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 an uptick, suggesting a potential rebound on Wall Street after a significant decline in the previous trading session. The U.S. and Iran have engaged in a new series of strikes, despite media reports indicating that the two nations conducted discussions overnight. Oil prices have declined, pulling back from an earlier surge Read More
Dow Futures indicate an upward trajectory, as investors assess the implications of the ongoing Iran conflict alongside a rebound in artificial intelligence chipmaking stocks. President Donald Trump posits that the United States may achieve “total victory” over Iran “over the next two weeks,” amid indications of a de-escalation in tensions within the Middle East. OpenAI Read More
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 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
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
A surge of initial public offerings from large-cap companies this year may signify a peak in the market, according to strategists, who are drawing comparisons to the dot-com bubble of the late 1990s. SpaceX’s highly awaited initial public offering, as confirmed in a regulatory filing on Thursday and anticipated for June 12, has the potential Read More
Dow Futures rise, driven by impressive results from key companies. The artificial intelligence chip giant reports yet another quarter of unprecedented revenue and profit, primarily driven by a surge in demand catalysed by the onset of the AI agents era. Files for what could be the largest initial public offering ever, while OpenAI is reportedly Read More
Dow Futures are hovering near the flatline. Markets are evaluating the latest developments in the Iran conflict while gearing up for the crucial quarterly earnings report from a leading player in the artificial intelligence chip sector. Analysts anticipate that the documentation for the highly awaited initial public offering of Elon Musk’s rocket enterprise SpaceX may Read More
