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US Stock Market: Futures Edge Higher Amid Key Economic Data and Corporate Headlines
Stock Market News· 2025-10-08 10:07
U.S. equity markets are poised for a cautiously optimistic start this Wednesday, October 8, 2025, as premarket trading indicates a slight upward movement in major index futures. Investors are closely monitoring a packed economic calendar, including the highly anticipated FOMC Meeting Minutes, and digesting a flurry of corporate news that could set the tone for the day's trading.Premarket Activity and Index FuturesAs the trading day begins to unfold, S&P 500 futures are showing a gain of 0.28%, signaling a p ...
US stock futures dip after record rally — Are S&P 500, Nasdaq, and Dow’s winning streaks nearing a turning point as Fed and shutdown risks loom large?
The Economic Times· 2025-10-07 11:10
edged lower early Tuesday, October 7, 2025, after Wall Street’s record-setting rally. The S&P 500 and both hit new highs on Monday, while the lagged slightly behind. Investors are taking a breather after weeks of relentless gains. Futures were mixed before the opening bell — Dow futures down 81 points (-0.2%), S&P 500 futures off 4 points (-0.1%), and Nasdaq futures flat. The pullback comes as traders eye the Federal Reserve’s next move and the ongoing U.S. government shutdown, now stretching into its seco ...
X @Herbert Ong
Herbert Ong· 2025-10-06 12:59
🚨 BREAKING: AMD shares surged up to 28% premarket after signing a multi-year AI chip deal with OpenAI, potentially worth tens of billions in new revenue.OpenAI will deploy 6 GW of AMD GPUs, and can earn up to 160M AMD shares as milestones hit.The AI chip war just got hotter. 🔥Source: https://t.co/az1Ky2X8nd ...
Baidu (BIDU) Climbs to Fresh High as 2 Analysts Post Optimistic Ratings
Yahoo Finance· 2025-09-18 14:46
Group 1 - Baidu Inc. (NASDAQ:BIDU) shares reached a 52-week high of $124.79, closing at $123.79, up 7.81% on the day [1] - Arete Research Services upgraded Baidu's rating from "sell" to "buy," driven by optimism regarding the company's AI chip and cloud computing revenue [2] - Jefferies raised its price target for Baidu from $108 to $157 while maintaining a "buy" recommendation, reflecting confidence in the company's growth in the AI sector [3] Group 2 - Baidu secured a partnership with China Merchants Group to develop large language models and AI technologies for industrial applications [3] - The company plans to raise $56.2 million through bond issuance due in 2029 to support its AI initiatives [4]
X @Bloomberg
Bloomberg· 2025-09-18 08:34
Huawei unveiled new AI chip technology with greater computing power in a bid to challenge Nvidia’s dominance.Bloomberg's @joumannatv and @BelleDroulers explain https://t.co/aVeBCJdIjE https://t.co/50GZd3DpY2 ...
Stock market today: S&P 500, Nasdaq slip as Federal Reserve ushers in first rate cut of 2025
Yahoo Finance· 2025-09-17 20:00
Corporate Developments - China has instructed its largest tech companies, including Alibaba, not to purchase Nvidia's AI chips, effectively banning tens of thousands of orders, which led to a nearly 3% drop in Nvidia shares [4] - General Mills reported quarterly sales that exceeded estimates; however, shares declined after the company warned of a challenging consumer environment [5] - Cracker Barrel's results are under scrutiny following controversy over its now-abandoned logo change [5] Economic Context - The Federal Reserve cut interest rates by 25 basis points, marking the first reduction of the year, with the Dow Jones Industrial Average rising by 0.5%, while the S&P 500 and Nasdaq Composite fell by 0.1% and 0.3% respectively [1] - Fed Chair Jerome Powell described the rate cut as a "risk management cut" due to a deteriorating labor market amidst high inflation, with indications of two more rate cuts expected this year [2] - Concerns over the Federal Reserve's independence are growing, particularly with President Trump's influence over policymakers, highlighted by the dissent from newly confirmed Fed governor Stephen Miran who advocated for a 50 basis point cut [3]
Futures Flat Ahead Of Royal FOMC Rumble
ZeroHedge· 2025-09-17 12:31
Market Overview - US equity futures are flat ahead of the Federal Reserve's decision, with S&P and Nasdaq futures down 0.1% [1][3] - Nvidia shares fell 1% in premarket trading after reports that China ordered companies to terminate orders for specific AI chips [1][3] - The dollar is near its lowest level in three years, while gold remains near record highs [1][3] Corporate News - Cytokinetics (CYTK) shares rose 1% after announcing a $550 million convertible notes offering and a meeting with US regulators regarding its drug application [4] - Manchester United (MANU) shares fell 9% due to flat revenues and increasing losses [4] - New Fortress Energy (NFE) shares surged 24% after finalizing a $4 billion liquefied natural gas supply deal with Puerto Rico [4] - Vtex (VTEX) shares increased 5% following an upgrade from Jefferies, citing overdone declines and intact long-term growth prospects [4] - Workday (WDAY) shares rose 9% as analysts expressed positive outlooks and Elliott Investment Management noted substantial progress [4] Economic Indicators - Housing starts and building permits data are expected ahead of jobless claims data [1] - The Bank of Canada is anticipated to cut its benchmark overnight rate to 2.5% following weak jobs data [9] International Trade and Relations - China instructed tech firms, including Alibaba and ByteDance, to stop orders for Nvidia's AI chips, impacting Nvidia's stock [1][21] - Trump discussed easing tensions with Indian PM Modi amid tariff disputes and oil purchases from Russia [7] - China released a Wells Fargo banker previously barred from leaving the country, ahead of a potential meeting between Trump and Xi Jinping [7]
Stock market today: Dow rises, S&P 500 and Nasdaq steady as Wall Street braces for Fed decision
Yahoo Finance· 2025-09-16 23:05
Corporate Developments - General Mills (GIS) reported quarterly sales that exceeded estimates, but shares declined due to warnings about a challenging consumer environment [6] - Cracker Barrel (CBRL) is under scrutiny following controversy over its now-abandoned logo change, with results being closely watched [6] - Nvidia (NVDA) shares fell by 1.5% in premarket trading after reports that China has instructed major tech companies, including Alibaba, not to purchase its AI chips, effectively banning tens of thousands of orders [5] Economic Indicators - The interest rate on a 30-year mortgage has dropped to its lowest level since October 2024, leading to a nearly 60% increase in refinancing applications, the highest since March 2022 [5]
“The Long Knives Are Out” For NVIDIA Corporation (NVDA), Says Jim Cramer
Yahoo Finance· 2025-09-10 17:28
We recently published 14 Latest Stocks on Jim Cramer’s Radar. NVIDIA Corporation (NASDAQ:NVDA) is one of the stocks Jim Cramer recently discussed. Portogas D Ace/Shutterstock.com NVIDIA Corporation (NASDAQ:NVDA)’s shares fell by 3.9% last week after Broadcom revealed that it had landed a $10 billion deal for a new custom AI chip customer. While reports suggest that the customer could be OpenAI, Cramer believes that the firm has a strong partnership with NVIDIA. This time, he commented on CFO Colette Kre ...
Wall Street Breakfast Podcast: Futures Tick Up Ahead Of Jobs Data
Seeking Alpha· 2025-09-05 10:37
Company and Industry Insights - The U.S. Department of Justice has filed lawsuits against Southern California Edison, seeking $77 million in damages for negligence related to two wildfires, the Eaton Fire and the Fairview Fire, which resulted in significant destruction of federal land [5][6][7] - The Eaton Fire, which occurred in January 2023, resulted in 31 fatalities and burned approximately 8,000 acres, while the Fairview Fire, which started in September 2022, burned nearly 14,000 acres [7] - OpenAI is set to launch its first AI chip in collaboration with Broadcom, with plans to use the chip internally rather than for external sales, marking a strategic move to reduce reliance on Nvidia for chip supply [8][9]