Browsing: today

Shares of global financial services giant Citigroup (NYSE:C) fell 4.9% in the afternoon session after it reversed an early gain as it reported second-quarter results. 

Shares of technology and consulting giant IBM (NYSE:IBM) fell 25.9% in the morning session after the company reported that enterprise customers unexpectedly diverted their IT budgets away from its software and infrastructure deals in the final weeks of June, rushing instead to buy supply-constrained hardware like memory and servers ahead of expected price increases. 

As of noon today, the S&P 500 (SNPINDEX:^GSPC) rose 0.26% to 7,535.12, the NasdaqComposite (NASDAQINDEX:^IXIC) climbed 0.81% to 26,083.42 on tech strength, and the Dow JonesIndustrial Average (DJINDICES:^DJI) sank 0.19% to 52,401.14 thanks mostly to one name

US stock futures dipped on Tuesday morning as markets awaited a key consumer inflation report, recalibrated bets on the AI trade, and monitored rising oil prices and fresh hostilities in the Middle East

Shares of health insurance company Cigna (NYSE:CI) jumped 3.5% in the afternoon session after analyst firm Bernstein raised its price target on the stock to $381 from $371, citing a positive outlook. Bernstein maintained its “Outperform” rating on Cigna. 

Shares of memory chips maker Micron (NASDAQ:MU) fell 4.6% in the afternoon session after investors took profits following the chip sector’s strong rally in the first half of the year as Middle East tensions escalated. 

US stock futures slipped as investors weighed escalating tension in Iran while preparing for a busy slate of corporate earnings and a closely watched inflation report

Stocks split ahead of a busy week after the US and Iran escalated fighting in the Middle East, sending oil prices higher, and AI stocks were under pressure

Stock futures declined ahead of a busy week after the US and Iran escalated fighting in the Middle East, sending oil prices higher, and AI stocks were under pressure

US stock futures diverged in premarket trading on Friday as investors awaited SK Hynix’s (000660.KS) US listing, viewed as a test for the AI trade, and monitored traffic through the Strait of Hormuz