BNP Paribas analyst James Picariello doesn’t see a Tesla-SpaceX merger happening any time soon. He ticks off several reasons why.
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Stocks were little-changed after the Fed released minutes from its latest meeting. The Federal Open Market Committee held rates steady in June, and the meeting was the first under the leadership of Chairman Kevin Warsh. The Dow was down 600 points, or 1.6%, the S&P 500 was down 0.4%, and the Nasdaq was down 0.1%.
July 8 (Reuters) - Wall Street's main indexes opened lower on Wednesday after President Donald Trump said an interim deal aimed at ending the war with Iran was "over," sending oil prices higher and
Tesla produced a new version of its Model Y crossover. Tesla stock was down 1.1% in premarket trading at $396.61, while and futures were down 0.6% and 0.9%, respectively. The stock is down despite Tesla starting production of the three-row, six-seat version of its Model Y, called the Model Y L, with L for long wheelbase.
Stock Market Today: The Dow Jones index dropped Wednesday after Trump declared the ceasefire is "over." Micron and Sandisk dived.
U.S. futures and European equities extended losses in late morning European trading, as market fear further conflict in the Middle East.
The inflation devil is in the details.
The major gauges wavered after strikes in Iran resumed to end a brief period of stability.
U.S. stocks fell as investors fled increasingly volatile artificial-intelligence investments in the wake of Samsung Electronics’ earnings report and renewed disruptions in the Strait of Hormuz.
Sharp declines for high-flying memory and chipmakers including Intel, Marvell Technology and Applied Materials led a 1.2% decline in the Nasdaq Composite index and a 0.5% drop in the S&P 500. An update on second-quarter results from the South Korean giant had the company projecting record operating profits. Investors feared this reaction was a sign of how future reports for other chipmakers and AI-related tech companies might be received.
Investing.com - U.S. stock futures hovered around the flatline on Tuesday as investors weighed the durability of the artificial intelligence rally alongside renewed tensions in the Middle East.
US stock index futures traded cautiously on Tuesday after the Dow Jones Industrial Average reached a record high in the previous session, while investors weighed another strong earnings update from Samsung Electronics (USOTC:SSNHZ) alongside fresh comments from Federal Reserve Governor Christopher Waller. Futures pause after Wall Street recordsBy 03:02 ET (07:02 GMT), futures linked to the Dow Jones Industrial Average were little changed.
July 7 (Reuters) - Futures tied to the tech-heavy Nasdaq dropped on Tuesday on declines in chip stocks over concerns about the sustainability of the AI-driven rally despite strong results from Samsung
The president's latest comments on the Federal Open Market Committee (FOMC) threaten to undermine policymakers' credibility.
AI-driven momentum is keeping bulls in high spirits after the Dow’s record close, though investors are a bit cautious ahead of the Fed minutes and fresh corporate catalysts.
Semiconductor and AI-linked stocks led the advance, while earnings, Treasury yields, and inflation data will test whether the rally can move beyond a narrow group of technology leaders.
MARKETS PM NEWSLETTER This is an edition of the Markets P.M. newsletter, a recap of the day’s most important markets moves, delivered after the closing bell. If you’re not subscribed, sign up here. What Happened in Markets Today Tech stocks rallied back after fizzling before the holiday.
July 6 (Reuters) - Wall Street's main indexes opened higher on Monday, extending last week's rally as chip stocks rebounded, while investors looked ahead to central bank minutes and the start of the
Investing.com - U.S. stock index futures edged higher on Monday as investors returned from a long holiday weekend, with technology shares leading gains.
US equity investors will focus this week on the Federal Reserve's latest meeting minutes, while keep
Warsh's ideological overhaul of the central bank isn't the best news for a stock market that's priced for perfection.
An IPO rocket, a war rally and a new Fed gave investors plenty to think about. Plus: Our latest Financial Flashback, to the options-dating scandal 20 years ago.
A new Fed chair isn't a panacea for the ideological gap between the president and the central bank over interest rates.