Tag: Wall Street
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Wall St ends lower for the day and week as chip selloff broadens
“It’s like the market has chip fatigue,” said Ryan Detrick, chief market strategist at Carson Group, as chip stocks faced continued pressure.
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A strong start to earnings season will be put to the test next week
Next week’s Alphabet and Tesla earnings will give some idea of where the semis go next.
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Retail and Wall Street are underwater on SpaceX — but not going down without a fight
Good times for SpaceX are proving short-lived as Elon Musk’s intergalactic IPO is now giving fodder to bears.
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One of China’s top investors says finance, not AI, is the country’s biggest bottleneck
Finance would be China’s weak point in a prolonged rivalry with the U.S. which has the world’s deepest capital market, says Primavera Capital founder Fred Hu.
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Stocks drop on tech sell-off, oil yo-yos on Mideast
NEW YORK: Major stock markets mostly retreated Thursday (Jul 16) as semiconductor shares extended falls, while oil prices wobbled as the United States and Iran exchanged fresh strikes
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Short sellers load up against SpaceX as stock retreats back to IPO price
About 185 million SpaceX shares are now sold short, representing roughly 29% of the company’s publicly tradable float, according to S3.
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US stocks gain after reassuring inflation data, tech giants advance
“The market was comforted today by the market-friendly PPI report,” said analyst Patrick O’Hare.
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Star analyst Dan Ives forms Yorkville Ives merchant bank after leaving Wedbush
The new firm, Yorkville Ives & Co., will combine investment banking, equity research, institutional trading and principal investing.
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