Explore

TheStreet TheStreet
Cathie Wood buys $8.7 million of tumbling semiconductor stock

Cathie Wood buys $8.7 million of tumbling semiconductor stock

Cathie Wood, head of Ark Investment Management, often trades during earnings season and views a post-earnings dip as a buying opportunity. That’s what she just did, adding shares of a megacap chipmaker after the stock sank roughly 20% in the two trading sessions following earnings. In 2025, the ...
TheStreet TheStreet
Citi quietly resets S&P 500 price target for the rest of 2026

Citi quietly resets S&P 500 price target for the rest of 2026

Wall Street spent the bulk of 2026 figuring out whether the stock market has come too far, too fast. However, according to TheFly, Citi analysts are looking past the immediate damage as they revamp their S&P 500 target. They make the case that something far more durable may be taking shape, ...
Reuters Reuters
South Korea's KOSPI craters nearly 9% as Fed fears hammer tech stocks

South Korea's KOSPI craters nearly 9% as Fed fears hammer tech stocks

By Jihoon Lee and Yena Park SEOUL, June 8 (Reuters) - South Korea's stock benchmark plunged nearly 9% on Monday, tripping circuit breakers, after robust U.S. jobs data lifted bets on a Federal Reserve rate hike and unleashed a selloff in the tech‑heavy market that had powered the broader AI rally.
Trendline Trendline
Tech Stocks Plunge Amid Fears of Federal Reserve Rate Hikes and AI Boom Concerns

Tech Stocks Plunge Amid Fears of Federal Reserve Rate Hikes and AI Boom Concerns

Tech Stocks Plunge Amid Fears of Federal Reserve Rate Hikes and AI Boom Concerns
TheStreet TheStreet
S&P 500's worst day since October has a major asterisk

S&P 500's worst day since October has a major asterisk

Friday, June 5, handed S&P 500 investors their roughest session in eight months. A stronger-than-expected jobs report landed before the open. Bond yields jumped, and the chip and tech names that carried the market to record highs all year suddenly led it lower. By the close, the S&P 500 ...
TheStreet TheStreet
Goldman Sachs delivers clear message to stock market investors

Goldman Sachs delivers clear message to stock market investors

Investors spent the better part of this year waiting for the stock market to finally crack in a big way. Naturally, every pullback then feels a lot bigger than it actually is. However, in a recent Bloomberg interview, Goldman Sachs' John Flood said he isn't ready to call the latest dip a warning ...
TheStreet TheStreet
Stop chasing AI - here’s where to invest right now

Stop chasing AI - here’s where to invest right now

Transcript:Caroline WoodsJoining me now is Sonali Basak, chief investment strategist at ICapital Sonali. Great to have you back. So good to have you. Sonali BasakYeah, it's good to be here. Thanks for having me today. Caroline WoodsWell happy Friday. The S&P 500 only about you know, it's down ...
Reuters Reuters
Hot jobs report, rising rates send Wall Street's tech favorites sprawling

Hot jobs report, rising rates send Wall Street's tech favorites sprawling

NEW YORK, June 5 (Reuters) - Wall Street's best run in three years ended unhappily on Friday, with investors taking flight from hot technology shares, safe government bonds and gold alike following a strong May jobs report that reignited fears that U.S. interest rates may be rising again by year end
Trendline Trendline
Wall Street Indices Plunge Amid Tech Sell-Off and Rate Hike Concerns

Wall Street Indices Plunge Amid Tech Sell-Off and Rate Hike Concerns

Wall Street Indices Plunge Amid Tech Sell-Off and Rate Hike Concerns
Trendline Trendline
U.S. Chipmakers Lose Over $1 Trillion in Market Value Amid Broadcom Report and Interest Rate Concerns

U.S. Chipmakers Lose Over $1 Trillion in Market Value Amid Broadcom Report and Interest Rate Concerns

U.S. Chipmakers Lose Over $1 Trillion in Market Value Amid Broadcom Report and Interest Rate Concerns
Trendline Trendline
Wall Street Reacts to Strong Jobs Report with Market Decline

Wall Street Reacts to Strong Jobs Report with Market Decline

Wall Street Reacts to Strong Jobs Report with Market Decline
Trendline Trendline
Strong U.S. Jobs Report Dampens Market Hopes for Interest Rate Cuts

Strong U.S. Jobs Report Dampens Market Hopes for Interest Rate Cuts

Strong U.S. Jobs Report Dampens Market Hopes for Interest Rate Cuts