(Updates with index/price moves and company/political news) US equity indexes slumped after chipm
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Oil prices climbed higher after the U.S. government revoked sanction waivers for Iranian oil after commercial ship attacks. Brent crude futures climbed more than 5.1% to $75.65 per barrel while WTI futures rose 5% to $71.99. Oil prices were well below wartime highs, but still above prewar levels.
Multiple catalysts are driving big sell-offs for Rocket Lab.
Samsung crushed earnings, but investors wanted more. Now it -- and other semi stocks -- are being punished.
Bank stocks have enjoyed a nice run overall, and valuations are now fairly elevated.
Samsung posted a 19-fold profit increase and investors said "cool, we're selling anyway," dragging the Nasdaq Composite index deep into the red.
The announcement comes after Palantir Technologies stock fell 25% in June, marking its worst month since February 2021.
The FTSE 100 closed up 14.11 points, 0.1%, at 10,665.88.
SpaceX‘s (NASDAQ: SPCX) arrival on the Invesco QQQ Trust (NASDAQ: QQQ) benchmark is the fastest mega-cap onboarding the NASDAQ has ever executed. CNBC’s Morgan Brennan laid out the mechanics on air Tuesday morning. “SpaceX officially joins the Nasdaq 100. That will happen at the start of trading officially later this morning,” Brennan told viewers, framing ... Morgan Stanley: SpaceX Could Rally 87% as Wall Street Goes All-In
Intel Stock Drops as Investors Reassess the AI Chip Rally
The Nasdaq tumbled on Tuesday to continue a turbulent time for chip stocks. The tech-heavy index fell 1.3%. The S&P 500 dropped 0.5% and the Dow fell 70 points, or 0.1% amid a reversal of yesterday’s chip-stocks rally.
Here’s who is eligible for $1,000 in free money — and where it can be invested.

SpaceX (SPCX) has officially been added to the Nasdaq-100 (^NDX). JonesTrading chief market strategist Michael O'Rourke discusses more in the video above.
The announcement comes after Palantir Technologies stock fell 25% in June, marking its worst month since February 2021.
July 7 (Reuters) - The Nasdaq opened lower on Tuesday amid declining chip stocks, with investors questioning the momentum of the AI-led rally despite Samsung's strong earnings, while a report on
Stock Market Today: The Dow Jones index rose, while tech futures sold off amid Samsung earnings. Micron and Sandisk plunged.
The announcement comes after Palantir Technologies stock fell 25% in June, marking its worst month since February 2021.
Industrials businesses quietly power the physical things we depend on, from cars and homes to e-commerce infrastructure. But their prominence also brings high exposure to the ups and downs of economic cycles. Luckily, the tide is turning in their favor as the industry’s 16.3% return over the past six months has topped the S&P 500 by 8.3 percentage points.
Futures are pointing to a mixed open for major indexes as tech stocks retreat after posting big gains to start the week. Here’s what investors need to know today.
US markets are set for a mixed open on Tuesday, with technology stocks expected to come under pressure after Samsung delivered record quarterly profits that still failed to satisfy investors, raising fresh questions about AI valuations. Nasdaq futures were down 1.1% ahead of the opening bell,...
Pre-Market Stock Futures: Futures are trading mixed, with the Nasdaq getting hammered after a gangbuster start to the first full trading week of the third quarter. All of the major indices finished the day higher, with chip stocks once again leading the way. When the dust settled at the close, the Nasdaq finished the day ... Here Are Tuesday’s Best Wall Street Analyst Research Calls: Adobe, American Airlines, Broadcom, First Solar, Meta Platforms, Shopify, Space-X, Ventas, Waste Managment, and M
US equity futures were mostly lower pre-bell Tuesday as technology-related stocks dropped and oil pr