Oracle Corporation’s shares jumped nearly 8% in mid-day trading on Friday as investors reacted positively to news of a potential U.S. TikTok transaction and new fundraising discussions at OpenAI. Reports indicated that ByteDance has consented to divest over 80% of TikTok’s U.S. operations to a consortium comprising Oracle, Silver Lake, and Abu Dhabi-based MGX. This Read More
Stock futures pointed higher on Friday after the previous session saw the blue-chip Dow Jones Industrial Average and the benchmark S&P 500 snap four-day losing streaks, supported by encouraging inflation data. Nasdaq 100 futures and S&P 500 futures rose 0.2% and 0.1% respectively, while Dow-linked futures dipped by less than 0.1%. On Thursday, the Nasdaq Read More
Nasdaq futures indicated an upward trajectory in anticipation of the postponed Consumer Price Index data on Thursday, while the blue-chip Dow Jones Industrial Average and the benchmark S&P 500 sought to break a four-session streak of losses. Futures linked to the tech-heavy Nasdaq, S&P 500, and Dow experienced increases of 0.8%, 0.5%, and 0.2%, respectively. Read More
Nasdaq futures indicated an upward trajectory on Wednesday, following an unforeseen increase in the unemployment rate that resulted in declines for the Dow Jones Industrial Average and S&P 500 for the third consecutive session. Futures linked to the tech-heavy Nasdaq, the benchmark S&P 500, and the blue-chip Dow experienced increases of 0.5%, 0.4%, and 0.2%, Read More
Nasdaq Futures for stocks indicated a downward trajectory on Tuesday, as market participants awaited a long-overdue U.S. employment report, with shares linked to artificial intelligence exerting pressure on the principal equity indices. Futures linked to the tech-heavy Nasdaq, the benchmark S&P 500, and the blue-chip Dow Jones Industrial Average experienced declines of 0.2%, 0.1%, and Read More
Nasdaq futures indicated a significant upward movement, while gold approached its historical peak as the final full trading week of the year commenced. Futures linked to the blue-chip Dow Jones Industrial Average, the benchmark S&P 500, and the tech-heavy Nasdaq all experienced an increase of approximately 0.5%. On Friday, the three major stock indexes experienced Read More
UBS indicated in a recent communication to clients that the perspective for U.S. equities continues to be positive, bolstered by a robust economy, reduced interest rates, and sustained momentum in artificial intelligence investment. In a note from David Lefkowitz, the bank reaffirmed its “Attractive view on US equities,” stating that “the backdrop for US stocks Read More
On Friday, Nasdaq futures exhibited a mixed performance, with the Dow Jones Industrial Average experiencing an uptick and the S&P 500 registering a slight decline following their respective record closings. In contrast, the Nasdaq indicated a significant downturn as concerns over the AI bubble prompted a continued decline in technology shares. Futures linked to the Read More
Major stock indexes concluded the trading session on Thursday with a mixed performance. The Dow Jones Industrial Average and S&P 500 achieved record highs, while the Nasdaq experienced a decline, influenced by Oracle’s results which negatively impacted shares associated with AI. The Dow surged 1.3%, or nearly 650 points, to set a new closing record Read More
Nasdaq futures indicated a modest decline on Wednesday ahead of the Federal Reserve’s decision regarding interest rate adjustments, as financial markets largely anticipate a reduction of a quarter-percentage point. Futures linked to the tech-heavy Nasdaq, the blue-chip Dow Jones Industrial Average, and the benchmark S&P 500 indicated declines of 0.2%, 0.1%, and 0.1%, respectively. On Read More
