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$SMMT

5 articles found
2 positive
3 negative
0 neutral
BenzingaBenzinga··Nabaparna Bhattacharya

Tech Selloff Intensifies: Roblox, Spotify, Robinhood Lead Large-Cap Rout

Multiple large-cap stocks including Roblox, Spotify, and Robinhood tumbled last week on earnings misses and weak guidance, with Rambus down 28% leading a broad tech sector selloff.
HOODAGIRBLXCHKPSPOT+5fintechmarket decline
BenzingaBenzinga··Piero Cingari

Apple's Earnings Blowout Lifts S&P 500, Nasdaq to Records Amid Tech Rally

Apple's strong Q2 earnings powered U.S. equities to all-time highs Friday, with S&P 500 and Nasdaq 100 advancing on broad tech rally, though energy declined.
AMGNNVDAMSFTAMZNGOOG+19S&P 500software stocks
BenzingaBenzinga··Nabaparna Bhattacharya

Quantum, Nuclear, and Fintech Surge: Ten Large-Caps Rally on Sector Tailwinds

Large-cap stocks rallied sharply April 13-17, with IonQ (+62.86%), Oklo (+33.35%), and Robinhood (+33.22%) leading gains driven by DARPA contracts, nuclear momentum, and crypto strength.
OKLOAFRMIONQIONQ.WSRVMD+11cryptocurrencynuclear power
BenzingaBenzinga··Piero Cingari

Wall Street Hits Records as Ceasefire Hopes and Oil Surge Drive Market Higher

U.S. equities reached all-time highs Thursday as ceasefire news boosted sentiment. Oil surged on Iran tensions while tech stocks rallied.
NFLXMETAMSFTAAPLCCL+13energy sectorS&P 500
The Motley FoolThe Motley Fool··Prosper Junior Bakiny

Two Biotech Stocks Poised to Outpace Summit Therapeutics Amid FDA Uncertainty

Summit Therapeutics faces FDA decision on ivonescimab by November 2026 amid efficacy concerns, while Axsome and Madrigal positioned for outperformance.
AXSMMDGLSMMTregulatory riskFDA approval