Tag: Breaking News: Markets
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Micron falls 5% in premarket, paring earlier gains amid tech rout
Micron Technology’s shares tumbled on Friday amid a global sell-off in technology stocks.
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Binance to stop providing services to European clients after failing to obtain license: Financial Times
All crypto companies have to obtain a license under the bloc’s Markets in Crypto-Assets Regulation by July 1, or risk penalties.
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SK Hynix prepares US listing at $166 per share — here’s why HSBC says it could be worth 20% more
HSBC analysts see the South Korean chipmaker’s foray into U.S. markets as the catalyst to narrow the valuation gap with rival Micron Technology.
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UN agency pauses Hormuz ship evacuation plan after first vessel attack under peace deal
The pause follows a container ship being struck near the coast of Oman on Thursday, with a U.S. official saying that Iran was responsible for the attack.
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SoftBank sinks 11% as Asia tech rout tracks declines in the U.S.
SoftBank Group plunged, leading a broad selloff in Asian technology stocks amid mounting concerns over the rising cost of artificial intelligence infrastructure.
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FedEx Freight takes a step forward in its independent journey. Here’s why we like the stock
FedEx Freight had plenty of encouraging things to say on its first earnings call as a standalone company.
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S&P 500 futures are little changed as index heads for losing week: Live updates
The technology-dominant Nasdaq Composite and broad S&P 500 index are both on pace to end the trading week in the red.
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Apple stock gets slammed on bigger Mac, iPad price hikes. Why it can weather the storm
The stock had its worst session in more than a year as management made its first official move to pass higher memory costs onto consumers.
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Micron says the AI party is far from over, but not all are celebrating
A blowout quarter for the memory maker is only lifting certain parts of the data center buildout.
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Obesity drugs approach a major milestone, and Lilly may have a ‘game changer’ ahead
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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