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…
Asian shares held steady on Tuesday after recent strong gains, as optimism over easing global trade tensions kept investor sentiment positive. Tech stocks continued their rally ahead of key earnings from major companies this week.Expectations of potential interest rate cuts in the United States and Canada supported bond markets, while the dollar remained flat as…
Car executives once saw Tesla as their industry’s biggest disrupter. But now, at least one former automotive CEO says the company may pull out of the car business, and could even cease to exist within 10 years. Carlos Tavares, who resigned from the top job at Jeep manufacturer Stellantis late last year, said Elon Musk’s…
Nasdaq 100 futures were flat this morning after the index lost 1% yesterday following Tesla’s Q3 earnings call, which investors did not like. The stock was down 3% after Elon Musk’s company revealed record revenue but a decline in profitabilty. It was another in a series of earnings calls from tech companies that have disappointed…
President Donald Trump’s additional 100% tariff on China erased $2 trillion from the stock market on Friday and possibly couldn’t have come at a worse time. A potentially renewed trade war risks a resurgence of uncertainty in the market, Apollo Global Management chief economist Torsten Slok said Saturday on Fox Business, all while fears of…
U.S. stocks are edging higher, a day after breaking their seven-day winning streak, while the price of gold is pushing further past $4,000 per ounce. The S&P 500 rose 0.2% in early trading Wednesday and is near its all-time high set on Monday. The Dow Jones Industrial Average rose 51 points, and the Nasdaq composite…
(Bloomberg) — It’s too early to be worried about a bubble in high-flying US technology stocks. Most Read from Bloomberg That’s the view of Goldman Sachs Group Inc. strategist Peter Oppenheimer, who said the record-breaking rally in tech heavyweights has been accompanied by robust earnings growth. In past bubbles, the market was driven higher mainly…
Jeff Bezos joined Sam Altman in admitting the existence of an AI bubble—but Amazon’s founder sees upside. Recently, many AI-related companies have seen voracious optimism and spikes in valuations. In August, the OpenAI CEO told reporters the AI market was in a bubble. When bubbles happen, “smart people get overexcited about a kernel of truth,” Altman…
Premium Updated Oct 3, 2025, 08:53 PM IST The news, reportedly circulating on social media, suggested that SMEE’s EUV machine was on display at a major trade show in Shanghai. Shares of Shanghai Zhangjiang Hi-Tech Park Development, a stakeholder in SMEE, surged by the daily 10 per cent limit for two consecutive days. How rumors…