Stocks dropped and oil prices surged near $80 a barrel after President Trump announced a blockade and tolls on the Strait of Hormuz, escalating tensions with Iran. The Dow fell 152 points, with tech and chipmaker stocks leading declines amid concerns of an overheated AI sector. Oil prices rose sharply due to fears of prolonged energy supply disruptions. Experts expect continued market volatility, especially in tech, as investors weigh current earnings against heavy AI investments and geopolitical risks.
Jim Cramer highlighted large flex-call option purchases in tech and energy stocks like Bloom Energy and Intel, raising questions about the buyer's identity. Weeks earlier, a House disclosure showed Pelosi's spouse had bought shares and call options i...
Three ETFs—IWMI, GPIQ, and PFFA—offer high monthly income streams of up to 14%, each using unique strategies: IWMI leverages small-cap volatility with tax-efficient index options; GPIQ writes modest Nasdaq-100 call options to balance growth and incom...
Seagate and SanDisk stocks dropped 4% and 3% respectively due to profit taking after strong gains this year, with no new company news to explain the decline. Seagate shares have surged 201% year-to-date, while SanDisk rose 29% in the past month. In c...
Micron Technology is a key winner in the AI-driven memory supercycle, experiencing record profits due to supply-demand imbalances in DRAM and NAND memory. Despite recent volatile stock price movements, Micron's forward price-to-earnings ratio remains...
Micron reported record fiscal Q3 revenue of $41.46 billion, beating estimates by 17.6%, with strong earnings and an unprecedented $50 billion revenue forecast for Q4. Despite this, Wall Street wiped out $57 billion in market value due to concerns ove...
