Apple surging towards all-time highs, Intel beats and this tech stock left for dead is surging back
Today's Trending tickers include Apple, Intel and another tech stock left for dead that is surging back.
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Why Nvidia Stock Plunged 10% Today
Super Micro Computer's lack of a preliminary earnings report led to a bloodbath in the sector.
Motley Fool•The Headache at the End of the Costco Gold Rush
Costco made buying a gold bar as simple as tossing it in a shopping cart. Adam Xi, 33 years old, called five different dealers to get a price he could accept for the gold bar he bought at Costco in October. Costco shoppers are spending as much as $200 million monthly on gold, according to a Wells Fargo estimate.
The Wall Street Journal•Don't buy the dip in stocks just yet as a wave of selling is about to bring the market to a bottom, according to one of the biggest bulls on Wall Street
The S&P 500 could bottom out in the next month, according to Fundstrat's head of research Tom Lee.
Business Insider•Forget Nvidia and Intel: This Stock Could Be the Biggest Winner of Their New Chip Launches
This company has been around for decades, but the recent AI boom has supercharged growth.
Motley Fool•Super Micro Stock Plunges 23% On Lack Of Preliminary Results. It's A Big Sell Signal.
Super Micro stock fell hard after the data-center computer specialist didn't announce preliminary results for its fiscal Q3.
Investor's Business Daily•California loses 2 more property insurers in growing crisis
Two more property insurance companies are pulling out of California, leaving more homeowners in the state facing loss of coverage and surging premiums as insurers flee.
Fox Business•Why Semiconductor Stocks Were Smacked Down Today
The high-flying sector caught a bit of gloom at the end of the week due to several discouraging developments.
Motley Fool•Prepare for bitcoin to fall after the long-awaited halving, JPMorgan says
"We do not expect bitcoin price increases post halving as it has been already priced in," JPMorgan says, adding that they see a downturn ahead.
Business Insider•China slaps anti-dumping levy on import of a US chemical amid rising trade tensions
China on Friday slapped a levy on imports of an acid from the United States widely used in food, feed, pesticides and medical fields, amid heightened tensions with Washington over bilateral trade. From Saturday, imports of propionic acid from the United States will be subject to a levy of 43.5%, the Ministry Of Commerce said in a statement, after a July investigation found the Chinese domestic propionic acid industry was "materially damaged."
Reuters•Hungarian Group Inaugurates Green Hydrogen Production Project
A Hungarian company that operates refineries and petrochemical plants, and runs service stations across Central and Eastern Europe, said it is set to begin commercial operation of a 10-MW green […]
POWER Magazine•