Chip giant Intel's (INTC) stock price cratered than 26% on Friday trading, closing out one of its worst trading days in 40 years. The massive declines followed a disastrous second quarter earnings report Thursday during which the company announced anticipated...
Bank stocks are ending the trading week on low note, down across the board much more than the broad market's setback of around 2.2%. As of 3:07 p.m. ET shares of JPMorgan Chase (NYSE: JPM) and Wells Fargo (NYSE: WFC)...
After tumbling yesterday, shares of Nvidia (NASDAQ: NVDA) were heading south again today. Once again, weak economic data was the culprit, triggering another broad market sell-off.This morning, the Bureau of Labr Statistics reported that the unemployment rate jumped from 4.1%...
Japan's Nikkei 225 plunged 5.8pc in its worst day since 2020 amid a brutal sell-off on Asia's stock markets - JEON HEON-KYUN/EPA-EFE/ShutterstockThe global sell-off in stock markets deepened as US unemployment hit a three-year high amid growing fears that the...
Magnificent 7 Lose Over $300B As Volatility Index Surges, Traders Question Fed's Timing: What's Driving Markets Friday?Wall Street is experiencing a sharp decline on the last trading day of the week, with all indices in the red at noon in...
A slew of weaker-than-expected economic data, highlighted by July's jobs report triggering a closely watched recession indicator, has sent the stock market tumbling.Across the first two days of August, the S&P 500 (^GSPC) is down nearly 4% while the Nasdaq...
Amazon's (AMZN) stock fell 8% in afternoon trading Friday after the retail and cloud giant offered a current quarter forecast on Thursday that fell short of expectations on both the top and bottom lines.The disappointing returns were amplified by a...
By Saqib Iqbal AhmedNEW YORK (Reuters) - A sharp drop in U.S. stocks is provoking selling from volatility-sensitive funds, exacerbating a selloff that has already brought the Nasdaq Composite into correction territory.Volatility control funds - systematic investment strategies that typically...
The stock of Intel (NASDAQ: INTC) is getting crushed in Friday's trading. The company's share price was down 29% as of 10:30 a.m. ET today, according to data from S&P Global Market Intelligence.Intel published its second-quarter results after the market...
Intel (INTC) is leaving investors with a bad case of shock and awe.Shares of the chip giant crashed more than 21% in pre-market trading on Friday, following quarterly earnings on Thursday that could only be described as brutal. The company's...
