finance

14
Jul

Stock Market News — July 14, 2026 — Evening Update — Last 12 Hours (Pacific Time)

Stripe and Advent International's $53 billion offer to acquire PayPal reshapes the payments landscape, while cooler CPI data and strong Goldman Sachs earnings lift equities—though IBM's AI warning and Lucid's near-collapse keep gains measured.
8 min read
10
Jul

Stock Market News — July 10, 2026 — Friday Evening — Last 12 Hours (Pacific Time)

Wall Street closed higher Friday as the S&P 500 approached record highs, buoyed by SK Hynix's historic 13% Nasdaq debut—the largest foreign IPO ever—which reignited AI chip enthusiasm and lifted NVIDIA 3.5%. Meanwhile, geopolitical tensions pushed oil prices higher, Apple sued OpenAI over trade secr
6 min read
09
Jul

Stock Market News — July 09, 2026 — Evening Update — Last 12 Hours (Pacific Time)

Chip stocks led a broad market rebound Thursday as SK Hynix priced a blockbuster $26.5B U.S. offering and OpenAI launched GPT-5.6 with a new enterprise "super app," intensifying AI competition. Geopolitical tensions eased after Trump signaled Iran wants a deal, while Meta's aggressive AI infrastruct
6 min read
17
Jun

Stock Market News — June 17, 2026 — Evening Update — Last 12 Hours (Pacific Time)

Markets closed lower Wednesday as the Fed's hawkish dot plot sent stocks sliding and yields soaring, but sentiment reversed sharply after a U.S.-Iran peace deal sparked an Asian rally with record highs in Japan and South Korea. Apple dominated headlines with price hike warnings due to chip costs, a
8 min read
04
Jun

Stock Market News — June 04, 2026 — Evening Update (last 12 hours, Pacific Time)

The Dow hit a record high, climbing 1.73%, while the Nasdaq fell as Broadcom's disappointing AI results triggered a $300 billion chip sector selloff. SpaceX locked in its $135/share IPO price for a historic $75B offering, and Quantinuum surged 13.3% in its Nasdaq debut, signaling strong appetite for
7 min read
29
May

Stock Market News — May 29, 2026 — Friday Evening Update

Wall Street capped a nine-week winning streak with record closes Friday, driven by a reported U.S.-Iran nuclear deal and AI strength—Palantir surged 8.7% and Microsoft rallied 3.7%. OpenAI is in IPO talks with Citi and JPMorgan, while Quantinuum is upsizing its offering, signaling robust capital mar
6 min read
19
May

Stock Market News — Evening Update (last 12 hours) - Pacific Time - May 20, 2026

Nvidia's earnings loom as the biggest AI catalyst, with options traders pricing in a staggering $355B market cap swing, while China's pledge to buy 200 Boeing jets and extend tariff talks offers trade relief. However, Samsung's impending 48,000-worker strike, Standard Chartered's 7,000+ job cuts via
6 min read
12
May

Stock Market News — May 12, 2026 - Evening update (last 12 hours), Pacific Time

Markets closed mixed Tuesday as hot CPI data and stalled Iran ceasefire weighed on stocks, but Nvidia CEO Huang's confirmed attendance at Trump's China summit sparked hopes for eased chip export restrictions. eBay rejected GameStop's $56B bid while Anthropic targeted a $900B valuation, signaling div
5 min read
08
May

Stock Market News — May 08, 2026

Wall Street hit record highs Friday as Intel surged 15%+ on an Apple chip-manufacturing deal and strong April jobs data boosted sentiment, but European markets tumbled on U.S.-Iran military clashes near the Strait of Hormuz that rattled energy prices and global outlook.
5 min read