Alphabet GOOGL shares rebounded on Monday after suffering a sharp selloff following last week’s quarterly earnings, with several Wall Street brokerages maintaining bullish recommendations even as they trimmed price targets in response to the company’s aggressive artificial intelligence investment plans. Shares of the Google parent rose nearly 3% at the market open, signalling that investors
President Donald Trump paused his attacks against Iran after 13 consecutive days of intense strikes as top advisors warned about the fading stockpiles of key defense munitions and the impact of the strikes on pushing Iranians back to the negotiating table. Trump has paused his attacks against Iran According to Axios, Trump ordered the military
Top flying car stocks such as Joby Aviation and Archer Aviation have tumbled this year, wiping out billions of dollars in market value. Joby Aviation shares have fallen 48% year to date and 60% over the past 12 months, while Archer Aviation has declined 37% and 57%, respectively, despite both companies moving closer to commercial
The United States on Friday imposed fresh tariffs ranging from 10% to 12.5% on imports from 60 trading partners, including the European Union, China, India, Japan and South Korea, marking the first major step by President Donald Trump’s administration to rebuild its global tariff regime after the US Supreme Court struck down his previous reciprocal
Spot gold and silver prices moved lower ahead of the North American market open on Thursday. Rising Treasury yields, a firmer US dollar and another sharp increase in crude oil prices outweighed safe-haven demand linked to the ongoing US-Iran conflict. At the time of writing, spot gold was trading near $4,066.82 an ounce. The metal
US stocks opened lower on Wednesday as weakness in semiconductor stocks and higher oil prices weighed on investor sentiment ahead of a crucial day of corporate earnings led by Alphabet, Tesla and other major technology companies. The Dow Jones Industrial Average gained 78 points, or 0.15%. The S&P 500 declined 0.12%, while the Nasdaq Composite
US stocks ended mixed on Monday as investors balanced hopes of easing in the US-Iran conflict against uncertainty ahead of a crucial week of corporate earnings. While semiconductor stocks rebounded from last week’s selloff, broader market sentiment remained cautious. The Dow Jones Industrial Average fell 297 points, or 0.57%, to close at 51,848.96. The S&P
Tesla stock dropped to a crucial support level on Friday as traders waited for the upcoming earnings. It also retreated as Xpeng, a top Chinese rival, hinted that it was about to launch a new Model Y killer. TSLA dropped to $380, down by over 23% from its highest point this year. Xpeng hints of
As the second-quarter earnings season of 2026 approaches its most critical stretch, the global equity market finds itself at a pivotal crossroads. For over two years, a relentless, AI-driven bull run has propelled mega-cap technology valuations to historically elevated levels. However, the narrative on trading desks has undergone a fundamental shift. The era of rewarding
Apple (AAPL) reclaimed its position as the world’s most valuable publicly traded company on Friday after its market capitalization surpassed Nvidia’s. Apple shares climbed to an all-time high of $334.99, lifting the company’s market value to approximately $4.88 trillion. Nvidia shares fell more than 3% in early trading, reducing the AI chipmaker’s market capitalization to