Jerzy Lewandowski

Jerzy Lewandowski

Jerzy Lewandowski is a senior markets editor at TS2.tech. His coverage ranges from stocks and semiconductors to AI and the broader global markets. He studied economics at the University of Warsaw and worked in investment analysis before becoming a financial journalist. Follow Jerzy Lewandowski on Google News.

US equities this week: AI chip slide grabs focus as rest of market holds up

US equities this week: AI chip slide grabs focus as rest of market holds up

U.S. stock markets stayed closed Saturday, so investors looked back on a mixed week. The S&P 500 ended down, but Friday’s internals pointed higher. Advancers led decliners in the S&P 500 by 1.8-1, with 35 stocks notching new highs and only five setting new lows. On the Nasdaq, 263 stocks hit highs while 169 hit lows. Overall U.S. trading volume ran to 30.1 billion shares, topping the 20-day average of 23.1 billion.
Tesla (TSLA) swings lower with June drop wiping out $240 billion in market value

Tesla (TSLA) swings lower with June drop wiping out $240 billion in market value

Tesla, Inc. climbed 1.3% to $380.03 by 2:49 p.m. EDT Friday, bouncing after a volatile session where it flipped from losses to gains and traded between $368.50 and $387.72. That $19.22 swing in Tesla’s share price translated to about $68 billion in value, topping Ford Motor Co. at $57.4 billion and coming in just under General Motors Co. at $72.5 billion. Even a routine move in Elon Musk’s company is pushing around market caps larger than entire carmakers.
1 23 24 25 26 27 38