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The tech stock selloff paused on Wednesday, but Wall Street wasn’t ready to really commit to some dip buying. The Nasdaq was up 0.2%. After sinking 7.8% on Tuesday, the iShares Semiconductor ETF was posting a modest gain.
June 24 (Reuters) - Wall Street's main indexes were muted on Wednesday, after two straight sessions of declines, as technology shares steadied after a sharp sell-off this week and investors awaited
Alphabet will join the DJIA and Honeywell Aerospace, a spinoff from Honeywell International, will join the S&P 500.
Alphabet (NASDAQ:GOOG) will replace Verizon (NYSE:VZ) in the Dow Jones Industrial Average, with the change scheduled to take effect on June 29, according to an announcement from S&P Dow Jones Indices. Investors responded positively to the news, with Alphabet shares rising 0.
Investing.com - U.S. stock index futures were mixed on Wednesday, with the S&P 500 and Nasdaq edging higher after a bruising two-day selloff in technology and semiconductor shares. Investors were also looking ahead to earnings from memory chipmaker Micron for fresh clues on the outlook for artificial intelligence-related demand.
Wall Street stocks are expected to make a steadier start on Wednesday after a sharp technology-led sell-off in the previous two sessions, with investors now focused on Micron's earnings for clues about the health of the artificial intelligence boom. Nasdaq and S&P 500 futures were...
US equity futures were slightly higher pre-bell Wednesday as technology stocks rebounded after a bro
The Google parent will enter the 30-stock index on June 29, giving the blue-chip benchmark broader exposure to AI, cloud, and digital advertising
U. S. equity futures moved modestly higher on Wednesday, with investors attempting to regain confidence after a sharp decline in technology and semiconductor stocks.
↘️ Cerebras Systems (CBRS): The chip maker, which went public in May, said it expects its operating margins to remain negative through the end of the year, a sign of the heavy cost of the AI buildout.
June 24 (Reuters) - S&P 500 and Nasdaq futures inched higher on Wednesday after two straight sessions of declines, as investors returned to technology shares following a sharp selloff that saw the
By Amanda Cooper LONDON, June 24 (Reuters) - Stocks staged a tentative recovery on Wednesday from a rout in technology shares on the back of caution over overstretched AI valuations, while crude oil
A three-year high for inflation may force the Federal Open Market Committee (FOMC) into action.
Alphabet joins the Dow on June 29, replacing Verizon, as a 6% stock crash raises questions about Google's competitive edge.
Tech stocks looked set to claw back some losses on Wednesday as investors bought the dip following a global selloff that dragged down shares in chip makers including Intel and Micron. Nasdaq 100 futures rose 0.5%. Dow Jones Industrial Average futures slid 95 points, or 0.2%.
Alphabet was poised to open higher on Wednesday after the tech giant was tapped to join the Dow Jones Industrial Average, replacing Verizon.
Verizon's 22-year run in the iconic Dow is ending, with a trillion-dollar company that's an artificial intelligence (AI) applications leader taking its place.
REVIEW PREVIEW NEWSLETTER Chip off the Old Block. All eyes were on tech today as the sector declined 3.7% and investors sold off chip stocks. Even some of the bigger artificial intelligence companies took a hit.
Investors are braced for Micron earnings for clues to whether AI optimism has overrun.
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