Tag: NASDAQ:BLNK
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Arm Sets 2025 Target for AI Chip Development, Amazon and Microsoft Commit Billions to French Investments, and More
Arm Holdings (NASDAQ:ARM) – SoftBank is collaborating with Arm to develop AI chips, aiming to start mass production in 2025. SoftBank is financially contributing, negotiating with manufacturers like TSMC (NYSE:TSM). Amazon (NASDAQ:AMZN) – France secured new jobs and investments on Sunday before hosting a foreign investment summit. Macron led the ‘Choose France’ event, aiming to…
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U.S. Index Futures Dip, Bank of England Holds Interest Rates at 5.25%
U.S. index futures are trading lower in pre-market trading on Thursday, halting momentum after the Dow Jones had closed higher for six consecutive sessions, the longest winning streak of 2024 for the index so far. As of 7:05 AM, Dow Jones futures (DOWI:DJI) fell 81 points, or -0.21%. S&P 500 futures fell -0.20%, and Nasdaq-100…
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U.S. Stock Futures Rise Ahead Of PPI and Retail Sales; Oil Prices Climb
U.S. index futures are rising in Thursday’s pre-market, with investors awaiting producer inflation data and retail sales, which impact U.S. interest rate projections for the year. At 06:39 AM, Dow Jones futures (DOWI:DJI) rose 108 points, or 0.27%. S&P 500 futures advanced 0.32%, and Nasdaq-100 futures gained 0.46%. The yield on 10-year Treasury notes was…
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Tuesday’s Wall Street Highlights: CPI, Manchester United, Oracle, Toyota, Apple and more
The inflation rate hit its lowest annual level in about two years in May, with the CPI rising just 0.1% for the month. However, excluding food and energy, core inflation rose 0.4% on the month and 5.3% year-on-year. These numbers are in line with consensus estimates. At around 8:32 AM, Dow Jones (DOWI:DJI) futures were up 23 points,…
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Friday’s Wall Street Highlights: GM, UBS, Planet Labs, DocuSign and more
US Index Futures trade lower as the S&P 500 consolidates in a bull market – more than 20% above the last technical bottom after US jobless claims data showed some market normalization of work. At around 7:27 AM, Dow Jones (DOWI:DJI) futures were down 72 points, or 0.21%. S&P 500 futures were down 0.03%, while Nasdaq-100 futures…