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UBS lifts S&P 500 target to 7,500 by 2026 on tech-driven earnings strength

UBS lifts S&P 500 target to 7,500 by 2026 on tech-driven earnings strength

UBS has raised its S&P 500 forecast to 7,500 by the end of 2026, according to a note seen Monday from the bank’s global economics and markets outlo...
TSMC posts 16.9% October gain — its weakest since Feb 2024

TSMC posts 16.9% October gain — its weakest since Feb 2024

The Taiwan Semiconductor Manufacturing Company (TSMC) reported on Monday a 16.9% revenue increase for October, the weakest monthly growth since Feb...
Top catalysts for the S&P 500 Index and VOO ETF this week

Top catalysts for the S&P 500 Index and VOO ETF this week

The S&P 500 Index retreated sharply last week, moving from the year-to-date high of $6,915 to a low of $6,640 as concerns about the AI industry rem...
Why did the Nasdaq 100 Index and its ETFs like QQQ, JEPQ plummet?

Why did the Nasdaq 100 Index and its ETFs like QQQ, JEPQ plummet?

The Nasdaq 100 Index and its related ETFs, like QQQ and JEPQ plunged last week as concerns about technology valuations and the ongoing government s...
Nvidia stock falls 3% on Friday, extending weekly drop to nearly 10% as AI rally cools

Nvidia stock falls 3% on Friday, extending weekly drop to nearly 10% as AI rally cools

The artificial intelligence boom hit a major speed bump on Friday as Nvidia stock (NASDAQ: NVDA) extended its brutal weekly losses. The chipmaker f...
Wall Street wobbles at open as big tech selloff, US shutdown weigh on sentiment

Wall Street wobbles at open as big tech selloff, US shutdown weigh on sentiment

Wall Street indices slipped on Friday as big tech names lost steam, dragging the broader market down. The S&P 500 fell about 0.5%, the Nasdaq dropp...
Bitcoin dips technical bear market territory signaling renewed strain on risk assets

Bitcoin dips technical bear market territory signaling renewed strain on risk assets

Bitcoin is flashing red signals that have spread right into the equity markets territory once again, a pattern that has led Wall Street to brace it...
Dow futures plunge 95 points on Friday: 5 things to know before Wall Street opens

Dow futures plunge 95 points on Friday: 5 things to know before Wall Street opens

Dow futures were down about 95 points, or 0.2%, on Friday, continuing the rough week for US markets, especially tech. The Dow’s been holding up a b...
Blackwell AI chips remain off-limits to China, Nvidia CEO confirms

Blackwell AI chips remain off-limits to China, Nvidia CEO confirms

Jensen Huang, the head of Nvidia, said he is not talking with any firms in China about selling the company’s new Blackwell AI chips.
SoftBank shares slide 8% as global AI stocks tumble

SoftBank shares slide 8% as global AI stocks tumble

SoftBank shares fell over 8% in Tokyo as global AI stocks declined.