Semiconductor ETF SMH drops 4% as chip rally stumbles
The VanEck Semiconductor ETF (SMH) closed down 4.09% on August 18, erasing much of its recent rebound even as broader...
Stock Market News
Latest stock market news covering equities beyond the Magnificent 7 — sector earnings, IPOs, M&A activity and broader market moves.
Home Depot tops Q2 estimates as comps accelerate despite frozen housing market
Home Depot's fiscal second-quarter revenue and earnings beat Wall Street estimates, with same-store sales accelerating each month of the quarter...
Chip stocks reverse Monday’s rally as Philadelphia Semiconductor Index drops more than 5%, Micron falls more than 7%
Chip stocks reversed Monday's rally on Tuesday, with Micron Technology, Coherent and other semiconductor names posting sharp declines. The Philadelphia...
Klarna Stock Plunges 20% as Guidance Cut Overshadows Profit Beat
Klarna stock plunged 20% in early trading on Tuesday after the buy-now-pay-later firm cut its full-year revenue and volume guidance,...
Appaloosa’s Tepper Trims Micron, Adds to Alphabet and Meta in Q2 Filing
David Tepper's Appaloosa LP disclosed its Q2 2026 13F on Friday, August 14, 2026, showing Amazon as the top holding...
