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 […]

Quantum Computing Stocks Rally After Trump Signs New Industry Support Measures

Federal Orders Renew Momentum Across the Quantum Sector Quantum-computing stocks moved higher in after-hours trading on Monday after U.S. President Donald Trump signed a series of executive orders designed to accelerate the development and adoption of quantum technologies in the United States. The announcements reignited investor enthusiasm for a sector that has already enjoyed significant […]

SpaceX Extends Decline as Valuation Concerns Weigh on Post-IPO Momentum

Shares Continue Falling After Sharp Selloff SpaceX (NASDAQ:SPCX) remained under pressure in premarket trading on Tuesday after suffering a steep 16.4% decline in the previous session, as investors reassessed the company’s valuation following its strong post-IPO rally. The stock ended Monday at $154.59, only slightly above its June 12 IPO opening price of $150. Since […]

Morgan Stanley Keeps Coca-Cola as Its Preferred Beverage Sector Pick

Strong Growth Outlook Supports Positive View Morgan Stanley has reaffirmed its bullish stance on Coca-Cola (NYSE:KO), maintaining the beverage giant as its top investment choice within the U.S. drinks sector. The bank cited a combination of strong near-term catalysts and durable long-term growth prospects that continue to distinguish the company from other consumer packaged goods […]

SpaceX Extends Decline as Tech Stocks Retreat and Investors Reassess AI Spending: Dow Jones, S&P, Nasdaq, Wall Street Futures

Technology Shares Weigh on U.S. Market Outlook Wall Street appeared headed for a weaker start on Tuesday as investors continued to rotate out of technology stocks amid concerns over persistent interest rate pressures and the enormous capital requirements associated with artificial intelligence infrastructure. Nasdaq futures led losses after another decline in SpaceX (NASDAQ:SPCX), while falling […]

Abitibi gold project shows strong results and growing market momentum

A junior exploration-stage gold company is steadily building momentum in one of Canada’s most storied mining jurisdictions, where infrastructure, geology, and familiarity with capital markets combine to create fertile ground for discoveries to transition into development stories. In Ontario’s Abitibi Greenstone Belt—long associated with prolific gold production—this emerging player is beginning to demonstrate scale, continuity, […]

Mixed Close as Nasdaq-100 Shakeup Weighs on Tech; Dow Edges Higher on Iran Optimism

Monday’s session ended on a split note for Wall Street, with the Dow Jones Industrial Average edging into positive territory while the S&P 500 and Nasdaq slipped under the weight of a high-profile index rebalancing and renewed pressure on mega-cap tech. The primary story of the day was the Nasdaq-100’s quarterly reshuffle, which forced massive […]

Wall Street Set for Higher Open as Progress in U.S.-Iran Talks Boosts Sentiment: Dow Jones, S&P, Nasdaq

U.S. stock futures pointed to a modestly positive start on Monday, with investors encouraged by reports of progress in diplomatic negotiations between the United States and Iran and by a continued decline in oil prices. The positive tone follows strong gains recorded during the previous trading session, although investors remain cautious as they await further […]

SpaceX’s Market Debut Ignites Investor Enthusiasm in First Week of Trading

SpaceX (NASDAQ:SPCX) delivered one of the most closely watched stock market debuts in recent history, with shares soaring during their first week of trading as investors rushed to gain exposure to Elon Musk’s space, connectivity and artificial intelligence business. Since pricing its initial public offering at $135 per share on June 12, the stock has […]

Robinhood Shares Fall After Announcing $2 Billion Convertible Notes Offering (HOOD)

Robinhood Markets (NASDAQ:HOOD) shares declined 4% on Monday after the online brokerage revealed plans to raise $2.0 billion through a private placement of convertible senior notes due in 2029. The market reaction reflected investor concerns about the potential for future shareholder dilution, despite the company positioning the transaction as a move to strengthen its financial […]

Amazon Prime Day Set to Generate Record Online Spending as Retailers Compete for Shoppers (AMZN)

Amazon.com Inc. (NASDAQ:AMZN) is preparing to launch its 12th annual Prime Day event on Tuesday, with industry forecasts pointing to a significant surge in online spending across the retail sector. According to Adobe Inc., the four-day promotion is expected to drive approximately $26.3 billion in online sales across Amazon and rival retailers, representing a 9% […]

SpaceX Shares Slide in Premarket Trading as Valuation Concerns Intensify

SpaceX (NASDAQ:SPCX) shares were down 4.6% in premarket trading after KeyBanc adopted a more cautious view on the stock, arguing that the company’s valuation has become increasingly demanding following its strong performance since listing. The decline reflects growing debate among investors over whether SpaceX’s long-term growth opportunities are sufficient to support its current market capitalisation […]

Jefferies Lowers Tesla Target and Highlights Potential SpaceX Tracking Stock Risk

Jefferies has reduced its price target on Tesla (NASDAQ:TSLA) to $375 and identified what it sees as an emerging structural risk for shareholders: the possibility that expectations surrounding a future combination with SpaceX (NASDAQ:SPCX) could cause Tesla shares to increasingly trade as a proxy for SpaceX. The brokerage argues that growing investor belief in a […]

Airlines Poised to Benefit from Lower Fuel Costs, but Cheaper Tickets May Be Slow to Arrive

Airlines could see a substantial reduction in fuel expenses following the decline in oil prices triggered by the interim peace agreement between the United States and Iran. However, passengers should not expect ticket prices to fall immediately, as constrained capacity may allow carriers to retain much of the recent fare increases. The situation is particularly […]

AI Developments and Iran Diplomacy Drive Market Sentiment: Dow Jones, S&P, Nasdaq, Wall Street Futures

U.S. stock index futures recovered part of their earlier losses on Monday after signs of progress emerged from diplomatic discussions between Iran and the United States, easing concerns about renewed tensions in the Middle East. Investors also remained focused on developments within the artificial intelligence sector after President Donald Trump adopted a less confrontational tone […]

Goldman Sachs Lowers Oil Outlook as Strait of Hormuz Reopening Accelerates Supply Recovery

Goldman Sachs has reduced its oil price forecasts for 2026 and 2027 after President Trump announced an interim agreement that would end the U.S. blockade and reopen the Strait of Hormuz, with a formal signing expected on Friday. The investment bank now expects oil exports from the Persian Gulf to return to pre-conflict levels by […]

SpaceX IPO Could Ignite Fresh Market Momentum, Says Evercore

The blockbuster stock market debut of SpaceX (NASDAQ:SPCX) last week may mark the beginning of a new phase in the current bull market, according to strategists at Evercore ISI, who see parallels with the transformative impact of Netscape’s IPO in 1995. SpaceX, trading under the ticker SPCX, raised $75 billion through its initial public offering […]

Energy Sector Faces Long Recovery Despite U.S.-Iran Breakthrough

Oil prices fell sharply after the United States and Iran unveiled a framework agreement aimed at ending their conflict and reopening the Strait of Hormuz, with markets quickly pricing in the prospect of renewed energy flows. However, industry experts caution that restoring Middle East oil and gas production, refining operations and export infrastructure to pre-war […]

Netflix Signals Interest in More Broadcaster Partnerships Following TF1 Agreement (NFLX)

Streaming Giant Looks to Expand Collaborative Model Netflix (NASDAQ:NFLX) is open to pursuing additional partnerships with traditional television broadcasters after launching its new agreement with French media group TF1, according to comments from co-chief executive Greg Peters reported by the Financial Times. Peters said the company intends to use the TF1 arrangement as an opportunity […]