All articles tagged with #stock markets
SpaceX’s first earnings since going public show AI-related capex surging to about $18.37bn, far outpacing revenue growth and prompting investor concerns over affordability, even as Starlink and other space ventures remain cash generators; looming lockup expiries and ongoing volatility hint the stock could stay choppy in the near term.
US stock futures rallied ahead of the June PCE inflation release and GDP data after a Fed hold, with Dow futures up about 0.2%, S&P 500 futures up around 0.4%, and Nasdaq futures up roughly 0.7%. The day features mixed earnings, with Meta slipping after its report while Microsoft jumped on Azure revenue, and Amazon and Apple due to report next. Investors monitor rising yields, a geopolitical backdrop in the Middle East, and the ongoing earnings season as they await inflation data to shape the Federal Reserve’s path.
Diplomacy between the U.S. and Iran appears to ease tensions, pushing crude prices down around 5% and lifting global stocks, while Ukraine claims strikes on Iranian vessels in the Caspian. Wildfires rage across France and Spain, triggering mass evacuations and vast damage. Chinese memory chipmaker CXMT surges about 500% on its Shanghai STAR Market debut, and futures point higher across the U.S. and Europe as markets digest the mixed news.
Super Micro Computer (SMCI) shares jumped about 20% after hours on a preliminary Q4 update that showed GAAP and non-GAAP gross margins of 15%–17%, well above prior guidance of about 8%, while revenue is expected near the bottom of its $11–$12.5 billion range. The company also disclosed an all-time backlog of roughly $60 billion, signaling a large future delivery pipeline as AI infrastructure demand remains robust. Full fourth-quarter and fiscal 2026 results are due on August 11.
U.S. stock index futures rose after cooler-than-expected CPI data and strong bank results, bolstering optimism for the ongoing earnings season as investors await tech reports to sustain the rally.
US stock futures were mixed Monday as renewed Middle East tensions over the Strait of Hormuz and conflicting reports about shipping closures spurred a risk-off tone ahead of a busy Q2 earnings season led by JPMorgan, Bank of America, Goldman Sachs, Wells Fargo and Citigroup; S&P 500 futures slipped about 0.25%, Nasdaq-100 about 0.9% lower, while Dow futures edged up around 0.1%; oil prices climbed on supply concerns, and tech equities faced a rough start with a chip rout ahead of ASML and TSMC results.
U.S. stock indexes’ futures edged higher on Monday after a holiday week, with S&P 500 futures up about 0.4% and Nasdaq-100 futures up roughly 1%, while Dow futures were little changed. Last week’s gains—Dow around 2%, S&P 500 about 1.8%, Nasdaq around 2.1%—came as softer June payroll data eased near-term rate-hike fears, even as AI-name valuations continue to attract scrutiny. Traders are awaiting the Fed’s June meeting minutes on Wednesday and monitoring early second-quarter earnings from Levi Strauss, PepsiCo and Delta Air Lines, while oil prices drift lower following another OPEC+ output boost.
The Independent reports that President Trump bought between $100,001 and $250,000 in Apple, Alphabet, Amazon, Microsoft and Nvidia on April 8, 2025—one day before he paused tariffs for 90 days and sent stock indices higher—raising fresh questions about potential conflicts of interest, as Democrats accuse him of profiting from the presidency while the White House defends that assets are managed by independent funds.
Global investors pushed the dollar to a 13-month high on the allure of the U.S. AI boom and the prospect of higher interest rates, with bets on a Fed move later this year overshadowing concerns about Trump’s policymaking.
Investors pulled back from AI-driven tech stocks after a sharp rally, with Sandisk and Marvell among notable decliners and tech-focused ETFs slipping. Analysts say the move could be a mix of profit-taking and concerns that rapid AI infrastructure spending may lead to oversupply and weaker pricing, potentially weighing on returns even as AI demand remains robust in regions like Asia.
Wall Street opened mixed as investors awaited details of the U.S.–Iran interim peace deal: the S&P 500 slipped about 0.2%, the Nasdaq fell around 0.5%, while the Dow rose to a record above 52,000; SpaceX extended its rally after last week’s debut, pushing its valuation toward that of Alphabet, Apple and Nvidia. Brent crude slid below 80 as oil cooled, while traders geared up for the Federal Reserve’s two‑day meeting and other central‑bank moves.
Investors brace for a potentially choppier week as a newly led Federal Reserve under Warsh weighs in on rates and balance-sheet reduction; while a hold is anticipated, traders will scrutinize forward guidance on inflation and policy, with AI-driven optimism and energy-price risks amplifying volatility as SpaceX’s debut adds another variable.
U.S. stock futures ticked higher on Monday, helped by Nvidia’s announcement of a Windows-oriented AI processor (RTX Spark) that fuels AI excitement, even as renewed U.S.–Iran strikes heighten risk around a potential ceasefire. Dow, S&P 500 and Nasdaq‑100 futures were up about 0.2% at 08:34 ET, with Dell’s upbeat forecast supporting sentiment. Brent crude rose on Middle East tensions while gold fell and the dollar firmed; Nvidia gained roughly 2.3% in premarket trading, while peers like Intel, AMD and Qualcomm dipped on the chip-news backdrop.
Asian shares rose on hopes of a U.S.-Iran peace deal, with the Nikkei 225 hitting a fresh record as tech and AI-driven gains led a broad rally across Asian markets.
Asian stock markets edged higher after Wall Street reached fresh records, while oil prices slipped, signaling a cautiously upbeat mood as investors weighed global equities against energy costs.