What happened: Semiconductor stocks rose on Thursday. Qualcomm (QCOM) rose 9% in pre-market trading, while peers Broadcom (AVGO), Intel (INTC), and AMD (AMD) also rose higher. What’s behind the measure: Big tech earnings from companies like Meta Platforms (META) and Microsoft (MSFT) showed that hyperscalers plan to increase their capital expenditures on AI infrastructure. Wall…
The US stock market faced contrasting forces as concerns about China’s economic performance collided with strong US retail sales. As Wall Street opened for business, investors witnessed a drop in stock values ​​driven by fears about China’s economy, while cheering encouraging retail sales numbers that reflected the steady strength of the U.S. consumer sector. US…
The opening of today’s session on Wall Street marked a cautious stance among investors. After a long weekend, market participants were greeted with new data, pointing to ongoing challenges in China’s economic recovery. These developments have raised questions about the global economic outlook, which has influenced market sentiment. Stock Market Performance The S&P…
Zoom Video Communications witnessed a notable rally in its stock value, with shares soaring nearly 13% in pre-market trading. This increase comes on the heels of the company’s impressive financial results and the unveiling of a major buyback program totaling $1.5 billion. Based in California, shares of Zoom Video reached $71.10 during pre-market trading, marking…
