CNBC Daily Open: Big Tech rally drowns out Iran war fears — Buffett urges caution
Stocks closed higher on Big Tech gains and a surprise drop in wholesale prices, shrugging off fresh U.S. strikes on Iran, a naval blockade.
SK Hynix shares plunge over 11% as Asia sees tech rout, tracking U.S. chip losses
Asian semiconductor stocks tumbled on Thursday as a selloff in U.S. chipmakers spilled into the region.
$100 million New Jersey deli fraud defendant Patten wants no prison time despite past conviction
James Patten is the person to be sentenced for a scheme that sent the market capitalization of a company that owned just a small New Jersey deli soaring.
Stock futures are little changed as traders await retail sales and labor data: Live updates
Investors are looking ahead to retail sales data and jobless claims for further signs the economy is slowing enough to keep inflation under control.
World Cup gave bars and restaurants a needed boost as consumers flash warning signs, Fed says
The latest edition of the Fed’s Beige Book indicated that the soccer tournament wasn’t necessarily translating to broader economic growth.
Historic IBM stock crash sets up unique options strategy
IBM shares fell just over $73 to ~$217 — a jaw-dropping 25% single-day decapitation.
SpaceX stock sinks below $135 IPO price for the first time
SpaceX shares fell for a fourth-straight session on Wednesday days after entering the Nasdaq-100
Stocks making the biggest moves midday: SpaceX, Apple, PayPal, Cava, Progressive, Micron & more
These are the stocks posting the largest moves in midday trading.
Buy SpaceX shares ahead of this week’s Starship launch, says UBS
UBS keeps its buy rating and sees SpaceX reaching huge milestones if its next test flight is successful.
Amazon shares are really cheap compared with competitors Walmart and Alphabet, says Jefferies
Amazon is looking less expensive than comparable stocks such as Walmart and Alphabet, making it an attractive addition to portfolios, per Jefferies.
