15 Mins Ago
Stocks open higher
Stocks opened higher to kick off the trading week.
The Dow Jones Industrial Average gained 125 points, or 0.3%, while the S&P 500 rose 0.65%. The Nasdaq Composite jumped 1%.
— Samantha Subin
46 Mins Ago
Stocks making the biggest moves premarket
Close-up image of a person’s hand holding an iPhone with Crowdstrike app visible, Lafayette, California, July 19, 2024.
Smith Collection/gado | Archive Photos | Getty Images
Check out the companies making headlines before the bell:
- CrowdStrike — The cybersecurity stock dropped 4% after Guggenheim downgraded CrowdStrike to neutral from buy, saying the company is unlikely to emerge unscathed from the global outage.
- Nvidia — Shares gained 2% after Reuters, citing people familiar with the matter, reported Nvidia is preparing a version of its new Blackwell chips for the Chinese market. They would be compatible with current U.S. export controls, the report said.
- Bank of America — The bank stock dipped more than 1% in premarket trading after a filing revealed that Warren Buffett‘s Berkshire Hathaway sold 33.9 million Bank of America shares for almost $1.5 billion last week. Berkshire remains Bank of America’s largest shareholder with a 10.8% stake after the sale. Berkshire may be taking some profits with the bank stock up 27.4% so far this year.
— Sarah Min
An Hour Ago
Nvidia climbs to start the week
Nvidia shares rose nearly 2% in the premarket after Reuters reported, citing sources, that the company was working on a version of its AI chips for the Chinese market. Additionally, several analysts raised their price targets on the stock, calling for more upside ahead.
While the stock is up a whopping 138% year to date, it shed 8.8% last week amid a violent market rotation out of large-cap tech in favor of smaller names.
See Chart…
NVDA 5-day chart
3 Hours Ago
Bank of America shares fall after Berkshire sale
A regulatory filing late Friday shows Berkshire Hathaway sold about $1.48 billion in Bank of America stock, pushing the bank’s shares down by more than 1% in the premarket.
Overall, Berkshire sold 33.9 million BofA shares at an average price of $43.56 per share — amounting to a 3.3% stake reduction. Despite the sale, Bank of America remains Berkshire’s second-biggest position.
— Fred Imbert
15 Hours Ago
Gold futures rise Sunday
Hans-peter Merten | The Image Bank | Getty Images
U.S. gold futures advanced 0.5% Sunday at $2,411.10, after declining more than 2% on Friday.
Spot gold gained 0.4% at $2,409.37.
Meanwhile, the U.S. dollar index slipped 0.1%.
— Hakyung Kim
15 Hours Ago
Stock futures inch higher Sunday
U.S. stock futures advanced slightly on Sunday night.
Futures tied to the S&P 500 rose 0.1%. Dow Jones Industrial Average and Nasdaq 100 futures both added around 0.1% each.
— Hakyung Kim
Stock market today: Live updates #Stock #market #today #Live #updates
Source Link: https://www.cnbc.com/amp/2024/07/21/stock-market-today-live-updates-.html
Stock market today: Live updates – Journal Today Internet – #Market – BLOGGER – Market, Internet, Journal, Live, Market, Stock, Today, Updates
15 Mins Ago Stocks unstoppered higher Stocks unsealed higher to squawk soured the trading week. The Dow designer Industrial Average gained 125 points, or 0.3%, patch the S&P 500 chromatic 0.65%. The Nasdaq Composite jumped 1%. — Samantha Subin 46 Mins Ago Stocks making the large moves premarket Close-up ikon of a person’s assistance retentive …
