Dow jumps 920 points as Trump halts Iran strikes, chip stocks rally
US stocks ended higher on Thursday, with the Dow Jones Industrial Average gaining more than 900 points, as investors welcomed signs of easing tensions between the United States and Iran and returned to technology shares following a sharp selloff earlier
Micron stock jumps as AI memory boom fuels analyst price target hikes
Micron Technology MU shares moved higher on Thursday as investors returned to semiconductor stocks and analysts grew increasingly optimistic about the outlook for memory-chip demand driven by artificial intelligence. The stock gained more than 10% during the session, rebounding after a
Viasat stock rises on $4B Space Force satellite program win
Viasat VSAT shares climbed on Thursday after the satellite communications company announced it had secured a prime contract from the US Space Force to build and launch satellites for the Protected Tactical SATCOM-Global program. The stock rose about 8.1% to $66.48
Why is Microsoft stock falling today?
Microsoft shares MSFT declined on Thursday after a report indicated that the company's Xbox division is preparing significant layoffs and budget reductions, overshadowing continued optimism surrounding Microsoft's artificial intelligence strategy. According to a Bloomberg report, Microsoft's gaming division is expected to
Options pricing suggests Q2 earnings won’t salvage Adobe stock
Adobe (ADBE) shares are inching lower on Thursday morning ahead of the software firm’s much-anticipated Q2 earnings scheduled for release after the closing bell. Consensus is for the company to report $5.81 per share of earnings (EPS) for its recently concluded
Middle East war could set back human development gains in Philippines — UNDP
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Applied Materials, KLA stocks gain as AI boom lifts chip equipment outlook
Shares of semiconductor equipment makers moved higher after analysts raised expectations for the wafer fabrication equipment market, arguing that growing artificial intelligence investment continues to support long-term demand across the industry. While chip stocks have come under pressure in recent sessions,