A month ago, Alphabet briefly surpassed Nvidia by market cap. The stock has experienced a continuous decline, culminating in its fourth consecutive weekly decrease, marking the longest losing streak in over a year. That is the prevailing sentiment in the market as Alphabet seeks to secure $85 billion in new capital to support its artificial Read More
Dow Futures indicate a general decline as persistent tensions in the Middle East have undermined expectations for a swift resolution to the Iran conflict. Hezbollah militants, aligned with Tehran, have dismissed a ceasefire agreement between Israel and Lebanon, which may further complicate the ongoing peace negotiations between the U.S. and Iran. Markets are currently anticipating Read More
Dow Futures are exhibiting a mixed performance as investors assess the precarious ceasefire between Israel and Lebanon. Brent crude oil experiences a decline as optimism grows that the truce may catalyse advancements in U.S.-Iran peace negotiations. Meanwhile, Broadcom shares have declined following the chipmaker’s announcement of its quarterly earnings, while SpaceX has established the price Read More
Dow Futures remain slightly below the flatline as investors evaluate the excitement surrounding artificial intelligence alongside the persistent tensions in the Middle East. Oil prices are on the rise once more, coinciding with the OECD’s downward revision of its global economic growth forecast. The Trump administration proposes at least 10% tariffs on imports from 60 Read More
Dow Futures muted, as investors remain cautious amid conflicting signals regarding the status of peace negotiations between the U.S. and Iran. Hewlett Packard Enterprise has announced record results for the second quarter, advancing its long-term financial objectives by two years, driven by robust demand for artificial intelligence data centers. Meanwhile, Alphabet, the parent company of Read More
Dow Futures associated with the primary U.S. indices indicate an upward trend, despite an exchange of strikes between the U.S. and Iran casting a shadow over the prospects for diplomatic efforts aimed at resolving the conflict. Oil prices are on the rise, remaining above pre-war levels yet still below the recent highs exceeding $100. Investors Read More
According to Truist, Amazon and Alphabet are poised for a rally as their cloud businesses expand, surpassing the expectations of market analysts. The bank has increased its price target on Amazon to $320 from $310 per share, suggesting a 17% potential upside based on Thursday’s closing price. Truist has increased its price target on Alphabet Read More
Dow Futures hover near the neutral point, as traders closely monitor developments regarding potential advancements in negotiations aimed at resolving the conflict in Iran. Oil prices are poised for a weekly decline, indicative of growing optimism regarding a potential agreement between the U.S. and Iran in the near future. Elsewhere, new information surfaces regarding what Read More
Dow Futures indicate a downward trend, as oil prices experience an uptick, following a recent escalation of strikes between the U.S. and Iran that has undermined expectations for a swift peace agreement. Meanwhile, a crucial inflation metric that the Federal Reserve closely observes is scheduled for release. Dow Futures declined on Thursday, as an investors Read More
Dow Futures linked to the main U.S. averages rise, after a rally in chipmaking stocks powered a jump in the S&P 500 and in the prior session. Oil prices drop, with markets focused on the uncertain trajectory of talks to end the war in Iran. Elsewhere, a majority of unionized workers at approved a tentative Read More
