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Apple's App Store commission revenue fell 18% in the U.S. as legal and regulatory challenges pressure its high-margin Services division. Services revenue missed Wall Street estimates by approximately…
Dow futures rose 0.2% on surprise inflation data, S&P 500 futures up 0.1%. Cisco and AI firm Cerebras Systems plunged after weak earnings reports, weighing on tech sentiment.
US stocks closed lower as Middle East tensions over the Strait of Hormuz spiked oil prices, fueling inflation fears and hawkish Fed rate expectations. Weak tech/software earnings (Datadog, AppLovin) …
Major indexes slipped as tech guidance disappointed and software stocks sold off sharply. Oil rose on Yemen tensions and Strait of Hormuz concerns, reigniting inflation fears. Gold ticked up slightly…
Global markets stalled as tech stocks faced pressure from AI profitability concerns after weak SanDisk, Western Digital earnings and SpaceX declines. Oil edged higher on hopes for a US-Iran deal reop…
Nasdaq futures fell on weak Sandisk and AppLovin earnings, dragging AI stocks lower, while Dow and S&P edged up. Oil rose on progress toward reopening the Strait of Hormuz.
Wall Street futures mixed pre-bell as tech sector caution weighs on Nasdaq; S&P and Dow edge higher. AppLovin and Western Digital plunge on earnings misses. Oil rises, gold and bitcoin steady amid mi…
Meta's Q2 revenue rose 28% to $60.8B but net income fell 14% on soaring AI-related costs and capex. Stock dropped ~9% after-hours despite the aggressive AI investment strategy that could pay off long…
U.S. stocks fell as weak tech earnings, rising AI spending, higher oil prices, and climbing Treasury yields pressured markets. UBS remains bullish long-term, citing resilient economy and broadening m…
The S&P 500 declined as disappointment over Broadcom's AI chip forecast and weak Crowdstrike earnings sparked concerns about the sustainability of massive AI capital expenditures. While defensive sto…
Apple shares dropped 5% after Bloomberg reported delays in the Siri upgrade, impacting investor sentiment amid broader market declines and strong payroll data fading quickly. Cisco also plunged on ea…
Microsoft's shares plunged nearly 10% after a mixed earnings report highlighted slower Azure cloud growth and weaker revenue guidance, raising investor concerns about margin pressures amid heavy AI-r…
Microsoft shares plunged over 11% following disappointing cloud revenue growth, raising concerns about AI investment returns. Major US tech stocks also declined, impacting Canadian tech and mining se…
Alphabet's AI-driven Gemini 3 model boosts shares by 5%, fueling a Nasdaq rally. Despite Hewlett Packard Enterprise's earnings miss, optimism around AI supports tech sector gains.
Alphabet (GOOGL) surged over 5% after beating Q3 revenue estimates, while other tech giants faced earnings disappointments. The market reacted to mixed megacap earnings amid macro risks including Fed…
Asian stocks decline on weak tech earnings and US sanctions on Russia and potential export curbs on China, fueling geopolitical concerns. Oil prices surge amid sanctions, while Fed easing expectation…
Asian stocks fell amid disappointing tech earnings and renewed US-China export sanctions. Oil prices surged on fresh US-EU sanctions on Russian energy. Apple shares declined after an EU antitrust com…