In sharp contrast to the semiconductor sector, chip giant Intel (INTC) has struggled in 2020. While the PHLX Semiconductor Sector Index (SOX) - the industry’s overall barometer - has added 20% of gains year-to-date, INTC shares have declined by 16%. The sharp drop is mostly on account of investors disappointment in delays to the release of the company's next-generation 7nm chips, which have been moved back to 2022. Intel was already struggling to keep up with other high-flying semiconductor p...

Today we've got an analyst report for you that is neither an upgrade nor a downgrade -- but more of a doubling down on a previous buy rating.Two weeks ago, as you may recall, Deutsche Bank analyst Jeffrey Rand initiated coverage of streaming media play Roku (ROKU) with a Buy rating and a $185 price target. Roku stock hasn't hit $185 just yet, but it is up 10% since that initiation so -- so far, so good.Yesterday, Wednesday, the analyst did his best to keep that momentum going, releasing a fol...

(Bloomberg) -- Fear gauges for the S&P 500 and Nasdaq 100 indexes may be providing reasons for caution about the rally in U.S. stocks.The S&P 500 and Nasdaq 100 scaled new peaks Wednesday, but their respective measures of implied volatility also rose in tandem. Simultaneous increases in equity and volatility gauges are unusual, and a reason for concern for some. The pattern was repeated for the S&P 500 on Thursday.Wednesday was the first time in about two decades the Cboe Volatility Index -- ...

(Bloomberg) -- A rare show of investor confidence in European unity is boosting the region’s stocks and currency at the same time, but equities’ good fortune could take a hit if the euro keeps climbing toward a pain threshold seen around $1.30, according to a Bloomberg survey.There is still some way before the single currency could reach the level that will pose a threat to the region’s earnings recovery, according to the majority of the 24 strategists and fund managers polled. However, the e...

U.S. technology giants are increasingly dominating the stock market in the midst of the coronavirus pandemic, even as they draw accusations of unfair business practices, and some investors fear the pump is primed for a tech-fueled sell-off. The combined value of the S&P 500's five biggest companies - Apple Inc , Amazon.com Inc , Microsoft Corp , Facebook Inc and Google parent Alphabet Inc - now stands at more than $7 trillion, accounting for almost 25% of the index's market capitalization.

The Indian rupee rose to its highest level in nearly six months on Friday, gaining for a third straight session, with traders saying the central bank refrained from currency intervention as foreign investors piled into equity markets. The currency had been trading in a tight range until this week, as the Reserve Bank of India was seen regularly buying dollars via state-run banks to prevent a sharp appreciation in the rupee. The partially convertible rupee ended Friday at 73.3850 per dollar,...

(Bloomberg) -- Sheldon Adelson’s Las Vegas Sands Corp. is exploring the sale of its casinos in Las Vegas, according to people with knowledge of the matter, a move that would mark the mogul’s exit, for now, from the U.S. gambling industry.The world’s largest casino company, Sands is working with an adviser to solicit interest for the Venetian Resort Las Vegas, the Palazzo and the Sands Expo Convention Center, which together may fetch $6 billion or more, said the people, who asked to not be ide...

(Bloomberg) -- Tensions flared in bankruptcy court Monday over J.C. Penney Co.’s proposed sale to its lenders and landlords, with one lawyer alleging a dissenting creditor group is waging “economic terrorism” in search of a payout.Those creditors, led by Aurelius Capital Management, hold J.C. Penney term loans and other debt. They’ve submitted a competing proposal to buy the retailer’s real estate while still allowing mall owners Simon Property Group Inc. and Brookfield Property Partners take...

Stock futures opened flat to slightly higher Monday evening after a selloff on Wall Street pushed the Dow and S&P 500 to their biggest one-day drops in more than a month.

A big reason for Monday's stock selloff, according to Gary Cohn, is the “100% percent probability” that we are not going to have fiscal stimulus before an election.