01:34 PM EDT, 04/22/2024 (MT Newswires) -- Health care stocks rose Monday afternoon with the NYSE Health Care Index and the Health Care Select Sector SPDR Fund (XLV) each adding 0.8%. The iShares Biotechnology ETF (IBB) climbed 1.5%. In corporate news, Cardinal Health ( CAH ) said it will not renew its pharmaceutical distribution contracts with OptumRx, which will expire...

Last Thursday, the world's largest producer of advanced processors issued its first quarter results and they were even better than expected as AI demand continues to go strong. Taiwan Semiconductor Manufacturing Company Limited ( TSM ) , whose customers include the AI chip leader, NVIDIA Corporation ( NVDA ) as well as the tech titan Apple Inc ( AAPL ) , expects...

Whales with a lot of money to spend have taken a noticeably bearish stance on SoFi Techs. Looking at options history for SoFi Techs we detected 11 trades. If we consider the specifics of each trade, it is accurate to state that 36% of the investors opened trades with bullish expectations and 63% with bearish. From the overall spotted trades,...

01:31 PM EDT, 04/22/2024 (MT Newswires) -- US benchmark stock indexes rose before a busy week for earnings, and gold slumped after midday Monday as Middle East concerns eased. The S&P 500 climbed 0.7% to 5,002.6 with the Nasdaq Composite up 0.9% to 15,424.7 and the Dow Jones Industrial Average 0.7% higher at 38,246.6. Financials and technology led the gainers,...