US stock futures point to a lower open following last week's declines, driven by concerns over rising bond yields, persistent inflation, and economic impacts from higher oil prices. The Nasdaq led losses last week, dropping 1.5% as investors reduced exposure to tech and AI stocks ahead of Nvidia's earnings report. Bond yields hit multi-year highs after stronger US inflation data raised expectations of prolonged or increased Federal Reserve rate hikes. Oil prices remain high but eased slightly on reports of progress in lifting Iran sanctions. Key economic data this week includes US home sales, mortgage approvals, Fed minutes, and global PMI figures, with Nvidia's earnings on Wednesday seen as a major market catalyst.
Nvidia shares surged to new highs around $235 after the U.S. unexpectedly approved sales of its older H200 chips to China, sparking momentum in the semiconductor sector. This move contrasts with Palantir, which remains in a bear market despite strong...
Ahead of Nvidia's May 20 earnings report, analysts are optimistic, driving stock price targets higher amid strong demand for next-gen chips. KeyBanc raised its price target to $300, expecting significant revenue growth from Blackwell GPU shipments an...
Nvidia continues to be a core holding due to solid revenue and earnings quality, but further stock accumulation is paused ahead of its upcoming earnings report. While hyperscaler capital expenditure, a key revenue driver, shows ongoing growth, recent...
Intel's stock surged nearly 495% over the past year after the US government, including Commerce Secretary Howard Lutnick and former President Trump, actively encouraged Apple to partner with Intel for chip manufacturing. This intervention, seen as th...
The Invesco Dorsey Wright Technology Momentum ETF (PTF) has gained about 58% year to date in 2026, driven by its mechanical momentum strategy that currently favors AI hardware stocks amid the largest corporate data center expansion. PTF uses a rules-...
