Chips stocks lead market rally, FuboTV stock soars: Yahoo Finance
US equity markets (^DJI, ^IXIC, ^GSPC) are trending upward after Foxconn's (2317.TW, HNHPF) announcement of record revenue and sales projections sparked a rally in chip stocks. As a key server manufacturing partner for Nvidia (NVDA), Foxconn's performance has boosted investor confidence in AI-driven market growth.
Another stock in focus is FuboTV, with its stock more than doubling in Monday's session. The dramatic surge follows news of a potential merger between the streaming platform and Disney's Hulu+ Live TV division.
Trending tickers on Yahoo Finance today include Taiwan Semiconductor, Super Micro Computer, and Micron Technology.
Key guests include:3:10 p.m. ET John Augustine, Huntington Private Bank, CIO3:30 p.m. ET Jim Paulsen, Paulsen Perspectives Author3:40 p.m. ET Tim Moore, Clear Street, Senior Research Analyst4:05 p.m. ET Amanda Agati, PNC Asset Management Group, CIO4:40 p.m. ET Daryl Fairweather, Redfin, Chief Economist