SpaceX stock will be in focus later today as the company reports its first earnings since going public. Shares rose to $114.45 on Monday, recovering modestly from their record low of $104. Investors are now watching closely to see whether the inaugural earnings report will provide the catalyst for the stock to extend its rebound
US stocks opened higher on Tuesday as strong earnings from Palantir Technologies and Caterpillar reinforced investor confidence in artificial intelligence-driven spending, while easing oil prices on hopes of a diplomatic breakthrough in the Middle East supported broader market sentiment. The Dow Jones Industrial Average rose about 694 points, or 1.31%. The S&P 500 gained 0.57%,
Palantir Technologies (NASDAQ: PLTR) shares surged more than 20% in trading on Tuesday after the company reported stronger-than-expected second-quarter results, prompting several Wall Street firms to raise price targets and, in one case, upgrade the stock. The software company reported adjusted earnings per share of 41 cents, well above Wall Street expectations of 34 cents
AMC Entertainment stock extended its impressive rally, approaching a key resistance level as investors cheered the continued recovery of the blockbuster movie industry. The shares climbed to a high of $3.02, their highest level since October 2025, and have surged more than 200% from their lowest point this year. The key question now is whether
The Roundhill Memory ETF (DRAM) has come under intense selling pressure recently as concerns about the memory and technology sectors escalated. It dropped to $50 on Friday, down over 33% from its year-high. This article looks at some of the top DRAM ETF stocks to watch this week, including Western Digital (WDC), SanDisk (SNDK), and
Memory-chip stocks came under renewed pressure on Monday after a Reuters report said China’s largest DRAM manufacturer, ChangXin Memory Technologies (CXMT), is considering building a second memory-chip fabrication plant in Beijing as it looks to expand production during a global semiconductor shortage fueled by artificial intelligence spending. Micron Technology and SK Hynix each fell about
Strategy Inc. MSTR (formerly known as Microstrategy) shares gained 2% on Monday after the company disclosed fresh sales of Bitcoin and common stock as it continued executing its revamped capital strategy focused on strengthening liquidity and supporting its balance sheet. The company, led by Executive Chairman Michael Saylor, said it sold approximately 1,638 Bitcoin for
Bristol-Myers Squibb (BMY) stock is declining this morning, reversing its premarket gains as Wall Street digests bombshell reports of a potential transatlantic merger with AstraZeneca (AZN). According to media reports, the UK healthcare heavyweight has held preliminary discussions with BMY regarding a potential megamerger that could value the combined enterprise near $400 billion. However, there’s
The Roundhill Memory ETF (DRAM) has come under intense selling pressure recently as concerns about the memory and technology sectors escalated. It dropped to $50 on Friday, down over 33% from its year-high. This article looks at some of the top DRAM ETF stocks to watch this week, including Western Digital (WDC), SanDisk (SNDK), and
Shares of Circle Internet Group fell sharply in premarket trading on Monday after Morgan Stanley downgraded the stablecoin issuer, while TD Cowen initiated coverage with a bullish rating, highlighting a growing divide on Wall Street over the company’s long-term prospects. Circle stock declined 6% to $58.81 in premarket trading following the contrasting analyst calls. Meanwhile,