Tag: NYSE:AI
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US Index Futures Drop Amid Rising Treasury Yields and Inflation Concerns, Oil Prices Increase
U.S. index futures are down in pre-market trading this Wednesday, after the Nasdaq Composite reached a new record in the previous session. Investors are focused on rising Treasury yields and increasing inflation concerns. As of 6:25 AM, Dow Jones futures (DOWI:DJI) fell 219 points, or 0.56%. S&P 500 futures dropped 0.56%, and Nasdaq-100 futures lost…
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Snowflake Stock Plummets 20.3% After CEO Transition; C3.ai, Okta, and Duolingo Surge Post-Strong Quarterly Reports, and More
Snowflake (NYSE:SNOW) – Snowflake’s shares plummeted 20.3% following the announcement of CEO Frank Slootman’s retirement, replaced by Sridhar Ramaswamy, former head of advertising at Google. Fourth-quarter sales rose 32% to $774.7 million, but operating losses widened to $275.5 million. The revenue forecast for the first quarter fell short of expectations. Okta (NASDAQ:OKTA) – Okta’s shares…
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Alphabet Unveils Advanced AI Model, AMD Expects $45 Billion AI Market, Chevron’s $19.5B Investment Plans, BMY Increases Dividend, and More
U.S. index futures are mixed in Thursday’s pre-market trading, following a three-day losing streak for the S&P 500 and the Dow Jones. At 05:17 AM, Dow Jones futures (DOWI:DJI) fell 80 points, or 0.22%. S&P 500 futures dropped 0.04%, while Nasdaq-100 futures rose 0.18%. The yield on 10-year Treasury bonds was at 4.146%. In the…
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Mastercard Boosts Buyback and Dividends, Bill Holdings Cuts Jobs, BOX, Asana, MongoDB Dip in Pre-Market, and Latest News
U.S. index futures are slightly up in Wednesday’s pre-market, with investors awaiting new employment data, and the Dow and S&P 500 recovering part of the drop from the last two days. At 5:53 AM, Dow Jones futures (DOWI:DJI) rose 47 points, or 0.13%. S&P 500 futures rose 0.26% and Nasdaq-100 futures increased by 0.37%. The…
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Wednesday’s Wall Street Highlights: Verb Technology, Apple, Alphabet, Warner Bros, and more
US index futures are lower in premarket trading on Wednesday, weighed down by disappointing numbers in Europe and a rise in the cost of oil the day before. These factors heighten inflation concerns as investors await new US indicators, including the Beige Book. By 6:52, Dow Jones futures (DOWI:DJI) were down 51 points, or 0.14%. S&P 500…
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Monday’s Wall Street Highlights: UBS, Tesla, Palo Alto Networks, Novo Nordisk and more
US Index Futures open the week with no clear direction close to flat after a rally last week gave the S&P 500 its best weekly performance since March. At around 7:20 AM, Dow Jones (DOWI:DJI) futures were up 29 points, or 0.09%. S&P 500 futures were up 0.07%, while Nasdaq-100 futures were down 0.10%. The yield on the…
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Friday’s Wall Street Highlights: SoftBank, Boeing, Broadcom, MongoDB, Meta Platforms and more
US Index Futures rose in premarket trading on Friday after the US Senate passed a bill raising the debt ceiling, eliminating the risk of a debt default. The market is now shifting its focus to the Payroll report, which is important for calibrating expectations about the trajectory of US interest rates. By 6:55 AM, Dow Jones…
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Wall Street Highlights for Wednesday: Tesla, Goldman Sachs, C3.ai, Ambarella and more
The risk aversion environment prevails and puts pressure on US Index Futures, after China’s economy contracted for the second straight month in May, which adds evidence that the Asian country’s post-Covid recovery is losing momentum. The market also follows the vote in the plenary of the House of the bipartisan agreement to increase the debt…
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Thursday’s Wall Street Highlights: Nvidia, Best Buy, Palantir, Snowflake and more
US Index Futures are upbeat for a possible solution to the U.S. debt ceiling impasse, with S&P 500 futures posting a one-week high and technology stocks soaring after chipmaker Nvidia Inc. issued a bright revenue forecast. Dow Jones Industrial Average futures fell after Fitch Ratings placed top-rated US bonds on negative watch due to stalled talks…
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Monday’s Wall Street Highlights: Coca-Cola, Philips, Credit Suisse, C3.ai and more
Main subjects of the day By 8:18 AM, Dow Jones futures were down 43 points, or 0.13%. S&P 500 and Nasdaq-100 futures fell 0.12% and 0.14%, respectively. The main indices fell last week, with the Dow Jones (DOWI:DJI) down 0.23% and ending a four-week streak of gains. The Nasdaq (NASDAQI:NDX) shed 0.42%, while the S&P (SPI:SP500) shed 0.1%. This week,…