Tag: Wall Street
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California’s diesel prices have jumped since the Iran war started, with ripple effects across the country
California has the highest gas prices in the country as well as the busiest containership port, meaning consumers across the country could feel the impact of higher diesel.
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Amazon enters $3 trillion club as AI optimism sweeps through Wall Street
Aug 3 : Amazon touched a $3 trillion market capitalization for the first time on Monday, joining a handful of Wall Street giants at the top as a wave of renewed artificial intelligence optimism lifted technology stocks to new highs. Its shares were last up 3.1 per cent at $279, hitting a record high and…
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Amazon surges as US stocks shrug off bond yield worries
NEW YORK: Wall Street stocks charged higher Friday (Jul 31) behind strong earnings from Amazon that offset the drag from higher US Treasury yields.Shares of Amazon surged 15.3 per cent as the tech giant posted more than US$62 billion in quarterly profits behind a 20 per cent revenue increa
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August kicks off next week with jobs report, earnings as momentum recovers. Here’s what’s ahead
This week’s stock recovery implies that there’s some near-term upside for momentum but there are challenges ahead.
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The S&P 500 is stuck at a key battleground level. This obscure index could determine the market’s next move
Options traders and market makers in Chicago were quick to buy dips below 7,500 in the benchmark index Friday, but almost as quick to sell rallies above that level.
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Wall Street gains on tech earnings; bond yields hit multi-year highs
July 31 : U.S. stocks rose on Friday as strong earnings from Amazon and Microsoft drew investors back into the AI trade, while longer-dated Treasury yields hit new multi-year highs on fears that rising oil prices could fuel inflation.Currency markets also stayed on alert for further intervention, a day after
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Why Situational Awareness hedge fund imploded, even in a tame stock market
Leopold Aschenbrenner’s $45 billion hedge fund was forced to slash public stock positions after a historic momentum reversal triggered margin calls.
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New York sues Kalshi, says prediction market is running ‘illegal gambling operation’
It comes after a federal judge earlier this month denied Kalshi’s attempts to intervene against the state’s Gaming Commission.
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Blowout Microsoft results lift US stocks as oil retreats
NEW YORK: Wall Street stocks rebounded Thursday (Jul 30) as blowout Microsoft results and moderating oil prices blunted worries about higher US Treasury yields.Shares of Microsoft surged more than 15 per cent following strong results driven by its cloud and artificial intelligence division
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Stocks making the biggest moves after hours: Apple, Amazon, Rivian, Reddit & more
These are the stocks posting the largest moves in extended trading.
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