Wall Street bounces back on Friday but ends week in the red
US stocks rallied sharply Friday but major indexes still posted weekly losses after a hot CPI report raised rate hike expectations.
Global stock markets: index moves, earnings, analyst targets and the policy and rate backdrop driving them.
US stocks rallied sharply Friday but major indexes still posted weekly losses after a hot CPI report raised rate hike expectations.
Meta shares rose 6.55% after Muse AI launch. JPMorgan upgraded the stock and raised its target to $820. The stock faces trendline resistance near $665.
Apple will pay Samsung $250 per display for the iPhone Duo folding phone, with Citi estimating sales of 7.3 million units in year one.
S&P 500 and Nasdaq rebound after testing key support, but face resistance at 100- and 200-hour moving averages.
Metaplanet cut its executive reward pool by 41.1% by cancelling 131 million shares.
Nvidia's CEO says AI cybersecurity alarm is marketing for upcoming products, despite rising attacks on crypto platforms.
AI's margin impact may be greatest for low-margin heavy asset industries, using Waste Connections as one example.
Dell held earnings gains while Credo's losses worsened, highlighting a split in stock reactions after reporting.
Enflame Technologies shares surged over 200% on its Shanghai debut, marking the last of China's top four AI chip startups to go public.
US markets move to near 24/5 trading, but settlement infrastructure remains on a T+1 batch cycle, while on-chain systems offer continuous settlement.
IREN stock dropped 3.3% as co-CEO acknowledged market now requires delivered capacity, not just deals.
Dan Ives says software stocks got their clearest buy signal in months, citing Oracle's earnings as a turning point.
Nvidia's Jensen Huang denies circular financing allegations, saying investments are small relative to revenue. Critics point to deals with CoreWeave and OpenAI.
Bitwise liquidates its Dogecoin ETF BWOW after just months, holding only $722,000. Two other DOGE ETFs continue trading.
Adobe beat fiscal Q3 revenue and profit estimates, but its Q4 revenue guidance only matches the consensus figure at the top of the range.