Semiconductor stocks suffered a brutal sell-off on Wednesday, with the $PHLX Semiconductor Index (.SOX.US)$ dropping nearly 7%, marking its worst performance since 2020. $ASML Holding (ASML.US)$ plunged more than 12%, while $Applied Materials (AMAT.US)$, $Advanced Micro Devices (AMD.US)$, $Marvell Technology (MRVL.US)$, and $Lam Research (LRCX.US)$ all fell more than 10%, and $NVIDIA (NVDA.US)$ dropped 6.6%.
What Happened?
The sharp decline in the semico...

$Intel (INTC.US)$'s rally to the highest since April unleased bearish positions on the stock, spurring heavy optionstrading for the chipmaker.
On Monday, as the stock sealed a five-day gain of more than 10%, the number of shares that were sold short more than doubled to 9.69 million from a week earlier, exchange data tracked by moomoo showed. That's almost 12% of the total volume.
Investors and speculators are shorting the sto...

Dear mooers, are you eager to learn how to navigate through the sea of stocks using the powerful tools at your disposal? Sarge is back again to our live-streaming event. This time, we will discuss stock screening and selection.
Excitingly, we will be exploring the cutting-edge stock screener available on moomoo. And Steve will enlighten us on the use of fundamental metrics such as price-to-earnings ratios and dividend yields, to the strategic hun...

Morning mooers! It is Wednesday, June 12th: FOMC rate decision day! The market was lower overall Tuesday but hit all time highs in the S&P 500 and Nasdaq right before the close on Apple AI gains. Today the market is even higher, with most quities climbing.
My name is Kevin Travers, here are stories from the herd on Wall Street today.
$Oracle (ORCL.US)$ climbed 12%, the highest on the S&P 500, after the firm's earnings came ...

Morning mooers! It's Wednesday, May 29th, The market is trailing into decline after one more day of tech stock advancement Tuesday that saw the Nasdaq jump over 17k for the first time.
My name is Kevin Travers, the market is so red even $NVIDIA (NVDA.US)$ is finally pulling back, and here are stories heard on Wall Street today:
$American Airlines (AAL.US)$'s stock fell 14% Wednesday after the company cut its performance...

Monring mooers! It is Friday, May 24th, the eve of Memorial Day weekend here in the U.S. The tech sector is in the green, the market is climbing. My name is Kevin Travers, I am writing from the beach today: here are stories moving the market.
$Magnite (MGNI.US)$ climbed about 14% after a Bank of American Research upgrade to buy. The stock was the highest advancer on the S&P 500.
$Intuit (INTU.US)$ was the lowest decliner on t...

Updated on May 23
$NVIDIA (NVDA.US)$'s stock has experienced a meteoric rise this year, nearly doubling in value—a performance that may reflect market anticipation of the company's forthcoming earnings report.
As a key player in the AI sector, NVIDIA's movements are closely watched and have a significant influence on market trends. With recent U.S. market highs, investors are keen to see if the momentum can be sustained.
The eagerly awaited Q1 fin...

Morning mooers! Ominous thunderstorms roared into Jersey City Thursday May 23rd, while the market hit fresh highs after $NVIDIA (NVDA.US)$ reported Q1 earnings that beat expectations Wednesday, sending the stock up 9%.
The firm showed earnings of $6.12/share compared to expectations of $5.59. Revenue came in at $26B in the quarter,boosted by data center revenue, which made up most of the firm's profit, coming in at $22.5B. ...