Forget Starship test flight number 13. SpaceX stock will face an even greater challenge in the coming weeks: a Wall Street earnings report. Shares of Elon Musk’s rocket and AI company were lower early Friday after another Starship testing delay and a new lukewarm rating from Wall Street.
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July 24 (Reuters) - U.S. stock index futures edged higher on Friday after a tech-led selloff in the previous session, as investors weighed fresh earnings, escalating Middle East tensions and a new
U. S. stock futures edged higher on Friday as investors balanced escalating geopolitical tensions in the Middle East against encouraging corporate earnings from the technology sector.
Investors are looking to extend their gains, but taking on more risk.
Stocks looked set to struggle for direction on Friday as a drop in oil prices eased fears about higher inflation, even as artificial-intelligence jitters lingered. Nasdaq 100 futures rose 0.1%. The Dow was on track to outperform the other two major indexes because it tends to be more reactive to oil prices, which were retreating having spiked above $100 a barrel the previous session.
These inflationary concerns can't be swept under the rug.
Stocks stabilized on Friday but were on track for weekly losses as investors assessed a new set of global tariffs against a backdrop of AI jitters, rising oil prices, and elevated bond yields.
FTSE 100 Live pre-open London looks set to open in the red on Friday, with tech selling and oil topping $100 a barrel combining to darken the mood heading into the weekend. Futures traders have the FTSE 100 called 40 points lower, building on Thursday's 77-point decline to 10,639. The...
Jim Cramer explains how to tell a buyable mechanical selloff from a real systemic stock market crash as the AI bubble keeps growing.
As the global benchmark topped $100, stocks slumped and Treasury yields hit their highest levels of President Trump’s second term.
The market’s nonchalance over escalations in Iran came to an abrupt end on Thursday, as oil prices settled above $100 a barrel for the first time in two months. Ongoing jitters about hyperscalers spending too much on the AI buildout weren’t helping matters, and the combination of those factors wiped out hundreds of billions of dollars in market cap. The Nasdaq Composite sank 2.1%.
Elon Musk’s EV company lost a quarter of its value after revealing weak profits and high spending on AI and robotics
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