Finance
U.S. stock futures were rising early Friday morning after a positive session. Strength in the artificial intelligence (AI) sector seemed to outweigh worries about the two-day-old U.S. government shutdown. Futures on the Nasdaq 100 (NDX), the Dow Jones Industrial Average (DJIA), and the S&P 500 Index (SPX) were up 0.25%, 0.19%, and 0.20%, respectively, at 12:05 a.m. EDT on October…
Tesla (TSLA) reported blowout third quarter global deliveries, as the expiration of the $7,500 federal tax credit in the US likely juiced sales. Tesla said Q3 deliveries came in at 497,099, easily topping Bloomberg consensus estimates of around 439,800 and the 462,890 units delivered a year ago. Tesla said Q3’s total was a new quarterly…
Stocks fluctuated over the course of the trading session on Thursday before once again ending the day mostly higher. With the upward move, the major averages closed higher for the fifth straight session, reaching new record closing highs. The major averages all finished the day in positive territory. The Nasdaq climbed 88.89 points or 0.4…
By Junko Fujita and Kevin Buckland TOKYO (Reuters) -Japanese markets are bracing for a crucial ruling party vote this weekend that will determine the next prime minister and set the tone for budget and central bank policies. The race to head the Liberal Democratic Party has centred on household relief versus fiscal discipline. Overhanging those…
The Asian stock market was on track for strong weekly gains on Friday, supported by growing expectations of near-term Federal Reserve rate cuts, which helped offset concerns over a U.S. government shutdown. Despite its impact, including the suspension of scientific research, financial oversight and delays in key economic releases such as Friday’s jobs report, investors…
Investors are all ears for a market research report hailing this voice AI company as an industry leader. Markets are trending higher this afternoon, poised to end the day on a high note. There seems to be little doubt, on the other hand, whether voice-recognition artificial intelligence (AI) leader SoundHound AI (SOUN 10.22%) will see…
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Skyline of Tokyo, Japan. Jackyenjoyphotography | Moment | Getty Images Asia-Pacific markets mostly rose Friday, tracking Wall Street gains as investors shrugged off the U.S. government shutdown. Investors are waiting to see how long the shutdown will last to assess the gravity of its economic repercussions. Historically, government shutdowns in the U.S. have not been…
Asian stocks were poised for solid weekly gains on Friday as rising odds of the Federal Reserve cutting rates in the near-term helped cushion jitters around a U.S. government shutdown that have pushed gold to record highs and weighed on the dollar. Source link
A bronze sculpture of a bull is displayed on Broadway in the financial district November 14, 2000 in New York City. Chris Hondros | Hulton Archive | Getty Images Investors continue to pile into stocks, undeterred by a government shutdown or shaky jobs data, with all three benchmarks hitting record highs Thursday. With the Senate…