Tesla Inc. stock rallied 10% on Tuesday after the EV maker reported a milder drop in sales for April through June. At 10:36 am EDT, Tesla stock was at $230.86, higher by $21.00 or 10.01%. The electric vehicle maker’s global sales dropped for the second straight quarter despite price cuts […]
US Stock Markets
US stocks were mixed on Monday after a report showed manufacturing weakened last month. The S&P 500 was steady in midday trading. The Dow Jones Industrial Average rose 0.1 per cent and the Nasdaq composite was 0.3 per cent higher. This week the investors’ main focus is on jobs data […]
Nvidia Corp stock rebounded on Tuesday, lifting other AI-linked shares and tech-heavy Nasdaq higher. At 11:16am EDT, Nvidia Corp stock was at $124.03, up $5.92or5.01per cent. It is on track to break a three-day losing streak. US-listed Taiwan Semiconductor Manufacturing , Broadcom and Qualcomm gained between 0.5 per cent and […]
Nvidia Corp. stock continued its decline for the third straight session on Monday dragging on the Nasdaq. At 11:02 am EDT, the Nvidia stock was at $120.08, down $6.49 or 5.13 per cent. On Friday, the stock had ended at $126.57. The chip maker’s stock is falling mainly on profit […]
US stocks declined on Tuesday as investors await crucial inflation data and the Federal Reserve’s policy decision. The consumer price index (CPI) report for May and the conclusion of the Fed’s two-day policy meeting will be announced on Wednesday. As of 10:01 a.m. Eastern, the Dow Jones Industrial Average fell […]
Shares of Hewlett Packard Enterprise (HPE) soared more than 12 per cent in the morning session on Wednesday after the company reported upbeat second quarter results and predicted stronger third quarter revenue on growing demand for its AI-servers. Texas-based HPE is set to add more than $2 billion to its market […]
US stock indices were mixed after opening higher on Wednesday amid hopes for an earlier-than-expected cut in interest rates by the Federal Reserve. At 12:20 p.m. ET, the Dow Jones Industrial Average was down 4.89 points, or 0.01 per cent, at 38,706.40, the S&P 500 was up 35.69 points, or […]
US stock indices gained on Monday, lifted by chip and megacap stocks. At the opening bell, the Dow Jones Industrial Average rose 23.67 points, or 0.06%, to 38,709.99. The S&P 500 was higher by 19.64 points, or 0.37%, at 5,297.15, while the Nasdaq Composite gained 130.69 points, or 0.78%, to […]
US stocks slid on Thursday after the revised data showed the US economy grew less than previously expected in the first quarter. US gross domestic product (GDP) growth for the first quarter was lowered to 1.3 per cent from previous estimate of 1.6 per cent. At 12:04 p.m. the Dow […]
Shares of American Airlines plunged more than 14 per cent in morning trade on Wednesday after the company cut its second quarter profit forecast. At 1:12 p.m. EDT, American Airlines shares were at $11.46, down 14.73 per cent. Wall Street US stocks dropped on Wednesday, as concerns around the timing […]