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Federal Reserve officials signaled a hawkish stance on inflation at the Jackson Hole symposium, causing US Treasury yields to rise and putting pressure on equity indices like the Nasdaq.
Software stocks broadly declined despite mixed earnings results, reflecting a 'pain trade' where investor sentiment overrides fundamentals. Companies like DDOG, DUOL, and HUBS fell regardless of earn…
U.S. stock futures fell as disappointing earnings from Alphabet and Tesla, combined with rising geopolitical tensions and soaring oil prices, dampened market sentiment. Concerns over the high costs o…
Argus notes ongoing volatility in tech, with storage and memory semiconductor stocks sold off sharply, dragging XLK down 5.5% weekly, though intermediate-term trend remains bullish.
A reinstated U.S. naval blockade on Iran pushed Brent crude above $85, fueling expectations the Fed holds rates higher for longer. This hit tech valuations, causing profit-taking in AI infrastructure…
US stock futures fell pre-market Friday as semiconductor stocks continued a sell-off, dragging down broader indices amid tech sector weakness.
Bitcoin (BTCUSD) declined by 1.39%, indicating a moderate sell-off amid market weakness.