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Micron claws its way back to positive territory after deep sell-off

Micron Technology (MU) stock recovered back to positive territory by the close on Monday after selling off as much as 9.6% in the first hour of the morning session.

Supermicro Taiwan offices raided in chip smuggling probe

Server maker’s shares fell about 8% after news of the investigation

US Equity Markets End Higher Amid Pause in US-Iran Hostilities

US equity indexes were higher on Monday after the US and Iran paused hostilities, followed by gains

Forex Today: US Dollar eases ahead of US jobs data, ECB Forum and China PMIs

The US Dollar Index (DXY) lost some momentum on Monday, trading near 101.10 but remaining close to recent highs, as investors took profits ahead of key US labor market data later in the week.

Tesla Stock Rises as Musk’s EV Maker Deepens Ties With SpaceX

FEATURE After a tough week, Tesla stock rose on Monday. Tweets from CEO Elon Musk might have helped. Shares of the electric-vehicle maker gained 8.2%, closing at $411.84, more than wiping out last w ...

Dow Finally Tops 52,000 With Some Help From Its Newest Member

The Dow finally closed above the 52,000 the same day its newest member joined a rally in Big Tech and chip stocks. Alphabet, which replaced Verizon in the Dow this week, led the index. “This month h ...

Japanese Yen: Dollar strength threatens APAC FX – BNY

BNY’s Geoff Yu highlights renewed US Dollar (USD) strength as a growing headwind for APAC (Asia-Pacific) currencies, with USD/JPY identified as the pivotal pair.

Update: Strong Gains in Communication Services, Consumer Discretionary Lift US Equity Indexes; Crude Oil Heads Higher

(Updates with index/price moves and geopolitical news from the first paragraph.) US equity indexe

Semiconductor stocks are surging while the ‘Magnificent Seven’ is struggling. This divergence of fortunes could be bad news for the market.

Semiconductor stocks have surged more than 80% this year, riding a wave of AI demand from the “Magnificent Seven.” Meanwhile, the companies writing those checks find themselves in correction territory ...

ADNOC,  Eni Acquire Stakes In Gas Blocks Linked To Argentina’s LNG Project

Abu Dhabi’s XRG, the international investment arm of the Abu Dhabi National Oil Company (ADNOC), and Italy’s Eni S.p.A. (NYSE:E) have officially signed agreements to acquire minority stakes in three u ...

Delek US, PBF Energy surge as TD Cowen upgrades both refiners

Wayve is setting itself up to be an autonomy software standout