ASML (ASML +3.88%) posted its first-quarter earnings report on April 15. The Dutch semiconductor equipment maker’s revenue increased 13% year over year to €8.77 billion ($10.38 billion), exceeding analysts’ estimates by €110 million. Its earnings per share grew 19% to €7.15 ($8.46), beating the consensus forecast by €0.54.
By STAN CHOE, AP Business Writer
NEW YORK (AP) — Oil prices fell by 10%, and the Dow Jones Industrial Average soared 1,020 points after Iran said the Strait of Hormuz is fully open, which would allow oil tankers to exit the Persian Gulf again and carry crude to customers worldwide.
Nvidia (NVDA +1.10%) is by far the biggest chipmaker in the world, taking in hundreds of billions of dollars from big tech companies that are outfitting AI data centers with its high-end AI processors. Instead of letting that all of that cash sit on its balance sheet,
Social Security is facing a serious funding shortfall that will cause it to run out of money sooner than projected.
The Congressional Budget Office initially projected as of last year that Social Security would run out of money in 2033.
Now,
At the very least, I’d like to see 7,000 tested as support on a pullback than I can take advantage of. In the short term, probably more or less a market that you want to sit on your hands because the further it goes and the more that the FOMO builds, the more likely we are to have a pretty significant pullback.
Around 25% of the world’s daily supply of seaborne oil transits through the Strait of Hormuz. Iran effectively closed the waterway after direct attacks on its territory by the U.S. and Israel, which began on Feb. 28, leaving countries scrambling to avoid a global energy shortage.
The price of a single barrel of West Texas Intermediate crude oil soared to a 52-week high of around $120 in March,
» Read more about: Iran Just Delivered Incredible News for Stock Market Investors »
Netflix shares were down 10% in premarket trading Friday after the streaming giant reported a slight beat in first-quarter 2026 revenue but forecast lighter-than-expected Q2 sales and operating income.
For Q2, Netflix forecast revenue growth of 13% and operating margin of 32.6% (compared with 34.1% in the year-ago quarter);
» Read more about: Wall Street Remains Mostly Bullish on Netflix Stock Despite Softer Q2 Forecast »
By Niket Nishant and Avinash P
April 17 (Reuters) – Wall Street’s main indexes jumped Friday after investors cheered Iran’s decision to open the Strait of Hormuz following a ceasefire accord agreed in Lebanon.
Iran’s Foreign Minister Abbas Araqchi announced in a post on X that passage for all commercial vessels through the Strait of Hormuz was “completely open”
Big Tech stocks were on track to wrap a massive week on Friday, with shares of Oracle, Advanced Micro Devices and Microsoft set to post historic gains and benchmarks.
» Read more about: AMD, Oracle, Microsoft and the IGV lead a monster week for tech stocks »
Fear of missing out is fueling the rally, with Barclays pointing to FOMO as a key driver behind stocks pushing to new highs. U.S. and tech shares are leading the charge,