Stocks

S&P 500 Index flashes a death cross as US-Iran war continues ahead of NFP data

The S&P 500 Index continued its strong downward trend last week as the Iran war continued, pushing crude oil and natural gas prices higher. The SPX index fell to $6,368, its lowest level since August last year. It has fallen in the last five consecutive weeks. S&P 500 Index in focus as Iran war takes

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Stocks

CrowdStrike stock: how its own partners triggered a sell-off today

CrowdStrike Holdings Inc (NASDAQ: CRWD) is inching lower on Mar 27 after partner Anthropic previewed a “breakthrough” AI model with advanced cybersecurity capabilities it’s calling Claude Mythos. Adding to the pressure are reports of Amazon.com Inc, another one of CRWD’s partners, developing a sophisticated artificial intelligence tool to handle sales, business development, and other tasks.

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Stocks

Dow Jones plunges nearly 800 points: longest weekly losing streak in 4 years

US stocks fell sharply on Friday, with all three major indexes closing at their lowest levels in more than six months, as escalating tensions in the Middle East and surging oil prices dampened investor sentiment. The Dow Jones Industrial Average dropped 793.47 points, or 1.73%, to 45,166.64, entering correction territory on an intraday basis. The

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Stocks

US debt surge puts TLT stock at risk amid rotation to BIL ETF

The iShares 20+ Year Treasury Bond ETF (TLT) remains under intense pressure this year as investors have remained concerned about the ballooning US government debt and rising long-term bond yields. The TLT ETF stock dropped to $86, down by nearly 5% from its highest point this year. Soaring US debt has pushed investors to BIL

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Stocks

FPIs pull out $12B from Indian equities on Iran war, oil shock

Foreign investors are on track to pull a record $12 billion from Indian equities in March, as rising oil prices and geopolitical tensions in the Middle East trigger a sharp reversal in sentiment toward emerging markets. With just two trading sessions left in the month, foreign portfolio investors (FPIs) have already withdrawn Rs 1.12 trillion

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Stocks

XPeng stock is still at risk despite reporting its first profit: what next?

XPeng stock price has held steady in the past few days, helped by the recent financial results, which showed that it made its first quarterly profit. XPEV was trading at $18.85 on Wednesday, up 23% from its lowest point this year. What’s next for this Chinese EV giant? XPeng delivers first quarterly profit, but potential

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Stocks

These 2 Neocloud stocks could dominate AI compute, says BofA

The artificial intelligence space has been making all the noise on Wall Street for the past two years. With soaring valuations, the chip giants like Nvidia or other hyperscalers such as Microsoft, Amazon, and Alphabet seem to be dominating the sector. Now, Bank of America is making a more specific bet that a newer class

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Stocks

ARM stock skyrockets 12% after unveiling first in-house AI chip

Shares of Arm Holdings surged in premarket trading on Wednesday after the company unveiled its first internally developed chip and outlined ambitious long-term revenue targets. The stock was up about 12.6% in premarket trading, reversing a 1.4% decline in the previous session. The British semiconductor and software design firm introduced its AGI CPU at an

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Stocks

Aerospace rally heats up: are defense stocks now too expensive?

Aerospace and defense shares have climbed as geopolitical tensions support the group, but not every name looks cheap. Specialty materials maker ATI is currently rated Hold, with a 12-month price target of $139.86, reflecting limited upside after a strong run and a relatively rich valuation. Karman Holdings, meanwhile, has gained more than 10% during March

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Stocks

Goldman Sachs: market is dead wrong about these 2 new IPO stocks

The global investor sentiment has been anything but positive over the past some weeks. The war in the Middle East is impacting almost every nation, with investors rushing towards safe havens amid mounting losses and economies facing supply shocks. Fresh listings amid such conditions come with big risks. But, even before the latest escalation in

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