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Apple launched its long-awaited $2,000 foldable iPhone Duo as broader markets slumped, with major US indices dropping up to 0.8%. Leadership faces persistent pressure to reignite smartphone upgrade c…
US markets retreated on Wednesday, with the S&P 500 dropping 0.48% and the Dow falling 355 points (0.67%). Declines were led by Alphabet, Procter & Gamble, and Nike, partially offset by advances in I…
US equities slipped on Monday as the S&P 500 fell 0.33% and the Dow lost 0.70%. Losses were driven by weakness in mega-cap tech names including Alphabet and Amazon, despite gains in energy and retail.
NVIDIA stock experienced a minor decline, dropping 1.59% in recent trading.
Alphabet stock fell 7% despite strong earnings (24% revenue growth, 82% cloud growth) as investors focused on massive 2026 capex guidance ($195-205B) and negative free cash flow, raising ROI concerns.
Shares of Alphabet and Tesla fell on concerns that rising oil prices will fuel inflation, increasing costs and potentially dampening consumer spending.
Nvidia shares plummeted over six percent, spearheading a wider retreat among major technology and hardware stocks, including Dell, HP, and Apple.
Microsoft's shares fell 13%, dropping its market cap below Alphabet's. Despite tech sector weakness and AI funding concerns for OpenAI, strong AI deal growth at hyperscalers supports cautious optimis…
Nvidia shares plunged amid Wall Street's broad selloff on rising inflation fears reducing interest rate cut expectations, dragging Australian tech stocks lower for a fourth consecutive session.
EURUSD strengthened 0.49% amid a weaker US dollar after disappointing US labor data and expectations of Fed rate cuts. The BoE held rates steady, boosting GBP, while Wall Street tech stocks declined …