Consumer Tech Weekly Roundup Covers Earnings, AI and Product News
A consumer technology roundup covers reported results, AI developments, product announcements and other corporate news from Oct. 12–16.
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US STOCKS — S&P 500, Nasdaq set for steep weekly losses as AI jitters rattle investors
Indexes down: Dow 0.03%, S&P 0.56%, Nasdaq 1.3% Chips, neocloud companies slide as debt concerns linger Gains in banks limit Dow's fall, set for weekly gains (Updates with afternoon trade) By Tharuniyaa Lakshmi and Purvi Agarwal Oct 16 (Reuters) — The benchmark S&P 500 and Nasdaq were set to end the week in the red, wi
GLOBAL MARKETS — Most Asian stocks rise as calm returns after CoreWeave shock; Indonesia faces market downgrade
US dollar droops toward weekly loss on lower US Treasury yields Bond markets stabilize after rush for safe havens on Thursday Oil edges lower as markets weigh Middle East risks TOKYO, Oct 16 (Reuters) — Asian stocks rebounded on Friday following heavy selling in the previous session when investors dumped tech shares as
U.S. Stock Futures Mixed as S&P 500 and Nasdaq 100 Fall
U.S. stock futures were mixed Thursday, with the S&P 500 and Nasdaq 100 lower while the Dow Jones rose. The report also cited pressure on chip stocks and escalating Middle East conflict.
U.A.E. Bank Stocks Face Pressure After Weekly Selloff
Dubai's BHM Capital says the S&P U.A.E. Banks Index fell 3.7% last week, nearing its long-term moving average. Abu Dhabi Commercial Bank dropped 5.1%.
Bulls and Bears: Nvidia, Lumentum, Planet Labs
examined the prospects for many investors’ favorite stocks over the last week — here’s a look at some of our top stories. U.S. stocks made weekly gains despite a volatile finish, as record-high Treasury yields, rising oil prices, and fresh doubts about the artificial intelligence boom weighed on investor sentiment. The
Asian shares rise, Treasury yields near multi-decade highs, euro pressured
Asian stocks rose on Tuesday after a tech-fuelled rally lifted the Nasdaq to a record close, with a retreat in oil prices offering further support even as longer-dated Treasury yields hovered near multi-decade highs. The euro languished near 17-month lows after briefly touching $1.116 overnight, pressured by mounting f
Asia Morning Call: Nikkei rises 1.30%, US 10-year yield at 5.165%
Regional markets were mixed, with Japan's Nikkei 225 up 1.30% and the benchmark US 10-year Treasury yield last at 5.165%. Spot gold was up 0.1% at $4,282.98 an ounce.
Asia markets mixed as Japanese bond yields rise to historic levels
Global stocks were little changed, while Japanese government bond yields climbed to historic levels and US Treasury yields edged lower. Gold rose and Brent crude eased, with traders still pricing in further Federal Reserve rate hikes.
Ross Stores raises 2026 earnings guidance after Q2 double beat
Ross Stores reported second-quarter revenue of $6.27 billion and earnings of $2.66 per share, both above estimates, and lifted 2026 earnings guidance to $8.61-$8.77 per share.