U.S. stock index futures edged higher in pre-market trading, positioning the S&P 500 for another run at record highs following encouraging wholesale inflation data. As of writing, Nasdaq 100 futures (SEP6) ticked up 0.19%, S&P 500 futures gained 0.25%,...
The AI boom faces a challenge money alone cannot solve: a severe compute shortage that threatens to constrain industry growth for years. While markets recently panicked over "compute overcapacity" and unsustainable AI capital expenditure, Morgan Stanley strate...
U.S. equities finished mixed on Wednesday as cooling July inflation supported growth stocks, lifting the S&P 500 and Nasdaq, while the Dow posted a third straight decline. The CPI rose 3.4% year over year, easing from 3.5% in June and matching expectations...
In recent years, the labor force participation rate among Americans aged 55 and older has drifted steadily lower. A recent analysis by Bank of America points out that the sustained surge in U.S. equities has generated a strong wealth effect, with expanding por...
U.S. equities closed lower for a second session as Middle East risks kept oil prices elevated. The Dow fell 0.34% to 53,791.85; the S&P 500 declined 0.32% to 7,728.20; and the Nasdaq dropped 0.60% to 26,445.45. WTI rose 1.30% to $83.20 and Brent gained 1.3...
With early signs of progress emerging around the reopening of the Strait of Hormuz, all three major U.S. stock index futures edged higher in pre-market trading. As of writing, Nasdaq 100 futures (SEP6) rose 0.37%, S&P 500 futures gained 0.16%, and Dow futu...
Escalating market anxieties over AI capital expenditure and the demand outlook for semiconductors drove foreign investors to net sell Asian equities for a ninth consecutive month in July, with Taiwan and South Korea enduring the heaviest sell-offs. AI Fears Sp...
Gold prices are standing on the precipice of a major rally. Scott Rubner, Head of Equity and Equity Derivatives Strategy at Citadel Securities, described the current market environment as one of the most compelling upside opportunities for precious metals in r...
U.S. equities closed lower on Monday as stalled U.S.-Iran talks sent oil prices surging 5%+. The Dow fell 0.11% to 53,975.98; the S&P 500 slipped 0.06% to 7,753.11; the Nasdaq declined 0.32% to 26,605.36. Cleveland Fed President Hammack’s hawkish rem...
Following the S&P 500's record-high close last Friday, U.S. stock index futures remained muted in Monday's pre-market trading. Market focus has shifted to the U.S. inflation data due later this week, while investors also keep a cautious eye on fresh develo...
Global tech sector volatility has surged to its highest level since the dot-com bubble burst as investors reassess the long-term cash flow sustainability of AI-driven hyperscalers and semiconductor companies, according to a new report from UBS’s HOLT res...
Bank of America has issued its latest warning that the U.S. stock market bull run could encounter its next major hurdle in the final months of the year. In a recent research note, a team of BofA strategists led by Michael Hartnett highlighted a risk of a "shar...
U.S. equities closed broadly higher on Friday, with the S&P 500 setting a new all-time closing high. A weaker-than-expected July nonfarm payrolls report drove rate-hike odds to 44%, easing a key market overhang. The Dow gained 151.83 points, or 0.28%, to 5...
All eyes turn to the release of the U.S. nonfarm payrolls report this Friday. Economists and Federal Reserve officials will scrutinize the print to gauge the underlying health of the American economy. June data released last month signaled that job growth was...
U.S. stocks fell across the board on Thursday as Iran released a restrictive Hormuz draft framework, sending oil prices surging and reversing earlier optimism. The Dow dropped 464.02 points, or 0.85%, to 53,885.10. The S&P 500 slipped 0.18% to 7,710.02, wh...
SoftBank Group reported its first-quarter earnings for the new fiscal year on Thursday (August 6), delivering net profit that topped market estimates, driven primarily by strong investment returns on its Intel holding. Net profit for the June quarter reached 3...
U.S. stock index futures diverged on Thursday as market anxieties over the "AI trade" returned to the fore. European equities opened generally higher across the board. Tech shares faced widespread selling pressure following earnings releases from SanDisk and W...
SpaceX released its maiden post-IPO earnings report on Tuesday, but the release failed to instill market confidence. By Wednesday's close, SpaceX shares plummeted 13.6% to $108.27, falling nearly 20% below its June 12 IPO price and hitting a new all-time low....
U.S. stocks closed mixed on Wednesday as Hormuz optimism kept the Dow at a fresh record high, while post-earnings selloffs in SpaceX and AMD weighed on the Nasdaq. The Dow rose 263.24 points, or 0.49%, to 54,349.12. The S&P 500 slipped 0.17% to 7,723.55, w...
Following the release of its maiden post-IPO earnings report on Tuesday after the bell, SpaceX shares dropped 7.46% in extended trading. Now, investors face their next hurdle: on Thursday, up to 912 million restricted shares held by employees and other pre-IPO...
