Bank of America cautioned that the momentum rally driven by artificial intelligence may be waning, highlighting increasing risks related to monetisation and commodification that could exert pressure on corporate earnings and equity markets worldwide. In a European equity strategy note, BofA indicated that the AI capital expenditure boom has generated “a macro and market environment Read More
Following a steep decline in IT and chipmaker equities over the past two sessions, S&P and Nasdaq futures saw an improvement on Wednesday. Additional insights into the artificial intelligence trade could be revealed in the next earnings report from memory semiconductor manufacturer Micron. At 0551, the S&P 500 Futures had risen 0.16 points, reaching 7,377 Read More
Global chip stocks experienced a significant decline on Tuesday, as a widespread selloff in technology shares propagated from Asia to Europe, posing a risk of pulling Wall Street down at the opening. This downturn was driven by increasing apprehensions regarding inflated AI valuations and the potential for elevated U.S. borrowing costs. In South Korea, memory Read More
Stock futures advanced on Thursday, following a significant decline in major indexes the previous day, as traders appeared to minimise the impact of the recent tensions between the U.S. and Iran. Meanwhile, Oracle shares experienced a decline due to higher-than-anticipated expenditures in data centers, while other stocks associated with AI saw an increase. Futures for Read More
Stock futures increased on Tuesday as shares of AI chipmakers maintained their upward trajectory, while oil futures declined amid optimism regarding a potential resolution to the U.S.-Iran conflict. Futures for the Nasdaq 100, S&P 500, and Dow Jones Industrial Average indicated increases of 0.8%, 0.5%, and 0.3%, respectively, in the latest trading session. Yesterday, the Read More
Stock futures opened the week on a mostly positive note following a decline in major indexes on Friday, despite a spike in oil prices due to escalating tensions between Iran and Israel. Futures for the Nasdaq 100 and S&P 500 indicated an increase of 0.6% and 0.3%, respectively, whereas futures for the Dow Jones Industrial Read More
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 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
Stock futures experienced a decline on Thursday as oil prices saw a resurgence, driven by diminishing expectations for a peace agreement between the U.S. and Iran. Meanwhile, investors were assessing Nvidia’s most recent quarterly performance. Futures for the Nasdaq 100, S&P 500, and Dow Jones Industrial Average experienced declines of 0.5%, 0.4%, and 0.3%, respectively, Read More
Stock futures rose on Wednesday, as investors anticipated the quarterly results from the leading AI firm Nvidia. Meanwhile, oil prices experienced a decline, and 10-year Treasury yields also decreased, although they remain near 16-month highs. Futures for the Nasdaq 100, S&P 500, and Dow Jones Industrial Average recorded gains of 0.7%, 0.3%, and 0.2%, respectively, Read More
