Intel Corp.’s shares scored their best week in 14 years Friday, after one analyst said the chip maker still has a “material AI opportunity” amid rivals Advanced Micro Devices Inc. and Nvidia Corp. On Friday, Intel INTC, +1.54% shares rose 1.5% to finish at $36.37, for a weekly gain of…
How U.S. financial markets have performed in the past 15 months as Fed rate hikes fueled wild swings
[]It’s been a roller-coaster ride for U.S. financial markets the past 15 months, after the Federal Reserve started its most aggressive monetary tightening campaign in four decades to tame inflation. []After 10 consecutive interest-rate hikes which took the benchmark fed-funds rate from near zero to a range of 5% to…
Nvidia is the only near-term ‘beat and raise’ chip maker when it comes to AI, analyst says
Nvidia Corp. will be the only chip maker positioned to exceed Wall Street expectations in the near term when it comes to servicing the wildly growing artificial-intelligence market, according to one analyst. On Friday, Morgan Stanley chip analyst Joseph Moore switched his “top pick” stock to Nvidia NVDA, +0.09% from…
U.S. stocks end lower, but S&P 500 scores longest weekly win streak since 2021 after Fed pause
U.S. stocks ended down Friday without derailing the S&P 500 index and Nasdaq Composite from extending their long weekly win streaks. Investors cheered signs this week that the Federal Reserve’s interest rate hikes have helped to cool inflation, but have yet to drive the U.S. economy into a recession.How stock…
As Beatles ‘go AI,’ musicians weigh impact: ‘Lennon wouldn’t be best pleased’
News that the Beatles are using AI to include John Lennon’s voice on a new song marks the latest, and somewhat surprising, chapter, in the technology’s often controversial evolution. The prospect of the tech-fueled new release more than half a century after the Beatles split has divided fans of the…
Bank lending falls for first time in a month, Fed says
Bank deposits fell slightly last week and lending also declined for the first time in a month, the Federal Reserve reported Friday, but there was little sign of major stress in the U.S. financial system. Total bank lending declined by $49 billion to $12.09 trillion in the seven days ending…
Here’s a “two-for” that’s ready for action
?There Isn’t Much Time.? Effective 3pm EST, Tuesday, June 20, Atomic Trades Goes Live! BUT… And This Is A BIG But… Others Will Pay Much, Much More. I can’t remember the last time we had so much going on here at RaginBull and I am about to show you…
These money and investing tips can get your stock and bond portfolio into shape
Don’t miss these top money and investing features: Sign up here to get MarketWatch’s best mutual funds and ETF stories emailed to you weekly!INVESTING NEWS & TRENDSThe bulls finally control the stock market and the signs point higher Large-caps are plowing ahead and leading the way. S&P 500 chart offers little…
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Virgin Galactic shares rocket higher on plans for first commercial flight this month
Shares of Virgin Galactic Holdings on Thursday made a scorching run higher after the space-travel company said it plans to begin offering commercial flights into space near the end of this month, a significant breakthrough for the nearly 20-year-old company founded by Richard Branson. Shares rocketed 44% after hours on…