U.S. stock markets closed sharply higher on Friday as declining oil prices and moderate inflation data eased investor concerns about further rate hikes. The Dow Jones, S&P 500, and Nasdaq all gained around 1%, with technology and consumer discretionary stocks leading the rally. Tech stocks HPE and Dell surged over 12%...
U.S. stock markets rose on Thursday as Treasury yields declined globally, easing Fed rate hike concerns. The Dow Jones gained 1.2%, Nasdaq Composite advanced 1.4%, and S&P 500 rose 1.1%. Strong earnings from Snowflake and Hewlett Packard Enterprise drove gains, though economic data showed mixed signals with initial...
Market-cap-weighted sector ETFs lack true diversification, with just three stocks dominating most funds. Consumer Discretionary (XLY) is the most concentrated at 44.7%, followed by Communication Services (XLC) at 43% and Energy (XLE) at 42.1%. The article suggests equal-weighted ETFs as an alternative to avoid...
AT&T announced a $19 billion investment plan to expand fiber and wireless networks across California through 2030, bringing total state investment to $35 billion over the decade. The company also launched 'Build-A-Plan,' a customizable wireless service starting at $15/month, and reaffirmed its 2026-2028 guidance with...
AT&T, Verizon, and T-Mobile have agreed to collaborate on reducing wireless dead zones across the U.S. through pooled spectrum resources and joint investments in satellite-enabled direct-to-device technology. The partnership aims to improve coverage in rural and underserved areas. However, AT&T's stock is currently...
Netflix beat Q1 revenue and earnings estimates but provided softer Q2 guidance. The company plans to roll out a vertical video feed on mobile later this month to boost user engagement with shorter-form content. JPMorgan maintains an 'Overweight' rating with a $118 price target, citing strong global scale with 325+...
AT&T and Citigroup launched enhanced benefits for the AT&T Points Plus Card, allowing customers to save on bills and earn rewards with no annual fee. AT&T also announced a $2 billion investment to upgrade emergency communications infrastructure through FirstNet, cutting costs by $1 billion to accelerate 5G deployment....
Charter Communications announced the launch of its Spectrum TV App on Google TV and Android TV OS devices, expanding its streaming capabilities. The stock is trading near its 52-week high with bullish short-term momentum, though it remains 4.3% below its 200-day moving average. Charter is set to report earnings on...
AT&T shares rose 3.22% on Thursday, outperforming the Communication Services sector amid a broader market rally. The stock gained support from recent announcements including a $2 billion investment in emergency network infrastructure and the launch of OneConnect, a bundled wireless and home internet subscription...
NVIDIA's GTC AI Conference (March 16-19) is a critical moment for the stock and broader market. NVDA is precariously positioned near its 200-day moving average after a 15% crash from its $203 post-earnings peak. The stock's performance during CEO Jensen Huang's keynote could determine whether the S&P 500 breaks out to...
Spotify posted record Q4 earnings with €4.53B revenue (13% growth), 38M new monthly active users, and 75% EPS beat. The stock surged 16% to $482 but remains 40% below its June 2025 peak. All major Wall Street banks maintain price targets above $625, implying 50%+ upside potential. The company is expanding margins,...
The S&P 500 Communication Services sector has rallied 184% over three years, surpassing the 2000 Dot-Com Bubble's previous record of 155%. Meta and Alphabet have led the charge with returns of 588% and 259% respectively since 2022 lows. The sector index now trades 39% above its March 2000 peak, marking an unprecedented...
Wall Street analysts heavily upgraded technology and communication sector stocks in 2025. The three most upgraded stocks were Snowflake (110 upgrades, +42% return), CrowdStrike (114 upgrades, +37% return), and Alphabet/Google (120 upgrades, +66% return). All three stocks have positive price target implications for...
The S&P 500 is expected to deliver resilient but moderated returns in 2026, supported by continued AI spending, potential Fed rate cuts, and productivity gains. However, headwinds include a 16+ year bull market, PE expansion for three consecutive years, and slowing job growth. The outlook suggests modest single-digit...
ESPN will acquire NFL Network, RedZone, and Fantasy assets in a strategic media exchange, with the NFL receiving a 10% equity stake in ESPN as part of the deal.
Stocks surge as Iran signals de-escalation in tensions with Israel, easing geopolitical concerns. The S&P 500 and Nasdaq 100 post strong gains, with tech and consumer sectors leading the rally.
Wall Street paused as rising Treasury yields and upcoming Nvidia earnings and Fed minutes weighed on sentiment. The S&P 500 slipped 0.2%, with technology and communication services sectors avoiding losses.
U.S. stocks traded mixed as investors weighed fiscal concerns, sending Treasury yields higher and the dollar lower. Bitcoin surged past $109,000 after JPMorgan announced it will allow client purchases without custody services.
U.S. stocks traded flat as investors digested the Federal Reserve's remarks on inflation and tariffs. Berkshire Hathaway hit record highs, outperforming the S&P 500 by 20 percentage points year-to-date.
Stocks rebounded sharply on Friday as concerns over a potential government shutdown eased. Despite the rally, the market is set for its fourth consecutive weekly decline, the longest losing streak since May 2022.
Headlines via Polygon.io. Links open the original publisher.