Category: Top Story
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Markets in Motion: Rising inflation reshapes Fed outlook as Q4 approaches
Bruce Campbell examines rising inflation, Fed rate expectations, sector rotation and what the U.S. presidential cycle could signal for Q4.
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Meta shares jump 5% as analysts welcome new Muse AI agent
Meta Platforms (NASDAQ:META) shares climbed around 5% in premarket trading on Wednesday as analysts responded positively to the launch of Muse, the company’s standalone personal AI agent. The product is being viewed as an important test of whether Meta can translate its substantial spending on artificial intelligence infrastructure into consumer products and, eventually, additional revenue…
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U.S. stock futures fall as Brent crude moves above $100: Dow Jones, S&P, Nasdaq, Wall Street
U.S. stock index futures pointed to a lower open on Wednesday as crude oil prices extended their recent gains, with Brent moving above $100 a barrel for the first time since July. U.S. crude futures were also up about 3% after U.S. forces destroyed five Iranian crude oil carriers following ballistic missile attacks by Iran’s…
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GameStop Q2 earnings exceed estimates as collectibles sales rise 57%
GameStop Corp. (NYSE:GME) reported second-quarter adjusted earnings per share of $0.27, above the analyst consensus estimate of $0.19, while revenue exceeded expectations despite declining from the prior-year period. Revenue was $790.2 million, compared with the analyst estimate of $756.8 million and $972.2 million in the second quarter a year earlier, representing a year-over-year decline of…
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Apple expected to unveil first foldable iPhone under new CEO John Ternus
Apple (NASDAQ:AAPL) is expected to introduce its first foldable iPhone at a product event on Wednesday at the company’s headquarters in Cupertino, California, according to the supplied report. The event would mark the first major iPhone launch under new Chief Executive John Ternus and could represent one of the most significant design changes to Apple’s…
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Oil reaches $100 as markets assess Middle East conflict, rates and US-Canada trade tensions: Dow Jones, S&P, Nasdaq, Wall Street Futures
U.S. stock futures were little changed to moderately higher on Wednesday as investors assessed further military developments involving the United States and Iran, movements in oil and bond markets, developments in artificial intelligence and renewed trade tensions between the U.S. and Canada. At 02:48 ET (06:48 GMT), S&P 500 futures were up 6 points, or…
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Oil Surge and Rising Yields Drag Dow Down More Than 600 Points
Stocks fell across the board on Tuesday as a jump in oil prices and stubbornly high Treasury yields put pressure on Wall Street in a holiday-shortened week. Renewed conflict in the Middle East pushed crude sharply higher, reviving worries about energy costs and inflation just as investors were already digesting last Friday’s stronger-than-expected jobs report.…
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A Smarter Way to Monitor the Market Is Coming to InvestorsHub
The newest version of Monitor is now available on InvestorsHub, bringing investors new ways to discover opportunities, research companies and stay on top of the markets they follow — all from one workspace. Launching next week, the updated Monitor builds on the Watchlists investors already use to follow stocks, options, crypto, forex and commodities, while adding new tools…
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Wall Street Futures Fall as Oil Surge and Fed Rate Fears Weigh: Dow Jones, S&P, Nasdaq
U.S. stock futures pointed to a weaker opening on Tuesday as Wall Street prepared to resume trading following the Labor Day weekend, with escalating tensions in the Middle East driving oil prices higher and investors reassessing the outlook for Federal Reserve interest rates. U.S. crude oil futures jumped nearly 2% after the United States struck…
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Palantir and Nebius Partner on Sovereign AI Infrastructure
Palantir Technologies (NASDAQ:PLTR) and Nebius Group (NASDAQ:NBIS) have entered into a partnership that will integrate Nebius’s cloud and artificial intelligence computing infrastructure with Palantir’s enterprise platform for commercial customers. Under the agreement, Palantir has selected Nebius as its preferred sovereign AI infrastructure partner, with the companies aiming to give eligible customers greater control over the…