As the market wrapped up a first half and second quarter marked by geopolitical instability and AI infrastructure investment uncertainty, stock futures steadied on Tuesday. Dow futures rose 0.2% and S&P 500 futures 0.1%. As of 06:09, Nasdaq 100 futures increased 35 points, likewise 0.1%. On Monday, technology stocks recovered from last week’s concerns about Read More
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
S&P 500 and Nasdaq futures experienced a decline on Friday, as technology shares appeared poised for further losses following a report indicating that OpenAI might postpone its public market debut until 2027. Wall Street appeared poised for weekly losses as technology shares experienced significant declines this week. Apple exerted pressure on Wall Street on Thursday 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
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
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 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
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
