U.S. stocks hovered near record highs on Wednesday as potential Middle East peace progress offset sharp losses in artificial intelligence and technology shares. The Dow Jones Industrial Average climbed to a new record, while the S&P 500 and Nasdaq edged lower following heavy corporate spending reports from SpaceX and Advanced Micro Devices. Wall Street experienced … Read more
U.S. stocks held near record territory on Wednesday as the Dow Jones Industrial Average notched a fresh record close amid optimism over a potential peace deal in the Middle East. Meanwhile, big technology companies slumped and SpaceX shares tumbled 13.6% following the company’s first quarterly earnings report as a public company. Wall Street meandered to … Read more
U.S. stock futures rallied on Sunday evening as investors prepared for the July jobs report and a heavy week of corporate earnings, balancing strong second-quarter tech results against lingering inflation worries and fluctuating crude prices. Futures tied to the Dow Jones Industrial Average rose 200 points, or 0.4%, while S&P 500 futures advanced 0.5% and … Read more
Microsoft soared over 15% on Thursday, July 30, 2026, logging its biggest daily percentage gain in 18 years after forecasting upbeat sales and cloud growth. The tech giant’s stellar report eased investor anxiety over massive artificial intelligence infrastructure spending, helping Wall Street’s S&P 500 rally 1.7% and recover from its worst drop in seven weeks. … Read more
U.S. stocks rebounded sharply on Thursday, driven by a 15% surge in Microsoft following strong Azure results and a broader recovery in semiconductor shares. The gains followed a severe Federal Reserve-induced selloff, while the 30-year Treasury yield climbed to a 19-year peak amid ongoing inflation concerns. U.S. equities clawed back ground after the prior day’s … Read more
Citadel’s hedge fund strategies achieved positive returns in the first half of 2026, led by a 14.3% gain in its tactical trading fund. According to a person familiar with the firm’s returns, the firm managed approximately $69 billion in assets as of June 1 and successfully navigated a late-June quantitative market shakeout. How did Citadel’s … Read more
SpaceX may join the Nasdaq-100 index as early as July 7, potentially triggering significant buying from passive investment funds. According to Nasdaq, the company’s inclusion would follow a newly adopted fast-track framework that allows large IPOs to become eligible for the benchmark technology index after only 15 trading days. Why is SpaceX joining the Nasdaq-100 … Read more
Nasdaq futures dropped over 2% as investors reacted to rising U.S. interest rate expectations and skepticism regarding the sustainability of debt-financed artificial intelligence infrastructure. According to Reuters, the decline in tech-heavy futures follows a broader global selloff, with major chipmakers including Nvidia, Intel, and Advanced Micro Devices seeing significant premarket losses. Why Is the Tech … Read more
JPMorgan Chase CEO Jamie Dimon has expressed surprise at the current resilience of the U.S. stock market, citing a disconnect between investor optimism and significant geopolitical instability. While the S&P 500 has climbed nearly 80% over the last five years, Dimon warns that risks including conflict in Ukraine and the Middle East, along with tense … Read more
Bitcoin prices remain volatile, with the asset down nearly 50% from its October 2025 peak, yet institutional data suggests long-term investor conviction is hardening. According to David LaValle, president of indices and data at CoinDesk, the current market downturn represents a shift toward credibility rather than a decline in the asset’s future utility. While retail … Read more