Category: Market Summary

Stocks moved sharply lower over the course of the trading day on Tuesday, with the major averages more than offsetting the strong gains posted last Friday. With the steep drop, the Dow pulled back well off the record closing high set in the previous session. The major averages climbed off their worst levels going into…

The major U.S. index futures are currently pointing to a lower open on Tuesday, with stocks likely to give back ground after ending last Friday’s trading sharply higher. Traders may look to cash in on the previous session’s gains amid lingering uncertainty about the outlook for interest rates. The Federal Reserve is almost universally expected…

Stocks fluctuated over the course of the trading session on Friday before eventually ending day sharply higher. The Dow closed higher for the fifth time in the past six sessions, reaching a new record closing high. The major averages reached new highs for the session going into the close of trading. The Nasdaq surged 197.19…

Intuitive Machines (NASDAQ:LUNR) – NASA awarded Intuitive Machines a $116.9 million contract to deliver six payloads to the lunar south pole. This marks the company’s fourth contract under NASA’s Commercial Lunar Payload Services initiative, with the second lunar mission in final assembly stages. Shares are up 18.3% pre-market, after closing up 3.2% on Thursday. Intel…

Stocks turned in a strong performance throughout much of the trading day on Thursday but gave back ground in the latter part of the session. The major averages pulled back well off their highs of the session, with the Nasdaq and the S&P 500 slipping into negative territory. The tech-heavy Nasdaq dipped 39.69 points or…

Big Lots (NYSE:BIG) – Big Lots is considering filing for bankruptcy protection soon, according to Bloomberg. The company is seeking investors to avoid Chapter 11, with its stock falling 27% last week and nearly 88% this year. Big Lots is facing financial difficulties due to declining sales and high interest rates. The stock fell 26.9%…

Chip-maker Nvidia (NASDAQ:NVDA) announced record revenues of $30bn over a three-month period, but shares have fallen. The company has seen its stock market value rising to over $3 trillion thanks to the AI boom. Analysts had forecast sales growth for the company of $28.7bn for the three months to 28 July. It has surpassed this,…

Stocks moved mostly lower during trading on Wednesday, with weakness in the tech sector weighing on the broader markets. With the downward move on the day, the Dow pulled back off the record closing high set on Tuesday. The major averages climbed well off their worst levels in the latter part of the session but…

Nvidia (NASDAQ:NVDA) – Options traders in the US expect Nvidia’s upcoming earnings report to cause a stock swing of around 9.8%, representing a market impact of over $300 billion, according to Reuters. Shares rose 0.1% in pre-market trading. Ambarella (NASDAQ:AMBA) – Ambarella announced Q2 2025 earnings that exceeded forecasts. Earnings per share were -$0.13, better…

Stocks showed a lack of direction over the course of the trading session on Tuesday, with the major averages bouncing back and forth across the unchanged line. Despite the choppy trading, the Dow crept up to a new record closing high. The major averages all finished the day modestly higher. The Dow inched up 9.98…