Why Are Advanced Micro Devices Shares Falling Monday?

Shares of chip stocks, including Advanced Micro Devices Inc. (NASDAQ:AMD), are trading lower Monday. The sector may be selling off following strength in the first half of 2024, driven by AI momentum.W

Benzinga36minutes ago

As we enter the second half of the year, the mentality of American stock investors is changing.

Investors' mentality suddenly changed - they began to pay attention to economic data. Although the US stock market has repeatedly hit new highs, most stocks have performed poorly, and news that usually drives these stocks up has not had this effect. This sign indicates that the US stock market will not be an exciting investment place for a period of time. Last week, the S&P 500 index (SPX.US) fell slightly by 0.1%, the Dow Jones Industrial Average (DJI.US) also fell by 0.1%, and the Nasdaq Composite Index (IXIC.US) rose by 0.2%. However, Invesco S&P 500 and other stocks

巴倫中文Jul 1 21:19

AI Optimism Could Boost S&P 500 to 7,000 Next Year, Says Economist

By Isabel Wang AI's boost to economic productivity will be substantial, but it won't arrive until the second half of this decade: Capital Economics Artificial intelligence has helped propel the U.S.

MarketWatch49minutes ago

Key event in US stocks! The annual rebalancing of Russell Index has been completed.

After restructuring, the total weight of the top ten companies in the Russell 1000 index will reach 34.3%, the highest level in 40 years. This number is nearly 20 percentage points higher than when the index was established in 1984. Microsoft will once again become the company with the largest market cap in the index, replacing Apple. Nvidia will surpass Amazon and jump to third place.

wallstreetcnJun 30 09:36

No Nvidia in Your Portfolio? 'You're Just Toast' -- WSJ

By Charley Grant In this year's bull market, there are artificial-intelligence plays like Nvidia -- and then there's everything else. As the second half of the year begins, investors are wondering wh

WSJJul 1 11:00

Sector Update: Tech Stocks Mixed in Afternoon Trading

Tech stocks were mixed Monday afternoon, with the Technology Select Sector SPDR Fund (XLK) rising 0.3% and the SPDR S&P Semiconductor ETF (XSD) falling 1.1%. The Philadelphia Semiconductor index was s

MT Newswires02:04