Category: Top Story
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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…
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Dell, HP and HPE Shares Rise After Lenovo Delivers Strong Quarterly Growth
Dell Technologies (NYSE:DELL), HP Inc. (NYSE:HPQ) and Hewlett Packard Enterprise (NYSE:HPE) shares moved sharply higher in Thursday premarket trading after strong quarterly results from Lenovo (USOTC:LNVGY) boosted sentiment across the computer hardware and enterprise technology sector. Dell gained 4%, HP jumped 6.5% and HPE advanced 3.5% as Lenovo reported stronger-than-expected revenue growth, including a near…
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IBM and OpenAI Launch Enterprise AI Partnership With GPT-5.6 Integration
IBM (NYSE:IBM) announced a strategic partnership with OpenAI on August 13, 2026, aimed at bringing advanced artificial intelligence models and products into IBM Consulting’s enterprise AI delivery platform. The collaboration will target large-scale deployments across industries including financial services, government, telecommunications and retail, with GPT-5.6 among the OpenAI models being integrated. GPT-5.6 and OpenAI products…
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Cisco Shares Fall as Strong AI-Led Outlook Struggles to Clear High Expectations
Cisco Systems (NASDAQ:CSCO) shares fell more than 5% in U.S. premarket trading on Thursday despite the networking technology group forecasting fiscal 2027 revenue and earnings comfortably above Wall Street estimates. Strong demand for networking equipment and artificial intelligence infrastructure continues to support growth, but investors appeared to have expected even more following a rally of…
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SpaceX Shares Rebound 39% in a Week as Musk Highlights AI Revenue Potential
SpaceX (NASDAQ:SPCX) shares extended their sharp recovery on Wednesday, August 12, climbing 9.65% to close at $146.15, their highest level since July 9. The stock has now rebounded 39% from its record low of $105.11 reached on August 6, with investor sentiment improving following comments from Elon Musk about the growing importance of artificial intelligence…
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Meta Removes 756,000 Australian Teen Accounts as Regulatory Scrutiny Intensifies
Meta (NASDAQ:META) said on Thursday that it has removed more than 750,000 Facebook and Instagram accounts suspected of belonging to Australians under the age of 16, as the technology group steps up enforcement of the country’s landmark social media age restrictions amid the prospect of regulatory action. Meta accelerates removal of under-16 accounts The Facebook…
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Cisco’s AI-Driven Profit Jump; PPI Ahead – What’s Moving Markets: Dow Jones, S&P, Nasdaq, Wall Street Futures
U.S. stock futures moved modestly higher on Thursday as investors looked ahead to another important inflation reading while assessing a fresh round of technology earnings. Cisco Systems (NASDAQ:CSCO) slipped in after-hours trading despite posting strong results fuelled by artificial intelligence demand, while semiconductor equipment maker Applied Materials (NASDAQ:AMAT) is scheduled to report after the closing…
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The Market This Month: Is the stage set for a stronger fall?
Anna Serin and Bruce Campbell examine interest rates, commodities, sector rotation and why markets could be setting up for a stronger fall.
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Nasdaq Leads Wall Street Higher as In-Line Inflation Data Calms Rate Fears
US stocks finished mostly higher on Wednesday after a closely watched inflation report landed right in line with expectations, easing worries that the Federal Reserve might feel pressure to raise interest rates. The tech-heavy Nasdaq led the way, while the S&P 500 posted a modest gain and the Dow slipped just below the flat line.…