U.S.-China trade talks, made urgent by Beijing's export curbs on rare earths, may see the U.S. relent on chip restrictions, Wall Street strategists say.
Cathie Wood argues that AI will create more jobs than it displaces, and predicts a radical change in traditional corporations. Her thesis aligns with ARK Invest's investments in chipmakers and software firms.
Industrial fluid and energy systems manufacturer Graham Corporation (NYSE: GHM)
will be reporting results tomorrow before market open. Here’s what to look for.
Shares of data-mining and analytics company Palantir (NYSE:PLTR)
jumped 6.8% in the afternoon session after the major indices rebounded, as the Bureau of Labor Statistics report revealed a resilient labor market with non-farm payrolls rising by 139,000 in May 2025, significantly above the consensus forecast of 125,000.
Shares of financial services company Robinhood (NASDAQ:HOOD)
jumped 7% in the afternoon session after the major indices rebounded, as the Bureau of Labor Statistics report revealed a resilient labor market with non-farm payrolls rising by 139,000 in May 2025, significantly above the consensus forecast of 125,000.
Shares of fashion conglomerate G-III (NASDAQ:GIII)
fell 18.7% in the afternoon session after the company reported underwhelming first quarter 2025 results: its EPS guidance for next quarter missed analysts' estimates. Sales dropped by 4%, with the company citing supply chain disruptions and timing issues in several programs that pushed volume into the back half of the year.
Shares of non-lethal weapons company Byrna (NASDAQ:BYRN)
jumped 20.5% in the afternoon session after the company reported strong preliminary Q2 2025 results, with sales expected to be roughly $28.5 million, representing a 41% increase from $20.3 million in the fiscal second quarter of 2024. The promising result was attributed to strong early demand for the new Byrna Compact Launcher (CL), which launched on May 1, along with meaningful channel expansion.
Alphawave Semi announces successful tape out of UCIe IP subsystem on TSMC's 2-nm process, supporting 36G die-to-die data rates. This milestone shows readiness for advanced chiplet architectures and future disaggregated SoCs.
In an attempt to alleviate the impact of the U.S.-China trade war, Japan is set to propose a cooperation package to the U.S. at the upcoming tariff negotiations.
