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U.S. stock futures advanced on Thursday, as the Dow Jones, S&P 500 and Nasdaq 100 indices rose, following Wednesday’s lower close. In a unanimous vote, all 12 Federal Open Market Committee members approved a 25-basis-point increase in the federal funds rate, bringing the target range to 3.75%—4.00%. Amid the Middle Eas
Anthony Pompliano said the August U.S. jobs report’s gender split suggests an underlying immigration story, after nonfarm payrolls rose 162,000 versus 56,000 expected and unemployment held at 4.1%.
SK Group Chairman Chey Tae-won said SK Hynix is not overly dependent on one customer and called Nvidia its most important customer while describing demand for memory as explosive.
Treasury Secretary Scott Bessent criticized Economist Robert Reich ‘s analysis, arguing that McDonald’s Corporation (NYSE: MCD ) issues are not due to structural inequality but rather competition from rivals like Burger King, whose parent company is Restaurant Brands International Inc. (NYSE: QSR ). Bessent’s post on X
U.S-listed shares of SK Hynix Inc (NASDAQ: SKHY ) fell over 6% to $141.55 a piece in premarket trading on Thursday amid global volatility in technology stocks. The stock briefly hit South Korea’s 30% daily limit-down in South Korea’s first alternative trading system, Nextrade ‘s premarket session, after only 11 shares
On Thursday, Apple Inc. (NASDAQ: AAPL ) shares fell sharply despite the company beating Wall Street’s fiscal third-quarter revenue and earnings expectations. Apple Stock Drops as Supply Concerns Take Center Stage On X, Deepwater Asset Management managing partner Gene Munster said, "The stock turned around slightly with
KO Ceo on Cnbc
Nvidia Corp. (NASDAQ: NVDA ) CEO Jensen Huang said the U.S. should embrace, not ban, China’s AI models, arguing that high-quality open-source technology should be used rather than feared. In an interview with Axios on Tuesday, Huang called the Chinese models “excellent” and dismissed concerns that OpenAI and Anthropic
The U.S. Food and Drug Administration on Tuesday granted modified risk tobacco product (MRTP) orders to Philip Morris International Inc.’s (NYSE: PM ) subsidiary for 20 ZYN nicotine pouch products. The update allows the company to market them with claims that switching completely from cigarettes to the products lowers
Summary US equity market looked to finish off quarter and month on an up note. Tech did a good portion of the heavy lifting, unwinding some the mega-cap weakness/rotations seen into quarters end. May JOLTS jobs data jumped up towards 7.6M openings pushing up Treasury yields marginally. EU CPI readings were broadly cool
Summary US equity market looked to finish off quarter and month on an up note. Tech did a good portion of the heavy lifting, unwinding some the mega-cap weakness/rotations seen into quarters end. May JOLTS jobs data jumped up towards 7.6M openings pushing up Treasury yields marginally. EU CPI readings were broadly cool
Morgan Stanley doubles its China humanoid robot shipment forecast to 50,000 units this year, driven by accelerating commercialization and growing demand
Wedbush analyst Dan Ives believes the AI revolution is in its third inning and the recent chip sell-off is a 'gut check moment' rather than a sign of weakening demand
Tesla ETFs may benefit from speculation of a potential merger with SpaceX, driven by the possibility of a future acquisition or combination
Global stocks sell off, led by deep losses for tech stocks, with South Korea's Kospi index closing 10% lower and the Stoxx 600 Technology index declining 3%.
The US is trying to win back Chinese soybean buyers by emphasizing crop quality as Brazil takes a greater share of the market
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The stock has surged more than 40% since its historic debut. Investor bullishness showed signs of waning on Wednesday as shares sank 5%. SpaceX shares dropped 2% on Thursday, as the stock's recent rally showed signs of cooling following a record-breaking IPO last week. Elon Musk 's space and AI company saw its stock su
The stock has surged more than 40% since its historic debut. Investor bullishness showed signs of waning on Wednesday as shares sank 5%. SpaceX shares dropped 7% on Thursday, as the stock's recent rally showed signs of cooling following a record-breaking IPO last week. Elon Musk 's space and AI company saw its stock su
The stock has surged more than 40% since its historic debut. Investor bullishness showed signs of waning on Wednesday as shares sank 5%. SpaceX shares dropped 9% on Thursday, as the stock's recent rally showed signs of cooling following a record-breaking IPO last week. Elon Musk 's space and AI company saw its stock su
The stock has surged more than 40% since its historic debut. Investor bullishness showed signs of waning on Wednesday as shares sank 5%. SpaceX shares dropped 8% on Thursday, as the stock's recent rally showed signs of cooling following a record-breaking IPO last week. Elon Musk 's space and AI company saw its stock su
SpaceX shares hold steady in premarket trading on Thursday. The stock has surged more than 40% since its historic debut. SpaceX shares held steady in premarket trading on Thursday, after the stock's recent rally showed signs of cooling following a record-breaking IPO last week. Elon Musk 's space and AI company saw its