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Latest Stock Market Updates

NXP Semiconductors Stock Jumps 26 Percent on Massive Earnings Beat

Key Points: NXP Semiconductors shares surged 26 percent on Wednesday to mark its best trading day since going public in 2010. The Dutch chipmaker crushed expectations by posting adjusted earnings of $3.05 per share on $3.18 billion in total revenue. Chief Executive Officer Rafael Sotomayor expects data center revenue to jump from $200 million last year to over $500 million in 2026. Top Wall Street...

Wall Street Slips as Trump Extends Iran Blockade and Tech Earnings Loom

Key Points: Wall Street dipped slightly as investors navigated rising tensions with Iran and prepared for massive technology earnings. Experts expect the Federal Reserve to hold interest rates steady at 3.50%-3.75% at Jerome Powell's final meeting as chair. Alphabet, Amazon, Meta, and Microsoft plan to release earnings reports with a heavy focus on their artificial intelligence spending. President Donald Trump ordered an extended naval blockade...

Goldman Sachs Raises Inflation Forecasts as Iran War Keeps Oil Prices High

Key Points: Goldman Sachs raised its core inflation estimate to 2.6% for the end of the year due to high oil prices. The ongoing closure of the Strait of Hormuz continues to disrupt one-fifth of the global crude oil supply. Analysts predict Brent crude will average $100 per barrel this spring before falling to $90 by the fourth quarter. President Donald Trump rejected a recent...