Category: Top Story
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Stock Futures Flat After Unexpected July Retail Sales Decline: Dow Jones, S&P and Nasdaq Futures
US stock futures are flat Friday despite an unexpected 0.6% drop in July retail sales, following record highs for the S&P 500. Dow Jones, S&P 500 and Nasdaq index futures are currently pointing to a roughly flat open on Friday, with stocks likely to show a lack of direction in early trading following the upward…
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Arrive AI Targets Healthcare Logistics Opportunity as Autonomous Delivery Moves Closer to the Pharmacy
Arrive AI (NASDAQ:ARAI) is positioning healthcare and pharmaceutical delivery as a potentially important early market for its autonomous delivery technology, with a proposed collaboration with Lifespan Pharmacy offering an opportunity to demonstrate how its platform could transform the way medications reach patients. As healthcare becomes increasingly digital and patient expectations continue to evolve, convenience, reliability…
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Alphabet’s Early SpaceX Investment Grows More Than 100-Fold to $94 Billion
Alphabet (NASDAQ:GOOG) has generated an extraordinary paper return from its early investment in SpaceX (NASDAQ:SPCX), with its disclosed holding valued at approximately $94 billion at the end of June, more than 100 times the $900 million the Google parent invested in Elon Musk’s space company in 2015. Following SpaceX’s $86 billion initial public offering in…
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Applied Materials Shares Fall as Strong Q3 Results Fail to Meet Elevated Expectations
Applied Materials (NASDAQ:AMAT) shares fell 5.4% in pre-market trading after the semiconductor equipment maker’s record fiscal third-quarter 2026 results failed to impress investors following the stock’s substantial year-to-date rally. The company reported revenue of $9.12 billion, an increase of 25% from the previous year and ahead of the approximately $8.99 billion analyst consensus. Non-GAAP earnings…
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LG and Nvidia Expand Partnership Across Robotics, AI Factories and Mobility
LG Corp and Nvidia (NASDAQ:NVDA) have signed a memorandum of understanding to deepen their strategic collaboration across robotics, artificial intelligence factories and next-generation mobility technologies. The agreement brings together LG’s manufacturing and technology operations with Nvidia’s AI computing platforms as the South Korean group looks to accelerate the adoption of physical AI across factories, robots…
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Apple Develops China-Specific AI Model With Alibaba Support, Reuters Reports
Apple Inc (NASDAQ:AAPL) has trained its own large language model specifically for the Chinese market with assistance from Alibaba (NYSE:BABA), Reuters reported on Friday, signalling a change in the technology giant’s approach to introducing artificial intelligence services in China. The development could give Apple greater control over its AI technology as it prepares to bring…
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Reddit Shares Surge as S&P 500 Inclusion Set for August 18
Reddit (NYSE:RDDT) shares jumped 12.3% in pre-market trading after S&P Dow Jones Indices announced that the social media company will enter the S&P 500 before the opening bell on August 18. Reddit will replace AvalonBay Communities, which is leaving the benchmark in connection with its pending acquisition by fellow S&P 500 member Equity Residential. The…
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Applied Materials Slips Despite Strong Outlook as SMIC Rallies on Earnings: Dow Jones, S&P, Nasdaq, Wall Street Futures
U.S. stock futures traded close to unchanged on Friday as investors assessed softer inflation data, a fresh round of technology earnings and renewed volatility across semiconductor shares. Applied Materials (NASDAQ:AMAT) issued stronger-than-expected fourth-quarter revenue guidance but still came under pressure as investors weighed the outlook against already elevated expectations for companies exposed to the artificial…
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S&P 500 Notches Record Close as Cooling Inflation Lifts Wall Street
Stocks pushed higher on Thursday, with the S&P 500 closing at a record high just below the 7,800 mark, as a fresh batch of tame inflation data reinforced expectations that the Federal Reserve will hold interest rates steady next month. Softer readings on wholesale prices, arriving a day after an in-line consumer inflation report, helped…
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US Stock Futures Edge Higher as Sharp Oil Price Drop Supports Sentiment: Dow Jones, S&P, Nasdaq, Wall Street
U.S. stock futures pointed to a modestly higher opening on Thursday, with a sharp retreat in crude oil prices providing support after a mixed Wall Street session. Falling energy prices helped ease some recent inflation concerns, although weakness in Cisco Systems (NASDAQ:CSCO) following its earnings report could limit gains in the technology sector. Crude oil…