Futures associated with the tech-centric Nasdaq have declined significantly, indicating a continuation of substantial losses in the tech sector from the previous session, as quarterly earnings reports from Amazon and Intel have heightened worries regarding extensive expenditures on artificial intelligence. Binance has taken the step of freezing assets following the theft of billions of dollars Read More
Dow Futures tick higher, following a relief rally in semiconductor stocks that fuelled the best day for the S&P 500 in nearly two months. Results from iPhone-maker Apple and e-commerce giant Amazon dominate the earnings slate following the close of U.S. markets. Tesla CEO Elon Musk has dismissed rumours surrounding the electric car manufacturer’s operations 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 slipped lower Friday as the selloff in tech stocks continues. Online retailer has outlined a massive surge in capital expenditure spending, while auto giant has announced a strategic shift away from electric vehicles. has continued to fall and crude markets await the result of talks between the U.S. and Iran. Amazon became the Read More
Dow futures fluctuate slightly above and below the neutral point following U.S. President Donald Trump’s recent move in his assertive tariff strategy. Trump has dispatched letters to over a dozen countries detailing the increased tariffs they are now subject to, while delaying the deadline for the implementation of these elevated levies. In other developments, China Read More
Dow futures decline as the market anticipates the continuation of crucial trade negotiations between the U.S. and China. President Donald Trump suggests that there has been some advancement on the first day of negotiations, while various U.S. officials allude to a potential agreement concerning the export of essential rare earth materials. U.S. Health Secretary Robert Read More
Dow Futures are trending downwards, as traders assess the ramifications of Moody’s downgrade of its U.S. credit rating. Moody’s expresses concerns regarding the multi-trillion dollar U.S. debt burden, as legislators in Washington deliberate on a budget bill that, according to some experts, may further increase the nation’s liabilities. U.S. stock futures declined on Monday as investors Read More
Dow Futures have shown an upward trend on Friday, reflecting indications of a potential easing of tensions between China and the U.S., thereby creating an opportunity for discussions aimed at resolving the ongoing trade conflict. The forthcoming monthly U.S. jobs report is of significant importance, coinciding with the latest budget proposal from the Trump administration. Read More
Dow futures indicate a modest decline in anticipation of a series of significant earnings reports from major technology firms, alongside essential economic data from the United States scheduled for release this week. Investors are poised to monitor data from Microsoft and Meta Platforms, as well as metrics related to U.S. economic growth and inflation. In Read More
U.S. stock futures exhibited minimal movement Monday evening following a lackluster day on Wall Street, as investors approached with caution in anticipation of significant economic data releases and first-quarter earnings reports from major players such as Apple, Amazon, and Microsoft. The subdued movements also mirrored escalating global recession anxieties and persistent ambiguity surrounding U.S.-China tariff discussions. S&P Read More
