Wall Street woke up in a good mood on Monday. Oil prices were tumbling on news of a U.S.-Iran ceasefire, and all three major indexes opened solidly higher. By midday, that optimism had largely evaporated.
The Dow Jones Industrial Average (^DJI +0.29%) was clinging to a 0.2% gain at 12:06 p.m.
» Read more about: Dow Jones Holds Gains While S&P 500 Turns Negative on Semiconductor Weakness »
Who doesn’t love a stock split? Energy drink powerhouse Monster Beverage (MNST +1.93%) recently announced a 2-for-1 stock split, the company’s sixth since 2005. Shareholders as of July 24 after the market’s close will receive a 100% stock dividend after the market closes on Aug.
Warren Buffett’s successor, Greg Abel, just completed his first acquisition as Berkshire Hathaway’s CEO. It’s the latest sign that he’s ready and willing to build on what Buffett built.
In a Friday press release, Berkshire said it has officially taken over Taylor Morrison for $8.5 billion in cash,
» Read more about: Greg Abel is starting to make his mark as Warren Buffett's successor »
Tesla (NASDAQ: TSLA) reported earnings last week, and the stock has been in sell-off mode since. The numbers clearly didn’t impress investors, sending the stock, which was already struggling heading into the earnings release, into a tailspin. As of Monday, the stock was down more than 31% year to date, and it’s in danger of hitting a new 52-week low.
» Read more about: Should You Buy Tesla Stock After Its Post-Earnings Dip? »
By Johann M Cherian and Ragini Mathur
July 27 (Reuters) – Wall Street’s main indexes were mixed on Monday as investors remained wary of volatility in the Middle East despite a U.S.-Iran de-escalation, while awaiting guidance from major technology companies in what could prove to be a “make-or-break” week.
Four of Wall Street’s “Magnificent Seven”
» Read more about: Nasdaq, S&P 500 edge lower as tech stocks drop; focus on Mideast conflict »
Last week, Jim Cramer told tech investors something most of them did not want to hear.
If they were still holding a portfolio stuffed with AI and chip stocks, he said, they were about to get hurt, and hurt badly.
His exact word was “slaughtered.”
» Read more about: Jim Cramer has terrifying one-word message for tech stock investors »
Investors in Monolithic Power Systems, Inc. MPWR need to pay close attention to the stock based on moves in the options market lately. That is because the Sept. 18, 2026 $560.00 Call had some of the …
» Read more about: Implied volatility surging for Monolithic Power stock options »
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There has long been an elephant in the Federal Open Market Committee’s room as it tries to accomplish its mission of promoting maximum employment and stable prices.
» Read more about: Mounting US Budget Deficit Complicates Fed’s Interest Rate Choices »
If you have $20,000 sitting in a traditional savings account, you could be missing out on hundreds of dollars in interest every year. Many of today’s high-yield savings accounts (HYSAs) pay up to 12 times more than the national average, making them an attractive place to park emergency savings or other cash you don’t plan to invest.
SK Hynix (SKHY -9.54%) recently made its stock market debut in the U.S., and its shares have been volatile during the short time they have traded on the Nasdaq. The wild swings in SK Hynix’s share price can be attributed to the recent rotation out of memory stocks.
» Read more about: Prediction: SK Hynix Stock Will Hit $1,000 by the End of 2027. Here's How. »
