wall street

The semiconductor giant, Nvidia (NASDAQ: NVDA) shares have experienced an enormous rebound in 2023. The stock skyrocketed almost 150% in 2023. The company's market cap is now $950 billion, making it the sixth most valuable company in the world. The chipmaker stock extended the rally after the...

A busy North American session ahead for global markets, all eyes are mainly on the outcome of US debt ceiling negotiations. The new round of debt ceiling negotiations resumes on Tuesday between US President Joe Biden and Congressional Leaders. The meeting has been scheduled for 3 p.m. ET on...

The global markets waiting for the critical US inflation report today for more confirmation on whether we are on a path of slowing inflation and insight into the possible path of monetary policy by the U.S. central bank. The forecast is the annual inflation rate in the US is expected to remain...

Shares of Canadian multinational e-commerce giant Shopify (NYSE: SHOP) surged more than 25% last week after the company earnings and revenue for the first quarter topped analyst estimates. Shopify smashed revenue expectations with $1.51 billion in revenue–up 25% from last year and profits per...

Shares of Digital lodging platform Airbnb (NASDAQ: ABNB) gained about 35% this year. On Monday, the stock extends its recent rebound and closed almost 5% higher ahead of the earnings results. Airbnb is scheduled to report its Q1 financial results on Tuesday, May 09, after the market closes. The...

Uber stock exploded more than 14% this week after the US ride-sharing giant beat Wall Street's consensus estimates for both first-quarter earnings and revenue, as well as on the company's higher gross bookings. The company posted revenue of $8.8 billion for the quarter ending in March, a 29%...

The e-commerce leader Amazon (NASDAQ: AMZN) stock hits a fresh 3-month high of $109.25 on Monday. Amazon shares have increased almost 15% in the last 6 weeks. Amazon is the largest e-commerce company in the United States and the largest cloud computing service provider globally. Amazon is set...

Shares of the Facebook parent Meta Platforms (NASDAQ: META) gained more than 2% in Tuesday's after-hours session after the two American tech giants Microsoft and Alphabet posted better-than-expected earnings results. Facebook is the largest social network in the world, with nearly 3 billion...

The bears are taking a walk on Wall Street. During the last few trading sessions, the US stock futures struggled to extend the upside momentum amid concerns over slower economic growth. Meantime, the Beige Book survey published on Wednesday showed the US economy stalled in recent weeks as hiring...

US stocks gained momentum after the latest US CPI report showed that the headline inflation is cooling faster than expected. Inflation in the US fell to an annual 5% in March from 6% in February. Now all eyes are on big Bank's earnings results. Investors and traders across the globe anxiously...

Shares of one of the world’s largest semiconductor chip manufacturers, Micron Technology (NASDAQ: MU) traded with a bid tone for the entire last week, the stock gained almost 9% last week. Micron Technology was founded in 1978 as a joint venture between Intel Corporation and Advanced Memory...

Social media stocks have been on the rise in the stock market over the past 3 trading sessions including Meta, Alphabet, Snap and Pinterest after Senate Democrats and Republicans introduced a bill that would give the administration new powers to ban Chinese apps that pose security threats...

Shares of the streaming television pioneer, Roku (NASDAQ: ROKU) retreats back to nearly $60 last week, but again the stock found new buyers near the $60 area and rebounded back to above $65. Therefore, the long-term price action of the trend continues to show signs that the stock is still, and...

Stocks on Wall Street ended slightly higher, gaining early in the day as investors cheered positive comments from Atlanta Fed President Raphael Bostic and the markets received additional buying pressure on better-than-expected quarterly earnings results from Okra, Dell and Macy’s. Bostic...

Shares of the video-conferencing software company Zoom Video Communications (NASDAQ: ZM) surged more than 8% to $80 in after-hours trading on Monday following the company released better-than-expected fourth quarter (Q4) financial results. The company registered over 100,000 enterprise...

Shares of Premier League club Manchester United (NYSE: MANU) now correcting after surging more than 30% since the start of 2023. The stock dropped almost 13% on Tuesday after the Glazer family have been offered the financial backing to remain as United's owners by American hedge fund Elliott...

The American software company Palantir Technologies (NYSE: PLTR) reported an upside surprise to their Q4 results after the bell last night. In response, the stock jumped almost 20% in the extended trading session on Monday after the firm projects profitability in 2023 boost for investors and...

Stock markets have largely fallen in 2022 while the stocks started this year on a positive note in hopes that cooling inflation may allow the Fed to take it easier on rates. However, markets still face a lot of headwinds like rising interest rates and an impending recession, especially after a...

Shares of the home furnishings and décor e-tailer Wayfair (NYSE: W) retreats almost 10% after the stock spiked more than 50% from the last Thursday’s closing. The stock dropped another 4% in midday U.S. trading Wednesday While the stock regained some of its vitality before the end of the day...

Shares of the tech pioneer Microsoft (NASDAQ: MSFT) post modest gains last week despite the announced layoffs of 10,000 workers. Microsoft is scheduled to report its Q4 earnings on Tuesday, January 24, after the market closes. The company is expected to post quarterly earnings of $2.31 per share...