Category: Top Story
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Dow Sheds Nearly 600 Points as Trump Declares Iran Ceasefire “Over,” Oil Prices Surge
Wall Street closed mixed but broadly lower on Wednesday after President Trump said the fragile ceasefire between the United States and Iran was effectively finished, sending oil prices sharply higher and rattling stocks tied to the broader economy. The Dow Jones Industrial Average and S&P 500 both fell, while the tech-heavy Nasdaq Composite managed to…
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Wall Street Set for Lower Open After Trump Says U.S.-Iran Ceasefire Is ‘Over’: Dow Jones, S&P, Nasdaq
U.S. stock futures pointed to a weaker start on Wednesday, suggesting Wall Street could extend the previous session’s losses as renewed tensions in the Middle East unsettled investor sentiment. Markets came under pressure after President Donald Trump declared the U.S.-Iran ceasefire “over,” raising fears of a fresh escalation in regional conflict. “As far as I’m…
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Apple Commits Over $30 Billion to Broadcom Supply Deal as Colorado Plant Expands (AAPL)
Apple (NASDAQ:AAPL) will invest more than $30 billion under a long-term semiconductor supply agreement with Broadcom (NASDAQ:AVGO), a partnership that will also fund a major expansion of Broadcom’s manufacturing facility in Colorado. Long-Term Agreement Supports U.S. Chip Production Broadcom announced earlier this week that it had signed a supply agreement with Apple running through 2031.…
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SpaceXAI to Launch Grok 4.5 for Public Access, Musk Confirms (SPCX)
SpaceX (NASDAQ:SPCX) will make its Grok 4.5 artificial intelligence model publicly available on Thursday, according to a social media post from chief executive Elon Musk. Musk Positions Grok 4.5 Against Leading AI Models Musk described Grok 4.5 as an “Opus-class” model, drawing comparisons with Anthropic’s Claude while claiming it delivers faster performance, greater token efficiency…
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Wall Street Futures Fall as Trump Declares Iran Peace Framework “Over”: Dow Jones, S&P, Nasdaq
U.S. stock futures moved sharply lower on Wednesday after President Donald Trump said the interim peace framework with Iran had effectively collapsed, adding fresh geopolitical uncertainty to already fragile market sentiment. By 09:03 GMT, Dow Jones futures had fallen 680 points, or 1.3%, while S&P 500 futures were down 71 points, or 0.9%. Nasdaq 100…
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The Missing Market for Silvercorp
As Asian demand for mining equities strengthens, Silvercorp’s proposed Hong Kong listing could broaden its investor base and support a valuation re-rating. For years, Alibaba was one of the most important companies in China, yet much of its shareholder base sat thousands of miles away in New York. Investors debated Chinese consumer spending, Chinese regulation…
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Chip Selloff Snaps Winning Streak as Samsung Miss Sends Nasdaq Sliding
Wall Street’s rally cooled off on Tuesday as a fresh wave of selling hit semiconductor stocks, ending the Dow’s run of record closes. A disappointing reaction to Samsung Electronics’ earnings overnight reignited worries that chip and AI-infrastructure valuations have gotten ahead of themselves, dragging the tech-heavy Nasdaq Composite to its worst day in weeks. Rising…
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Wall Street set for softer open as technology stocks retreat: Dow Jones, S&P, Nasdaq, Futures
U.S. stock index futures pointed to a weaker start on Tuesday, with markets expected to surrender part of Monday’s gains as renewed selling pressure emerged across the technology sector. Samsung sell-off dents AI sentiment Technology shares looked set to lead the decline after South Korean memory chip giant Samsung Electronics suffered a near 7% drop…
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Nvidia shares edge lower after report says DeepSeek is developing an in-house AI chip (NVDA)
Report points to DeepSeek’s custom chip ambitions Nvidia (NASDAQ:NVDA) shares fell 1.6% in premarket trading on Tuesday after a Reuters report said Chinese artificial intelligence startup DeepSeek is designing its own semiconductor for AI computing, a move that could reduce its reliance on hardware supplied by Nvidia and Huawei. According to sources familiar with the…
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RBC raises Tesla price target on potential SpaceX deal speculation (TSLA)
RBC increases target to $500 RBC Capital has raised its price target for Tesla (NASDAQ:TSLA) to $500 from $475, reflecting both a revised standalone valuation and an additional premium linked to a potential merger with SpaceX (NASDAQ:SPCX). Analyst Tom Narayan said the updated target incorporates “a 25-30% premium to current trading levels (and a 15%…