Latest Stock Market News — Page 63

Technology Jul 13 Sarah Chen

AI Memory Stocks Slide as Scarcity Premium Erodes

AI memory and storage stocks dropped 7.2% Monday, nearly double the decline in compute names, signaling fading confidence in sustained scarcity-driven profits.

SNDK MU WDC NVDA AMD AVGO TSM SSNLF META ORCL INTC

Markets Jul 13 Daniel Marsh

Space Stocks Shed $89 Billion as Chinese Reusable Rocket Test Rattles Sector

A basket of space stocks dropped 5.9% on Monday, erasing $89 billion in market value, as China's reusable rocket test and rising oil prices fueled investor concerns.

RKLB ASTS LUNR QQQ SPY MS AVGO

Markets Jul 13 Daniel Marsh

Rocket Lab's Decline Nears Collar Trigger in Iridium Deal

Rocket Lab shares dropped 5.4% to $76.65, nearing the $67.50 collar floor that would freeze Iridium's exchange ratio at 0.4000 and potentially cut the deal value.

RKLB IRDM QQQ

Markets Jul 13 Daniel Marsh

Broadcom Insider Sales Reach $29.9 Million: A Closer Look at the Filing Trail

Broadcom insiders have filed for $29.9 million in stock sales since June, with $19.9 million completed and a $10 million proposal pending.

AVGO AAPL JPM

Markets Jul 13 Daniel Marsh

Wall Street Dips as Chip Rout and Oil Surge Split Markets

U.S. stocks fell Monday as the PHLX Semiconductor Index plunged 4.8%, while oil surged 9% on Strait of Hormuz tensions, splitting market performance. The S&P 500 dropped 0.8%, but the equal-weight index barely moved.

SSNLF MU MORN JPM GS BAC

Markets Jul 13 Daniel Marsh

Nasdaq's 1.4% Slide Overshadows Dow's Modest Dip Amid Oil Surge

The Dow closed down 0.26%, but the Nasdaq dropped 1.41% as oil's 9.4% surge fueled inflation fears. Over 65% of Nasdaq stocks ended lower.

SPY QQQ DIA GOOGL JPM GS MU WDC SNDK VZ USO GLD

Markets Jul 13 Daniel Marsh

AMD Shares Dip Despite TD Cowen Price Target Hike to $675

AMD shares fell 3.7% despite TD Cowen raising its price target to $675, as investors demand execution. The article covers analyst targets, dilution risks from warrants, and strong data-center growth.

AMD INTC NVDA META

Analysis Jul 13 Daniel Marsh

Amazon Fund Buys Show 98% Concentration Amid Stale Data Lag

Three recent fund-buying alerts for Amazon (AMZN) show a 98% concentration in one manager's holdings as of March 31, with alerts coming 73-78 days late.

AMZN MS JPM GOOGL MSFT META

Markets Jul 13 Daniel Marsh

Sandisk Shares Slide 13% Despite Doubled Price Target as Revenue Recognition Lags

Sandisk shares fell 13% to ~$1,669 even after Evercore ISI doubled its target to $3,100. A $6.2 billion backlog gap and sector outflows of $11 billion weighed on sentiment.

SNDK IBKR GS MU WDC

Analysis Jul 13 Daniel Marsh

Super Micro's Low P/E Masks Potential 28% Dilution from Financing Deals

Super Micro shares fell 3.2% to $27.41. Despite a low P/E of 13.2, potential dilution from financing could add up to 28% to share count.

SMCI DELL HPE

Crypto Jul 13 Sarah Chen

Ripple's XRP Holdings Surge to $40 Billion After SEC Battle

Ripple CEO Brad Garlinghouse reveals the firm nearly shut down in 2020, returning XRP reserves to shareholders. Those reserves are now worth nearly $40 billion.

COIN CRCL

Markets Jul 13 Daniel Marsh

Quantum Stocks Sink $2.5 Billion as Selloff Hits Sector Valuations

Quantum computing stocks plunged Monday, erasing $2.5 billion in value. Despite similar price action, the companies have vastly different revenue bases and cash positions.

IONQ QBTS RGTI QUBT QQQ

Latest News