Nasdaq 100 Flirts with Records, Oil Sinks for Fifth Day: Stock Market Today
Nasdaq 100 printed an intraday record on AI enthusiasm while financials slid nearly 2% and crude fell for a fifth straight session.
Stocks · News reference
This Okta Analyst Turns Bullish; Here Are Top 3 Upgrades For Monday
Top Wall Street analysts changed their outlook on top stocks. See analyst ratings and price targets for PMT, ALAB.
Reference Details
Connected Markets
Poisar stores the source's headline, summary and market tags for reference. Reporting and full article text remain with the original publisher.
- Source
- benzinga
- Observed
- Checked
- Cadence
- Captured once, then retained as an archive reference
- Status
- fresh
Keep reading
Related Headlines
Tech Stocks Break Out: The Next Leg of the Bull Market
After four and a half months of consolidation, technology stocks are breaking out to the upside, led by semiconductor and AI-related companies. Despite concerns about AI safety and higher interest rates, the underlying economics of AI infrastructure investment remain strong, with demand for computing power continuing to expand beyond GPUs to CPUs, memory, and networking equipment. Bitcoin's rally signals returning risk appetite among investors.
Shares of semiconductor companies are trading higher amid overall market strength and easing inflation concerns as investors return to AI-related companies.
Shares of chip companies are trading higher amid overall market strength, falling yields and declining oil prices. The industry may be boosted by recent talks between Intel and SK Hynix regarding U.S. chip manufacturing.
Shares of fintech and financial services companies are trading lower amid elevated bond yields and Fed interest rate expectations, which may dampen enthusiasm for the growth-oriented sector.
Dave Outperforms Visa And Chime, Analyst Says
JPMorgan starts Dave at Overweight with a $480 target, citing 25%+ growth, ~45% margins, a lean model and strong liquidity-product demand.