Micron and SanDisk shares rebounded in the early premarket trading on Monday after a bruising semiconductor sell-off forced investors to reassess one of the most crowded parts of the artificial intelligence trade. At 5:45 am ET, Micron (NASDAQ: MU) was up more than 3%, while SanDisk (NASDAQ: SNDK) had gained about 2.5%, according to market […]Read More
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 […]Read More
Wall Street’s biggest banks are proving that even geopolitical uncertainty and volatile markets can be highly profitable when trading desks stay busy and artificial intelligence fuels an unprecedented wave of capital raising. The six largest US banks generated a combined $55 billion in second-quarter profits, comfortably exceeding analysts’ expectations as market volatility, record AI-related fundraising […]Read More
Volvo Group reported stronger second-quarter financial results, driven by higher profitability and robust truck order intake in North America despite continued external cost pressures. Net sales in the second quarter of 2026 increased 3% year over year to SEK 126.3 billion, compared with SEK 122.9 billion in the same period last year. Organic sales growth […]Read More
US stock futures were mixed on Thursday as investors paused after a two-day advance and weighed whether strong earnings can keep the rally moving while semiconductor shares remain under pressure. Futures tied to the Dow Jones Industrial Average surged 131 points, or 0.08%, reversing an earlier gain. S&P 500 futures edged 0.1% lower, while Nasdaq […]Read More
ASML Holding raised its financial guidance for 2026 on Wednesday after reporting stronger-than-expected second-quarter earnings and announcing plans to increase capacity. The results showed that robust demand for artificial intelligence chips continues to fuel investment across the semiconductor industry. The Dutch company, the world’s largest supplier of semiconductor manufacturing equipment, now expects full-year 2026 net […]Read More
US stock futures were mixed on Tuesday as investors prepared for inflation data, major bank earnings and Federal Reserve commentary, while another surge in oil revived fears that the Middle East conflict could prolong the fight against rising prices. Dow Jones futures fell 141 points, or 0.3%, while S&P 500 futures were little changed. Nasdaq-100 […]Read More
US chip stocks are extending losses on July 13 as Washington and Tehran lock horns in a dangerous new phase of open hostility. Over the weekend and into Monday morning, the US Central Command (CENTCOM) launched heavy airstrikes targeting about 140 Iranian military installations, and Iran retaliated against regional US bases and declared the critical […]Read More
SpaceX stock (SPCX) fell for a second consecutive trading session on Monday, moving closer to the company’s $135 initial public offering price just days after joining the Nasdaq-100 index. The stock declined more than 4% to trade around $139 as broader US equity markets also came under pressure. The S&P 500 fell to session lows […]Read More
Planet Labs stock continued its strong downward trend last week, reaching its lowest level since March 19. PL has dropped by 50% from its highest point this year, with the market capitalization falling from over $18.40 billion in May to the current $9.28 billion, and technicals suggest that it has more downside to go. The […]Read More