US stocks ended lower on Monday as renewed military hostilities between the United States and Iran pushed oil prices higher and revived concerns about inflation and monetary policy. The decline came as investors prepared to close out a volatile August, with all three major indexes still on track to post monthly gains. The Dow Jones
Crude oil prices held in a tight range this week as investors focused on the stalemate between the US and Iran. Brent, the global benchmark, ended the week at $88.28 a barrel, while West Texas Intermediate (WTI) settled at $83.45. Both benchmarks remain more than 30% below their highs for the year, and key developments
As governments and regulators around the world intensify scrutiny of social media’s impact on children, Meta’s landmark US settlement marks a major shift in how technology companies may be held accountable for the way their platforms are designed and used. Meta has agreed to overhaul parts of Instagram and Facebook in the United States and
The US stock market ended lower on Friday as investors assessed Federal Reserve Chair Kevin Warsh’s warning that recent inflation data had not shown enough improvement to alter the underlying trend. The remarks increased expectations for a potential interest rate hike in September. The S&P 500 fell 0.26% to 7,711.05, while the Nasdaq Composite dropped
Bitcoin (BTC) price is trading in negative territory on Wednesday, holding around $78,000 and struggling to extend its recovery beyond the $80,000 level. The cryptocurrency’s recent strength has been supported by renewed institutional demand and increased activity among large Bitcoin holders, commonly known as whales. However, Bitcoin still faces significant resistance before a sustained recovery
Nvidia (NVDA) stock was down over 1% in after-hours trading after the firm posted its earnings report. Nvidia reported record second-quarter fiscal 2027 revenue of $96.2 billion, up 18% from the previous quarter and 106% from a year earlier, as demand for AI infrastructure continued to accelerate. Net income in the quarter more than doubled
SpaceX (SPCX) shares rose about 2.5% on Tuesday after closing at its initial public offering price Monday, as JPMorgan highlighted the company’s expanding artificial intelligence ambitions and enterprise strategy. JPMorgan reiterated an Overweight rating and $240 price target on SpaceX, implying roughly 74% upside from the stock’s current price. JPMorgan sees AI opportunity JPMorgan’s bullish
US stocks closed mixed on Monday as a decline in technology and semiconductor shares weighed on the S&P 500 and Nasdaq, while the Dow Jones Industrial Average gained. Investors also assessed lower Treasury yields, fresh tariff threats and the prospect of expanded US sanctions on countries doing business with Iran. The S&P 500 fell 0.28%
Crypto tokens associated with President Donald Trump are plunging this weekend as his approval rating sinks to a new low. Official Trump (TRUMP) meme coin dropped to $2.488, down by 32% from its highest level on Saturday. WLFI and TRUMP tokens have slumped Similarly, the WLFI token dropped to $0.057, down sharply from the weekend
The Dow Jones Industrial Average rose nearly 1% on Friday as US stocks recovered from a sharp sell-off in the previous session, while investors continued to monitor elevated Treasury yields, oil prices and tensions in the Middle East. The S&P 500 and Nasdaq Composite also gained, although all three major indexes ended the week lower