Intel shares surged nearly 30% in pre-market trading Thursday, crossing above $32 for the first time since July 2024, after Nvidia announced a landmark $5 billion investment in the chipmaker. Details of the Investment Nvidia confirmed it would purchase $5 billion worth of Intel stock at $23.28 per share, cementing …
Read More »The Curious Case of Soaring Dow, Slowing US Economy
In the current market landscape, a confusing mix of economic signals has triggered a frenzy of optimism on Wall Street. On one hand, the Dow Jones Industrial Average has soared to new heights, fueled by hopes that the Federal Reserve will soon begin cutting interest rates. On the other, data …
Read More »Goldman Sachs Q2 Profit Jumps 22% Amid Strong Trading and Investment Banking Gains
Goldman Sachs reported a 22% increase in profit for Q2, driven by record equities trading revenue and a resurgence in investment banking activity. The strong results reflect how market volatility, partly fueled by trade policy uncertainties, has benefited Wall Street’s trading desks. Key Results: Profit: $3.7 billion, or $10.91 per …
Read More »U.S. Stock Futures Dip Amid Tariff Concerns and Corporate News
U.S. stock index futures edged lower on Thursday, retreating slightly from the prior session’s strong gains as investors absorbed the latest tariff announcements from President Donald Trump. Stock Market Movement At 05:50 ET (09:50 GMT), Dow Jones Futures were down 105 points, or 0.2%, S&P 500 Futures fell 12 points, …
Read More »Stock Futures Slide Amid Trade Uncertainty and Concerns Over Tariffs
U.S. stock index futures fell Monday, as growing uncertainty surrounding President Donald Trump’s trade tariff plans overshadowed market sentiment. Market Overview At 05:15 ET (09:15 GMT), Dow Jones Futures were down 115 points, or 0.3%, S&P 500 Futures dropped 32 points, or 0.5%, and Nasdaq 100 Futures slipped 145 points, …
Read More »U.S. Stock Futures Rise on Trump’s Israel-Iran Ceasefire Announcement, Oil Prices Ease
U.S. stock index futures surged on Tuesday following President Donald Trump’s announcement of a ceasefire between Israel and Iran, offering investors some much-needed relief after 12 days of escalating conflict in the Middle East. The announcement calmed market jitters that had weighed on global risk assets and stoked inflation fears. …
Read More »U.S. Stock Futures Rise as Investors Await Fed Decision and Assess Israel-Iran Conflict
U.S. stock futures edged higher on Wednesday as traders evaluated the ongoing Israel-Iran conflict and braced for the conclusion of the Federal Reserve’s policy meeting later in the day. At 05:20 ET (09:20 GMT), Dow Jones Futures gained 100 points, or 0.2%, S&P 500 Futures rose 20 points, or 0.3%, …
Read More »Trump Announces 50% Steel Tariffs, U.S. Steel Stocks Surge on Nippon Deal Optimism
U.S. President Donald Trump has reignited trade tensions by announcing a dramatic increase in steel tariffs, doubling the rate from 25% to 50%. The move, unveiled during a rally in Pennsylvania, is intended to fortify the U.S. steel industry and support a landmark deal between Nippon Steel Corporation and U.S. …
Read More »U.S. Stock Futures Steady as Nvidia Earnings Awaited; Tariff Truce Boosts Sentiment
U.S. stock index futures hovered near flat in early Wednesday trading, as investors caught their breath following a robust rally sparked by easing tariff tensions. Market focus has now shifted to the upcoming earnings release from chipmaker Nvidia (NASDAQ:NVDA) and fresh updates on global trade policy. At 06:42 a.m. ET, …
Read More »U.S. Stock Futures Soar as Trump Delays EU Tariffs, Market Focus Shifts to Fed and Nvidia
U.S. stock index futures surged on Tuesday, rebounding from last week’s losses, after President Donald Trump announced a delay in imposing steep trade tariffs on the European Union. The move alleviated immediate fears of a transatlantic trade war and bolstered risk appetite across markets. At 06:20 ET (10:20 GMT), Dow …
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