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The Latest Breaking News from Nasdaq

Tesla To The Moon? Elon Musk Hints Nvidia’s Large-Cap Dominance Is Only ‘For Now’

Tesla atop tech stocks over the past decade despite challenges.

Zenger

Tech stocks surge as wave of interest in AI drives $4tn rally

Shares in some firms involved in AI technology more than double in value as traders bet on massive growth in industry

The Guardian - UK

Will Apple’s MR Headset Be A Hit Or Flop? Munster Says This Is What Most Investors Expect

Apple will compete in the virtual reality space for the first time as it

Zenger

From analysis to the latest developments in health,
read the most diverse news in one place.

Markets Today: Stocks Rally as Nvidia Earnings Lead Tech Stocks Higher

Morning Markets June E-Mini S&P 500 futures (ESM2 3) this morning are up +0.87%, and June Nasdaq 100 E-Mini futures (NQM2 3) are up +2.28%. U.S. stock index futures this morning are moderately higher except for Nasdaq futures which are sharply higher due to a more than +25% surge in...

Barchart

Self-driving truck outfit cutting 151 jobs at San Diego headquarters

Self-driving semi-truck outfit TuSimple Holdings has disclosed more details about plans to reduce its workforce by 30 percent —including that it will eliminate 151 jobs in San Diego.

Tribune News Service

TWU demands Qantas pay back $2.7 billion pandemic relief as airline sees record annual profit, ASX edges lower on US debt talks — as it happened

The Transport Workers Union is calling on Qantas to repay $2.7 billion in government handouts it got during the COVID-19 pandemic as the airline forecasts what the union calls an "obscene" record annual profit. And the Australian share market runs out of steam as US debt ceiling talks drag on.

ABC News

Markets Today: Stocks Climb as Sentiment Improves for a Debt Ceiling Deal

Morning Markets June E-Mini S&P 500 futures (ESM2 3) this morning are up +0.31% at a 9-month nearest-futures high, and June Nasdaq 100 E-Mini futures (NQM2 3) are up +0.05% at a 13-month high. U.S. stock index futures this morning are moderately higher. The broader market is garnering support on...

Barchart

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Nasdaq 100 Recovers Half of its 1-1/2 Year Decline

The Nasdaq 100 Stock Index ($IU XX) (QQQ ) rallied to a 1-year high today and has recovered half of its 1-1/2 year long selloff from a record high in November 2021 down to a 2-3/4 year low in October 2022. Additional gains look promising if the Nasdaq can maintain...

Barchart

Tesla And Li Auto Sales Surges In Their Respective Markets And Abroad

Tesla facing big opportunities where the sale of fossil fuels in various countries will be banned in Norway by 2025

Zenger

1 Technology Stock Every Investor Is Buying This Week

While Ideanomics (IDEX) has witnessed high trading volume this week, the company’s fundamentals tell a different story. Let’s find out if investing in this tech stock is wise now. Continue reading….

StockNews.com

Chinese Stocks and FXI

Markets reflect the economic and geopolitical landscapes, and while China’s economy may be recovering, tensions between Washington, DC, and Beijing have caused investors to shun Chinese stocks. The FXI is an ETF product that holds Chinese large-cap stocks that trade on the U.S. and international equity exchanges.

Barchart

Markets as it happened: ASX closes down as US Federal Reserve raises interest rates

Australian shares closed down weighed down by bank stocks. NAB reports cash profit jump of 17 per cent but its shares slumped as the result was below market expectations.The US Federal Reserve raised interest rates by another 0.25 of a percentage point. Keep up with market events and insights from…

ABC News

Bhutan plans a $500 million fund for crypto mining in the Himalayas

Bhutan’s investment arm and Nasdaq-listed company Bitdeer Technologies Group plan to seek investors for a fund worth up to $500 million that will be used to develop green crypto mining in the Himalayan kingdom.

The Times of India

Lordstown Warns Of Bankruptcy As Foxconn Threatens To Cut Funding

Foxconn's decision was rushed by a Nasdaq warning to Lordstown that its stock may be delisted after falling below a minimum $1 per share for 30 straight days.

InsideEVs

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StockNews.com

3 Low-Rated POWR Stocks to Sell Immediately

The economic situation appears to be grim, with higher interest rates and the recent turmoil in the financial system causing sluggish growth in the first three months of this year. Hence, it could be wise to avoid struggling stocks Pliant Therapeutics (PLRX), Local Bounti (LOCL), and Kiromic BioPharma (KRBP). These…

Barchart

Stock Index Futures Move Higher as Investors Await Key U.S. GDP Data, Meta Surges on Upbeat Earnings

June S&P 500 futures (ESM23) are up +0.46%, and June Nasdaq 100 E-Mini futures (NQM23) are up +0.79% this morning as market participants digested consensus-beating results from Meta Platforms while awaiting U.S. GDP reading to gauge the strength of the U.S. economy.

StockNews.com

Could Tech Industry Be Facing Headwinds as 3 Major Players Struggle With Uncertain Future

The tech industry has been facing headwinds with year-long interest rate hikes, waves of job cuts, and trouble in the banking sector. Given the economic uncertainties ahead, I think fundamentally weak tech stocks Ouster (OUST), Alpine 4 (ALPP), and Integrated Media (IMTE) might be best avoided. Keep reading.

Kiplinger

Stock Market Today: Stocks Close Mixed After Sizzling U.K. Inflation Update

Investors also focused on today's onslaught of earnings reports, including mixed results for streaming giant Netflix.

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Fortune

Gary Gensler’s new assault on DeFi puts him on a legal limb

A proposed SEC rule change would force DeFi projects like Uniswap to register as a Nasdaq-like exchange.

Barchart

Markets Today: Stock Index Futures Slip as Bond Yields Climb

Morning Markets June S&P 500 futures (ESM2 3) this morning are down -0.12%, and June Nasdaq 100 E-Mini futures (NQM2 3) are down -0.62%. U.S. stock index futures this morning are moderately lower. Higher bond yields this morning are weighing on technology stocks and Nasdaq futures. Also, today’s U.S. March...

Evening Standard

FTSE 100 Live: ‘Storm clouds on the horizon’, JPMorgan boss warns; shares close up 0.4%

Blue-chip shares have continued their recent progress after the FTSE 100 index posted its fourth successive weekly gain on Friday.

ABC News

ASX gains on optimism that US rate hikes are over, while Bitcoin rallies again — as it happened

Another round of data out of the US is pointing towards inflation there easing, which could mean the Federal Reserve is done with rate hikes, at least for now, and the ASX followed the optimism.

Fortune

10 stocks that Gen Z loves

As American teenagers age into adulthood, they'll bring many of their favorite brands with them.

Zenger

Nasdaq, S&P 500 Futures Hold Steady Despite Inflation Worries

Stocks look set for a positive open on Tuesday after the previous session’s lackadaisical showing as concerns for inflation linger

StockNews.com

3 Stocks Investors Should Avoid Consuming

Still-elevated inflation and rising interest rates have resulted in a significant pullback in consumer spending. Amid a challenging economic backdrop, it could be wise to avoid fundamentally weak consumer goods stocks PLBY Group (PLBY), Vinco Ventures (BBIG), and AquaBounty Technologies (AQB). Read more….

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