Spotify shares fell 6% after weak Q3 guidance for monthly active users and operating income, despite Q2 revenue growth and premium subscriber beat, as investors reset growth expectations.
Wall Street rotated out of AI/tech into defensive insurance stocks in July amid capex concerns. Semiconductor index fell 24% from peak; TSLA, META, GOOGL raised capex guidance but shares declined on …
US equities were mixed midday as chipmakers weighed on the Nasdaq. Financials and defensives gained, but a sharp 5.8% drop in crude oil and broad declines in tech, energy, gold, and crypto dampened o…
US stocks mixed as oil plunged 7.5% after a pause in Iran strikes; tech and semiconductors fell, financials and consumer sectors rose, gold and crypto edged higher.
Markets dropped after Alphabet (-7%) and Tesla (-14.5%) posted disappointing earnings. WTI crude surged 9% to $90/barrel, while Treasury yields broke higher across the curve, pressuring risk sentimen…
Earnings season intensifies with Big Tech (MSFT, META, AAPL, AMZN) reporting after Alphabet and Tesla results triggered a tech sector selloff. S&P 500 earnings growth forecast at 23.2%, well above hi…
US stocks slid as Tesla and Alphabet earnings sparked AI-spending fears, oil surged past $100 on Iran tensions, and chip stocks swung wildly, pressuring tech and boosting energy.
Citi warns tech-driven selloff has weakened equity positioning globally, with Nasdaq most vulnerable as longs sit in losses. DAX turned bearish, KOSPI faces further deleveraging risk. Earnings season…
Dow rose 0.46% but Nasdaq fell 0.64% on tech weakness and AI spending fears. Gold gained, oil dropped 2.25%. Bull & Bear Indicator hit extreme bullish levels, a historical contrarian sell signal, rai…
Wall Street tumbled as Alphabet's raised AI capex forecast overshadowed earnings beat, while Middle East tensions sent oil above $100/barrel. Nasdaq fell 2.2%, VIX spiked 12.4%, reflecting broad risk…
US stocks stabilize after a tech-led sell-off driven by AI spending fears at Alphabet and Tesla, while new Trump tariffs take effect. Oil prices dip but remain up weekly; earnings from Verizon, Amex,…
Oil prices retreated over 2% after a sharp spike on Middle East tensions, easing market fears. Tech stocks remain volatile as Alphabet and Tesla plunge on AI capex concerns, pressuring Nasdaq while E…
US equities fell after Midday amid geopolitical tensions in the Red Sea, driving up crude oil prices and bond yields. Mega-caps Alphabet and Tesla declined, pressuring major indexes. Energy stocks ga…
Dow Jones fell 300 points Thursday as Alphabet and Tesla shares dived following disappointing earnings reports, while oil prices jumped, adding to market volatility.
AI-driven chip selloff sparked broad Wall Street decline; Dow, S&P 500, and Nasdaq all fell as VIX spiked 12%. Energy stocks gained while META and GOOGL bucked the trend, rising 2.8% and 2.2% respect…