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Ahead of the bell US stock futures went nowhere on Wednesday morning, which tells you plenty about how much is riding on the next 12 hours. Contracts on the Dow Jones Industrial Average and the S&P 500 sat close to flat, while the tech-heavy Nasdaq 100 slipped 0.2% after Tuesday's...
US equity futures were mostly flat pre-bell Wednesday as traders awaited a key inflation report and
Zoom reported adjusted earnings of $1.55 a share for the quarter, up from $1.53 a year ago and above analysts’ expectations for $1.48, per FactSet.
The CNBC host said Nvidia has grown so central to the AI ecosystem that its quarterly results carry implications beyond the company itself
Investing.com - U.S. stock futures hovered around the flatline on Wednesday, as investors remained cautious ahead of the latest U.S. inflation data and Nvidia’s quarterly results, with both events likely to offer fresh clues on the outlook for interest rates and the durability of the artificial intelligence trade.
This AI giant could be a record-breaker.
Stock futures were little changed Wednesday as investors awaited July inflation figures and results from the world's most valuable company
Investing.com -- Wall Street banks downgraded Intuit shares to Neutral on Wednesday, flagging a weaker growth outlook and signs that competitive pressures are spreading beyond the company’s TurboTax tax-filing business.
Two Saudi brothers have amassed a fortune of about $1.4 billion as the technology company they control rides the kingdom’s multibillion-dollar push to build artificial intelligence infrastructure.
Shares were withheld to cover tax obligations from restricted stock unit vesting, a non-discretionary transaction that doesn't signal insider sentiment on the stock.
Zoom Communications (ZM) shares fell early Wednesday as the video communication platform provided a
Plus: Canada plans retaliatory tariffs of up to 50% on U.S. imports; Persian Gulf shipping insurance costs surge higher.
Duquesne Family Office has beefed up its healthcare holdings.
The temperature of the market was rising ahead of the open Wedensday on what could be a key day on Wall Street. The Cboe Volatility Index, or Vix, also known as the market's fear gauge, was up 1.8% ahead of inflation data and Nvidia earnings.
Aug 26 (Reuters) - Boston Scientific said on Wednesday that a cybersecurity incident had disrupted global operations, including some information systems used to process and ship customer orders.
Options markets are signalling that Nvidia (NASDAQ:NVDA) could experience a roughly $280 billion change in market capitalisation following its second-quarter earnings report on Wednesday afternoon, as investors look for fresh evidence on the strength of artificial intelligence demand. Nvidia options imply a 5.
Intuit (NASDAQ:INTU) shares dropped sharply in premarket trading on Wednesday after the financial software company issued fiscal 2027 guidance below Wall Street expectations as it adjusts its strategy to “accelerate customer growth, increase market share, and strengthen the long-term durability” of its growth model. The stock was down 11.
Morgan Stanley Investment Management’s Vishal Khanduja, a top-performing fixed-income investor, is scaling back bets against long-term US bonds, saying Treasury Secretary Scott Bessent is prepared to do “whatever it takes” to keep yields from rising.
The day before Nvidia reports earnings that analysts expect to roughly double year over year, OpenAI dropped a chip benchmark that rattled the AI hardware world and forced a question no investor wanted to sit with overnight.
📈 Follow our live markets data and coverage. When tech companies started amping up spending on AI about three years ago, David Cahn, a venture capitalist at Sequoia Capital, asked a simple question: What was the gap between AI investment and the revenue generated from AI? It certainly won’t weigh on investors this afternoon, when Nvidia —the main chip supplier to the AI boom—reports quarterly results.
Central bankers gathering in Jackson Hole, Wyoming this week will emphasize a global rethink on inflation — and the prospect of higher borrowing costs — in the face of new threats.
Nvidia stock was edging up early Wednesday ahead of the chip maker's quarterly earnings report after the market close. Nvidia shares were up 0.3% at $213.58 in premarket trading. The stock rose 2.2% on Tuesday, snapping a seven-day losing streak.
Walmart is investing its $2.9 billion return into price cuts, while Target plans for additional reimbursements and Home Depot and Lowe’s offset higher costs.
Cloud computing, meet cloudy numbers. After years of asking investors to take its artificial-intelligence strategy on faith, Microsoft stands out among tech giants for the opacity of its financial reporting. Take Azure, Microsoft’s flagship cloud platform and primary growth engine.
↘️ Intuit (INTU): The company, known for its tax-preparation and accounting software, forecast slower sales growth in the year ahead as it navigates declines in its desktop business. Shares dropped more than 11% premarket.
Stock futures were heading for a negative open early Wednesday ahead of crunch earnings from chip maker Nvidia that will give a steer on artificial intelligence spending—a major headache for markets. Nvidia will report after trading closes today.
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