Financial markets turned cautious midweek as escalating tensions in the Middle East pushed investors toward safer assets. Market participants also remained on the sidelines ahead of the Federal Reserve’s interest rate decision and accompanying policy statement, due later in the American trading session. The cautious approach has kept major currency pairs within relatively narrow trading
Bloom Energy Corp. shares climbed more than 10% in premarket trading. The company reported stronger-than-expected second-quarter results. It also crossed $1 billion in quarterly revenue for the first time. BE raised its full-year 2026 outlook as demand from AI data centers continued to accelerate. The California-based fuel-cell power provider posted quarterly revenue of $1.065 billion,
Amazon stock (NASDAQ: AMZN) could swing about $15 after its July 30 earnings as investors decide whether accelerating artificial-intelligence demand is beginning to justify the company’s unprecedented infrastructure spending. Options prices imply a move of roughly 6% in either direction from about $231, creating a potential range near $217 to $246. The shares are approximately
Lucid stock continued its recent recovery, reaching its highest level since April 15, after a Saudi prince bought a large stake in the company, despite bankruptcy and cash burn risks. LCID jumped to $7.90, up sharply from this month’s low of $2.40. Lucid Group stock jumps as Prince Alwaleed buys stake LCID stock soared as
Wall Street futures were mixed on Wednesday as investors weighed whether the Federal Reserve and Big Tech earnings could restore confidence in a faltering AI trade. S&P 500 futures rose 0.26%, while Nasdaq 100 futures gained 0.20%. Dow futures plunged 109 points on Wednesday. Chip stocks remained uneven after a brutal Asian sell-off, oil climbed
The JPMorgan Nasdaq Equity Premium Income ETF (JEPQ) has grown to become one of the biggest active funds in the United States, with over $39 billion in assets under management (AUM). Its assets have jumped because of the elevated inflows and its performance over time. Investors have flocked to JEPQ because of its strong performance,
Micron Technology (MU) shares held firm in premarket trading on Wednesday, even as South Korean memory giant SK Hynix suffered a sharp selloff following its second-quarter earnings. The move suggests investors may be distinguishing between short-term earnings disappointment and the longer-term outlook for artificial intelligence-driven memory demand. SK Hynix shares plunged more than 9% in
Reddit RDDT stock attracted fresh attention from Wall Street ahead of its second-quarter earnings report, after KeyBanc Capital Markets initiated coverage of the social media company with an Overweight rating and a $225 price target. The target implies roughly 26% upside from Tuesday’s closing price. Shares were up about 1.2% in premarket trading. KeyBanc said
The Roundhill Memory ETF (DRAM) has been in a free fall this week, reaching its lowest level since May 7 this year. It has plunged by over 43% from its highest point this year. This retreat may continue after the latest SK Hynix earnings, which pushed its stock to its lowest level since April 30th.
US stocks opened lower on Wednesday as investors awaited the Federal Reserve’s latest interest rate decision while monitoring renewed geopolitical tensions in the Middle East and another round of major technology earnings. Dow Jones Industrial Average fell more than450 points, pressured in part by weakness in Procter & Gamble after the consumer products company missed