and solid momentum in the company’s fundamentals. With a market capitalization of $51.8 billion, the stock has gained 12.91% over the past year and 23.6% in the last six months, underscoring sustained optimism about its long-term growth prospects. The…