Chipmakers lead a broad rally as earnings season opens
The S&P 500 gained 1.1% on Wednesday, with semiconductor shares jumping after a major supplier raised its outlook.
The latest Stocks news, explainers and analysis — numbers first, narratives second.
The S&P 500 gained 1.1% on Wednesday, with semiconductor shares jumping after a major supplier raised its outlook.
Large lenders reported steadier margins and rising fee income, while setting aside more for potential loan losses.
Oil prices dropped for a third session on signs of ample supply, weighing on producers and oilfield service companies.
Smaller companies have outperformed large caps over the past month as borrowing costs eased, but valuations are no bargain everywhere.
A leading streamer added 5 million subscribers and lifted prices, while ad-supported tiers drove most of the growth.
A split makes shares cheaper to buy but leaves the company worth the same, so why do prices often rise afterwards?
Saved: 0