Stock market today: Dow, S&P 500, Nasdaq futures hit pause in wait for Hormuz update
US stock futures stalled on Tuesday, hitting pause on their retreat as investors weighed apparent signs of progress toward an end to the US-Iran war.
Dow Jones Industrial Average futures (YM=F) nudged down 0.1%, while those on the tech-heavy Nasdaq 100 (NQ=F) fell 0.3%. Contracts on the S&P 500 (ES=F) shed 0.2%,
Read MoreIs It Too Late to Buy Cerebras Systems After the Stock Soared Following Its IPO?
The biggest driving force in the stock market over the past few years has been artificial intelligence (AI) infrastructure, so when AI chip company Cerebras Systems (CBRS +6.05%) made its public debut on May 14, investors, not surprisingly, sent its shares soaring. After the stock climbed 68% on its first day of trading,
Read MoreCelebrating the Federal Reserve Bank of Cleveland's role in the nation's financial system
CLEVELAND — As we get ready to mark the nation’s 250th birthday, we are taking time out to recognize Cleveland’s role in the growth of the country.
Part of that is our place in the nation’s financial system, the roots of which date back to pre-Cleveland to Alexander Hamilton,
Stock market today: Dow, S&P 500, Nasdaq futures fall as inflation worries persist
US stock futures slid on Tuesday as Wall Street weighed inflation concerns and counted down to Nvidia’s (NVDA) earnings.
Futures attached to the Dow Jones Industrial Average (YM=F) slid 0.2%, Contracts on the S&P 500 (ES=F) and the tech-heavy Nasdaq 100 (NQ=F) fell 0.3% and 0.6% respectively.
Read MoreTech stocks lift European shares, Middle East caution lingers
By Twesha Dikshit May 20 (Reuters) – European shares rose on Wednesday, aided by technology shares, but gains were capped as investors remained cautious amid war-driven inflation fears that continued ?to pressure bonds, while markets kept a close watch on U.S.-Iran developments. The pan-European STOXX ?600 was up 0.2% at 612.84 points, as of 0851 GMT.
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Read MoreThe Burst
Micron Is Down 42%, Why It Might Be a Screaming Buy?
Micron Technology (NASDAQ: MU) is no stranger to volatility, but its recent price action has been brutal even by semiconductor standards. Since peaking in June of last year, the stock has tumbled 42%. And nearly 30% of that decline happened in just the past month.
So, is this a falling knife or an undervalued gem in the chip sector?
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Read MoreThe Ivy
Jack’s Fintech Giant Just Quadrupled Profits
The stock market has a way of turning heroes into villains overnight, and Block is a perfect case study. Just a few years ago, it was one of the hottest names on Wall Street, riding high on the wave of digital adoption.
Fast forward to today, and the stock is trading nearly 80% below its all-time highs.
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Read MoreThe Spotlight
1 Social Media Stock Savvy Investors Are Watching
Reddit, often referred to as “the front page of the internet,” has a claim to fame that over 400 million monthly active users engage with it across 130,000 active communities.
There is no two ways about it, Reddit has carved out a niche in the social media landscape that is distinct from giants like Facebook and Twitter.
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