The S&P 500 Index ($SPX) (SPY) on Monday closed up +1.48%, the Dow Jones Industrial Average ($DOWI) (DIA) closed up +1.32%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed up +1.78%. September E-mini S&P futures (ESU26) r…
Hi, this is Evelyn, writing to you from Beijing. Welcome to the latest edition of The China Connection — a snapshot of what I'm seeing and hearing from local businesses.
Palantir topped second-quarter earnings estimates on Monday and said commercial revenue more than doubled from a year ago. The stock surged 12% after the numbers were released.
Coffee prices settled mixed on Monday. Arabica coffee closed sharply lower as drier conditions in Brazil’s coffee-growing regions should allow for the pace of the country’s coffee harvest to pick up. Somar Meteorologia …
Snap reported better-than-expected revenue and earnings for the second quarter and issued a forecast for the current period that topped analysts' estimates. The stock jumped about 8% in extended trading.
The dollar index (DXY00) fell to a 7-week low on Monday and finished down by -0.02%. The dollar moved lower on Monday as easing geopolitical tensions in the Middle East boosted stocks and reduced safe-haven demand for t…
Nat-gas prices settled higher on Monday as increased flows to liquefied natural gas export terminals reduced US domestic supplies. Estimated LNG net flows to US LNG export terminals on Monday were 18.0 bcf/day, the most…
In the case of Goldman Sachs Dynamic California Municipal Income, the RSI reading has hit 29.6 — by comparison, the RSI reading for the S&P 500 is currently 58.6. A bullish investor could look at GCAL's 29.6 reading as …
A coalition of 25 Democratic-led states sued the Trump administration Monday, arguing President Donald Trump exceeded his authority by imposing sweeping tariffs on goods from 60 U.S. trading partners.
Palantir reported second-quarter revenue of $1.94 billion, beating analyst estimates of $1.80 billion. The AI software company reported adjusted earnings of 41 cents per share for the quarter, beating estimates of 35 ce…
McDonald's (MCD) posted second quarter earnings on Tuesday before the market opened that slightly missed the mark as consumers face a challenging economic backdrop.
The July semiconductor selloff was built around one uncomfortable question: What happens when Big Tech finally slows its artificial-intelligence spending?
Bitcoin (CRYPTO: BTC) may be entering the final phase of its bear market, with widespread expectations for a drop to $40,000 possibly exaggerated, according to a prominent trader.
These two events will shape trading in the stock, which has lost much of its value over the last few weeks. Since peaking at around $225 in intraday trading on June 16, the stock has plummeted over 50%, now trading arou…
Steve Eisman, the investor made famous by “The Big Short,” says the next leg down in the AI trade may start with two companies that aren’t publicly traded.
U.S. equities opened August with a broad-based relief rally Monday as crude oil tumbled and Treasury yields retreated from 18-month highs, after President Donald Trump called off a planned military strike on Iran over t…
Analysts are projecting second-quarter revenue of $11.28 billion alongside adjusted earnings of $1.61 per share when AMD steps to the podium Tuesday evening, a setup that aligns closely with the company’s own guidance o…
Elon Musk says artificial intelligence is entering its fastest growth phase yet. Wall Street isn’t arguing with that. Instead, it’s asking a different question: Who will keep paying for it?
Rocket Lab secured three additional dedicated Electron launches for Institute for Q-shu Pioneers of Space Inc with missions scheduled to begin in late 2027 from Launch Complex 1. The deal brings iQPS total contracted El…
Most portfolios are now heavily concentrated in the Mag 7 stocks. For this reason, it is important to rise above the noise of daily news on the Mag 7 stocks.
The Nasdaq gained 1.5%, while the S&P 500 advanced 1.23%. The Technology sector also climbed 1.23%, providing additional support for high-growth names such as IonQ.
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