US stocks closed lower on Monday as investors assessed renewed uncertainty over US-Iran negotiations and higher oil prices. The Dow Jones Industrial Average fell 272.63 points, or 0.51%, to 53,459.78, while the S&P 500 and Nasdaq Composite also declined. Rising crude prices added to market pressure as the ceasefire between the US and Iran expired
US stocks have been charging higher with remarkably little resistance in 2026, repeatedly shrugging off inflation worries, geopolitical risks and elevated borrowing costs. The benchmark S&P 500 index climbed above 7,800 for the first time intraday on Thursday before finishing at a record 7,798.99, extending a rally that has pushed the benchmark roughly 14% higher
N Chandrasekaran’s decision not to seek another term as chairman of Tata Sons has triggered one of the biggest leadership questions in Indian corporate history, opening the door to a succession battle at a time when the 158-year-old conglomerate is navigating some of its most ambitious and capital-intensive projects. Tata Sons, which is the holding
US stocks ended lower on Friday as investors locked in profits following a record-setting rally, while weaker-than-expected retail sales data and renewed pressure on semiconductor shares weighed on sentiment. The S&P 500 fell 0.2% to close at 7,785.76 after setting fresh record highs earlier in the week. The Nasdaq Composite also declined 0.3% to 26,729.16,
Markets delivered another eventful session on Wednesday as investors reacted to softer-than-feared US inflation data, fresh developments in artificial intelligence, and corporate earnings. Gold climbed to a more than two-month high after inflation matched expectations, while Bitcoin weakened despite easing rate-hike bets. Super Micro Computer surged after delivering stronger-than-expected earnings and an upbeat outlook, while
US stocks finished mixed on Wednesday as gains in artificial intelligence infrastructure companies and a benign inflation report lifted the S&P 500 and Nasdaq, while the Dow Jones Industrial Average closed little changed. The S&P 500 rose 0.26% to 7,748.50, and the Nasdaq Composite gained 0.54% to 26,588.49, supported by strong performances across AI-related technology
CoreWeave (CRWV) shares are ripping higher in extended hours after the company posted market-beating Q2 earnings, citing accelerating artificial intelligence (AI) infrastructure demand. The Livingston-headquartered firm more than doubled its revenue to $2.58 billion, on a per-share loss of $1.14 – much better than $1.41 a share that analysts had forecast. Including post-earnings gains, CoreWeave
Shares of eBay EBAY fell about 4% on Monday after a Bloomberg report said GameStop chief executive Ryan Cohen is considering abandoning the video game retailer’s proposed $56 billion acquisition of the online marketplace in favour of a partnership. According to Bloomberg News, citing people familiar with the matter, GameStop is exploring the possibility of
The popular iShares 20+ Year Treasury Bond ETF (TLT) has slumped into a correction as its outflows rose and as long-term US bond yields rose. It is also under pressure as the US public debt nears the $40 trillion milestone. It was trading at $82.7 on Friday, down by 10% from its highest point last
Wall Street’s concerns that artificial intelligence would trigger a “SaaSocalypse” for enterprise software companies are facing a fresh test as a series of stronger-than-expected earnings reports has sparked a sharp rebound across the sector. Software stocks have recently staged one of their strongest rallies in years following quarterly results from companies including Atlassian, Twilio, JFrog,