Apple reportedly tests CXMT memory chips as AI demand tightens global supply

Apple Inc (NASDAQ:AAPL) is reportedly evaluating memory chips produced by China’s CXMT Corp for use across products including iPhones and MacBooks as surging artificial intelligence investment places increasing pressure on global memory supplies. According to The Wall Street Journal, Apple has also held preliminary discussions with CXMT about potentially sourcing memory components for devices sold […]

Iran demands, Berkshire Hathaway results and U.S. inflation shape market sentiment: Dow Jones, S&P, Nasdaq, Wall Street Futures

U.S. stock futures were mixed but generally positive on Monday as investors weighed diminishing prospects for a rapid resolution to the Iran conflict against expectations for important U.S. inflation data later this week. Markets were also digesting Berkshire Hathaway’s (NYSE:BRK.B) latest results, which showed new chief executive Greg Abel beginning to deploy more of the […]

Strong S&P 500 Earnings Provide Support as AI Stocks Remain Volatile

Strong second-quarter corporate earnings are helping support U.S. equities despite continued turbulence among artificial intelligence-related stocks, according to Goldman Sachs. The bank believes recent weakness in momentum-driven AI names resembles previous periods of consolidation rather than necessarily signalling the end of the investment theme. AI Stocks Enter Consolidation After Powerful Rally Goldman strategists led by […]

Citi Recommends Buying the Dip in Memory Stocks as AI Cycle Gains Momentum

Citi believes the recent sell-off in memory chip stocks presents a buying opportunity, arguing that the artificial intelligence-driven memory cycle is still in its early phases and could ultimately exceed the industry’s previous boom between 2001 and 2007. The bank says the current environment shares many similarities with the long NAND expansion seen during the […]

SocGen Raises S&P 500 Target to 8,000 as Earnings Momentum Spreads

Societe Generale believes the strength of the U.S. earnings season is extending well beyond the technology sector, reinforcing its bullish outlook for equities. In a note to clients this week, the bank reiterated its expectation that the S&P 500 will climb to 8,000 and encouraged investors to “buy the momentum dip.” Earnings Season Continues to […]

Could Copper’s Tariff-Driven Rally Be Running Out of Steam?

Copper prices have surged to near-record levels as markets continue to price in the possibility of new U.S. import tariffs. The rush to move material into the United States has tightened global supplies and pushed physical market indicators higher, but any deviation from current tariff expectations could challenge the premium built into prices. Copper Near […]

UK Stocks Could Prove More Resilient Than U.S. Equities if AI Boom Unravels

The UK stock market may outperform its U.S. counterpart if the artificial intelligence-driven rally comes to an end, according to new analysis from Capital Markets. The research argues that the FTSE 100 is structurally better positioned than many global equity indices to withstand a sharp correction in AI-related stocks. Recent market performance appears to support […]

Weak July Jobs Report Eases Rate Fears as S&P 500 Sets a Record

Wall Street ended the week on a strong note Friday, with all three major indexes closing higher after a surprisingly weak July jobs report convinced investors that the Federal Reserve is unlikely to raise interest rates any time soon. The Labor Department said the economy lost 23,000 jobs in July, while the unemployment rate held […]

Wendy’s Tops Second-Quarter Expectations but Cuts Dividend and Suspends 2026 Guidance

The Wendy’s Company (NASDAQ:WEN) reported stronger-than-expected second-quarter results, but also announced a lower dividend and withdrew its full-year financial outlook as the company’s new management team begins implementing a turnaround strategy. Earnings Beat Wall Street Forecasts Wendy’s posted adjusted earnings of $0.18 per share for the second quarter, exceeding analysts’ consensus estimate of $0.17. Revenue […]

U.S. Stocks Poised for Higher Open as Weak Jobs Report Boosts Rate Cut Hopes: Dow Jones, S&P, Nasdaq, Wall Street Futures

U.S. stock futures pointed to a stronger open on Friday after a weaker-than-expected July employment report eased concerns that the Federal Reserve could raise interest rates again in the near term. Futures accelerated higher following the release of the latest Labor Department data, with investors interpreting the softer labour market figures as reducing the likelihood […]

Cloudflare Shares Surge After Strong Second-Quarter Results and Higher 2026 Outlook

Cloudflare (NYSE:NET) shares jumped around 16% in premarket trading on Friday after the cloud networking and cybersecurity company reported second-quarter results that exceeded Wall Street expectations and raised both its quarterly and full-year guidance. The company delivered better-than-expected earnings and revenue, reflecting continued demand for its cloud infrastructure and artificial intelligence services. Revenue and Earnings […]

Airbnb Beats Second-Quarter Expectations and Raises 2026 Forecast as Travel Demand Strengthens

Airbnb (NASDAQ:ABNB) shares climbed more than 8% in premarket trading on Friday after the online accommodation platform reported second-quarter results that exceeded Wall Street forecasts and upgraded its outlook for the full year. Strong travel demand, rising booking volumes and higher average daily rates supported the company’s performance. Airbnb posted earnings of $1.37 per share, […]

T-Mobile CEO Says Starlink’s Competitive Threat to Mobile Networks Is Overstated

The competitive risk posed by satellite providers such as Starlink has been overstated, according to T-Mobile (NASDAQ:TMUS) Chief Executive Srini Gopalan, who argued that traditional mobile operators remain well positioned to meet consumers’ connectivity needs. Speaking in an interview with the Financial Times, Gopalan questioned the role satellite-based mobile services are expected to play and […]

Meta Ordered to Pay $567 Million in Landmark Child Safety Ruling

Meta Platforms Inc (NASDAQ:META) has been ordered by a New Mexico court to pay $567 million into a dedicated fund supporting initiatives to address harm experienced by young users, in one of the most significant legal decisions to date involving child safety and social media platforms. The decision was issued by Judge Bryan Biedscheid of […]

US Jobs Report in Focus as Middle East Tensions and Corporate News Shape Markets: Dow Jones, S&P, Nasdaq, Wall Street Futures

US stock futures traded close to unchanged on Friday as investors awaited the latest employment data, a key release that could influence the Federal Reserve’s next interest rate decision. Markets were also monitoring renewed geopolitical tensions in the Middle East following a fresh Houthi attack on Saudi Arabia, while reports suggested Iran and Oman are […]

Dow Slips From Record as Rising Yields and Oil Weigh on Wall Street

Stocks pulled back on Thursday, with the Dow Jones Industrial Average leading the retreat as climbing Treasury yields, firmer oil prices, and a heavy run of corporate earnings gave investors reason to lock in some profits. The blue-chip index slipped from the record territory it reached earlier in the week, snapping a five-day winning streak, […]

Wall Street futures signal muted start as investors await U.S. jobs report: Dow Jones, S&P, Nasdaq

U.S. stock futures were little changed ahead of Thursday’s opening bell, pointing to another cautious session as investors looked ahead to Friday’s closely watched employment report for fresh clues on the Federal Reserve’s next policy move. Markets are expected to remain rangebound as traders avoid taking large positions before the release of July’s non-farm payrolls […]

Restaurant Brands tops second-quarter earnings forecasts as Burger King drives growth

Restaurant Brands International Inc. (NYSE:QSR) reported second-quarter results ahead of Wall Street earnings expectations on Thursday, with strong performance from Burger King helping to accelerate comparable sales growth despite mixed results across its other brands. Adjusted earnings came in at $1.07 per share, beating analysts’ consensus estimate of $1.04. Revenue totaled $2.52 billion, in line […]

Alphabet launches 10-part bond sale to support massive AI investment plans

Alphabet Inc. (NASDAQ:GOOG) has returned to the U.S. corporate bond market with a 10-part benchmark debt offering as the technology giant seeks to finance a major expansion of its artificial intelligence infrastructure. According to Bloomberg News, the transaction is expected to price today and includes both fixed- and floating-rate securities with maturities ranging from two […]

Fox beats fourth-quarter estimates as World Cup advertising drives record revenue

Fox Corporation (NASDAQ:FOX) reported stronger-than-expected fourth-quarter results on Thursday, with advertising revenue from the FIFA Men’s World Cup helping the media company comfortably exceed Wall Street forecasts for both earnings and revenue. Shares rose around 4% in premarket trading following the announcement. Adjusted earnings came in at $1.79 per share, outperforming analysts’ consensus estimate of […]