Major US indices and gold slipped as executive warnings about rapid AI expansion cooled tech sentiment. Despite the broader market pullback, Meta Platforms climbed following a reiterated Buy rating f…
The S&P 500 fell 0.83% as the technology sector led market declines, dropping over 2%. Widespread selling hit hardware and semiconductor names hardest, with Coherent, HPE, Corning, and Teradyne sinki…
Fed Governor Barr signaled decisive rate hikes if inflation remains elevated, driving September hike odds to 66%. The hawkish remarks pushed bond yields higher and hammered US equity futures, especia…
US stocks closed mixed as semiconductor and tech shares retreated ahead of Nvidia's earnings. Growing opposition to AI data centers, lower Treasury yields, and fresh trade and geopolitical tensions p…
Asian and US equity futures face pressure following a tech-led Wall Street selloff. Nvidia dropped for a seventh consecutive session ahead of earnings, weighing down the Nasdaq 100. Meanwhile, oil he…
The Nasdaq and S&P 500 fell as the US announced aggressive secondary sanctions targeting Iran's global trade partners. Tech shares led declines, with Nvidia dropping 2.9% ahead of earnings. Crude oil…
U.S. tech stocks and Nvidia slid ahead of the chipmaker's earnings report amid growing worries over debt fueling the AI boom. Meanwhile, Treasury yield volatility and lower oil prices kept broader ma…
Nvidia drops nearly 2.5% as semiconductor weakness weighs on the Nasdaq ahead of high-stakes quarterly earnings on Wednesday. Broader markets trade mixed amid easing oil prices and anticipation surro…
Oil prices retreated, ending a six-day rally as markets await US economic pressure plans on Iran. Meanwhile, US stocks started mixed with the Nasdaq sliding 0.5% ahead of Nvidia earnings and upcoming…
Wall Street benchmarks suffered weekly losses as rising Treasury yields and geopolitical tensions fueled inflation fears. Tech and growth stocks led the decline, with the Nasdaq down over 2%. Investo…
US stocks slid on Tuesday led by a heavy selloff in semiconductor and AI infrastructure shares. Rising Middle East tensions pushed WTI crude oil to three-week highs, stoking inflation and bond yield …
Surging Treasury yields trigger a sharp 5-7% selloff across semiconductor, memory, and storage stocks due to valuation multiple compression. The macro-driven rate reset weighs broadly on high-multipl…
Chip and AI equities plunged sharply following previous bullish momentum, dragging major stock benchmark indexes down and wiping out recent market gains.
US equity futures and major ETFs slipped Tuesday pre-bell, led by a 1.2% drop in tech-heavy Nasdaq futures. Weak economic data and rising oil prices weighed on broader market sentiment, while energy …
Major US indices fell on Friday, with the Nasdaq and Dow Jones sliding due to weak retail sales data and sharp earnings-driven losses in key semiconductor stocks like Applied Materials.