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Wall Street faced a turbulent day as investors reacted to Federal Reserve Chair Jerome Powell’s recent commentary. The central bank signaled that it would be less aggressive in cutting interest rates than previously anticipated, causing a wave of concern across financial markets.

In a whirlwind of stock market movements, several major companies experienced dramatic shifts in premarket trading. Here’s what happened: Micron Technology suffered a significant drop, sliding nearly 13% after the chipmaker’s second-quarter outlook disappointed investors. Despite hitting first-quarter revenue expectations and surpassing

In a noteworthy move by Millennium Management, the hedge fund steered by Israel Englander decided to shake things up significantly in its portfolio. During the third quarter, Englander’s fund drastically reduced its holdings in Apple Inc., selling 11.5 million shares—equating to a

Tech stocks have been making headlines in 2024, yet Advanced Micro Devices (AMD) seems to be lagging behind. Despite its immense potential, AMD’s shares have dipped 15% this year, hovering near their 52-week low. But could this downturn be a golden opportunity