ON Semiconductor Stock Watch: Cramer Flags AI Demand and Revised Synaptics Deal
ON Semiconductor posted $1.60 billion in quarterly revenue and a $123-per-share revised Synaptics deal, prompting Jim Cramer to reconsider the chipmaker’s recovery case.
Oil Prices Dip as Trump Signals No Iran Strike, But Hormuz Attacks Continue
Brent crude falls to $103.53 after Trump cites productive Iran talks, even as new tanker strikes near the Strait of Hormuz keep energy markets on edge.
Tower Semiconductor Bets on AI Data Centers With New 6.4T Optical Chip Deal
Tower Semiconductor and NewPhotonics begin shipping AI-ready optical chips built for 800G-to-1.6T data centers, with 6.4T production targeted for 2027.
Wall Street Edges Higher as Nvidia, Micron Rally; Earnings Season Looms
US stocks posted modest gains Friday with Nvidia up 1.4% and Micron up 1.7%, while Tutor Perini crashed 81% and Apple slid 2.6% ahead of bank earnings.
Who Wins and Who Loses as Interest Rates Stay Higher for Longer
With T-bills above 4%, mortgage rates near 7.5% and auto loans over 7%, rising interest rates are reshaping household budgets, savings and government debt costs.
US Stock Bull Market Nears Fourth Birthday, But Rally’s Narrowness Worries Investors
The S&P 500 is up 117% since October 2022, but the equal-weighted index has trailed by 52 percentage points, the widest gap in decades, raising concentration risk.
Gold Jumps Over 1% to $4,190 as Oil Eases and Dollar Softens
Spot gold rose 1.4% to $4,189.99 an ounce as cooling oil prices and a weaker dollar fuel bets on a Fed rate pause, with platinum and palladium up over 3%.
Trump Holds Off on Iran Strike as Oil Flows Hit Record 22 Million Barrels
Trump rules out military action against Iran before November 3 midterms as oil prices top $100 a barrel and gas costs rise over $1 a gallon since the conflict began.
Stocks Slide as Oil Tops $104 and 10-Year Yield Hits 24-Year High of 5.29%
Amazon, Tesla, Nvidia and chipmakers fall as Brent crude jumps 4.2% and Treasury yields climb to levels unseen since 2002, reviving inflation fears before earnings season.
Trump Blasts Fed Over Mortgage Rates, Says Policymakers Want Economy to ‘Do Badly’
President Trump criticized the Federal Reserve over elevated mortgage rates, while Treasury Secretary Bessent pointed to an energy shock from the Iran conflict as the real driver of inflation.