Wall Street's main indexes rose on Thursday, driven by post-earnings advances in Meta and Tesla, although Microsoft's weak cloud forecast and downbeat results from Cigna dampened investor enthusiasm. Microsoft MSFT.O dropped 4.7% after forecasting disappointing growth in its cloud computing business.
Apple's earnings call is today at 5 pm ET. AAPL stock heads into the report down 4% YTD. Analysts are focused on services and China sales.
U.S. stock indexes slipped Wednesday after the Federal Reserve opted not to cut interest rates for the first time since it began trying to help the economy through easier rates in September. The S&P 500 fell 0.
Leaders at Microsoft and Meta told investors that China’s DeepSeek doesn’t harm their businesses and that they will still spend billions on AI data centers.
Futures for Canada's main stock index rose on Thursday, supported by gains in metal prices, while investors digested earnings from some of the big tech megacaps on Wall Street.
U.S. stocks ended lower but off their lows of the day on Wednesday as the Federal Reserve held interest rates steady as expected and Fed Chair Jerome Powell offered soothing comments on the economy.
Not every outlet popular with conservative readers is cheerleading for President Donald Trump. The Rupert Murdoch-owned Wall Street Journal has notably applied some brakes on its editorial pages during the new president's first week in office.
Wall Street is mainly focused on Apple's iPhone sales in China and any guidance related to its March quarter, which could include iPhone SE4 sales.
Tesla is a controversial stock and there is no shortage of opinions about what will happen later today. Artificial intelligence, demand, and President Donald Trump’s electric-vehicle policies are three key issues facing the company,
WEPE presale raised $63.3 million, setting a new benchmark in meme coin funding. Despite market turbulence, interest in Pepe-themed coins remains strong.
Monday’s bloodbath in Nvidia and other AI stocks wiped out some $1 trillion from the stock market’s value.