Dow Sheds Nearly 600 Points as Trump Declares Iran Ceasefire “Over,” Oil Prices Surge

Wall Street closed mixed but broadly lower on Wednesday after President Trump said the fragile ceasefire between the United States and Iran was effectively finished, sending oil prices sharply higher and rattling stocks tied to the broader economy. The Dow Jones Industrial Average and S&P 500 both fell, while the tech-heavy Nasdaq Composite managed to […]

Wall Street Set for Lower Open After Trump Says U.S.-Iran Ceasefire Is ‘Over’: Dow Jones, S&P, Nasdaq

U.S. stock futures pointed to a weaker start on Wednesday, suggesting Wall Street could extend the previous session’s losses as renewed tensions in the Middle East unsettled investor sentiment. Markets came under pressure after President Donald Trump declared the U.S.-Iran ceasefire “over,” raising fears of a fresh escalation in regional conflict. “As far as I’m […]

Apple Commits Over $30 Billion to Broadcom Supply Deal as Colorado Plant Expands (AAPL)

Apple (NASDAQ:AAPL) will invest more than $30 billion under a long-term semiconductor supply agreement with Broadcom (NASDAQ:AVGO), a partnership that will also fund a major expansion of Broadcom’s manufacturing facility in Colorado. Long-Term Agreement Supports U.S. Chip Production Broadcom announced earlier this week that it had signed a supply agreement with Apple running through 2031. […]

SpaceXAI to Launch Grok 4.5 for Public Access, Musk Confirms (SPCX)

SpaceX (NASDAQ:SPCX) will make its Grok 4.5 artificial intelligence model publicly available on Thursday, according to a social media post from chief executive Elon Musk. Musk Positions Grok 4.5 Against Leading AI Models Musk described Grok 4.5 as an “Opus-class” model, drawing comparisons with Anthropic’s Claude while claiming it delivers faster performance, greater token efficiency […]

Wall Street Futures Fall as Trump Declares Iran Peace Framework “Over”: Dow Jones, S&P, Nasdaq

U.S. stock futures moved sharply lower on Wednesday after President Donald Trump said the interim peace framework with Iran had effectively collapsed, adding fresh geopolitical uncertainty to already fragile market sentiment. By 09:03 GMT, Dow Jones futures had fallen 680 points, or 1.3%, while S&P 500 futures were down 71 points, or 0.9%. Nasdaq 100 […]

The Missing Market for Silvercorp

As Asian demand for mining equities strengthens, Silvercorp’s proposed Hong Kong listing could broaden its investor base and support a valuation re-rating. For years, Alibaba was one of the most important companies in China, yet much of its shareholder base sat thousands of miles away in New York. Investors debated Chinese consumer spending, Chinese regulation […]

Chip Selloff Snaps Winning Streak as Samsung Miss Sends Nasdaq Sliding

Wall Street’s rally cooled off on Tuesday as a fresh wave of selling hit semiconductor stocks, ending the Dow’s run of record closes. A disappointing reaction to Samsung Electronics’ earnings overnight reignited worries that chip and AI-infrastructure valuations have gotten ahead of themselves, dragging the tech-heavy Nasdaq Composite to its worst day in weeks. Rising […]

Wall Street set for softer open as technology stocks retreat: Dow Jones, S&P, Nasdaq, Futures

U.S. stock index futures pointed to a weaker start on Tuesday, with markets expected to surrender part of Monday’s gains as renewed selling pressure emerged across the technology sector. Samsung sell-off dents AI sentiment Technology shares looked set to lead the decline after South Korean memory chip giant Samsung Electronics suffered a near 7% drop […]

Nvidia shares edge lower after report says DeepSeek is developing an in-house AI chip (NVDA)

Report points to DeepSeek’s custom chip ambitions Nvidia (NASDAQ:NVDA) shares fell 1.6% in premarket trading on Tuesday after a Reuters report said Chinese artificial intelligence startup DeepSeek is designing its own semiconductor for AI computing, a move that could reduce its reliance on hardware supplied by Nvidia and Huawei. According to sources familiar with the […]

RBC raises Tesla price target on potential SpaceX deal speculation (TSLA)

RBC increases target to $500 RBC Capital has raised its price target for Tesla (NASDAQ:TSLA) to $500 from $475, reflecting both a revised standalone valuation and an additional premium linked to a potential merger with SpaceX (NASDAQ:SPCX). Analyst Tom Narayan said the updated target incorporates “a 25-30% premium to current trading levels (and a 15% […]

Visa shares slip as banks reportedly consider acquiring Fiserv debit network (V)

Payment stocks decline following reports of bank discussions Visa (NYSE:V) shares fell 2.3% in premarket trading on Tuesday, while Mastercard (NYSE:MA) declined 1.8% after reports that several major US banks have explored acquiring a debit payments network owned by Fiserv (NYSE:FI). According to The Wall Street Journal, ownership of the network could allow banks to […]

Amazon launches multi-tranche bond offering targeting at least US$25 billion (AMZN)

Company taps debt markets with eight-part bond sale Amazon.com Inc. (NASDAQ:AMZN) has launched an eight-part US investment-grade bond offering, seeking to raise at least US$25 billion through securities with maturities ranging from three to 40 years. The offering includes several tranches scheduled to mature on 9 July in their respective maturity years, including a three-year […]

SpaceX edges lower as Wall Street launches coverage ahead of Nasdaq 100 entry (SPCX)

Analysts begin coverage before major index inclusion Shares of Space Exploration Technologies (NASDAQ:SPCX) slipped ahead of the company’s scheduled inclusion in the Nasdaq 100 on Tuesday, as several major Wall Street firms initiated research coverage with price targets ranging from US$190 to US$300. The wide range of valuations reflects differing opinions over the long-term potential […]

Walmart cuts prices on barbecue essentials after Trump highlights retailer’s move (WMT)

Walmart lowers prices on key summer food items Walmart (NYSE:WMT) announced on Monday that it is reducing prices on a range of popular summer barbecue products, including beef, soft drinks and snack foods, after President Donald Trump said the retailer had agreed to lower prices at his administration’s request. In a post on Truth Social, […]

Micron shares retreat as Samsung earnings trigger memory chip selloff (MU)

Samsung results spark declines across semiconductor sector Micron Technology (NASDAQ:MU) shares fell 4.9% in premarket trading on Tuesday, extending a broader decline across the memory semiconductor industry after Samsung Electronics’ latest earnings update prompted selling throughout the sector. Shares of SanDisk also dropped 4.7% before the opening bell. The weakness followed Samsung Electronics’ (KS:005930) preliminary […]

US futures edge lower as investors assess Samsung results and Fed outlook: Dow Jones, S&P, Nasdaq, Wall Street

US stock index futures traded cautiously on Tuesday after the Dow Jones Industrial Average reached a record high in the previous session, while investors weighed another strong earnings update from Samsung Electronics (USOTC:SSNHZ) alongside fresh comments from Federal Reserve Governor Christopher Waller. Futures pause after Wall Street records By 03:02 ET (07:02 GMT), futures linked […]

Dow Closes Above 53,000 for the First Time as AI Rally Lifts Wall Street

Wall Street kicked off the first full trading week of July with gains across the board, as renewed confidence in the artificial intelligence trade lifted technology and semiconductor stocks and helped the Dow Jones Industrial Average close above 53,000 for the first time. Coming off a holiday-shortened week that ended with the Dow at a […]

Memory Stocks Advance as Analysts Highlight Attractive Entry Point

AI Demand and Pricing Outlook Lift Sector Sentiment Memory and storage stocks moved higher in premarket trading on Monday after several analysts pointed to improving pricing trends and continued artificial intelligence demand as reasons for renewed optimism across the sector. Micron (NASDAQ:MU) rose 2.2%, SanDisk (NASDAQ:SNDK) gained 3.6%, Western Digital (NASDAQ:WDC) advanced 3.4%, and Seagate […]

Five Key Market Events Investors Will Be Watching This Week

1. U.S. Services PMI to Gauge Economic Momentum Wall Street returns from the extended Independence Day weekend with investors focused on fresh data from the U.S. services sector, one of the most important indicators of economic activity. The Institute for Supply Management’s (ISM) non-manufacturing PMI for June is expected to ease slightly to 54.2 from […]

Wall Street Futures Rise Ahead of ISM Services Data as OPEC+ Boosts Oil Output: Dow Jones, S&P, Nasdaq

Futures Advance After Holiday Weekend U.S. equity futures moved modestly higher on Monday as investors returned from the Independence Day holiday and prepared for a week packed with economic data and central bank commentary. At 07:01 GMT, Dow futures were broadly unchanged, S&P 500 futures gained 0.3%, while Nasdaq 100 futures outperformed with a rise […]