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Thanks to the U.S. government and its bet on quantum computing, IBM stock is on pace for its biggest weekly gain in 25 years. IBM shares jumped more than 12% Thursday on news that it could potentially receive $1 billion in funding from the U.S. government to establish a new quantum foundry subsidiary. Despite this week's gains, IBM stock is still down 13% this year.
The Dow traded as high as 50,686.15 this morning, its first record intraday high since Feb. 10, according to Dow Jones Market Data. If it continues at this pace, the index will set a record at close, its ninth of 2026.
Iran stated that the latest U.S. proposal has helped bring the two sides closer to a deal, but added that it is reviewing the terms put forth by the United States.
The Dow Jones hit a record high with the stock market having another solid week, even though Nvidia and Walmart fell on earnings. SpaceX filed its IPO.
Stocks pushed higher Friday while oil prices were little changed as traders tracked headlines on the chances for peace in the Middle East, against a backdrop of corporate earnings optimism and AI enthusiasm that have pushed indexes to record highs.Wall Street opened broadly higher after the Dow Jones reached an all-time high Thursday, despite concerns that soaring energy prices will stoke inflation and lead central banks to hike interest rates.
Four low P/CF value picks, Nexa Resources, Avnet, Strategic Education and USANA Health, screened for discount valuations and strong trading volume.
May 22 (Reuters) - Wall Street's main indexes opened higher on Friday with the Dow hitting an intraday record high as investors watched for progress in talks to end the nearly three-month Middle East
Shares have been listless lately as investors have given SpaceX more of their attention. Tesla shares were up 0.8% at $420.96 in premarket trading, while and futures were up 0.4% and 0.7%, respectively. Investors have also turned their attention to SpaceX, which made its IPO registration public on Wednesday.
A number of stocks jumped in the afternoon session after easing oil prices reduced inflation and recession risk, with the Russell 2000 heavy in regional banks surging on the session.
Oil prices were rising early Friday as energy markets pointed to growing doubts over whether the U.S. and Iran will reach a deal to end the war.
8am: Wall Street set for higher open US stock futures are pointing to a modestly positive open on Friday, with investors keeping faith that a US-Iran peace deal could be within reach - even as oil prices climb again and Nvidia's post-earnings slide raises a few questions. Dow futures are...
A number of stocks jumped in the afternoon session after easing oil prices reduced inflation and recession risk, with the Russell 2000 heavy in regional banks surging on the session.
US equity futures were marginally higher pre-bell Friday as traders observed bond yields easing and
Shares of rigid packaging solutions manufacturer Silgan Holdings (NYSE:SLGN) jumped 2.9% in the afternoon session after easing oil prices reduced inflation and recession risk, with the Russell 2000 heavy in regional banks surging on the session.
A number of stocks jumped in the afternoon session after easing oil prices reduced inflation and recession risk, with the Russell 2000 heavy in regional banks surging on the session.
Stock futures gained as investors seized on signs that diplomatic efforts to end the U.S.-Iran war were progressing, while a tech rally pushed indexes higher in Asia and Europe.
President Trump and Wall Street want interest rates cut, but inflation has other plans.
By Ankur Banerjee and Stefano Rebaudo May 22 (Reuters) - Global stocks rose, the U.S. dollar hovered around its highest levels in over six weeks and oil prices edged up, as a great deal of uncertainty
Nvidia closed 1.8% lower. Nvidia’s stock is up 67% over the past 12 months, making it the largest publicly listed company in the world, with a market value of nearly $5.4 trillion. The music-streaming company said it plans to roll out an AI tool allowing users to make covers and remixes of songs from Universal Music Group artists.
The Trump administration said on Friday it would invest $2 billion in quantum computing stocks, with about half earmarked for IBM.
The Dow clinched another record close today. Plus, the SpaceX IPO filing tells us a lot about Elon Musk’s wealth.
The S&P 500 is vying for the index's longest weekly winning streak since 2023.
The S&P 500 is vying for the index's longest weekly winning streak since 2023.
The S&P 500 is vying for the index's longest weekly winning streak since 2023.
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