Section
The latest stocks coverage from the TrustFinance editorial desk.
Options traders anticipate a 4.4% stock price swing for homebuilder D.R. Horton following its July 21 earnings report. Historical data shows the stock has exceeded the market's implied move in half of its last eight announcements.
Shares of chip designer Arm Holdings fell more than 5% after HSBC downgraded the stock to 'Hold,' amplifying investor concerns over the company's high valuation and potential supply chain bottlenecks for its new AI chip.
Israel's benchmark stock index closed higher on Tuesday, supported by strong performance in technology and communication shares. Tower Semiconductor was a top gainer, while declining stocks outnumbered advancers on the broader exchange.
Shares of Strategy Inc. (MSTR) rose Tuesday as a recovery in cryptocurrency prices boosted the Bitcoin-heavy company, with a recently expanded $3 billion cash reserve and positive analyst ratings providing further support.
Norway's benchmark Oslo OBX stock index closed 0.85% higher on Tuesday, supported by gains in the healthcare and utilities sectors, even as declining stocks narrowly outnumbered advancers.
A senior Commerce Department official told Congress that limited shipments of Nvidia's H200 AI chips to China and Hong Kong have begun, a key development for the chipmaker under U.S. export controls.
A senior U.S. Commerce Department official told lawmakers that Nvidia has only shipped minimal quantities of its H200 AI chips to China, a key update on the status of U.S. export controls on advanced technology.
A director-affiliated entity at SharkNinja sold over $400 million in shares, while a group of insiders at Energizer Holdings made a significant purchase, highlighting Monday's key insider trading disclosures.
A net 91% of European fund managers now expect upside for the region's equities over the next year, a sharp increase from 71% last month, according to the latest Bank of America survey. The shift is driven by a growing belief in a 'Goldilocks' economic scenario of strong growth and falling inflation.
