Wall Street’s major indexes were higher on Friday as chipmakers returned to the wheel in a volatile week that also marked the start of fourth-quarter earnings season.Memory chip makers led the gains, with Micron, Seagate Technology and SanDisk rising between 2% and 7%, building on their torrid 2025 rallies. The iShares Semiconductor ETF gained 2.1% […]
Wall Street’s major indexes rebounded Thursday after a two-day slide, thanks to a chip-led rally fueled by TSMC’s blockbuster results, as investors sifted through earnings from Morgan Stanley and Goldman Sachs to wrap up the big banks’ reporting season.Chip stocks like Nvidia rose 2%, while Broadcom and Micron rose 1.4% and 1.9%, respectively. Chip manufacturers […]
Wall Street ended higher on Tuesday as chip stocks rose on renewed AI optimism, Moderna rebounded and the Dow Jones Industrial Average hit a record high. Moderna jumped after BofA Global Research raised its price target for the drugmaker, lifting the S&P 500 healthcare index. Memory and storage technology stocks rose after Nvidia CEO Jensen […]
Sharp declines in technology stock prices are cause for caution but not yet panic, say brokers and investors who have ridden a runaway market to record highs and some stretched valuations. The selling extended into a second day on Wednesday, leaving stock markets in Seoul and Tokyo about 5% below Tuesday morning’s peaks. But both […]