Wall Street futures edge higher as investors await U.S.-Iran talks and key economic data: Dow Jones, S&P, Nasdaq

U.S. stock index futures traded modestly higher on Tuesday as investors prepared for the final trading session of both the first half of the year and the second quarter. Market participants are also monitoring reports of possible talks between the United States and Iran in Qatar, while a series of economic indicators and Nike’s quarterly […]

Wall Street Rebounds as Iran Ceasefire Hopes and Tech Rally Lift Stocks to Record Highs

US stocks surged Monday as investors breathed a collective sigh of relief following reports that peace talks between the United States and Iran were gaining traction after a weekend of military strikes. The combination of easing geopolitical tensions, a historic reshuffle of the Dow Jones Industrial Average, and a blockbuster corporate announcement from Comcast sent […]

Comcast to Separate NBCUniversal and Sky into Standalone Public Company

Comcast (NASDAQ:CMCSA) has announced plans to separate its media and entertainment assets, including NBCUniversal and Sky, into a newly listed public company, marking one of the group’s biggest strategic restructurings since acquiring Sky’s European operations for £31 billion in 2018. The transaction is expected to take around a year to complete. Once finalised, shareholders will […]

Five Market Events Investors Will Be Watching This Week

A packed calendar of economic releases and central bank events will dominate investor attention this week, despite a shortened trading schedule as U.S. markets close on Friday for the Independence Day holiday. The spotlight will also fall on the European Central Bank’s annual Sintra conference and earnings from Nike (NYSE:NKE). 1. U.S. Employment Report The […]

SpaceX Shares Rise Ahead of Nasdaq 100 Inclusion on July 7 (SPCX)

SpaceX (NASDAQ:SPCX) shares gained more than 1% in premarket trading on Monday after Nasdaq confirmed the aerospace and satellite communications company will be added to the Nasdaq 100 index on 7 July. The inclusion is expected to generate substantial passive investment demand as exchange-traded funds and other index-tracking products adjust their portfolios to reflect the […]

Morgan Stanley Lifts Tesla Delivery Forecast on Stronger Europe and China Demand (TSLA)

Morgan Stanley has increased its forecast for Tesla’s (NASDAQ:TSLA) second-quarter vehicle deliveries after stronger-than-expected sales trends in Europe and China, although the bank continues to take a cautious view of the company’s energy storage business. The brokerage now expects Tesla to deliver around 413,000 vehicles during the second quarter, up from its previous estimate of […]

Robinhood Shares Gain as June Trading Activity Reaches New Highs (HOOD)

Robinhood Markets (NASDAQ:HOOD) shares rose 1.1% in premarket trading on Monday after the company released preliminary June operating metrics showing record trading activity across several of its key business segments. The brokerage reported a 60% month-on-month increase in event contract volumes, while options trading climbed 38% and equity trading rose 27%. Cryptocurrency activity also strengthened, […]

Tech Sell-Off Extends into Friday as OpenAI IPO Delay Rattles AI Trade

U.S. stocks closed mostly lower on Friday, June 26, as a report that OpenAI may push its IPO to 2027 added fresh fuel to an already smoldering tech selloff. The news raised uncomfortable questions about the durability of AI spending — the theme that has driven much of the market’s gains over the past two […]

Wall Street Pre-Market: Futures Tumble as OpenAI IPO Delay Sparks AI Tech Rout, Oil Plummets

The mood in the Wall Street pre-market is one of strong risk aversion. Investors are reacting pessimistically to reports that OpenAI may delay its highly anticipated initial public offering (IPO), which has reignited doubts about actual financial returns compared to the astronomical infrastructure costs of Artificial Intelligence (AI). At 8:02 AM ET, Dow Jones index […]

Stocks Close Mixed as Micron Surge Fails to Offset Big Tech Slide

Wall Street delivered a split verdict on Thursday as a blowout earnings report from Micron Technology lifted the Dow Jones to a fresh all-time intraday high, while price hike announcements from Apple and Microsoft dragged the Nasdaq lower for the session. Markets were also digesting the latest reading on the Federal Reserve’s preferred inflation gauge, […]

Tech Rally and PCE Inflation Relief Lift Wall Street; Nasdaq Futures Surge as Micron Lead Market Rally

Dow Jones, S&P 500 and Nasdaq Futures are trading sharply higher this Thursday, fueled by a massive rally in the tech sector and investor relief over official inflation data. Pre-market optimism gained traction after corporate earnings crushed Wall Street estimates, while the macroeconomic landscape offered signs of monetary stability and cooling commodity prices. During pre-market […]

Comprehensive Healthcare Systems Accelerates Growth with Major Teamsters Contract Win

Comprehensive Healthcare Systems (TSXV:CHS) (USOTC:CMHSF) has strengthened its position as a leading provider of healthcare benefits administration technology after securing a new five-year agreement with the Teamsters Local 237 Welfare and Retirees Benefit Fund, one of the largest Teamsters-affiliated benefit organizations in the United States. The agreement represents another significant milestone for CHS as organizations […]

Germany’s Merck to Acquire Bio-Techne in $11.3 Billion Deal

Germany’s Merck KGaA has announced a major acquisition agreement to buy U.S.-based life sciences company Bio-Techne Corp (NASDAQ:TECH) in a deal valued at approximately $11.3 billion, marking one of the pharmaceutical and life-sciences sector’s most significant transactions of the year. Under the terms of the agreement, Merck will pay $73 per share in cash, representing […]

Tech Hangover Lingers as Micron Earnings Offer a Lifeline

Wall Street finished Wednesday on a split note, with investors still nursing wounds from a two-day chip-driven selloff while cautiously awaiting Micron Technology’s closely watched earnings report after the bell. The Dow Jones Industrial Average and S&P 500 managed slim gains, but the Nasdaq Composite slipped further as technology shares failed to fully recover from […]

Alphabet Set to Join Dow Jones Industrial Average as Verizon Exits Index (GOOG)

Alphabet (NASDAQ:GOOG) will replace Verizon (NYSE:VZ) in the Dow Jones Industrial Average, with the change scheduled to take effect on June 29, according to an announcement from S&P Dow Jones Indices. Investors responded positively to the news, with Alphabet shares rising 0.3% in premarket trading on Wednesday, while Verizon shares slipped 0.55%. Dow Updates Membership […]

SpaceX Extends Rebound as Analysts Highlight Potential Tesla Tie-Up (SPCX)

SpaceX (NASDAQ:SPCX) continued to recover in premarket trading on Wednesday after rebounding from losses that briefly pushed the stock below its post-IPO opening price. Shares closed Tuesday up 0.9% at $156.06 after falling as low as $147.11 during the session, below the stock’s June 12 opening price of $150. The shares advanced a further 1.2% […]

Prices of Nvidia’s Restricted AI Chips Surge on China’s Black Market Amid Export Crackdown (NVDA)

The cost of Nvidia’s (NASDAQ:NVDA) restricted artificial intelligence chips has risen sharply on China’s black market during the past six months as tighter U.S. enforcement measures make it increasingly difficult to move advanced hardware into the country, according to a report from the Financial Times. Black Market Prices Climb as Supply Tightens Citing interviews with […]

Markets Look for Stability After Tech Sell-Off as AI Focus Remains Front and Centre: Dow Jones, S&P, Nasdaq, Wall Street Futures

U.S. equity futures moved modestly higher on Wednesday, with investors attempting to regain confidence after a sharp decline in technology and semiconductor stocks. Market attention is increasingly turning to upcoming corporate results and developments in the artificial intelligence sector for guidance on future sentiment. At the same time, falling oil prices, easing geopolitical tensions and […]

Tech Selloff Drags Nasdaq and S&P 500 Lower as Rate Hike Fears Resurface

Wall Street closed sharply lower on Tuesday as a global technology selloff accelerated, sending the Nasdaq and S&P 500 to their steepest single-day drops in weeks. The catalyst was a combination of an unexpected note from Bank of America economists forecasting three Federal Reserve rate hikes before year-end and a steep overnight slide in Asian […]

Walmart Secures Nuclear Power Supply Deal With Constellation for Illinois Operations (WMT)

Retail Giant Signs Long-Term Agreement for Carbon-Free Electricity Constellation (NASDAQ:CEG) and Walmart (NYSE:WMT) have entered into a long-term power purchase agreement that will provide emissions-free electricity from Constellation’s Dresden Clean Energy Center in Illinois. The arrangement marks Walmart’s first agreement tied directly to nuclear energy and is believed to be one of the first long-term […]