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NEW YORK (Reuters) - Wall Street gained ground again on Wednesday, with chipmakers and financials he

* Healthcare sector rises over 1%, utilities, staples gain * Cyclical areas off: Energy, materials,

Fed keen to be "well positioned" to act on inflation - minutes Dow up 0.3%, S&P 500 up 0.3%, Nasdaq

Chipmakers Micron Technology Inc. and Advanced Micro Devices Inc. have joined Clover Health Investments Corp. and SoFi Technologies Inc. as the stocks seeing the highest interest on Reddit’s r/WallStreetBets forum.What Happened: Micron emerged as the most-discussed stock on the forum with 525 mentions and was followed by medical insurance technology company Clover Health with 495 mentions during the last 24 hours at press time, data from Quiver Quantitative showed.AMD took the third spot with 4

Nvidia Corp.’s $40 billion proposed acquisition of U.K. semiconductor group Arm Ltd.got a boost after three of the world’s largest chipmakers expressed support for the controversial deal.Broadcom Corp.,MediaTek Inc.and Marvell Technology Group Ltd. are the first customers of the Cambridge, U.K.-based Arm to publicly support the takeover, which has raised concerns on national security grounds, the Sunday Times reported.The endorsement comes as the U.K. Competition and Markets Authority prepares t

Apple undoubtedly is a great company, with a strong brand, excellent margins, and fundamentals, a fortress balance sheet, and massive shareholder returns.Being a great company does not mean that the stock must be a great buy. However, valuations are significantly higher than they were historically.I believe that some of the other FAANG stocks are better, while others are worse. AAPL seems like a solid, but not a spectacular investment at today's valuation.At 26-64x this year's expected net profi

Buy Now, Pay Later services gain ground among young consumers Regulator’s media blitz warns of risks