Browsing: market

Apple on Tuesday briefly hit a market capitalization of $5 trillion for the first time, a day after passing Nvidia to become the most valuable publicly traded company

US stock futures found a footing on Wednesday after Iran launched surprise attacks against the US, lifting oil prices, and South Korea’s benchmark index got hammered again, pointing to continued selling pressure in US chip stocks at the open

Samsung and SK Hynix fall by more than 10% amid renewed fears over AI spending and Chinese competition

U.S. stocks ended mixed on Monday, with the Dow ending in positive territory as oil prices fell and investors awaited earnings reports and guidance from a batch of big tech companies scheduled to report quarterly results this week. Investors also looked forward to the Federal Reserve’s decision on interest rates when officials meet for the…

The trade deadline is now less than a week away for Major League Baseball, as it is set for 6 p.m. ET on Monday, Aug. 3. A good number of teams are still in limbo, though, sitting within striking distance of a wild-card spot while also not really having the look of a strong contender.…

Open-weight AI does not eliminate cost; it shifts spending from vendor fees to infrastructure, security, engineering and governance

US tech stocks regained their footing on Tuesday as a sell-off in chip stocks underscored concerns about AI circular financing deals, countering a drop in oil prices and earnings optimism

US tech stocks slid before the bell on Tuesday as a sell-off in Korean memory makers underscored concerns about AI circular financing deals, overshadowing a drop in oil prices and earnings optimism

On the surface, nearly everything looks good for the stock market these days. Both the Dow Jones Industrial Average (DJINDICES: ^DJI) and the S&P 500 (SNPINDEX: ^GSPC) are near all-time highs. Corporate earnings continue to grow. The artificial intelligence (AI) boom remains a strong tailwind

US stock futures surged on Monday morning as oil sank and markets entered the busiest week of the quarter, jam-packed with more Big Tech earnings and a Federal Reserve decision