Category: Top Story
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Alphabet, Tesla and IBM earnings in focus as investors await ECB rate decision: Dow Jones, S&P, Nasdaq, Wall Street Futures
U.S. stock futures traded lower on Thursday as investors digested quarterly results from Alphabet, Tesla and IBM while awaiting the European Central Bank’s latest interest rate decision. Ongoing tensions in the Middle East and rising oil prices also remained key drivers of market sentiment. Futures decline as geopolitical risks weigh on markets Wall Street futures…
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Wall Street Closes Mixed as Nasdaq Slips Ahead of Big Tech Earnings and Oil Jumps on Iran Tensions
U.S. stocks finished a choppy session mixed on Wednesday, with the Dow Jones Industrial Average essentially flat while the S&P 500 and Nasdaq Composite slipped as investors turned cautious ahead of a wave of earnings from technology heavyweights due after the closing bell. Oil prices climbed sharply on renewed tension surrounding Iran, lifting energy shares…
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Markets in Motion: rate uncertainty puts gold back in focus
Bruce Campbell examines interest-rate expectations, deeply pessimistic gold sentiment and improving momentum in financials, healthcare and materials.
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Wall Street set for weaker open as oil surge and earnings season dominate sentiment: Dow Jones, S&P, Nasdaq, Futures
Rising crude prices and geopolitical tensions weigh on investor outlook U.S. stock futures pointed lower on Wednesday, signalling a softer start to trading as investors assessed surging oil prices, escalating tensions between the United States and Iran, and a packed schedule of corporate earnings. Crude oil extended its recent rally after U.S. Central Command confirmed…
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Philip Morris shares edge lower despite second-quarter earnings beat and record revenue (NYSE:PM)
Strong quarterly results overshadowed by softer third-quarter outlook Philip Morris International Inc. (NYSE:PM) reported better-than-expected second-quarter 2026 results on Wednesday, but investors focused on weaker-than-anticipated third-quarter earnings guidance, sending the stock modestly lower. The tobacco company posted adjusted earnings per share of $2.20, comfortably ahead of the analyst consensus estimate of $2.03. Revenue reached a…
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Moody’s shares edge lower despite second-quarter earnings beat and strong revenue growth (NYSE:MCO)
Results exceed expectations as outlook disappoints investors Moody’s Corporation (NYSE:MCO) reported stronger-than-expected second-quarter 2026 results on Wednesday, although investors focused on a slightly softer full-year earnings outlook that weighed on the stock. The credit ratings and analytics company posted adjusted earnings per share of $4.68, comfortably ahead of the analyst consensus estimate of $4.21. Revenue…
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Reddit shares fall as reported Google AI licensing dispute raises traffic concerns (NYSE:RDDT)
Report points to tensions over AI data agreement Reddit (NYSE:RDDT) shares fell 5.8% in premarket trading on Wednesday after reports suggested the social media platform is considering restricting Google’s access to its content as negotiations continue over a new artificial intelligence data licensing agreement. According to a report by The Wall Street Journal, Reddit is…
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Powering Canada’s data centre future
Canada is rapidly emerging as a key destination for data centre development as artificial intelligence, cloud computing and digital transformation fuel unprecedented demand for digital infrastructure. Yet while much of the attention is focused on the facilities themselves, a critical challenge remains: securing reliable, scalable and cost-effective power to support increasingly energy-intensive workloads. This article…
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AT&T shares rise after second-quarter earnings beat and stronger subscriber growth (NYSE:T)
Earnings outperform as customer additions gather pace AT&T (NYSE:T) shares climbed 2.5% in premarket trading on Wednesday after the telecommunications company reported second-quarter results that exceeded earnings expectations, supported by continued momentum in broadband and wireless customer growth. The company posted earnings per share of $0.65, ahead of analysts’ consensus estimate of $0.59. Quarterly revenue…
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Alphabet earnings to test confidence in AI spending and the Magnificent Seven (NASDAQ:GOOG)
Investors focused on capital spending rather than earnings Alphabet (NASDAQ:GOOG) is set to report second-quarter 2026 earnings after Wednesday’s market close, with investors expected to focus less on headline financial results and more on the company’s artificial intelligence investment plans. According to Wolfe Research, capital expenditure will be the key metric to watch during this…