Dow market futures hover near the neutral point, as investors brace for an impending surge of corporate earnings and assess the prospects for the artificial intelligence sector. Netflix and United Airlines stand out on the quarterly earnings calendar, while OpenAI is said to be swiftly pursuing $30 billion in funding in anticipation of Anthropic’s highly Read More
The spread is widening between AI leaders OpenAI and Anthropic as a sell-off in CoreWeave leads neocloud stocks lower. OpenAI’s valuation has decreased by over 4% in the last 24 hours, having briefly fallen below $1.5 trillion, as indicated by perpetual futures pricing on the decentralised exchange Hyperliquid. Meanwhile, Anthropic perps have increased by 2.4% Read More
Dow Futures inched up as investors evaluated the prospects for the artificial intelligence boom, following a series of media reports concerning revenues at ChatGPT-maker OpenAI. Delta Air Lines is set to announce its most recent quarterly earnings, as the airline contends with a rise in fuel expenses. A recent survey of U.S. consumer sentiment may Read More
Dow Futures are down, indicating a cautious beginning to the trading week as investors evaluate the possible direction of Federal Reserve interest rates. Yemen’s Saudi-backed government has initiated an offensive against the Iran-aligned Houthi militants who are in control of a crucial chokepoint for oil shipping. In response, Tehran has declared that it will not Read More
Dow Futures remain subdued, as investors assess the persistent rise in U.S. bond yields. Claude-maker Anthropic anticipates a valuation exceeding $2 trillion, as reported by sources referencing the artificial intelligence start-up’s initial public offering prospectus. Anthropic competitor OpenAI has abandoned the launch of its next-generation artificial intelligence model due to its failure to meet internal Read More
Dow futures declined on Monday as investors confronted renewed uncertainty surrounding the conflict involving Iran, a significant increase in oil prices, and emerging concerns regarding the pace and safety of artificial intelligence development. President Donald Trump’s dismissal of an Iranian proposal to reopen the Strait of Hormuz intensified concerns within the energy market, while OpenAI’s Read More
New concerns regarding supply constraints through the Strait of Hormuz have intensified following the latest exchange of strikes between the U.S. and Iran in the region, resulting in an increase in oil prices. The U.S. stock markets are set to close for a holiday; however, traders are anticipating the release of crucial inflation data later 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, 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 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
