Friday's Big Stock Stories: What’s Likely to Move the Market in the Next Trading Session
SpaceX’s IPO opened at $135 and closed Thursday at $153, with analysts projecting a consensus target of $242.57 despite a wide valuation spread. CVS Health surged 45% over three months, trading near $104.66 and earning praise as the market’s top performer. The Magnificent Seven all slipped double‑digit percentages from recent peaks, dragging the Nasdaq down for a fourth day. Meanwhile, healthcare outperformed while tech lagged, and June consumer‑sentiment data is set to guide the next session.
Micron's up, but Nvidia, Alphabet, Meta, Microsoft, Apple, Tesla Are Looking Old and Tired
Micron’s stock surged after hitting fresh all‑time highs and delivering strong earnings and guidance, while its peers—Nvidia, Alphabet, Microsoft, Meta, Apple and Tesla—showed technical weakness. Nvidia fell below its 100‑day moving average, though it remains above the 200‑day line. Microsoft...
Yields Move Lower After Data Dump. Dollar Off Highs. Stocks Higher Led by Micron
U.S. personal consumption expenditures (PCE) inflation edged below expectations, nudging Treasury yields lower as the 2‑year fell to 4.106% and the 10‑year to 4.374%. The data boost lifted equity futures, with the Nasdaq up 676 points and the S&P 500...
Micron Kicks Off a Strong Opening for US Stocks
Micron posted earnings that beat expectations and lifted its guidance well above Wall Street forecasts, sending the stock soaring 18% and challenging last week’s all‑time high. The surprise boost helped lift the broader memory‑chip sector, which is benefiting from sustained...