Morgan Stanley has retained its forecast for the Federal Reserve to hold interest rates through year-end, but warned that a drop in unemployment below 4% or persistently elevated inflation could force a rethink in favor of rate hikes. In a note to clients, analyst Michael Gapen said incoming data since the June FOMC meeting has Read More
Dow futures exhibited a mixed performance on Friday as investors exercise caution following yet another challenging week for technology stocks. Reports indicating that OpenAI might postpone its much-anticipated market entry have heightened worries regarding elevated AI valuations, while Apple’s recent price increases have further impacted sentiment. In other developments, South Korea’s leading semiconductor manufacturers are Read More
Dow futures indicate an upward trajectory on Thursday, propelled by technology stocks following robust earnings from Micron and positive outlooks from Qualcomm, which have rekindled enthusiasm surrounding the artificial intelligence sector. Investors are anticipating a crucial inflation report later today that may influence expectations regarding Federal Reserve interest rates, while oil prices are experiencing a Read More
S&P and Nasdaq futures edged higher on Wednesday following a significant selloff in technology shares that unsettled Wall Street. Investors are now turning their attention to earnings from memory-chip maker Micron for insights into the vitality of the artificial intelligence sector. Meanwhile, oil prices continue to decline as advancements in U.S.-Iran negotiations alleviate supply concerns, Read More
Wall Street appears poised for a subdued opening as investors retreat from technology stocks, driven by escalating worries regarding elevated interest rates and the substantial expenditures necessary to support the artificial intelligence surge. Futures linked to the Nasdaq are experiencing declines following a significant drop in SpaceX shares. Concurrently, oil prices are on the decline Read More
Dow futures have rebounded from initial declines on Monday, following indications from Iran of advancements in diplomatic discussions with Washington, which has alleviated concerns regarding a potential resurgence of tensions in the Middle East. Investors were closely monitoring the artificial intelligence sector as President Donald Trump moderated his position on Anthropic after a week marked Read More
Yann LeCun characterised Elon Musk’s xAI as a “failure,” asserting that it lacks the capability to compete at the forefront of artificial intelligence. He elaborated on his perspective regarding potential factors that could trigger a “big bubble explosion” within the industry. The remarks made by LeCun revive an ongoing dispute with Musk and raise questions Read More
Dow Futures are showing a slight increase following a decline in stocks that occurred after the initial monetary policy announcement from the Federal Reserve under the leadership of new Chair Kevin Warsh. The central bank maintains its current interest rates, yet a number of officials anticipate at least one rate increase in 2026 to address Read More
Dow futures are showing a slight increase as the market anticipates a significant decision from the Federal Reserve regarding monetary policy. Concurrently, media reports are starting to shed light on the specifics of a potential framework for peace in the Middle East. Brent crude futures continue to decline, yet remain above pre-war levels, while SpaceX Read More
Dow futures are fluctuating around the neutral point, as traders are keen to analyse the yet-to-be-revealed details of a potential peace agreement between the United States and Iran. President Donald Trump asserts that the Strait of Hormuz will be completely unblocked by Friday, despite indications of some disagreement regarding the timeline. Oil prices are experiencing Read More
