U.S. equities climbed sharply, bringing Wall Street back within reach of record territory as oil prices soared following the announcement of new U.S. sanctions on Russia’s energy industry. The S&P 500 rose 0.6%, coming within 0.2% of its all-time high set earlier this month, while the Dow Jones Industrial Average gained 144 points, or 0.3%, […]
Key Points to Watch Out For Nvidia (NVDA): Holding Near Breakout Zone Nvidia is modestly lower in Tuesday’s premarket session but remains close to a flat base buy point at 184.48 after climbing 2.1% in Monday’s trade. Sentiment around the stock stays positive after KeyBanc raised its price target to $250 from $230, citing persistent […]
Key Points to Watch Out For Alibaba (BABA): AI and Cloud Expansion Fuels Optimism Alibaba remains in focus after surging over 8%, driven by announcements of accelerated AI and cloud infrastructure investments. The company outlined plans for new data centers and partnerships aimed at reinforcing its position in generative AI. In premarket trading today, Alibaba […]
Asian shares traded with caution on Thursday , mirroring Wall Street’s overnight softness. Markets across the region hovered in narrow bands as investors awaited a deluge of U.S. economic data that may clarify the Federal Reserve’s next moves. Japan’s Nikkei rose modestly, while China’s major indices edged up. Hong Kong, Australia, and other markets showed […]
Key Points to Watch Out For Nvidia (NVDA): $100B AI Data Center Push Nvidia remains the key driver in today’s market after unveiling a $100 billion investment in OpenAI to accelerate the rollout of AI-focused data centers. This move cements Nvidia’s position at the center of global AI infrastructure. Shares moved higher in early trading, […]
European equities traded in subdued fashion on Tuesday as investors waited for clarity from the Federal Reserve’s policy meeting while parsing fresh economic data across the region. By mid-morning, Germany’s DAX slipped 0.1%, France’s CAC 40 eased 0.2%, and the U.K.’s FTSE 100 dipped 0.1%. The lack of momentum reflected market caution, with investors holding […]
European equities advanced on Wednesday, supported by overnight gains on Wall Street and growing investor focus on global inflation trends. By mid-morning trading, Germany’s DAX was up 0.5%, France’s CAC 40 gained 0.4%, and the U.K.’s FTSE 100 added 0.2%. The move higher followed record-setting closes across all three major U.S. indices on Tuesday, reflecting […]
Asian equities advanced on Wednesday, tracking Wall Street’s record-setting performance. South Korea’s KOSPI climbed 1.5%, fueled by strong gains in heavyweight chipmakers Samsung Electronics and SK Hynix, which rose 1.5% and 5% respectively. Hong Kong’s Hang Seng Index added up to 1.2%, touching a four-year peak, while the Hang Seng TECH sub-index jumped nearly 2%, […]
Key Points to Watch Out For: Nvidia (NVDA): Results due after the close The AI chip leader, currently the world’s most valuable company, is set to report earnings after market close. Shares posted modest gains in premarket trading, while other semiconductor stocks such as AMD and Intel also advanced. Cracker Barrel Old Country Store (CBRL): […]
U.S. stock index futures posted slight gains on Wednesday as investors awaited quarterly results from AI bellwether Nvidia. At 06:00 ET (10:00 GMT), Dow Jones Futures rose 27 points, or 0.1%, S&P 500 Futures gained 5 points, or 0.1%, and Nasdaq 100 Futures added 6 points, or 0.1%. Major indices closed higher on Tuesday, supported […]
