Category: Stocks
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India stocks higher at close of trade; Nifty 50 up 0.42% By Investing.com
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Investing.com – Indian stocks were higher after Tuesday’s close, as gains in the banking and services sectors led shares higher. At the close on the NSE, the index added 0.42%, while the BSE added 0.44%. The session’s top performer was Divi’s Laboratories Ltd. (NS:), which rose 5.09% or 263.50 points…
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Wall Street’s 2 Newest Stock-Split Stocks Are Taking Center Stage This Week
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Despite artificial intelligence Stock splits have been the talk of Wall Street for most of the past two years, and the euphoria surrounding companies executing stock splits has been an equally important catalyst for the stock market in 2024. A stock split is a tool available to publicly traded companies…
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Stocks Drop as Jobs Data Adds to Case for Fed Cuts: Markets Wrap
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(Bloomberg) — Asian stocks fell Monday after U.S. jobs data added to concerns that the Federal Reserve may have waited too long to cut interest rates. Most Read from Bloomberg Stocks in Australia, Japan and South Korea posted losses in early trade, while U.S. futures were little changed. The dollar…
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AI stocks not in bubble; SMCI downgraded By Investing.com
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Investing.com – Here are analysts’ biggest moves in artificial intelligence (AI) this week. InvestingPro subscribers always get priority access to market-moving AI analyst commentary. Upgrade today! Bank of America on Nvidia: ‘Compelling Growth at a Compelling Valuation’ Bank of America this week reiterated its buy rating on NVIDIA Corporation (NASDAQ:…
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US stocks open marginally higher after the US jobs report
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While the market digests the US jobs report, the stock market is also making its voice heard. The major indexes were significantly lower in the pre-market before the jobs report. Since then, all of those declines have been corrected. The major indexes are opening slightly higher. The Nasdaq was down…
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What’s next for semiconductor stocks? UBS weighs in By Investing.com
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Investing.com – The semiconductor sector has been a focus of investor interest in recent years, driven by its crucial role in technology and the global economy. However, recent market trends have introduced both opportunities and challenges to semiconductor stocks. “Semiconductor stocks came under sharp pressure as part of a broader…
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Fed pivot, lower rates could be catalysts for ‘Green’ stocks
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Clean energy has burned many investors when easy money choked, according to Citi Research, but in the near term, a Fed shift and rate cuts could still be a catalyst for the broader green theme. “We are still not broad-based buyers of ‘green’ per se, but we see opportunities within…
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Wall Street stocks fall; jobs data feeds uncertainty about rate cuts By Reuters
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By Chibuike Ojoh NEW YORK (Reuters) – U.S. stocks fell on Friday, pressured by a jobs report that showed the labor market remained sluggish but left traders uncertain about how far the Federal Reserve will go in cutting interest rates. All three major indices fell, with all 11 sectors of…
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Wall Street stocks fall; jobs data feeds uncertainty about rate cuts By Reuters
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By Chibuike Ojoh NEW YORK (Reuters) – U.S. stocks fell on Friday, pressured by a jobs report that showed the labor market remained sluggish but left traders uncertain about how far the Federal Reserve will go in cutting interest rates. All three major indices fell, with all 11 sectors of…
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Norway stocks lower at close of trade; Oslo OBX down 0.58% By Investing.com
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Investing.com – Norway stocks were lower after the close on Friday, as losses in the , and sectors led shares lower. At the close of trading in Oslo, the Norwegian Stock Exchange’s general index fell 0.58% to its lowest level in a month. The best performers in the session were:…
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Stocks pause days of losses ahead of US jobs data: Markets Wrap
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(Bloomberg) — Global stocks steadied after days of declines as uncertainty persisted over the health of the U.S. economy and the pace of potential interest rate cuts by the Federal Reserve. Most Read from Bloomberg The pan-European STOXX 600 index was little changed, with chemical and mining stocks the biggest…
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Stocks claw back after tough September start
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Gasoline prices have been trending lower as oil prices have fallen and gasoline futures (RB=F) are nearing three-year lows. The average price of gasoline at the pump on Wednesday hit a six-month low of $3.32 a gallon, about $0.49 less than exactly a year ago, according to AAA data. “Coinciding…
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Billionaires Are Selling Them and Scooping Up Shares of 2 Artificial Intelligence (AI) Stock-Split Stocks Instead
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Since the advent of the Internet in the mid-1990s, investors have always found a new innovation, technology, or trend that catches their attention. However, no market has emerged more targetable since the advent of the Internet than the current surge in stock prices. artificial intelligence. What makes AI so special…
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Bitcoin Price Drops As Stocks Lose $1 Trillion In Market Value
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The past trading session saw a turbulent turn of events in financial markets, with the global equity landscape losing more than $1 trillion in market value. The stunning decline was largely driven by massive sell-offs in large-cap technology stocks, including industry giants like Nvidia (NVDA), which alone lost $360 billion…
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Bitcoin Price Drops As Stocks Lose $1 Trillion In Market Value
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The past trading session saw a turbulent turn of events in financial markets, with the global equity landscape losing more than $1 trillion in market value. The stunning decline was largely driven by massive sell-offs in large-cap technology stocks, including industry giants like Nvidia (NVDA), which alone lost $360 billion…
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Stocks Tumble Most Since August Rout, Oil Slips: Markets Wrap
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(Bloomberg) — Asian stocks fell the most since Aug. 5, tracking a selloff in their U.S. counterparts driven by a sharp drop in Nvidia Corp. Most Read from Bloomberg Shares of Asian chipmakers fell amid renewed concerns about the AI craze, dragging the regional stock index down more than 2%.…
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U.S. stocks tumble as September starts, investors cool on chips By Reuters
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(Reuters) – Wall Street’s main indexes fell on Tuesday, with the S&P 500 falling more than 2% and the Dow Jones Industrial Average falling more than 3%, as investors’ optimism about artificial intelligence faded in a broad market selloff that accelerated after tepid economic data. The Nasdaq and Dow posted…
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Asian Stocks Erase Gains as Dollar Resumes Rally: Markets Wrap
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(Bloomberg) — Asian stocks were steady and the dollar and yen rose against their peers in a sign of defensiveness as traders brace for U.S. data later this week that will offer clues on an interest-rate cut by the Federal Reserve. Most Read from Bloomberg Stocks in Australia, Hong Kong…
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Stocks Hover as Traders Brace for September Swings: Markets Wrap
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(Bloomberg) — Global stocks rose to near record highs on Monday as investors braced for what is typically the most challenging month for equities. Most Read from Bloomberg The pan-European STOXX 600 index pared most of its earlier losses after closing at a record high on Friday. Volkswagen AG rose…