Microsoft’s quality rating reached a new high this week, even as the stock’s price momentum remains weak.At the same time, the company is moving to secure major artificial intelligence infrastructure in Abilene, Texas, as part…
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Investing
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US stocks closed red on Friday, despite showing some recovery and optimism after the opening bell.The benchmark S&P 500 index slipped 0.61%, leaving it about 5% below its most recent peak.Meanwhile, the Nasdaq Composite fell…
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BigBear.ai Holdings (NYSE: BBAI) stock plunged nearly 3% on Friday and is trading around $3.95 at press time.The stock sliced through its intraday support at $4.00, on blistering volume that dwarfed its three-month average by…
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Ulta Beauty (NASDAQ: ULTA) is being punished this morning after the cosmetics retailer posted a profit miss and issued “conservative” guidance for the full year.Investors bailed on ULTA also because its operating margin contracted by…
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Advanced Micro Devices (NASDAQ: AMD) plunged by nearly 2% in Friday afternoon trading, extending a shaky stretch for semiconductor names amid a cautious sentiment.Even though the broader indices remained steady today, the investors are weighing…
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Tesla stock (NASDAQ: TSLA) is trading 0.5% down on Friday amid broader volatility in equities owing to the uncertainties around the US-Iran conflict.But the weakness in Tesla stock came as investors weighed developments that could…
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The S&P 500 Index remains under pressure this week, continuing a slow downtrend that started in January when it peaked at a record high of $7,000. It has retreated by over 4.8% and is now…
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Rivian stock price is stuck in a technical bear market after falling from last December’s high of $22.7 to the current $15.20. It retreated after the company shared details of the upcoming R2 vehicle, with…
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The US-Iran conflict has entered its 14th day on Friday, March 13th, and with no clear end in sight, the investors have started hunting for hedges to recover their losses.Currently, no strategy seems to be…
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The Pacer US Cash Cows ETF (COWZ) has pulled back in this month, erasing some of the gains made earlier this year. It dropped to $62.45 on Thursday, down slightly from the year-to-date high of…