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Stocks will rally 5% in just 5 days after the Fed's rate decision this week, Fundstrat says

"These are significant gains, implying the S&P 500 could gain 200-300 points in the next week. This is very compelling in our view," Fundstrat said.

Read more 2024-07-31 22:17
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Meta beats Q2 expectations but warns of 'significant' spending expansion in 2025

Meta shares climbed higher in trading Thursday after the company reported better-than-expected second quarter earnings Wednesday.

Read more 2024-07-31 20:12
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Nvidia stock soars 12% after strong AMD results, bullish call from Morgan Stanley

Nvidia shares soared as tech stocks led markets higher following a bullish note from analysts at Morgan Stanley and strong results from AI chip peer AMD.

Read more 2024-07-31 20:05
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Arm stock dives 11% as slow AI gains lead to tepid outlook

-Arm's conservative revenue forecast sparked a selloff in the British chip firm's stock on Wednesday, as investors worried that returns from a spending frenzy on AI computing would be slower to materi ...

Read more 2024-07-31 20:05
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S&P 500 Nuclear Energy Stocks Storm Higher As Prices Surge 800% On Largest U.S. Power Grid

S&P 500 nuclear power providers Constellation Energy and Vistra surged higher early Wednesday after PJM Interconnection's, the largest U.S. electrical grid operator, announced prices jumped more than ...

Read more 2024-07-31 20:00
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Microsoft and AMD’s results perfectly illustrate the two sides of the AI trade

Shares of Microsoft fell Wednesday while AMD's stock rose, showing the two sides of the current AI trade.

Read more 2024-07-31 18:53