Tag: Breaking News: Markets
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SK Hynix shares surge 25%, while Samsung soars over 20% as AI rally roars back
South Korea’s chip heavyweights SK Hynix and Samsung Electronics soared more than 20% on Friday, tracking a sharp rally in U.S. technology stocks.
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Amazon soars after CEO Andy Jassy makes the case for its massive AI investment
Amazon jumped about 10% to $258 in after-hours trading, putting shares at their highest level since early June.
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Indonesian state telecom said to weigh sale of venture arm managing $830 million
Indonesia’s state-owned telecom giant is exploring a sale of MDI Ventures, according to people familiar with the matter.
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Nasdaq futures rise after strong rebound on Wall Street, Amazon surges after earnings: Live updates
The after-hours moves followed a powerful rally during Thursday’s regular session, led by Microsoft.
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Coinbase shares fall after crypto exchange posts disappointing second-quarter results
Coinbase’s Thursday report marked its third straight quarter missing Wall Street’s forecasts for revenue and earnings.
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AI stocks rebound, and why J&J’s earnings guidance cut is not cause for concern
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.
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Microsoft wins back Jim Cramer’s support after a surprisingly good quarter
Jim Cramer has had a change of heart about Microsoft following Wednesday evening’s earnings report.
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Jersey Mike’s stock falls 3% in public market debut after pricing shares at $23
Jersey Mike’s priced its initial public offering at $23 per share.
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McDonald’s charts are starting to coil in the direction of a buy signal, Jay Woods says
Given low volatility on earnings day, a good support area and the fundamental story changing in much of the sector, McDonald’s may be worth a quick stop.
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Cramer predicts a breakout for Starbucks shares as CEO Niccol’s turnaround accelerates
“There are so many good things ahead here,” Jim Cramer said Thursday.
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