Stock Market Today: Dow Futures Slip Before Powell Remarks, NIO Stock Drops

Text size Fed chair Jerome Powell will deliver remarks at a central bank summit. Olivier Douliery / AFP via Getty Images Stocks slipped on Wednesday ahead of a summit of top central bankers where investors will closely watch for clues about how high the Federal Reserve will raise interest rates. Futures for the Dow Jones … Read more

Micron Stock Slumps After Downgrade. Why the Analyst Fears the Consumer.

Text size Dreamstime Micron Technology stock was slumping in premarket trading Friday after the memory chip manufacturer received the first Sell-equivalent rating since February. Piper Sandler analyst Harsh Kumar downgraded Micron (ticker: MU ) to Underweight from Neutral on Friday, citing concerns over the company’s oversize exposure to consumer markets that will struggle amid macroeconomic … Read more

Qualcomm stock rallies more than 6% as handset sales drive record results, strong outlook

Qualcomm Inc. shares rallied in the extended session Wednesday after the chip maker’s record quarterly results and strong outlook blew past Wall Street estimates and the company assured analysts that demand continues to outstrip supply. Qualcomm QCOM, + 1.20% said it expects adjusted earnings of $ 2.75 to $ 2.95 a share in the third … Read more

Why is the stock market falling? Dow drops over 600 points as investors weigh Fed’s policy path, earnings

US stocks fell sharply Friday, extending losses as investors weighed up hawkish comments on interest rates by Federal Reserve Chairman Jerome Powell and a fresh batch of corporate earnings that largely disappointed. How are stocks trading? The Dow Jones Industrial Average DJIA, -1.54% was down 608 points, or 1.7%, at 34,186. The S&P 500 SPX, … Read more

Nvidia Stock Could Be in for Trouble. Evidence Is Piling Up.

Text size Nvidia is now the most valuable semiconductor company in the US Dreamstime Nvidia ‘s incredible winning streak may soon be coming to an end. The red-hot maker of graphics chips is facing headwinds that range from the aftereffects of pandemic-era spending to waning demand from gamers. And it could get far worse: A … Read more

Nvidia Stock Is Downgraded. China and Russia Are Headwinds.

Text size Dreamstime Nvidia shares were falling on Monday after the stock was downgraded by a Baird analyst, who cited concerns over slowing consumer demand exacerbated by the Russian embargo. Nvidia (ticker: NVDA ) stock was down for its fifth consecutive day on Monday, losing 5.4% to $ 218.61. The stock has lost 19.8% over … Read more