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Exchange-Traded Funds Lower, US Equities Mixed After Midday Trading
Exchange-Traded Funds Lower, US Equities Mixed After Midday Trading
Jul 17, 2024
12:58 PM EDT, 07/17/2024 (MT Newswires) -- Broad Market Indicators Broad-market exchange-traded fund IWM and IVV were lower. Actively traded Invesco QQQ Trust (QQQ) fell 2.7%. US equity indexes were mixed after midday, with a sell-off in semiconductor names pushing the Nasdaq and S&P 500 lower. Energy iShares US Energy ETF (IYE) added 0.8% and Energy Select Sector SPDR (XLE)...
Top Midday Gainers
Top Midday Gainers
Jul 17, 2024
01:07 PM EDT, 07/17/2024 (MT Newswires) -- Aehr Test Systems ( AEHR ) said late Tuesday that it received orders valued at more than $12.7 million from one of its silicon carbide test and burn-in customers. Shares jumped nearly 20% as intraday trading volume advanced to more than 8.5 million from a daily average of about 1.04 million. Shimmick (...
Sector Update: Tech
Sector Update: Tech
Jul 17, 2024
01:39 PM EDT, 07/17/2024 (MT Newswires) -- Tech stocks were sharply lower Wednesday afternoon, with the Technology Select Sector SPDR Fund (XLK) slumping 3.5% and the SPDR S&P Semiconductor ETF (XSD) falling 4.3%. The Philadelphia Semiconductor Index tumbled 5.4%. In corporate news, semiconductor stocks were falling amid reports of tighter US restrictions on trade with China. Separately, ASML's ( ASML...
US STOCKS-Megacap tech, chip stock rout drags Nasdaq to two-week low; Dow outperforms
US STOCKS-Megacap tech, chip stock rout drags Nasdaq to two-week low; Dow outperforms
Jul 17, 2024
(For a Reuters live blog on U.S., UK and European stock markets, click or type LIVE/ in a news window.) * Chip stocks slump on China trade worries, tech sell-off * J&J up after beating estimates on strong drug sales * UnitedHealth Group ( UNH ) jumps to record high * Russell 2000 set to snap five-day winning streak *...
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AAR's Trax to Upgrade Delta TechOps' Maintenance, Engineering Systems
AAR's Trax to Upgrade Delta TechOps' Maintenance, Engineering Systems
Jun 5, 2025
11:10 AM EDT, 06/05/2025 (MT Newswires) -- AAR (AIR) said Thursday that its aviation maintenance software unit Trax was selected to upgrade Delta TechOps' maintenance and engineering systems. Financial terms were not disclosed. AAR said Delta TechOps will replace its legacy systems with Trax's eMRO and eMobility platforms. Price: 65.20, Change: -0.10, Percent Change: -0.15 ...
Japan's ispace tries lunar touchdown again with Resilience lander
Japan's ispace tries lunar touchdown again with Resilience lander
Jun 5, 2025
TOKYO, June 6 (Reuters) - Japanese company ispace is set to try the lunar touchdown of its uncrewed spacecraft again on Friday two years after its failed inaugural mission, in a bid to become the first company outside the United States to achieve a moon landing. Tokyo-based ispace hopes to join U.S. firms Intuitive Machines ( LUNR ) and Firefly...
Parker-Hannifin Is More 'Secular' After Boosting Aerospace Business, Exposure to Longer-Cycle Markets, Morgan Stanley Says
Parker-Hannifin Is More 'Secular' After Boosting Aerospace Business, Exposure to Longer-Cycle Markets, Morgan Stanley Says
Jun 5, 2025
11:10 AM EDT, 06/05/2025 (MT Newswires) -- Parker-Hannifin ( PH ) has gained firmer through-cycle resiliency by boosting its aerospace business size and raising exposure to longer-cycle industrial markets via acquisitions, Morgan Stanley said Thursday in an initiation note. The company, which, according to the investment firm has transformed into a more secular business, provides motion and control technologies to...
Coursera Faces Growth Challenges Amid Fading Enterprise Trends, Morgan Stanley Says
Coursera Faces Growth Challenges Amid Fading Enterprise Trends, Morgan Stanley Says
Jun 5, 2025
11:05 AM EDT, 06/05/2025 (MT Newswires) -- Coursera ( COUR ) faces growth uncertainty amid enterprise segment challenges and modest margin expansion, Morgan Stanley said in a Thursday research report. The company's slump in web traffic growth and fading enterprise trends present roadblocks to its growth roadmap, but these factors are already priced into shares, according to the research note....
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Terraform Labs Secures Court Approval to Wind Down Operations
Terraform Labs Secures Court Approval to Wind Down Operations
Sep 21, 2024
Terraform Labs, the company behind TerraUSD (UST) and Luna, has secured court approval to wind down operations in bankruptcy after settling with the United States Securities and Exchange Commission (SEC). According to a Reuters report, the wind-down plan was approved by US Bankruptcy Judge Brendan Shannon, who called it a welcome alternative to further litigation over investors losses. The approval...
BTC Price Retraces to $63K, WIF Dumps by 10% Daily (Market Watch)
BTC Price Retraces to $63K, WIF Dumps by 10% Daily (Market Watch)
Sep 21, 2024
Bitcoins price run after the Feds rate cut was halted at $64,000 and the asset was pushed down by around a grand. The altcoins are also in the red on a daily scale, with the biggest corrections coming from the likes of TON, AVAX, and NEAR from the larger caps. BTC Down to $63K Bitcoin started the business week with...
Top Shiba Inu Recent Price Predictions, How High Can SHIB Go?
Top Shiba Inu Recent Price Predictions, How High Can SHIB Go?
Sep 21, 2024
TL;DR Shiba Inu (SHIB) recently hit a three-week high, with some analysts predicting a potential massive bull run, though highly ambitious price targets seem unlikely. Rising social engagement and positive sentiment on platforms like LunarCrush suggest the meme coin may see further gains in the near future. Is SHIB Ready for New Glory Days? The second-biggest meme coin in terms...
High Levels of FOMO Hint at Bitcoin Rally Halt After BTC’s Surge Above $64K
High Levels of FOMO Hint at Bitcoin Rally Halt After BTC’s Surge Above $64K
Sep 21, 2024
The past ten days or so went quite positively for bitcoin as the asset added almost ten grand within this timeframe, mostly fueled by the US Federal Reserves decision to reduce the key interest rates. However, certain social metrics suggest that the cryptocurrencys run could be over, at least in the short term. FOMO to Halt BTCs Uptrend? It was...
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