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Microsoft stock is rising 3% on Wednesday: here's why

Microsoft MSFT stock rose about 3% on Wednesday as Wall Street analysts reaffirmed their bullish outlook on the software giant despite trimming…
Stock

Nasdaq rises as soft CPI eases Fed fears, IBM plunges over weak outlook

US stocks opened higher on Tuesday after softer-than-expected June inflation data reduced expectations of an immediate Federal Reserve rate hike.  Investors also…
Stock

Citigroup stock rises after reporting strong Q2 results driven by trading and growth

Citigroup beat Wall Street estimates for second-quarter profit after reporting its highest quarterly revenue in a decade, as strong trading activity and…
Stock

Apple stock falls after KeyBanc downgrade on slowing growth concerns

Apple AAPL stock fell around 1% on Tuesday after KeyBanc Capital Markets downgraded the iPhone maker, citing slowing hardware demand, weaker growth…
Stock

Bank of America Q2 earnings weren't without pockets of weakness

Bank of America (BAC) shares are extending gains on Tuesday morning after the investment firm came in handily above Street estimates for…
Stock

Arm stock falls 6% as HSBC cites foundry bottlenecks, cuts rating to Hold

Arm Holdings shares fell more than 6% on Tuesday after HSBC downgraded the chip designer to Hold, saying foundry capacity constraints are…
Stock

Will UnitedHealth stock crash after earnings? Charts flash warning signs

UnitedHealth Group stock has been in a strong rally this year as investors cheered its turnaround efforts and the Trump administration’s decision…
Stock

Apple's AI restraint boosts stock; analysts see foldable iPhone as next catalyst

Apple Inc. is emerging as an unlikely winner from Wall Street’s growing scepticism over artificial intelligence spending, with investors increasingly rotating into…
Stock

Trump proposes 20% cargo fee as US vows to police Strait of Hormuz

President Donald Trump said on Monday that the United States would reinstate its naval blockade of Iranian ships and charge a 20%…
Stock

Intel, AMD tumble as chip sell-off deepens: what if US-Iran conflict drags on?

US chip stocks are extending losses on July 13 as Washington and Tehran lock horns in a dangerous new phase of open…
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