S&P 500, Nasdaq end up as Nvidia surge leads megacap higher
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- Wall St indexes advance with boost from chips, Iran optimism
- Intel soars after Trump says Apple agreed to work with chipmaker on US production
- Apple CEO warns price hikes 'unavoidable' as chip costs bite - WSJ
- Wall Street scrambles to lift Micron price targets ahead of earnings
- SanDisk and Micron surge as Apple confirms memory price pass-through
- Zelenskiy: best guarantee of Europe's future is fast-track EU membership for Ukraine
- Needham Starts NeoVolta (NEOV) at Buy
- CoreWeave trains DeepSeek-V3 in two minutes in MLPerf benchmark
- Companies to add 40 million barrels of oil to US SPR after Iran war ends, energy secretary says
- Tesla acquires AI hardware company for up to $2 billion in stock
BTIG's Krinsky sees 'meaningful downside risk for tech'
August 14, 2023 10:04 AM EDTBTIG analyst Jonathan Krinsky told investors in a note Monday that they see "meaningful downside risk for tech broadly over the coming weeks."
The analyst stated that while technology is up 35% this year, its medium-term momentum continues to roll over, with many key ETFs having broken significant volume-based... More
Goldman Sachs says elevated oil prices could push S&P 500 higher
August 14, 2023 6:53 AM EDTGoldman Sachs analysts led by David Kostin weighed in on the earnings season so far, highlighting that the S&P 500's earnings per share (EPS) for the second quarter experienced a 4% year-over-year (YoY) decline.
This decline is better than the initial expectations at the beginning of Q2 the earnings season,... More
