ADVFN US – Market Content Editor
-
Markets May Be Underplaying the Lasting Effects of Oil Supply Disruptions, UBS Warns
Strategists at UBS caution that global equity markets are not fully pricing in the broader economic consequences of the current oil supply shock, suggesting that the knock-on effects on growth and corporate earnings could be more prolonged than investors anticipate. Brent crude has climbed back above $100 per barrel, after briefly nearing $120, as the…
-
Concerns over AI reshape how investors view long-term US stock valuations, Goldman says
Growing unease about the potential for artificial intelligence to disrupt long-term corporate growth in the United States is prompting investors to reassess how much of current equity valuations rely on profits far into the future, according to analysts at Goldman Sachs. The shift in focus is particularly pronounced in sectors such as software. Goldman noted…
-
Apple Earnings Power S&P 500 and Nasdaq to Record Closes
Wall Street kicked off May on a split note Thursday, with the S&P 500 and Nasdaq Composite surging to fresh record closes while the Dow Jones Industrial Average lagged behind. The session was driven by a blowout earnings report from Apple and renewed optimism around easing geopolitical tensions in the Middle East — a combination…
-
Tech Stocks Set to Extend Rally as Apple Crushes Estimates: Dow Jones, S&P and Nasdaq Futures
Dow Jones, S&P 500 and Nasdaq futures are currently pointing to a higher open on Friday, with stocks likely to see further upside following the rally seen over the course of the previous session. Apple (NASDAQ:AAPL) may help lead an extended advance on Wall Street, as the tech giant is surging by 3.6 percent in…
-
ISM Manufacturing PMI Seen Rising to 53 in April, Signaling Continued U.S. Factory Expansion
The Institute for Supply Management is scheduled to release its report on manufacturing activity in the month of April at 10 am ET. The manufacturing PMI is expected to inch up to 53.0 in April from 52.7 in May, with a reading above 50 indicating growth.
-
BC Government grants major status to junior nickel project
The Government of British Columbia has named the Baptiste Nickel Project, owned by junior miner FPX Nickel (TSXV:FPX), as a priority project under the province’s Look West strategy, launched in November 2025, which aims to grow key sectors of the economy and strengthen the province and Canada’s standing on the global stage. Baptiste is the only critical…
-
Markets Edge Higher as Apple Outlook Lifts Sentiment, Oil Holds Firm: Dow Jones, S&P, Nasdaq, Wall Street Futures
U.S. equity futures ticked higher following record closes on Wall Street, as investors weighed upbeat corporate earnings signals against mounting geopolitical risks and currency volatility. A strong outlook from Apple (NASDAQ:AAPL) helped underpin sentiment, while oil prices maintained weekly gains amid escalating tensions involving Iran. At the same time, a weaker Japanese yen and a…
-
Western Digital Shares Drop Despite Strong Q3 Beat
Western Digital Corporation (NASDAQ:WDC) reported fiscal third-quarter results that exceeded Wall Street expectations, but its shares fell more than 7% in premarket trading on Friday. The stock had closed 5.27% higher on Thursday and had surged over 60% over the past month, driven by growing investor optimism. Elevated Expectations Weigh on Market Reaction With data…
-
Reddit Shares Jump 17% Premarket as Revenue Strength and EBITDA Growth Outshine Earnings Miss
Reddit Inc (NYSE:RDDT) shares surged 17% in premarket trading on Friday after the company delivered a strong revenue beat for the first quarter. While diluted earnings per share of $1.01 came in below the analyst forecast of $1.11, investor focus shifted to the platform’s robust top-line growth of 69% year over year. Revenue and User…
-
Apple Shares Edge Higher on Strong Results and “Remarkable” Margin Outlook
Apple (NASDAQ:AAPL) reported record-breaking revenue and earnings per share on Thursday, supported by a second consecutive quarter of more than 20% growth in iPhone sales. The update marks the company’s first earnings release since its unexpected CEO transition announcement. Shares rose nearly 3% in premarket trading on Friday after management projected second-quarter revenue growth of…