Nvidia’s blockbuster earnings late Wednesday set up the stock market for a ferocious rebound as the chipmaker appeared to ease fears that an AI bubble was about to pop. Thursday began with a massive rally with the Dow Jones Industrial Average up 700 points, regaining some ground after an earlier AI-related selloff. Upbeat results from…
US stock futures took a breather on Friday, gearing up to end the latest turbulent week in what is shaping up to be a rocky month on Wall Street. Contracts on the tech-heavy Nasdaq 100 (NQ=F) nudged up 0.1%, while those on the S&P 500 (ES=F) hovered around the flatline. Dow Jones Industrial Average futures…
Wall Street has been consumed for months with fears that the artificial intelligence boom is actually a bubble about to pop, but that didn’t stop Berkshire Hathaway from buying shares of a top AI hyperscaler. Warren Buffett’s conglomerate revealed in a regulatory filing late Friday that it purchased 17.8 million shares of Google parent Alphabet during…
US stocks recovered from earlier losses on Friday, battling back from Wall Street’s steepest sell-off in over a month as investors await more economic data in the coming days ahead of the Federal Reserve’s next rate decision in December. The Dow Jones Industrial Average (^DJI) slipped around 0.6%. But the S&P 500 (^GSPC) and the…
(Reuters) -U.S. stock index futures advanced on Monday following signs of progress in Washington to end a record U.S. government shutdown that has stalled economic data releases and intensified concerns over the state of the economy. Wall Street’s main indexes ended last week with steep declines, with the Nasdaq suffering its worst week in more…
young man standing in front of the projection reflected stock market | Image Credits:Getty Images A rough week for tech stocks might signal a loss of investor confidence in artificial intelligence. The Wall Street Journal reports that the Nasdaq Composite Index was down 3% — making this its worst week since President Donald Trump announced…
Tech led a sharp pullback in US stock futures on Tuesday as doubts about high-running valuations preyed on investors sifting through the latest flurry of quarterly earnings. S&P 500 futures (ES=F) sank 1.1%, while those on the tech-heavy Nasdaq 100 (NQ=F) tumbled 1.5%. Contracts on the Dow Jones Industrial Average (YM=F), which includes fewer tech…
Tech led a sharp pullback in US stock futures on Tuesday as doubts about the AI-fueled rally crept in and investors waited for the next rush of quarterly earnings. S&P 500 futures (ES=F) sank 1.3%, while those on the tech-heavy Nasdaq 100 (NQ=F) tumbled 1.6%. Contracts on the Dow Jones Industrial Average (YM=F), which includes…
Tech led a sharp retreat in US stock futures on Tuesday after a mixed session on Wall Street that saw AI optimism in megacap companies drive the S&P 500 and Nasdaq Composite higher. S&P 500 futures (ES=F) sank 0.9%, while those on the tech-heavy Nasdaq 100 (NQ=F) tumbled roughly 1.3%. Contracts on the Dow Jones…
U.S. stocks ended lower on Thursday, with tech stocks leading the decline as investors digested a batch of earnings from big tech companies and weighed Federal Reserve Chairman Jerome Powell’s hawkish comments from the previous day. All three major indexes ended in negative territory. The Dow Jones Industrial Average (DJI) declined 0.2% or 109.88 points…