Articles
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1 week ago |
investors.com | Michael Larkin
The stock market reversed lower Friday as investors digested the latest Israel-Iran conflict development and the Federal Reserve's latest move on rates. Congressional testimony from Fed Chair Jerome Powell and the latest PCE inflation reading are due. The Nasdaq composite saw early gains vanish as it closed the day down 0.2%. However, it managed to squeeze out a weekly loss…
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1 week ago |
investors.com | Michael Larkin
An issue with putting all one's eggs in one basket in the artificial intelligence space, such as juggernaut Nvidia (VDA), is that painful drawdowns are possible. Those looking to diversify their holdings may find AI stock Advanced Energy Industries (AEIS) attractive. The Denver, Colo., company sells precision power conversion, measurement, and control products for the chipmaking industry, including AI-chip makers.…
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2 weeks ago |
inkl.com | Scott Lehtonen |Michael Larkin
Laggards included Diamondback Energy, which slipped nearly 3%. Kraft Heinz and O'Reilly Automotive also had tough innings, both skidding nearly 2%. Stock Market Today: Tech Stocks On Top As Energy LagsThe S&P 500 was also flexing its muscles, turning in a lift of 1%. The benchmark index's sectors were mostly higher on the stock market today. Technology and financials fared the best. Energy and health care were areas lagging the most. Perfume play Estee Lauder smelled of roses here, gaining almost 9%.
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2 weeks ago |
investors.com | Michael Larkin
The stock market dived after Iran launched a retaliatory attack on Israel. The latest Fed meeting and retail sales data loom in the week ahead. The Nasdaq composite skidded 1.3%. The drop caused its gain for the week to evaporate, sending it to a weekly loss of 0.6%. The tech-heavy index fell below its 10-day line but remains above its…
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2 weeks ago |
investors.com | Michael Larkin
When one thinks of growth stocks, the likes of Tesla (TSLA), Palantir Technologies (PLTR), or CoreWeave (CRWV) are likely to spring to mind. However, Construction Partners (ROAD) is paving the way to big gains through the use of humble asphalt. The Dothan, Ala.-based company specializes in roadway construction and maintenance. It operates across seven states in the Southeast, including Texas,…
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