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...
U.S. equities closed broadly higher on Tuesday, driven by strong AI earnings and growing optimism over Middle East de-escalation. The Dow and S&P 500 both set new closing highs. The Dow surged 907.47 points, or 1.71%, to 54,085.88. The S&P 500 gained 1...
SpaceX's maiden post-IPO quarterly earnings report is shaping up to be one of the most highly anticipated Wall Street events this summer. However, whether the print will be enough to lure investors back into the battered stock remains an open question. Accordi...
For months, massive capital expenditures have served as a central pillar of the AI-driven market rally, with tech giants committing hundreds of billions of dollars to the sector this year. However, the sheer size of these investments is triggering growing mark...
U.S. equities rallied broadly on Monday as easing U.S.-Iran tensions drove oil prices and Treasury yields lower. The Dow set a new closing high at 53,178.17, up 1.32%. The S&P 500 gained 1.48% to 7,600.48, and the Nasdaq surged 2.13% to 25,913.90. Trump sa...
U.S. stock index futures pushed higher on Monday, with Dow futures advancing over 1%, after President Donald Trump called off planned military strikes against Iran, sending crude oil prices tumbling. Major European benchmarks mostly traded higher. Trump announ...
Ben Snider, Chief U.S. Equity Strategist at Goldman Sachs Research, argued in a recent note that investors should not mistake recent volatility in artificial intelligence equities for the onset of a broader market collapse. Snider noted that while momentum-dri...
Following heavy tech volatility in July, markets are looking to see if the first week of August can sustain the stabilizing momentum built during the final two days of last week. The market faces July U.S. nonfarm payrolls alongside SpaceX’s maiden earni...
Despite Apple's post-earnings selloff and a pullback in AI darlings like Micron, U.S. markets staged a dramatic V-shaped recovery on Friday, with all three major indices closing in the green. Amazon surged 15.32%, adding $389B in market cap on fastest cloud gr...
U.S. stock index futures pushed higher on Friday, buoyed by optimistic second-quarter results from Amazon, with Nasdaq 100 futures advancing roughly 0.8%. European markets similarly moved upward in tandem. Amazon surged over 10% in pre-market trading after del...
SpaceX is scheduled to report its first quarterly earnings as a public company next Tuesday. Morgan Stanley warned in a recent note that the company is approaching its "most dangerous moment." SpaceX shares debuted on June 12 at an IPO price of $135, subsequen...
Asian equities posted a historic comeback on Friday, led by a violent rally across South Korean and Japanese semiconductor names. Reversing three consecutive sessions of heavy liquidation, the benchmark KOSPI index soared as much as 17% intraday—marking...
Microsoft +15.51% sets the largest single-day market cap gain in U.S. history at $449.7B / Citadel swoops in to acquire Situational Awareness fund positions, averting a margin call cascade / SanDisk +25.99% / Philly Semi +8.19% / Amazon AH +10% on fastest clou...
U.S. stock index futures pushed higher on Thursday, with Nasdaq 100 futures surging over 1% following a sharp post-earnings rally in Microsoft and a broad rebound across semiconductor equities. European benchmarks tracked the optimism, trading solidly in the g...
China A-Shares At the close, the Shanghai Composite Index fell 0.62% to 3,804.69 points, the Shenzhen Component Index dropped 2.73% to 13,285.80 points, and the ChiNext Index tumbled 3.97% to 3,244.62 points. Total turnover across the Shanghai, Shenzhen, and B...
From a parabolic surge to a sudden cascade, South Korean equities have seen a dramatic narrative shift over the past month, plunging domestic retail investors into deep distress. Throughout this sharp drawdown, single-stock leveraged ETFs have drawn heavy crit...
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...
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....
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...
SpaceX's maiden post-IPO quarterly earnings report is shaping up to be one of the most highly anticipated Wall Street events this summer. However, whether the print will be enough to lure investors back into the battered stock remains an open question. Accordi...
U.S. equities rallied broadly on Monday as easing U.S.-Iran tensions drove oil prices and Treasury yields lower. The Dow set a new closing high at 53,178.17, up 1.32%. The S&P 500 gained 1.48% to 7,600.48, and the Nasdaq surged 2.13% to 25,913.90. Trump sa...
Ben Snider, Chief U.S. Equity Strategist at Goldman Sachs Research, argued in a recent note that investors should not mistake recent volatility in artificial intelligence equities for the onset of a broader market collapse. Snider noted that while momentum-dri...
Despite Apple's post-earnings selloff and a pullback in AI darlings like Micron, U.S. markets staged a dramatic V-shaped recovery on Friday, with all three major indices closing in the green. Amazon surged 15.32%, adding $389B in market cap on fastest cloud gr...
SpaceX is scheduled to report its first quarterly earnings as a public company next Tuesday. Morgan Stanley warned in a recent note that the company is approaching its "most dangerous moment." SpaceX shares debuted on June 12 at an IPO price of $135, subsequen...
Microsoft +15.51% sets the largest single-day market cap gain in U.S. history at $449.7B / Citadel swoops in to acquire Situational Awareness fund positions, averting a margin call cascade / SanDisk +25.99% / Philly Semi +8.19% / Amazon AH +10% on fastest clou...
China A-Shares At the close, the Shanghai Composite Index fell 0.62% to 3,804.69 points, the Shenzhen Component Index dropped 2.73% to 13,285.80 points, and the ChiNext Index tumbled 3.97% to 3,244.62 points. Total turnover across the Shanghai, Shenzhen, and B...
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...
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...
U.S. equities closed broadly higher on Tuesday, driven by strong AI earnings and growing optimism over Middle East de-escalation. The Dow and S&P 500 both set new closing highs. The Dow surged 907.47 points, or 1.71%, to 54,085.88. The S&P 500 gained 1...
For months, massive capital expenditures have served as a central pillar of the AI-driven market rally, with tech giants committing hundreds of billions of dollars to the sector this year. However, the sheer size of these investments is triggering growing mark...
U.S. stock index futures pushed higher on Monday, with Dow futures advancing over 1%, after President Donald Trump called off planned military strikes against Iran, sending crude oil prices tumbling. Major European benchmarks mostly traded higher. Trump announ...
Following heavy tech volatility in July, markets are looking to see if the first week of August can sustain the stabilizing momentum built during the final two days of last week. The market faces July U.S. nonfarm payrolls alongside SpaceX’s maiden earni...
U.S. stock index futures pushed higher on Friday, buoyed by optimistic second-quarter results from Amazon, with Nasdaq 100 futures advancing roughly 0.8%. European markets similarly moved upward in tandem. Amazon surged over 10% in pre-market trading after del...
Asian equities posted a historic comeback on Friday, led by a violent rally across South Korean and Japanese semiconductor names. Reversing three consecutive sessions of heavy liquidation, the benchmark KOSPI index soared as much as 17% intraday—marking...
U.S. stock index futures pushed higher on Thursday, with Nasdaq 100 futures surging over 1% following a sharp post-earnings rally in Microsoft and a broad rebound across semiconductor equities. European benchmarks tracked the optimism, trading solidly in the g...
From a parabolic surge to a sudden cascade, South Korean equities have seen a dramatic narrative shift over the past month, plunging domestic retail investors into deep distress. Throughout this sharp drawdown, single-stock leveraged ETFs have drawn heavy crit...
