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$1 trillion wipeout: Market rout punishes megacap tech

Traders work on the floor of the New York Stock Exchange during morning trading on July 31, 2024.Michael M. Santiago | Getty ImagesAs U.S....

Stocks making the biggest moves premarket: Nvidia, Apple, Kellanova and more

Check out the companies making headlines before the bell: Chip stocks — Nvidia shares fell roughly 12.5% in premarket trading as the artificial intelligence...

Intel shares plunge 22.6% in premarket trading, Nvidia down 4.4% as global chip stocks fall

Pat Gelsinger, chief executive officer of Intel Corp., speaks during the Computex conference in Taipei, Taiwan, on Monday, June 4, 2024. Gelsinger took the stage...

Apple sales rise 5%, topping estimates as iPad and Services revenues jump

Apple CEO Tim Cook attends the annual developer conference event at the company's headquarters in Cupertino, California, U.S., June 10, 2024.Carlos Barria | ReutersApple...

Meta’s advertising growth is proof that hefty AI spending is already paying off

Mark Zuckerberg, chief executive officer of Meta Platforms Inc., during an interview on "The Circuit with Emily Chang" at Meta headquarters in Menlo Park,...

Jim Cramer’s top 10 things to watch in the stock market Wednesday

My top 10 things to watch on Wednesday, July 31 1. Wall Street was tracking for a higher open, with Nasdaq looking especially strong...

TSMC Sales Surge Past Expectations on AI Infrastructure Demand

(Bloomberg) -- Taiwan Semiconductor Manufacturing Co.’s second-quarter sales were buoyed by the AI boom that’s fueling data center investment worldwide.Most Read from BloombergThe sole...

Wall Street kicks off the second half of 2024 with key jobs report in the week ahead

Stocks have a lot to live up to in the second half of the year. At the halfway point of 2024, the major benchmarks...

Stocks making the biggest moves before the bell: Nvidia, Ferrari, Planet Fitness, Cinemark and more

Check out the companies making headlines in premarket trading. ResMed , Eli Lilly — ResMed tumbled 11.8% following a news release from last Friday...

S&P 500 levels to watch if troubling chart patterns in Nvidia and other tech mean a sell-off is near

Some concerning candle patterns for leading technology names have caused me to focus on potential downside targets for the S & P 500 ....

Global Stock Rally Falters Ahead of US Jobs Data: Markets Wrap

(Bloomberg) -- A global equity rally faltered ahead of crucial US jobs data that could cement bets on when the Federal Reserve can start...

Intel wants to build ‘everybody’s AI chips,’ CEO says, as company plays catch-up with rivals

Intel wants to regain its position as the world's leading chipmaker, CEO Pat Gelsinger said, after being overtaken by rivals TSMC and Samsung in...

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