Nasdaq beat fourth-quarter earnings estimates on Thursday, thanks to continued market volatility, and CEO Adena Friedman boosted the outlook for accelerated initial stock sales in 2026. New listings made a long-awaited comeback last year, defying concerns about tariffs and a US government shutdown to raise their biggest returns since 2021, Dealogic data shows. Dealmakers and […]
U.S. stock prices fell on Friday, putting Wall Street’s major indexes on track for a second straight weekly decline as Intel tumbled on a bleak outlook and ongoing geopolitical tensions sapped risk appetite.Stocks have recovered over the past two sessions after Tuesday’s sharp sell-off, triggered by US President Donald Trump’s threats to impose tariffs on […]
Stocks rose on Thursday after President Donald Trump backtracked on threats to hit key European countries with tariffs over their opposition to a US takeover of Greenland.Gains were also fueled by a rise in technology stocks, as artificial intelligence trading was back in the spotlight after the head of top AI chipmaker Nvidia said the […]
Wall Street’s major indexes fell for a second straight day as investors analyzed results from Bank of America and Citigroup, while data on retail sales and producer prices failed to shake expectations for interest rate cuts later this year.Shares of Bank of America fell 3.5% even as the lender beat quarterly profit expectations, while Wells […]
Wall Street’s major indexes rose on Friday after a weaker-than-expected jobs report kept bets on US interest rate cuts intact.A Labor Department report shows nonfarm payrolls rose by 50,000 in December, compared with an estimated increase of 60,000 according to economists polled by Reuters. The unemployment rate fell to 4.4%, slightly below the expected 4.5%. […]
Wall Street moved higher on Tuesday led by healthcare and technology stocks, extending the previous session’s rally as markets positioned for the week’s key jobs report to gauge the Federal Reserve’s policy outlook.The financial sector-driven rally had pushed the blue-chip Dow to a record high on Monday. The Dow Jones is now about 1.9% away […]
TLDR Dan Ives predicts that tech stocks will rise 20 to 25% by 2026, driven by AI monetization in the consumer and enterprise sectors. Tesla and Nvidia are leading the way in physical AI, with CES 2026 expected to showcase advances in robotics and autonomous technologies. Only 3% of US companies have implemented AI, but […]
US stocks started the shortened holiday week on a positive note, while technology stocks continued to rise on renewed enthusiasm about artificial intelligence as investors awaited key economic data later this week.A rally in tech stocks that started late last week, driven by Micron Technology’s blowout forecasts and a favorable inflation report, has left the […]
Asian shares started the week on a positive note, following Wall Street’s gains on Monday, as technology shares drove investor sentiment and currency markets struggled with volatility, while the Japanese yen fell to a record low.In Japan, Nikkei added 973 points or 1.97% to reach 50,480 at 8:40 am IST. South Korea’s Kospi also rose […]
Wall Street stocks rose early Friday as markets factored in new commentary from a senior Federal Reserve official and expected lower trading volumes during the holiday season.New York Federal Reserve President John Williams told CNBC that Thursday’s reading showing lower inflation was likely “distorted” due to data collection difficulties during the government shutdown, dampening enthusiasm […]