US stock futures were mixed on Friday as investors paused after a chip-led rally and turned their attention to SK Hynix’s Nasdaq debut. Dow futures edged higher, but S&P 500 and Nasdaq 100 futures slipped…
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US futures steadied on Thursday, suggesting investors were not ready to abandon risk after another flare-up in the Gulf. Fresh US strikes on Iran and Tehran’s response had briefly pushed oil higher and revived inflation…
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The ongoing artificial intelligence (AI) infrastructure boom has sparked an unprecedented memory supercycle, lifting chipmakers to historic heights. While Micron and SanDisk have captured massive headlines in recent months with exceptional triple- and quadruple-digit returns,…
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Fiserv stock jumps after report says major US banks explored buying card network
by adminby adminShares of Fiserv climbed more than 6% in premarket trading on Tuesday after a report said several of the largest US banks had explored acquiring one of the fintech company’s debit-card networks, highlighting the growing…
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US futures pushed higher on Monday as Wall Street tried to extend last week’s rally with help from two familiar supports: steadier chip stocks and cheaper oil. The Dow is coming off a record close,…
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Americans’ revolt against data centers is growing: how it could disrupt the AI trade
by adminby adminThe artificial intelligence boom has a people problem, and it is getting worse faster than most investors have noticed. While Wall Street has spent the better part of three years fixating on chip stocks, hyperscaler…
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US stock funds saw their biggest weekly exit since March, raising fresh questions about the strength of Wall Street’s rally. Investors pulled $17.2 billion from US stock funds in the week through July 1, according…
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Cathie Wood’s ARK Innovation ETF has bought back into SoFi Technologies (NASDAQ: SOFI) just as the beaten-down fintech stock is trying to recover from a difficult first half of the year. ARKK bought 299,753 SoFi shares…
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Wall Street futures under pressure: 5 things to know before the market opens
by adminby adminUS stock futures slipped before Thursday’s jobs report, leaving Wall Street with a cautious tone after a weak session for technology shares. The rally that carried equities through the first half is not broken, but…
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US equity futures began the new quarter with a more guarded tone, even after Wall Street ended June on a strong note. The problem is not just geopolitics, though the stalled US-Iran diplomacy in Doha…