NEW YORK — U.S. stock indexes drifted to a mixed finish Wednesday after climbing in the morning but then running out of steam. The Standard & Poor’s 500 finished an iota higher, less than 0.1%, after surrendering virtually all of its early gain of 0.9%. But that was just enough to break a four-day losing streak that…
US futures attached to the major gauges saw modest gains Wednesday evening as investors processed Nvidia’s latest earnings report. Futures linked to the S&P 500 (ES=F) crept up 0.1%, while Nasdaq 100 (NQ=F) futures advanced 0.1%, and Dow Jones (YM=F) futures fluttered just below the baseline. CME – Delayed Quote • USD As of 7:38:18…
Wall Street is once again fixated on Nvidia, as the main player in the artificial intelligence mania is set to report earnings after the bell Wednesday and give an update on demand for its semiconductors, which are used to power AI applications. This will be Nvidia’s first earnings report since a Chinese upstart, DeepSeek, upended…
A look at the day ahead in U.S. and global markets from Mike Dolan Rancorous geopolitics continues to grab most headlines again this week, but it’s creeping anxiety about a slowing U.S. economy that’s unnerving investors most about Wall Street stocks. Wary of Wednesday’s results from megacap chip giant Nvidia, the S&P500 lost its 6,000…
NEW YORK, NEW YORK – MARCH 16: People walk past the New York Stock Exchange (NYSE) on March 16, 2023 … [+] in New York City. Stocks fell again in morning trading as investors continue to show concerns over the stability of global banks following the collapse last week of Silicon Valley Bank. (Photo by…
Warren Buffett walks the floor and meets with Berkshire Hathaway shareholders ahead of their annual meeting in Omaha, Nebraska on May 3rd, 2024. David A. Grogen | CNBC The mystery over Warren Buffett’s surprisingly defensive stance deepened over the weekend. The 94-year-old CEO of Berkshire Hathaway sold more stocks in the latest quarter and grew…
Steve Cohen, chairman and CEO of Point72, speaking to CNBC on April 3, 2024. CNBC Billionaire investor Steve Cohen doubled down on his negative view of the U.S. economy due to a backdrop of punitive tariffs, immigration crackdown and federal spending cuts spearheaded by the so-called Department of Government Efficiency. The chairman and CEO of…
Warren Buffett’s Berkshire Hathaway raised its stakes in Mitsubishi Corp., Mitsui & Co., Itochu, Marubeni and Sumitomo — all to 7.4%. Bloomberg | Bloomberg | Getty Images Warren Buffett released Saturday his annual letter to shareholders. In it, the CEO of Berkshire Hathaway discussed how he still preferred stocks over cash, despite the conglomerate’s massive…
A stock market in search of direction could very well get one next week. Investors are about to react to two potentially major market-moving events in the week ahead. Nvidia is set to come out with its first earnings report since China’s DeepSeek in January rattled the outlook for artificial intelligence companies. And last month’s…
Wall Street’s main indexes were set for weekly declines on Friday, as fresh data painted a weak picture for the American economy, while UnitedHealth dropped after a report that the Justice Department is investigating the healthcare conglomerate. In afternoon trading, the Dow Jones Industrial Average slumped 704 points, or 1.6%, to 43,472. The S&P 500 dropped 1.4%, and the Nasdaq lost…