S&P 500 and Nasdaq 100 at Record Highs on Tech Earnings and US-Iran Peace Hopes
The S&P 500 and Nasdaq 100 both hit record highs, driven by strong tech sector earnings and optimism over a potential US-Iran diplomatic deal. Easing Middle East tensions reduced oil supply risk, while solid corporate results boosted confidence in near-term profit growth.
1mo ago · 2 min · Markets
Wall St Week Ahead-Soaring US stocks face pivotal week of tech-led earnings, Fed meeting
Wall Street faces a high-stakes week as major technology company earnings and a Federal Reserve rate decision land together. With US stocks already trading at elevated levels, markets have little room for disappointment on either front.
1mo ago · 3 min · Markets
US stock market today: Dow, S&P 500 futures flat as US-Iran peace talks stall; Brent climbs above $108
US stock futures dipped as ceasefire talks with Iran stalled, pushing Brent crude above $108 a barrel. Elevated oil prices risk squeezing corporate margins ahead of major tech earnings reports due this week.
1mo ago · 2 min · Markets
US stocks today: US market ends higher, S&P 500, Nasdaq notch biggest monthly gains in years
The S&P 500 and Nasdaq closed higher Thursday, booking their biggest monthly gains in years as strong corporate earnings offset oil and geopolitical concerns. Alphabet reported a record quarter for its cloud unit, boosting tech sentiment. Industrials and technology sectors led the broad-based rally.
2mo ago · 1 min · Markets
Apple eyes iPhone growth in first earnings report since Tim Cook's announced exit
Apple is expected to post roughly 20% iPhone revenue growth in its latest earnings report. The results land as CEO Tim Cook has announced he is leaving, making leadership transition a key backdrop. Strong iPhone numbers could steady investor confidence during the changeover.
2mo ago · 1 min · Technology
Meta tanks 10%, Alphabet climbs 5% as each company raises capex spend
Alphabet and Meta both announced rising capex plans, but markets moved them in opposite directions. Alphabet gained around 5% while Meta fell roughly 10%, suggesting investors see more near-term return risk in Meta's spending trajectory. The split sets a cautious tone ahead of other major tech earnings.
2mo ago · 1 min · Markets
Amazon tops cloud expectations on strong AI demand, shares rise
Amazon's cloud unit AWS beat revenue expectations, fueled by rising AI demand, pushing the company's shares up. Strong AWS results signal healthy enterprise spending on AI infrastructure. The result adds to similar beats from Microsoft and Google, pointing to a broad sector trend.
2mo ago · 1 min · Markets
Nasdaq Futures Climb as TSMC Boosts Tech Optimism
Nasdaq futures climbed after TSMC reported earnings that signaled strong demand for advanced semiconductors, lifting tech sector sentiment broadly. As the primary manufacturer for Nvidia, Apple, and AMD, TSMC's results serve as a leading demand indicator for AI and hardware equities. Markets are now watching whether
2mo ago · 1 min · Markets