The "Magnificent Seven" stocks have done incredibly well over the past five years, with six of them more than doubling in value during that time frame.
Markets had another strong week as inflaton data set the stage for the Federal Reserve’s meeting next week; a rate cut is expected but may already be priced in
The integration of artificial intelligence into the global economy is not merely a technological advancement; it is a seismic shift reverberating through the financial markets, fundamentally redefining investment strategies and corporate valuations. The fervent adoption and development of AI technologies have propelled a significant surge in market activity, particularly within
Advanced Micro Devices (NASDAQ: AMD) has delivered a stellar performance in the second quarter of 2025, announcing record-breaking revenue figures that underscore its formidable position in the burgeoning data center and client markets. The semiconductor giant reported an impressive $7.7 billion in revenue, a substantial 32% year-over-year increase, signaling
The U.S. government's recent tightening of export controls on advanced Artificial Intelligence (AI) chips has dealt a significant blow to Advanced Micro Devices (AMD) (NASDAQ: AMD), particularly impacting its Instinct MI308 data center GPU products. These restrictions have led to substantial inventory and related charges for the semiconductor giant,
Synopsys (NASDAQ: SNPS), a global leader in electronic design automation (EDA) and semiconductor IP, is embarking on a significant strategic review process that includes a planned 10% global headcount reduction by the end of fiscal year 2026. This comprehensive initiative, announced amidst recent financial headwinds and the integration of its
The global stock market currently finds itself at a pivotal crossroads, grappling with a complex array of powerful economic forces and nuanced investor sentiment. While a surge in artificial intelligence (AI) innovation and the burgeoning hope for interest rate cuts have propelled certain sectors and regions to remarkable highs, a
The American economy is currently caught in a perplexing paradox: while the nation's stock market soars to unprecedented heights, a deep-seated pessimism pervades the sentiment of the average U.S. consumer regarding future economic conditions. This stark disconnect presents a formidable challenge for policymakers, investors, and businesses alike, signaling a
The global financial markets are currently experiencing a robust upturn, largely propelled by a powerful combination of strong corporate earnings, particularly from the dynamic artificial intelligence (AI) and crucial infrastructure sectors. This surge is not merely a fleeting trend but a reflection of deep-seated technological transformation and strategic investments, acting
Congress bought big tech over the summer, signalling support for the sector; names like Palantir were also purchased, signalling bad news for its competitors.
The global financial landscape is currently grappling with a potent concoction of heightened market instability, pervasive policy uncertainty, and an escalating array of geopolitical events. These formidable forces are collectively reshaping investment strategies and underscoring the critical need for robust diversification and strategic hedging within portfolios. As investors navigate these
The global financial markets are buzzing with anticipation as 2025 is set to usher in an unprecedented era of Mergers & Acquisitions (M&A) activity. Forecasts indicate a robust 15% increase in global M&A deal values compared to 2024, signaling a powerful resurgence in corporate confidence and a strategic pivot
J.P. Morgan Research has issued a compelling and detailed bearish outlook on the US dollar, forecasting a continued period of weakness through 2025 and potentially into 2026. This pronouncement signals a significant shift in global currency dynamics, with the venerable financial institution anticipating that emerging market (EM) currencies are
Shares of luxury furniture retailer RH (NYSE:RH) fell 4.6% in the afternoon session after the company reported disappointing second-quarter results and provided a weak outlook for the upcoming quarter.
Shares of online study and academic help platform Chegg (NYSE:CHGG) fell 4.9% in the afternoon session after continued concerns about the competitive threat posed by Artificial Intelligence (AI).
Shares of furniture company La-Z-Boy (NYSE:LZB)
fell 2.7% in the afternoon session after the stock traded down in sympathy with competitor RH (RH), which reported weaker-than-expected results and lowered its guidance.
Shares of genetic testing company Natera (NASDAQ:NTRA). fell 2.7% in the afternoon session after the company reached an $8.25 million settlement in a legal case. The case, titled 'Amanda Davis v. Natera Inc.,' was reported by the Daily Journal. While the financial impact of the settlement may not be substantial for a company of Natera's scale, news of legal disputes can create uncertainty among investors. The announcement may have raised concerns regarding the underlying issues of the lawsuit or the potential for future legal challenges, prompting a sell-off in the company's shares.
Shares of fast-food chain Wingstop (NASDAQ:WING)
fell 3.7% in the afternoon session after investor sentiment soured amid reports of rising short interest and significant insider selling.
Shares of home automation and security solutions provider Resideo Technologies (NYSE:REZI)
jumped 3.4% in the afternoon session after the company received a positive mention from Jim Cramer on CNBC's "Mad Money Lightning Round."
Shares of genomics company Illumina (NASDAQ:ILMN) fell 3.2% in the afternoon session after reports emerged of increased competition from a Chinese rival and news of a significant legal settlement.
