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2 mins read
Stock market today: Tech drags indexes lower, small-caps soar after inflation data boosts rate-cut bets
Investors took cooler June CPI as a sign to rotate out of some of the most richly valued names in t…
Max Adams
2 mins read
Stock market today: Nasdaq hits record ahead of new inflation data
From housing data to GDP to the Fed's favorite inflation gauge, the post-holiday week will contain …
Max Adams
2 mins read
Stock market today: Indexes pop after Nvidia's blowout earnings report
Nvidia cleared a high bar, impressing investors with a big earnings beat and announcing a 10-for-1 …
Max Adams
3 mins read
Market mayhem has calmed down. Here's what went down — and why more chaos may be coming.
Fresh fears of a recession, a Japanese interest-rate hike, and declining asset valuations rattled i…
Theron Mohamed
5 mins read
Apple's event will serve as a litmus test for the wider AI industry
Apple's "Glowtime" event is kicking off today. The tech giant will unveil its newest iPhone, alongs…
Dan DeFrancesco
5 mins read
It's a make-or-break week for the stock market. Here's why.
In today's big story, we're looking at why this is such a big week for the stock market.
Dan DeFrancesco
2 mins read
A jazz critic missed out on a $6 million fortune by selling his Apple stock for about 1/700 of its value today
Ted Gioia, a management consultant turned music historian, sold Apple shares about 25 years ago tha…
Theron Mohamed
2 mins read
The SPAC-bubble collapse triggered a surge in the number of penny stocks. That's not great news for the market.
There are now hundreds of US-listed stocks trading below a dollar. It's creating market inefficienc…
Filip De Mott
2 mins read
Warren Buffett's company missed out on a roughly $1.5 billion gain by dumping Costco stock in 2020
Warren Buffett's Berkshire Hathaway sold a Costco stake worth $3 billion today for as little as $1.…
Theron Mohamed
1 min read
Nvidia jumps past Microsoft to become the world's most valuable company
Nvidia stock jumped Tuesday amid continued bullishness for the chipmaker even after its 173% rally …
Matthew Fox
2 mins read
Tesla climbs 7% on plan to seek shareholder approval to split its stock
Tesla last split its stock in August 2020 and will seek shareholder approval for another stock spli…
Carla Mozée
2 mins read
Alphabet's 20-for-1 stock split could entice other companies to do the same and draw fresh inflows into the stock market this year, Bank of America says
S&P 500 stocks with share prices above $500 represent $6.6 trillion in market value, or about 17% o…
Matthew Fox
2 mins read
Broadcom is the next stock that could enter the trillion-dollar club, according to Bank of America
Broadcom surged on Thursday after posting estimate-beating revenue and announcing a stock split. Sh…
Filip De Mott
2 mins read
The Dow could be on the verge of a big shakeup following stock splits from Amazon and Alphabet
"All these big tech companies are going to find their way into the Dow because eventually they will…
Matthew Fox
1 min read
GameStop jumps as the meme-stock favorite announces a 4-for-1 stock split
In March, the company indicated plans to split its stock, suggesting the move would afford "flexibi…
Phil Rosen
2 mins read
Affirm sinks after Apple announces its own buy-now-pay-later option at WWDC event
Apple Pay Later is fully integrated into Apple's digital wallet and allows its users to pay back an…
Matthew Fox
3 mins read
The era of the Magnificent 7 is over, says the analyst who invented the term
"This big rising tide of seven names lifting all boats in the stock market is what I see ending. I …
Aruni Soni
3 mins read
The era of the Magnificent 7 is over, says the analyst who invented the term
"This big rising tide of seven names lifting all boats in the stock market is what I see ending. I …
Aruni Soni
2 mins read
Google parent Alphabet soars 8% after its blowout Q4 earnings beat and plans 20-for-1 stock split
Small investors, who sometimes flinch over the high share prices for mega-cap techs, are likely to …
Shalini Nagarajan
2 mins read
Apple just split its stock. Here's how shares have performed one year after its previous stock splits.
If Apple had never split its stock, shares would have been trading at $27,957.44 as of Friday's clo…