S&P 500, Nasdaq end up as Nvidia surge leads megacap higher
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- Wall Street ends up on Iran war peace deal hopes, SpaceX's historic debut
- SpaceX prices historic IPO at $135/share in largest ever new listing
- 'Ocean of opportunity': Wolfe initiates SpaceX at Buy ahead of historic IPO
- UBS cuts gold price forecasts on delayed Fed easing outlook
- Brent falls to lowest since March on expected peace deal
- NASDAQ adds five companies to NASDAQ-100 index in quarterly rebalance
- Adobe CFO Dan Durn to depart company in June 2026
- Oppenheimer Starts SpaceX (SPCX) at Outperform, PT $190, 'space infrastructure appears structurally advantaged'
- Pentagon reportedly locked down, hazmat teams responding
- Super Micro Computer establishes $1.25 billion stock sale agreement
BTIG's Krinsky sees 'meaningful downside risk for tech'
August 14, 2023 10:04 AM EDTBTIG analyst Jonathan Krinsky told investors in a note Monday that they see "meaningful downside risk for tech broadly over the coming weeks."
The analyst stated that while technology is up 35% this year, its medium-term momentum continues to roll over, with many key ETFs having broken significant volume-based... More
Goldman Sachs says elevated oil prices could push S&P 500 higher
August 14, 2023 6:53 AM EDTGoldman Sachs analysts led by David Kostin weighed in on the earnings season so far, highlighting that the S&P 500's earnings per share (EPS) for the second quarter experienced a 4% year-over-year (YoY) decline.
This decline is better than the initial expectations at the beginning of Q2 the earnings season,... More
