Wells Fargo’s chief equity strategist Ohsung Kwon lowered his year-end target for the S&P 500 Index, citing mounting risks in the technology sector.Kwon is one of the few strategists on Wall Street to trim his forecast in recent weeks, cutting his call to 7,700 from 7,950.Tech downgraded, healthcare upgradedKwon turned…
AMD stock gained 2% on Tuesday after Piper Sandler reiterated its Overweight rating on Advanced Micro Devices Inc. and…
Crypto markets faced fresh pressure on Tuesday after the Digital Asset Market Clarity Act failed to secure enough Senate…
Strategy Inc. (formerly known as MicroStrategy) shares MSTR fell 5% on Tuesday as Bitcoin declined after the US Senate…
US stocks fell on Tuesday as investors looked ahead to the Federal Reserve’s interest-rate decision and rising Treasury yields…
Samsung Electronics has begun turning its $16.5 billion Tesla foundry contract into silicon, but investors still want clear evidence…
The Nikkei 225 Index moved sideways as the Japanese yen retreated to its lowest level since September 7 and…
The KOSPI edged higher on Wednesday as gains in Samsung Electronics and SK Hynix helped South Korean shares stabilise…
Micron Technology has more than tripled this year, yet the stock looks cheaper than much of the US market…