US stocks closed sharply higher on Tuesday, led by a strong rebound in semiconductor shares as investors looked past geopolitical tensions in the Middle East and focused on the upcoming wave of Big Tech earnings reports. The Dow Jones Industrial Average rose 384.46 points, or 0.74%, to close at 52,223.72. The S&P 500 gained 0.86%
Novo Nordisk has filed a lawsuit against Eli Lilly (LLY) in a US federal court, accusing its rival of running false and misleading advertising campaigns for its blockbuster diabetes and weight-loss drugs. The lawsuit, filed Tuesday in the US District Court for the District of New Jersey, alleges that Eli Lilly and Lilly USA violated
US-listed shares of Taiwan Semiconductor Manufacturing Co. rose nearly 4% in pre-market trading on Tuesday after a report said the world’s largest contract chipmaker has finalized plans to increase chipmaking prices next year. According to a Nikkei Asia report, TSMC has completed discussions with customers on base-price increases ranging from 5% to 10% for both
Celestica stock has moved into a bear market, mirroring the performance of other artificial intelligence (AI) companies. CLS dropped to $307 in New York, down by over 35% from its highest level this year. This retreat will be put to the test when the company publishes its financial results next week. Celestica stock in focus
BitMine’s stock price has rebounded over the past few days, hovering near its highest level in more than a month. BMNR has surged 32% from its year-to-date low, with the recovery gaining momentum as investors anticipate the company’s transition from a cash-burning business into a potential free cash flow machine. BitMine has continued to accumulate
US stocks opened higher on Tuesday, led by a rebound in semiconductor stocks, as investors shifted their focus toward upcoming Big Tech earnings while continuing to monitor developments in the conflict between the United States and Iran. The Dow Jones Industrial Average gained 234 points, or 0.45%, while the S&P 500 advanced 0.58%. The Nasdaq
For years, crypto platforms and traditional brokerages have existed in parallel worlds. Investors who wanted exposure to both digital assets and US equities typically needed separate accounts, separate funding rails, and separate portfolio management tools. Bitget’s Stocks 2.0 initiative is an attempt to close that gap. Launched in June 2026, Stocks 2.0 expands Bitget’s equity
Adobe ADBE shares fell sharply in trading on Tuesday after Morgan Stanley downgraded the creative software maker, warning that multiple strategic transitions are unfolding simultaneously and could complicate its ability to return to stronger growth. The investment bank lowered its rating on Adobe from Equal-weight to Underweight and slashed its price target by more than
Artificial intelligence has become the defining investment story of the decade, propelling companies like Nvidia, Broadcom, and Micron to record valuations while helping drive the S&P 500 to successive highs. But every transformative technology has, at some point, been accompanied by concerns that optimism has run too far. That question formed the basis of the
London’s FTSE 100 edged lower on Monday as escalating tensions between the United States and Iran raised concerns over shipping through the Strait of Hormuz. Investors also turned their attention to Britain’s political transition as Andy Burnham prepared to take office as the country’s new prime minister. The blue-chip FTSE 100 index fell 0.5% to