ADVFN US – Market Content Editor
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U.S. Index Futures Fall Ahead of Federal Reserve Policy Meeting, Crude Oil Prices Decline
U.S. index futures are falling in pre-market trading this Monday, amid anticipation for the Federal Reserve’s two-day monetary policy meeting, which begins today. As of 6:36 AM, Dow Jones futures (DOWI:DJI) fell 133 points, or 0.34%. S&P 500 futures declined 0.25%, and Nasdaq-100 futures lost 0.27%. The yield on the 10-year Treasury note stood at…
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Nasdaq, S&P 500 Finish Choppy Trading Day At Record Closing Highs
Extending the lackluster performance seen over the two previous sessions, stocks showed a lack of direction during trading on Monday. The major averages bounced back and forth across the unchanged line before eventually closing modestly higher. Despite the choppy trading, the Nasdaq (NASDAQI:COMP) and the S&P 500 (SPI:SP500) reached new record closing highs. The Nasdaq…
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Cardano Begins ‘Voltaire Era’ with Chang Fork, Enhanced Security by Fireblocks and Coinbase, and More Crypto News
Cardano prepares for the Voltaire era with Chang fork Charles Hoskinson, founder of Cardano (COIN:ADAUSD), announced that the blockchain is about to reach its most significant milestone with the Chang fork, which will usher in the “Voltaire Era.” This update, scheduled for June, will introduce essential tools for the network’s self-sustainability, allowing for proposed and…
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Looming Fed Meeting, Inflation Data May Lead To Choppy Trading On Wall Street
The major U.S. index futures are currently pointing to a roughly flat open on Monday, with stocks likely to extend the lackluster performance seen over the two previous sessions. Traders may be reluctant to make significant moves ahead of several key events later this week, including the Federal Reserve’s monetary policy meeting. The Fed is…
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Apple Showcases AI at WWDC 2024, Nvidia Stock Split Starts Today, and More News
Apple (NASDAQ:AAPL) – At today’s Apple Developer Conference (WWDC 2024) kicking off today, the company will demonstrate its prowess in the advanced field of artificial intelligence. Despite being an early adopter of AI with products like Siri, Apple now faces a perception of trailing behind competitors following innovations like ChatGPT. Throughout the event, Apple will…
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US Index Futures Drop Ahead of FOMC Decision, Oil Prices Inch Up
U.S. index futures are down in pre-market trading this Monday, marking the start of a week highlighted by the Federal Open Market Committee (FOMC) interest rate decision on Wednesday. According to the CME FedWatch tool, markets are now pricing in only one interest rate cut this year, expected in November. As of 6:39 AM, Dow…
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U.S. Stocks Close Modestly Lower Following Monthly Jobs Report
Stocks showed a lack of direction over the course of the trading day on Friday, extending the lackluster performance seen during Thursday’s session. The major averages spent the day bouncing back and forth across the unchanged line before closing modestly lower. After reaching a new record intraday high in early afternoon trading, the S&P 500…
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Telegram Introduces New Payment Token; Semler Scientific Bolsters BTC Investment, and More Crypto News
Telegram launches “Telegram Stars” to facilitate in-app payments Telegram announced the launch of “Telegram Stars,” a new in-app token intended for purchasing digital goods and services. Pavel Durov, the company’s CEO, highlighted that the token allows simplified transactions in mini-apps, with the possibility of conversion to Toncoin (COIN:TONCOINUSD). Additionally, developers can use Stars to promote…
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DocuSign Stocks Drop 8.5%, Braze Surges 15% as 1Q Results Beat Expectations, and More in Earning
Braze (NASDAQ:BRZE) – Braze reported an adjusted loss of 5 cents per share in the first quarter, better than the expected loss of 10 cents per share projected by analysts, according to LSEG. Revenue reached $135 million, exceeding expectations of $132 million. The cloud-based software company forecasts an adjusted loss per share of $0.03 to…
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GME Volatile as Roaring Kitty Goes Live Today, Meta Unveils AI for WhatsApp Ads, and More
GameStop (NYSE:GME) – GameStop shares are volatile in pre-market trading on Friday, after soaring nearly 50% the day before, following the announcement by the influencer known as “Roaring Kitty” of an upcoming live broadcast on YouTube today at 12 PM, Eastern Time (ET). Since Gill resumed social media activities in May, GameStop’s market value has…