US Market

Utilities were the best performing sector of the S&P500 in Q3, largely fueled by the AI boom, but the new quarter leads to a pullback

The sportswear giant is having a bad year which reflect on the stock and the latest results reaffirmed the downside momentum, but turnaround plans could fuel further rebound

Micron Technology's robust earnings and revenue forecast, driven by strong AI demand, sparked a global surge in chip stocks. Major players like Samsung, SK Hynix, and European firms such as ASML saw significant gains. The rally reflects growing confidence in the semiconductor sector, particularly in AI-related products.

The central bank recently announced a 50 basis point rate cut, described as a “recalibration” to support economic strength and address labour market concerns. This move marks a shift from a focus solely on inflation to a broader aim of sustaining employment. Initial market reactions were mixed, but stocks rallied as investors viewed the cut as proactive rather than a response to economic decline. Recent improvements in unemployment figures, with…

The Federal Reserve is expected to lower interest rates today, but there’s still debate about how much they’ll cut. Markets are leaning towards a half-point cut, with a 63% chance according to the CME FedWatch Tool. This decision comes at a tricky time, as stocks are near record highs, and a smaller cut could create uncertainty. JPMorgan says a quarter-point cut might dampen investor confidence, while BlackRock believes a larger…

Tech optimism returned after Nvidia CEO offered upbeat AI message, helping NAS100 looks past upside surprise in core CPI

The tech-heavy index posted its worst week of the year and re-entered correction territory after a negative reaction to the NFPs, as markets await Wednesday’s inflation update

Yesterday, the S&P 500 fell for a third consecutive session as markets await today's key August jobs report, which could influence the Federal Reserve’s upcoming interest rate decision. Broadcom’s disappointing revenue guidance and concerns over the AI rally added to market jitters.

The tech-heavy index is on the verge of correction, as Nvidia suffered heavy losses and weak PMIs reignite recession fears, ahead of Friday’s jobs report

Biotech stocks are showing signs of recovery, supported by expected rate cuts and bullish technical indicators. The sector's improving fundamentals could provide a strong boost to the broader healthcare market.

Intel is at a crossroads, exploring major strategic shifts like splitting its design and manufacturing units and scaling back factory projects. After a severe stock drop and ongoing losses, CEO Pat Gelsinger has announced significant cost-cutting measures and the suspension of dividends. Despite challenges and a key board member’s resignation, Intel remains hopeful about its upcoming Lunar Lake product. The company’s next moves will be crucial for its recovery and…