STORY: U.S. stocks rallied on Friday with the S&P 500 and Dow notching their biggest weekly percentage gains since early November... and the Nasdaq registering its best week since early December.The Dow gained almost eight-tenths of a percent,

Shares of Qorvo Inc. QRVO inched 0.31% higher to $71.91 Monday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index SPX rising 0.16% to 5,836.22 and the Dow Jones Industrial Average DJIA rising 0.86% to 42,297.12. The stock's rise snapped a two-day losing streak.

Barclays analyst Tom O’Malley lowered the firm’s price target on Qorvo (QRVO) to $80 from $90 and keeps an Equal Weight rating on the shares as

The S&P 500 jumped 1.8% on Wednesday, Jan. 15, as several financial firms reported solid results and a downtick in core inflation revived rate-cut hopes.

Shares of both miners rose in London after Bloomberg reported that the companie

Enphase Energy ( ENPH) took the top spot for the most shorted S&P 500 ( SP500) stock as a percentage of float in December. As of Dec. 31, 15.51% of Enphase Energy’s ( ENPH) shares were sold short, compared to 14.76% at the end of November. The energy tech firm notched a sharp decline last year, with shares down -48%.

Shares of chipmaker Qorvo (NASDAQ: QRVO) rallied 13.4% on Friday, as of 1:55 p.m. ET. Qorvo soared on the news that an activist investor had taken a sizable stake in the company. Given that the stock is down about 29% in the last year and activist involvement could lead to shareholder-friendly moves, Qorvo rallied on the news.

U.S. stock indexes are rallying toward the close of their best week in two months. The S&P 500 rose 1.1% Friday.

US stocks ended higher on Friday driven by gains in big tech and chip companies The Dow Jones Industrial Average rose 33470 points or 078 perce

Stocks closed sharply higher Friday, sending the S&P 500 and Dow Jones Industrial Average to their biggest weekly gains since the week of the November presidential election.

The S&P 500 jumped 1% on Friday, Jan. 17, 2025, heading into the long weekend on a high note as prospects rebounded for additional interest-rate cuts in 2025.