Category: Top Story
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Target cuts top end of full-year profit guidance as holiday season approaches
Target (NYSE:TGT) has trimmed the upper limit of its full-year earnings outlook and reaffirmed that it anticipates a sales decline in the current quarter, offering a cautious preview of consumer behavior heading into the crucial holiday shopping period. Like other major retailers, Target continues to face a challenging backdrop shaped by sweeping U.S. tariffs and…
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Dow Jones, S&P, Nasdaq, Futures, Bargain Hunting Poised to Drive a Mild Wall Street Bounce
U.S. stock futures were pointing slightly higher early Wednesday, suggesting equities may attempt a rebound after several sessions of sharp declines. Some early support on Wall Street is likely to come from bargain hunters, with investors looking to scoop up shares that have been dragged lower during the recent sell-off. On Tuesday, the major indexes…
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Nvidia earnings on deck: A pivotal test for an AI-dependent S&P 500
Nvidia’s (NASDAQ:NVDA) latest quarterly report lands at a critical moment—not just for the company itself, but for a U.S. stock market that remains deeply tethered to the artificial-intelligence boom. Market breadth in the S&P 500 is still extremely narrow, with outsized gains driven by only a few mega-cap leaders. That makes tonight’s results especially consequential:…
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Ford Recalls More Than 20,000 U.S. Vehicles Over Battery Failure Risk
Ford Motor Company (NYSE:F) has announced a recall of 20,558 vehicles in the United States after identifying battery defects that could pose significant safety risks, according to a notice from the National Highway Traffic Safety Administration (NHTSA). The agency said the recall was prompted by the risk that a failing battery could cause the vehicle…
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Dow Jones, S&P, Nasdaq, Wall Street Futures, Nvidia Results Take Center Stage; Lowe’s and Target Set to Report — What’s Driving Markets
U.S. futures were largely flat early Wednesday as traders braced for a packed day of earnings headlined by Nvidia (NASDAQ:NVDA). The chipmaker’s quarterly update is expected to be a major catalyst for sentiment around the booming – and increasingly volatile – artificial intelligence trade. Investors will also be watching results from Lowe’s (NYSE:LOW) and Target…
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Dow Jones, S&P, Nasdaq, Futures signal another weak session for Wall Street
U.S. stock index futures were under pressure early Tuesday, suggesting that the market may extend the previous session’s slide, with tech shares once again at the center of the downturn. The ongoing selloff in mega-cap tech — especially market heavyweight and AI frontrunner Nvidia (NASDAQ:NVDA) — continues to drag sentiment lower. Nvidia shares were down…
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Home Depot shares slip as Q3 earnings come up short despite revenue beat
Home Depot (NYSE:HD) posted mixed third-quarter results on Tuesday, delivering higher-than-expected revenue but missing profit forecasts—sending the stock down 1.8% in early trading. The home improvement giant continues to face headwinds tied to consumer caution and a sluggish housing backdrop. The company reported adjusted EPS of $3.74, falling below Wall Street’s expected $3.84. Revenue reached…
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EU opens cloud computing investigations into Microsoft and Amazon under the DMA
The European Commission has initiated three separate inquiries into the cloud computing sector under the framework of the Digital Markets Act (DMA), placing Amazon Web Services and Microsoft Azure under scrutiny. Two of the probes will examine whether Amazon (NASDAQ:AMZN) and Microsoft (NASDAQ:MSFT) should be formally designated as gatekeepers for their cloud services— a label…
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Bitcoin falls back under $90,000 as fading Fed-cut hopes fuel a broader risk-off shift
Bitcoin (COIN:BTCUSD) slid below the $90,000 mark on Tuesday for the first time in almost seven months, as doubts over the Federal Reserve’s next policy steps and continued delays in key U.S. economic data sapped demand for speculative assets. As of 00:22 ET (05:22 GMT), the world’s largest cryptocurrency was down 5.4% at $90,091.5. Over…
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Dow Jones, S&P, Nasdaq, Wall Street, U.S. Futures Extend Slide as Market Turbulence Continues; Home Depot Earnings and Microsoft’s AI Showcase Ahead
U.S. equity futures drifted lower early Tuesday, signaling another rough session after a global wave of risk-off sentiment hit stocks, commodities, and cryptocurrencies. The pullback comes as investors rethink whether the massive surge in enthusiasm for artificial intelligence can continue, with major U.S. benchmarks breaking below a widely watched technical threshold on Monday. Attention now…