Check out the companies making headlines before the opening bell : Applied Digital — Shares surged 30% after the datacenter builder reported that revenue in its fiscal first quarter was up 84% from the comparable period in the prior year. Stellantis — The French-Italian-American automaker reported a 13% rise in third-quarter shipments, prompting shares to…
JPMorgan CEO Jamie Dimon is warning that the chances of a US stock market fall are far greater than many Wall Streeters believe. The head of America’s largest bank says he is “far more worried than others” about a stock market correction — widely defined as a drop of at least 10% — predicting that…
Oct 9 (Reuters) – Wall Street’s main indexes edged lower on Thursday after Federal Reserve Chair Jerome Powell offered no fresh policy signals, leaving investors to rely on older data to shape sentiment. While markets have priced in aggressive interest rate cuts on hopes that the Fed will prioritize labor market support, minutes from the…
Stocks have moved mostly higher during trading on Wednesday, largely offsetting the pullback seen in the previous session. The major averages have all moved to the upside, with the tech-heavy Nasdaq leading the way. In recent trading, the major averages have reached new highs for the session. The Nasdaq is up 178.73 points or 0.8…
Nvidia CEO Jensen Huang says he’s optimistic that the United States and China can work through trade and technology disputes. It’s important to keep America at the forefront of the generative AI boom. “AI is going to be foundational and transformative to every single country. President Trump wants America to win the AI race,” Jensen…
Traders work on the floor of the New York Stock Exchange. NYSE Shares of New York Stock Exchange parent, Intercontinental Exchange, rose more than 3% in the premarket after the company announced it took a $2 billion stake in prediction markets platform Polymarket. The deal values Polymarket at approximately $8 billion, both companies said in…
US stock futures took a breather on Tuesday after their latest record-setting run, as Wall Street weighed worries over the government shutdown against bright hopes for AI. Dow Jones Industrial Average futures (YM=F) traded flat. Contracts on the S&P 500 (ES=F) and on the tech-heavy Nasdaq (NQ=F) were also little changed after fresh record high…
TOKYO (AP) — Asian shares were mostly higher Tuesday in quiet holiday trading, while Japan’s benchmark rose to new records on hope for more government spending and lower taxes under Japan’s first woman prime minister. U.S. futures slipped and oil prices rose. Markets in mainland China and South Korea were closed. Over the weekend, Japan’s…
Sopa Images | Lightrocket | Getty Images Galaxy Digital shares jumped about 10% in early trading Monday after the digital assets investment firm led by CEO Mike Novogratz unveiled a Robinhood-like trading platform, GalaxyOne. The platform and mobile application, launched Monday, hosts commission-free buying and selling of more than 2,000 stocks and exchange-traded funds in…
Wall Street’s attention in the week ahead will largely be fixed on a scheduled address from the Federal Reserve Chair, Jerome Powell, alongside the onset of the third quarter earnings season. Economic data, typically a key driver, will take a backseat due to ongoing delays caused by the US government shutdown. Mr Powell is due…