Category: Top Story
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US Stock Futures Fall as AI Safety Concerns and Middle East Developments Weigh on Markets: Dow Jones, S&P, Nasdaq, Wall Street
US stock futures moved lower on Monday as investors assessed calls for a slowdown in advanced artificial intelligence development, upcoming Federal Reserve policy decisions and renewed uncertainty surrounding oil supplies from the Middle East. At 03:04 ET (07:04 GMT), Dow futures were down 63 points, or 0.1%, while S&P 500 futures declined 46 points, or…
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HSBC Raises 2026 S&P 500 Target to 8,100 on Earnings Outlook
HSBC raised its year-end 2026 target for the S&P 500 to 8,100 from 7,650, citing corporate earnings that have exceeded its previous expectations. Strategist Nicole Inui said the revision was driven mainly by earnings. First-half 2026 earnings-per-share growth was close to 40%, while HSBC expects growth of more than 25% during the second half. The…
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Citi Says Global Equity Flows Weaken as Investor Positioning Remains Relatively Stable
Global equity flows have weakened while overall investor positioning has remained relatively stable, according to Citi’s latest positioning analysis. Citi strategists said U.S. positioning remains modestly bullish, although declining gross exposure indicates reduced investor participation. European markets recorded a more pronounced deterioration in flows, while bearish positioning increased in Asian markets, particularly the KOSPI and…
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d OECD commercial oil inventories have “barely drawn since the war began,” reflecting a smaller-than-expected supply deficit and the concentration of inventory declines in strategic reserves, oil stored on water and China.
Goldman also assumes that Middle East oil supplies will continue to adapt, with production gradually recovering during the second half of 2027 as pipelines become operational. The strategists said low visible global oil inventories and low OECD strategic reserve levels do not necessarily indicate an imminent increase in prices. When visible global inventories reached an…
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Wall Street Snaps Four-Day Slide as Falling Oil and Oracle’s AI Beat Lift Stocks
U.S. stocks rallied broadly on Friday, halting a four-session losing streak, as a pullback in oil prices and a strong earnings report from Oracle helped investors look past another warm inflation reading. All three major indexes climbed roughly 1%, with buying spread across technology, industrials and materials. The rebound came at the end of a…
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InvestorsHub Expands Company Research With New Fundamental Data
InvestorsHub is expanding the research available to investors with updated Historical Price and Dividend pages, and the addition of Ownership and Insider Trading tabs, giving users more ways to investigate the companies they follow without moving between multiple platforms. The updates are part of a broader expansion of company data and market intelligence across InvestorsHub…
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GameStop Shares Rise 3.9% After CEO Ryan Cohen Buys One Million Shares
GameStop (NYSE:GME) shares rose 3.9% in premarket trading after Chief Executive Officer Ryan Cohen purchased one million shares on the open market for approximately $20.4 million on September 10. Director Alain Attal also purchased 5,000 GameStop shares at $20.00 each on September 10. The transactions followed GameStop’s second-quarter results, which included revenue of $790.2 million,…
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US Stock Futures Rise as Oil Prices Retreat Below $100: Dow Jones, S&P, Nasdaq, Wall Street
US stock index futures pointed to a higher open on Friday as crude oil prices declined and investors assessed the latest consumer inflation data following several sessions of equity market losses. US crude futures fell nearly 3%, moving back below $100 a barrel after rising more than 12% since the beginning of the week. The…
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Kroger Cuts Full-Year Sales Guidance as Q2 Adjusted EPS Reaches $1.09
The Kroger Co. (NYSE:KR) reported second-quarter adjusted earnings above analyst expectations on Friday, while revenue came in slightly below consensus and the grocery retailer lowered its full-year identical sales guidance. Shares declined 3.11% in premarket trading following the release. For the quarter ended August 15, Kroger reported adjusted earnings per share of $1.09, compared with…
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Oracle FQ1 Revenue Reaches $19.35 Billion as FY2027 Profit Guidance Rises
Oracle (NYSE:ORCL) reported fiscal first-quarter 2027 revenue and adjusted earnings above analyst estimates and raised its full-year adjusted earnings guidance. Shares rose about 7% in premarket trading on Friday. The company reported adjusted earnings of $1.92 per share on revenue of $19.35 billion. Analysts had expected adjusted earnings of $1.73 per share and revenue of…