Stocks Move Higher on Improved Fed Rate Cut Prospects
Stock indexes today are higher, with the Dow Jones Industrials posting a 7-week high. Stock index futures initially moved lower after the US PPI report rose more than expected. University of Michigan’s US July consumer sentiment index unexpectedly fell to an 8-month low. Bank earnings today are mostly bearish for stocks. Overseas stock markets today are mixed.
Barchart · 3d ago
Summer 2024 Portfolio Update
Seeking Alpha · 3d ago
Broader Equity Market Falls as Mega-Cap Tech Stocks Slump
S&P 500 closes down 0.88%; Dow Jones industrials climb to 7-week high; Nasdaq 100 falls to 1-week low. Technology stocks fall after Delta Air Lines and Tesla fall more than 8%. Stocks found early support on a hawkish US June CPI report. Overseas stock markets settled higher. The weaker-than-expected CPI report bolstered expectations for the Fed to cut interest rates this year.
Barchart · 4d ago
QQQ ETF Update, 7/11/2024 
TipRanks · 4d ago
Stocks Fall Despite Dovish CPI Due to Weakness in Chip Stocks
S&P 500 down -0.35%; Dow Jones Industrials post a 7-week high. Today's decline in chip stocks knocked the S&p 500 from a new record high. Airline stocks are under pressure after Delta Air Lines forecast Q3 adjusted EPS below consensus. Stocks found early support on today's Fed-friendly US June CPI report. The weaker-than-expected report bolstered expectations for the Fed to cut interest rates.
Barchart · 4d ago
AMD, Taiwan Semi, lead chips higher as AI investment boom continues
Tech AMD, Taiwan Semi, lead chips higher as AI investment boom continues. Semiconductor stocks were mostly higher on Wednesday. AMD shares rose more than 3% after the company announced a deal to acquire European artificial intelligence lab Silo AI. Taiwan Semi reported June revenue figures that were well above estimates.
Seeking Alpha · 5d ago
Validea's Top Information Technology Stocks Based On Warren Buffett - 7/10/2024
NASDAQ · 5d ago
KLA Corp. On Pace for Record High Close -- Data Talk
Dow Jones · 5d ago
KLA Corporation: Is Positioned For A Cyclical Upswing Driven By AI
KLA Corp. Is poised for growth as semiconductor manufacturing capacity increases domestically with the assistance of the CHIPS Act. The company is expected to benefit from the construction of regional AI factories, automotive ADAS systems, and AI-enabled smartphones and PCs. KLA is well positioned for a major cyclical upswing as the next generation of 3nm chips begin to ramp up.
Seeking Alpha · 5d ago
Heard on the Street: U.S. Chip Gear Suppliers Still Need China's Wallet- For Now
The Wall Street Journal · 6d ago
Stocks Finish Higher on Balanced Comments from Fed Chair Powell
The S&P 500 and Nasdaq 100 post new all-time highs on Tuesday. Strength in bank stocks and chip stocks led the overall market higher. Weakness in restaurant stocks and higher T-note yields were negative factors for equities. Fed Chair Powell says inflation is moving down toward the 2% target. Overseas stock markets on Tuesday settled mixed.
Barchart · 6d ago
What to Expect From KLA’s Q4 2024 Earnings Report
KLAC is expected to announce its fiscal fourth-quarter earnings for 2024 after the market closes on July 24. The company provides process control and yield management solutions for the semiconductor and related electronics industries. KLAC stock has outperformed the S&P 500's 16.8% gains on a YTD basis.
Barchart · 6d ago
ASML, Applied Materials, others in focus as chip equipment spending should rise: RJ
Raymond James sees chip equipment spending rising by at least single digits in 2025 and 20206. ASML, Applied Materials, others in focus as chip spending should rise. The firm raised its price target on ASML to $1,300 and also increased its target on Lam Research and KLA Corp.
Seeking Alpha · 6d ago
Reuters · 6d ago
S&P 500 and Nasdaq 100 Post New Record Highs on Chip Stock Strength
S&P 500 and Nasdaq 100 post new all-time highs. Chip stocks are leading technology stocks and the broader market higher. Higher T-note yields today are a negative factor for equities. The markets are looking ahead to the June CPI report and Q2 earnings season begins Friday.
Barchart · 6d ago
QQQ ETF Update, 7/9/2024
NASDAQ · 6d ago
Broader Market Settles Higher on Chip Stock Strength
NASDAQ · 6d ago
Wall Street Analysts Think KLA (KLAC) Is a Good Investment: Is It?
NASDAQ · 07/08 16:52
Notable ETF Outflow Detected - SPYG, UBER, KLAC, CMG
NASDAQ · 07/08 15:03
Webull provides a variety of real-time KLAC stock news. You can receive the latest news about Kla Corp through multiple platforms. This information may help you make smarter investment decisions.
About KLAC
KLA Corporation is a supplier of process control and yield management solutions and services for the semiconductor and related electronics industries. The Company offers a portfolio of inspection and metrology products, and related services, software and other offerings, supports research and development (R&D) and manufacturing of integrated circuits (ICs), wafers and reticles. Its segments include Semiconductor Process Control, Specialty Semiconductor Process and PCB, Display and Component Inspection. Semiconductor Process Control segment provides comprehensive portfolio of inspection, metrology and software products, and related services, helping IC, wafer, reticle/mask and chemical/materials manufacturers achieve target yields throughout the entire fabrication process, from R&D to final volume production. The Specialty Semiconductor Process segment develops and sells advanced vacuum deposition and etch process tools, which are used by a range of specialty semiconductor customers.