In extended trading, Microsoft surged over 7% and Meta Platforms rose nearly 6% after both beat earnings expectations, driven by strong cloud and advertising revenue, respectively. Earlier, markets briefly dipped as data showed the U.S. economy shrank 0.3% in Q1 — its first contraction …
U.S. stock futures edged lower as investors awaited key economic releases, including the March PCE price index and the first estimate of Q1 GDP. Attention is also on upcoming earnings reports from Meta Platforms and Microsoft. In extended trading, Super Micro Computer (SMCI) dropped …
U.S. stock futures rose on Tuesday as investors awaited earnings from major tech firms like Meta, Microsoft, Apple, and Amazon. While most S&P 500 companies have beaten earnings expectations, many are lowering future guidance due to tariff concerns. Treasury Secretary Scott Bessent said it's …
U.S. stock futures declined as investors prepared for a packed week of first-quarter earnings reports, with over 180 S&P 500 companies, including major tech names like Apple, Amazon, Meta, and Microsoft, set to announce results. Although first-quarter earnings have been generally strong, many companies …
US stocks rallied for a third straight day Thursday as megacap tech led the charge: S&P 500 +2%, Nasdaq 100 +2.7%, Dow +486 pts. Nvidia (+3.6%), Meta (+2.5%), Amazon (+3.3%), Tesla (+3.5%), Microsoft (+3.4%) all climbed. Investor optimism was buoyed by hopes for a …
U.S. markets rallied on Wednesday, with the Dow up 1.07%, the S&P 500 gaining 1.67%, and the Nasdaq surging 2.5%, boosted by President Trump's remarks suggesting Chinese tariffs may be lowered and reaffirming support for Fed Chair Powell. However, gains were trimmed after Treasury …
U.S. stock futures surged, extending gains from the previous session as investor sentiment improved. The rally was driven by President Trump’s assurance that he won’t dismiss Fed Chair Jerome Powell, easing concerns about political interference in monetary policy, and his more conciliatory remarks on …
U.S. stock futures edged higher, partially recovering from the previous session’s sharp losses as investors weighed concerns over Federal Reserve independence and unclear economic direction from the Presidential administration. All three major indices were set to open just under 1% higher. The earlier selloff, …
Index Update -US equities tumbled Wednesday as tech stocks led a broad sell-off, with the Nasdaq plunging 3% and the S&P 500 dropping 2.2%, after Nvidia warned of a $5.5 billion hit from new US export restrictions on AI chips to China. The route …
S&P 500 down 1.3%, Nasdaq 100 dropping 2.1%, and Dow Jones off by about 280 points, as mounting trade tensions raised concerns over corporate profits. Nvidia shares slid over 6% in premarket after announcing a $5.5 billion revenue hit due to U.S. restrictions on …