Schwab, Circle, Eaton, NXP, RH: Trending With Analysts

TipRanksAug 8 17:00 · Ratings

Top 20 by Trading Volume | SpaceX surges another 16%, up 23% over two days since lock-up expiration; AI infrastructure provider Lumentum rises over 6%, set to report latest earnings after market close next Tuesday; memory stocks extend losses, with SanDis

SpaceX, which ranked first in trading volume among U.S. stocks on Friday, rose 15.83%, with a trading value of USD 30.212 billion. According to reports, SpaceX plans to build its own power generation facilities to supply electricity to the large semiconductor manufacturing plant it is jointly developing with Tesla in Texas, USA.

Global Markets UpdateAug 8 06:28

U.S. Markets Close | Weak Jobs Report Dampens Rate Hike Expectations; S&P 500 Hits New Record High. Software Stocks Surge, with Atlassian Jumping 35% Post-Earnings and Palantir Rising Over 10%. Gold Rebounds Strongly Above $4,300.

The S&P 500 rose 0.59% to close at 7,755.61, the Nasdaq Composite gained 1.28% to 26,686.48, and the Dow Jones Industrial Average advanced 0.28% to 54,036.93. All three major U.S. equity indices recorded their largest weekly gains since mid-April this week. Spot gold surged 2.3% to $4,336 per ounce. WTI crude traded at approximately $77.5 per barrel, while Brent crude was around $82.5 per barrel. The yield on the 10-year U.S. Treasury note stood at 4.65%.

wallstreetcnAug 8 06:23

Microchip's Data Center-related Revenue Likely Drives Longer Up-cycle: Analysts

Seeking AlphaAug 7 23:33

Top 20 by Trading Volume | SpaceX surges 6% despite lock-up expiration concerns; NVIDIA considers reducing memory capacity for Rubin Ultra chips; Google's latest bond offering receives over four times subscription; SanDisk and Western Digital both plunge

Micron Technology, the most actively traded stock on the U.S. market on Thursday, fell 1.31% with a trading volume of $31.127 billion. Shares in the U.S. memory chip sector broadly declined on Thursday, following downgrades to SanDisk's target price by brokerages including Citi and Jefferies.

Global Markets UpdateAug 7 06:44

U.S. Stock Market Close | Markets tread cautiously ahead of nonfarm payrolls data and the U.S.-Iran deal, with major indices ending lower—Dow snaps five-session winning streak; tech stocks diverge, Microsoft rises nearly 3% to hit a new high for the year;

On Thursday, all three major U.S. stock indexes closed lower, with the Dow Jones Industrial Average down 0.85%, the S&P 500 down 0.18%, and the Nasdaq Composite down 0.06%. Memory chip stocks plunged, with Western Digital falling more than 13%. The Wind Mag 7 Index rose 0.23%, led by Microsoft, which gained over 2%. The 10-year U.S. Treasury yield climbed 6.5 basis points, and Brent crude oil futures settled up 3.83%.

wallstreetcnAug 7 06:27