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(Reuters) -Shares in Super Micro Computer Inc finished down 20% on Friday after hitting a record high earlier in the day as investors took a break after betting on the stock as a big beneficiary of strong artificial intelligence technology demand. After hitting a new record high of $1,077.87 early in Friday's session, SMCI ended the day down $200 at $803.32, snapping a nine-day winning streak for SMCI and marking its biggest one-day percentage decline since August. With about 33.5 million shares in the company changing hands on Friday, this marked its busiest trading day since its initi...

BlackRock on Monday raised its overall U.S. stocks view to overweight from neutral. We think stock momentum can run for now as inflation cools and the Federal Reserve readies to cut... -January 29, 2024 at 11:40 am EST - MarketScreener

Shares in U.S. banks were rallying strongly on Thursday after the Federal Reserve signaled potential interest rate cuts in 2024 with the sector returning to its highest level since early March...

By Sinad Carew (Reuters) - Shares in U.S. banks were rallying strongly on Thursday after the Federal Reserve signaled potential interest rate cuts in ...

(Reuters) - Goldman Sachs investment strategists said on Wednesday that they now expect the S&P 500 to end 2024 at 4700, implying a roughly 6% gain ...