Category: Top Story
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Iran demands, Berkshire Hathaway results and U.S. inflation shape market sentiment: Dow Jones, S&P, Nasdaq, Wall Street Futures
U.S. stock futures were mixed but generally positive on Monday as investors weighed diminishing prospects for a rapid resolution to the Iran conflict against expectations for important U.S. inflation data later this week. Markets were also digesting Berkshire Hathaway’s (NYSE:BRK.B) latest results, which showed new chief executive Greg Abel beginning to deploy more of the…
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Strong S&P 500 Earnings Provide Support as AI Stocks Remain Volatile
Strong second-quarter corporate earnings are helping support U.S. equities despite continued turbulence among artificial intelligence-related stocks, according to Goldman Sachs. The bank believes recent weakness in momentum-driven AI names resembles previous periods of consolidation rather than necessarily signalling the end of the investment theme. AI Stocks Enter Consolidation After Powerful Rally Goldman strategists led by…
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Citi Recommends Buying the Dip in Memory Stocks as AI Cycle Gains Momentum
Citi believes the recent sell-off in memory chip stocks presents a buying opportunity, arguing that the artificial intelligence-driven memory cycle is still in its early phases and could ultimately exceed the industry’s previous boom between 2001 and 2007. The bank says the current environment shares many similarities with the long NAND expansion seen during the…
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SocGen Raises S&P 500 Target to 8,000 as Earnings Momentum Spreads
Societe Generale believes the strength of the U.S. earnings season is extending well beyond the technology sector, reinforcing its bullish outlook for equities. In a note to clients this week, the bank reiterated its expectation that the S&P 500 will climb to 8,000 and encouraged investors to “buy the momentum dip.” Earnings Season Continues to…
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Could Copper’s Tariff-Driven Rally Be Running Out of Steam?
Copper prices have surged to near-record levels as markets continue to price in the possibility of new U.S. import tariffs. The rush to move material into the United States has tightened global supplies and pushed physical market indicators higher, but any deviation from current tariff expectations could challenge the premium built into prices. Copper Near…
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UK Stocks Could Prove More Resilient Than U.S. Equities if AI Boom Unravels
The UK stock market may outperform its U.S. counterpart if the artificial intelligence-driven rally comes to an end, according to new analysis from Capital Markets. The research argues that the FTSE 100 is structurally better positioned than many global equity indices to withstand a sharp correction in AI-related stocks. Recent market performance appears to support…
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Weak July Jobs Report Eases Rate Fears as S&P 500 Sets a Record
Wall Street ended the week on a strong note Friday, with all three major indexes closing higher after a surprisingly weak July jobs report convinced investors that the Federal Reserve is unlikely to raise interest rates any time soon. The Labor Department said the economy lost 23,000 jobs in July, while the unemployment rate held…
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Wendy’s Tops Second-Quarter Expectations but Cuts Dividend and Suspends 2026 Guidance
The Wendy’s Company (NASDAQ:WEN) reported stronger-than-expected second-quarter results, but also announced a lower dividend and withdrew its full-year financial outlook as the company’s new management team begins implementing a turnaround strategy. Earnings Beat Wall Street Forecasts Wendy’s posted adjusted earnings of $0.18 per share for the second quarter, exceeding analysts’ consensus estimate of $0.17. Revenue…
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U.S. Stocks Poised for Higher Open as Weak Jobs Report Boosts Rate Cut Hopes: Dow Jones, S&P, Nasdaq, Wall Street Futures
U.S. stock futures pointed to a stronger open on Friday after a weaker-than-expected July employment report eased concerns that the Federal Reserve could raise interest rates again in the near term. Futures accelerated higher following the release of the latest Labor Department data, with investors interpreting the softer labour market figures as reducing the likelihood…
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Cloudflare Shares Surge After Strong Second-Quarter Results and Higher 2026 Outlook
Cloudflare (NYSE:NET) shares jumped around 16% in premarket trading on Friday after the cloud networking and cybersecurity company reported second-quarter results that exceeded Wall Street expectations and raised both its quarterly and full-year guidance. The company delivered better-than-expected earnings and revenue, reflecting continued demand for its cloud infrastructure and artificial intelligence services. Revenue and Earnings…