Tech stocks experienced a notable decline on Friday, following a robust jobs report that accelerated the sell-off in AI stocks initiated the previous day. The Nasdaq Composite experienced a decline exceeding 4%, marking its most significant daily drop since the “Liberation Day” of last April. The market’s most significant gainers thus far this year were, Read More
Stock futures indicated a downward trend on Friday in anticipation of the forthcoming U.S. jobs report for May. Tech stocks experienced a decline for the second consecutive day, negatively impacting the S&P 500’s prospects of achieving a 10th consecutive weekly gain. Futures for the Nasdaq 100 and S&P 500 experienced declines of 1.0% and 0.4%, Read More
Stock futures indicated a predominantly downward trend on Thursday, following a previous day when major indexes concluded their five-session run of closing at record highs, as shares of Broadcom and other AI chip manufacturers experienced declines. Futures for the Nasdaq 100 and S&P 500 experienced declines of 1.3% and 0.5%, respectively, whereas futures for the Read More
Stock futures exhibited a mixed performance on Wednesday following the recent record closures of the three major U.S. equities indexes. This comes in the wake of rising oil prices, triggered by a series of military strikes exchanged between the U.S. and Iran. Futures for the Dow Jones Industrial Average and S&P 500 indicated declines of Read More
Nasdaq futures declined on Tuesday, following the previous day’s achievement of new intraday and closing record highs by the three major U.S. equities indexes. However, Hewlett Packard Enterprise and Marvell Technology appeared to be positioned for significant gains. Futures for the Dow Jones Industrial Average, S&P 500, and Nasdaq 100 indicated declines of 0.4%, 0.2%, Read More
Stock futures experienced an uptick on Monday, marking the beginning of a new month of trading, following the conclusion of May when major indexes reached record highs. The latest surge in tech stocks was fuelled by the announcement that Nvidia is venturing into the PC business. Futures for the Dow Jones Industrial Average, S&P 500, Read More
The IPO boom that investors have been anticipating appears to be evolving into a supernova. Anthropic this week surpassed OpenAI, the creator of ChatGPT, to become the most valuable frontier AI laboratory in the United States, following the announcement of a funding round that valued it at $965 billion, more than double its valuation from Read More
Nasdaq Futures advanced Friday, the final day of a strong month for major indexes, as oil prices declined on optimism regarding a potential peace agreement between the U.S. and Iran. Futures for the Dow Jones Industrial Average, S&P 500, and Nasdaq 100 indicated increases of 0.2%, 0.1%, and 0.1%, respectively, in recent trading. The Nasdaq Read More
Stock futures indicated a downward trend in anticipation of a significant inflation report, coinciding with an increase in oil prices on Thursday. This comes a day after the three major U.S. equity indexes achieved record closing levels. Futures for the Nasdaq 100, S&P 500, and Dow Jones Industrial Average indicated declines of 0.4%, 0.3%, and Read More
Stock futures increased on Wednesday, following the previous day’s establishment of new records by the benchmark S&P 500 and the tech-centric Nasdaq Composite, as semiconductor shares maintained their upward trajectory and oil futures experienced a downturn. Futures for the Nasdaq 100, Dow Jones Industrial Average, and S&P 500 exhibited increases of 0.6%, 0.4%, and 0.3%, Read More
