Oil Spikes 7%, Nasdaq 100 Sinks Before Fed: Stock Market Today

Shares of data center infrastructure-related companies are trading lower as concerns mount about highly leveraged customers' credit health, which may weigh on expectations for demand, backlogs and margins across the sector.

Oppenheimer Maintains Outperform on AAON, Lowers Price Target to $115

Oppenheimer analyst Noah Kaye maintains AAON (NASDAQ:AAON) with a Outperform and lowers the price target from $125 to $115.

Comparative Study: Automatic Data Processing And Industry Competitors In Professional Services Industry

In the dynamic and fiercely competitive business environment, conducting a thorough analysis of companies is crucial for investors and industry enthusiasts. In this article, we will perform an extensive industry

Insights Into Automatic Data Processing's Performance Versus Peers In Professional Services Sector

In the dynamic and cutthroat world of business, conducting thorough company analysis is essential for investors and industry experts. In this article, we will undertake a comprehensive industry comparison, evaluating

Chip Stocks Endure Longest Losing Streak Since 2006 as CoreWeave Credit Concerns Mount: This Week on Wall Street

The iShares Semiconductor ETF is on a nine-session losing run unseen since May 2006, as the KOSPI posts its worst week since 2008, optical names suffer dot-com-era drops and Bank of America sees a Cisco echo.

Shares of semiconductor and chip companies are trading lower as rising inflation concerns and elevated energy prices fuel expectations for further Fed rate hikes. Elevated borrowing costs could pressure semiconductor manufacturing and AI infrastructure investments while straining customer budgets. The Philadelphia Semiconductor Index (SOX) has declined for seven consecutive trading sessions, matching its longest losing streak since the 2008 financial crisis.