The S&P 500 hit an intraday record high on Tuesday (Aug 4), driven by strong AI-linked earnings from Caterpillar and Palantir and hopes for a Middle East deal. The Dow Jones Industrial Average rose 46…
Caterpillar Inc. stock jumped 10% in premarket trading Tuesday after the heavy equipment maker reported record second-quarter sales and revenues of $20.5 billion, up 24% year over year, and a backlog …
Seoul shares ended higher Tuesday, with the benchmark Korea Composite Stock Price Index closing at 6,358.95, up 101.50 points, or 1.62 percent, as retail investors bought stocks after the previous ses…
Seoul shares opened 1.5 percent higher on Tuesday, tracking Wall Street gains, with the KOSPI up 93.93 points to 6,351.38, after plunging over 5 percent on Monday. U.S. stocks rose as Amazon.com gaine…
Aptus Capital Advisors head of equity and portfolio manager David Wagner said on Yahoo Finance's Market Domination that AI, not the US-Iran war, is the main driver of US equities, with market fears ov…
Wall Street opened the week higher, with the S&P 500 up 0.3%, the Dow Jones Industrial Average up 0.5%, and the Nasdaq Composite up 0.4%, as oil prices fell over 5% after the U.S. and Iran agreed to h…
U.S. stocks rose Friday, with the S&P 500 climbing 0.7% to 7,489.72, the Dow Jones Industrial Average adding 276.97 points to 52,485.03, and the Nasdaq composite rallying 1% to 25,373.85, as Amazon.co…
All three major US indices climbed on a semiconductor-fueled rally after South Korea's KOSPI recovered from a dramatic selloff, with chip stocks leading the charge. Samsung Electronics and SK Hynix re…
US stock futures rose Friday, with Nasdaq-100 contracts up 1.2%, as Big Tech earnings revived optimism in the AI trade after South Korea's KOSPI jumped 14% overnight. Amazon shares jumped 10% in prema…
Korean stocks opened sharply higher Friday, with the KOSPI adding 1.15 percent to 5,657.79, driven by gains in semiconductor shares after Microsoft's strong earnings report. Microsoft jumped 15 percen…
US stocks opened higher on Thursday as Microsoft's forecast-beating results soothed investor concerns about massive AI spending by companies. The Dow Jones Industrial Average rose 1.01% to 52,114.27, …
Seoul shares turned lower late Wednesday morning, with the KOSPI falling 6.24% to 5,647.65, as investors dumped tech stocks amid concerns over future AI spending. The Korea Exchange activated a sell-s…
The Nasdaq fell 1.2% Tuesday as a chipmaker rout deepened on fears of an AI bubble and Chinese competition, with Micron, AMD, Intel, Broadcom, and Nvidia slumping 10%, 8.4%, 7%, 1.8%, and 1%, respecti…
The Nasdaq Composite fell 107.0 points, or 0.43%, to 24,825.072 at the open on Tuesday as AI worries mounted ahead of pivotal earnings, with concerns about hefty corporate spending and rising Chinese …
US tech stocks fell before the bell Tuesday as a sell-off in Korean memory makers deepened, with Nasdaq-100 futures sliding 0.9% and S&P 500 futures dropping 0.2%, while Dow futures edged up 0.1%. Sou…
Korean stocks opened sharply lower Tuesday, with the KOSPI falling 6.41 percent to 6,322.80, driven by losses in tech shares after a selloff in chipmakers on Wall Street. The Korea Exchange activated …
Wall Street fell sharply on Thursday, with the Nasdaq sinking more than 2%, as earnings from Alphabet and Tesla revived concerns about heavy AI spending, while Brent crude oil futures settled above US…
Wall Street's main indexes opened lower on Thursday (Jul 23) as Big Tech earnings reignited concerns over heavy AI spending, with the Dow falling 463.0 points (0.89%), the S&P 500 dropping 80.7 points…
US stock futures slipped on Thursday as investors weighed Alphabet and Tesla's capital expenditure outlooks for AI and widening Middle East attacks that pushed oil prices higher. Dow and S&P 500 futur…
The S&P 500 fell 11.7 points (0.16%) to 7,497.47 and the Nasdaq Composite dropped 143.5 points (0.56%) to 25,693.719 at the open on Wednesday, pressured by weakness in chip stocks as investors remaine…