U.S. stocks traded higher midway through trading, with the Nasdaq Composite jumping more than 300 points on Friday.The Dow traded up 1.82% to 43,111.11 while the NASDAQ rose 1.77% to 19,714.27. The S&P 500 also rose, gaining, 1.76% to 5,970.36.Check This Out: Jim Cramer Likes Walmart, Recommends Buying This ‘Very, Very Good’ Financial StockLeading and Lagging SectorsReal estate shares jumped by 2.6% on Friday.In trading on Friday, consumer staples shares rose by just 0.6%.Top HeadlineThe U.S. personal consu ...

Traders work at the New York Stock Exchange on Dec. 17, 2024.The S&P 500 and the Nasdaq-100 indexes get new members added and old ones kicked out on Friday in a quarterly rebalancing mostly based on companies' adjusted market capitalization. Years ago, these index reconstitutions had very little impact on trading. Not anymore. The explosion of index-based ETFs has changed all that. Today, roughly $16 trillion is indexed to the S&P 500. The largest Nasdaq-100 ETF (QQQ), has $321 billion in assets, and the In ...

This data center play has been a star performer over the past couple of years and shows no signs of slowing.The Nasdaq Composite has been on an epic run over the past couple of years, driven higher by the recovering economy, the rapid adoption of artificial intelligence (AI), an undisputed U.S. Presidential election, and two recent interest rate cuts by the Federal Reserve Bank. After the tech-centric index surged 43% in 2023, it's up roughly 34% so far this year (as of this writing). History suggests there ...

The CNN Money Fear and Greed index showed a decline in the overall market sentiment, with the index in the “Extreme Fear” zone on Thursday.U.S. stocks settled mixed on Thursday, with the Dow Jones index ending its longest losing streak since 1974 during the session.All the major indices initially rebounded at the start of the session, with the 30-stock index gaining more than 460 points, but they pared gains as the session went on.Micron Technology, Inc. MU shares dipped over 16% on Thursday after the compa ...

MCLEAN, Va., Dec. 19, 2024 /PRNewswire/ -- Primis Financial Corp. (NASDAQ: FRST) ("Primis" or the "Company"), today announced that the board of directors of the Company (the "Board") approved a stock repurchase program for up to 740,600 of the outstanding shares of the Company's common stock (the "Stock Repurchase Program"). The Stock Repurchase Program will begin on December 19, 2024 and conclude on December 19, 2025, subject to the earlier termination or extension of the Stock Repurchase Program by the Bo ...

Company Overview - Phio Pharmaceuticals Corp is a clinical-stage biotechnology company developing therapeutics using its INTASYL® siRNA gene silencing technology to enhance the immune system's ability to kill cancer cells [9] - The company's lead clinical program, PH-762, is an INTASYL compound targeting PD-1 and is being evaluated in a Phase 1b trial for treating skin cancers including cutaneous SCC, melanoma, and Merkel cell carcinoma [10] Financing Activity - The company announced a $1.15 million registered direct offering of 437,192 shares of common stock at $2.635 per share [2][3] - Concurrently, the company will issue unregistered warrants to purchase up to 437,192 shares of common stock at $2.51 per share, exercisable immediately and expiring in five years [3] - H C Wainwright & Co is acting as the exclusive placement agent for the offering [4] - The net proceeds will be used for working capital and general corporate purposes [4] Regulatory Information - The common stock offering is made pursuant to a shelf registration statement on Form S-3 filed with the SEC on May 20, 2024 and effective July 1, 2024 [5] - The warrants and underlying shares are being issued in a private placement under Section 4(a)(2) of the Securities Act and Regulation D, and are not registered under the Securities Act or state securities laws [6]

Berkshire Hathaway Chairman Warren Buffett is a value investor at his core. Value investing involves finding stocks trading below their intrinsic value and buying them at a discount. While the concept often sounds like a no-brainer, value investing is much more difficult than it sounds because many stocks are on sale for a reason. Investors will grapple over whether a stock is truly of value or whether it's a value trap.One equity holding in Berkshire's portfolio has found itself in the middle of this very ...

This stock-split stock can surge in line with broader market optimism.The U.S. stock market has been on a winning streak in 2024, with the technology-heavy Nasdaq Composite index topping the 20,000 mark. A major part of this rally can be attributed to the rapid adoption of artificial intelligence (AI) across industries and functions.The AI wave is far from over. Enterprises worldwide are increasingly shifting their focus from AI-optimized infrastructure to complex AI applications.Historically, major technol ...

The ProShares UltraPro QQQ TQQQ, which provides triple-leveraged exposure to the Nasdaq-100 Index, fell some 10.81% to $82.09 Wednesday after the Federal Reserve's December meeting.What To Know: The ETF is sensitive to bullish sentiment in tech stocks, which struggled amid concerns over the Fed's cautious outlook on monetary easing.While the Fed reduced the federal funds rate by 25 basis points to a range of 4.25%-4.5%, projections for only two additional rate cuts in 2025 dampened investor enthusiasm.Read ...

The year 2024 represented the best and worst of times for Super Micro Computer (SMCI 1.08%). The server maker started the year with a bang, reporting triple-digit revenue growth, thanks to demand from artificial intelligence (AI) customers. In fact, Supermicro's quarterly revenue this year surpassed annual revenue as recently as 2021. The company also went on to reach other important milestones, such as winning invitations to join the S&P 500 and the Nasdaq 100.All of this helped Supermicro soar 1,200% in j ...