Alphabet Inc. reported second-quarter results that exceeded Wall Street expectations on earnings and revenue, driven by strong cloud growth, although its search advertising business narrowly missed analyst estimates. The Google parent posted cloud revenue of $24.77 billion for the quarter ended June 30, an 82% increase from a year earlier and ahead of Bloomberg-compiled analyst
US stocks closed sharply higher on Tuesday, led by a strong rebound in semiconductor shares as investors looked past geopolitical tensions in the Middle East and focused on the upcoming wave of Big Tech earnings reports. The Dow Jones Industrial Average rose 384.46 points, or 0.74%, to close at 52,223.72. The S&P 500 gained 0.86%
Tesla stock dropped to a crucial support level on Friday as traders waited for the upcoming earnings. It also retreated as Xpeng, a top Chinese rival, hinted that it was about to launch a new Model Y killer. TSLA dropped to $380, down by over 23% from its highest point this year. Xpeng hints of
The S&P 500 Index remains under pressure this month, and this week’s events will determine whether it will bounce back. It was trading at 7,457 points, down by 2.10% from its highest point this year. This article highlights some of the key catalysts that will drive the SPX and VOO ETFs this week. S&P 500
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
US stocks closed lower on Friday, capping a weak week for Wall Street as a deepening selloff in semiconductor stocks and renewed concerns over artificial intelligence spending weighed on investor sentiment. The decline came despite a strong start to the second-quarter earnings season, with rising geopolitical tensions in the Middle East adding to market uncertainty.
Rocket Lab’s stock price plunged more than 12% on July 16, hitting its lowest level since April 13. The decline has pushed the shares down 55% from their peak this year, wiping out nearly half of the company’s market value as its valuation fell from $86 billion to around $40 billion. Despite the sharp sell-off,
Hedera price has been caught between two major developments that tell very different stories about the network. On one hand, a $9 million exploit at Bonzo Lend raised fresh concerns about security within Hedera’s decentralised finance ecosystem. On the other hand, Lloyds Banking Group, Aberdeen Investments, and Archax completed a landmark tokenised collateral transaction on
London’s FTSE 100 slipped on Wednesday as investors remained cautious over escalating tensions in the Middle East. Losses in precious metals miners outweighed gains in energy stocks, which benefited from a rise in oil prices. The blue-chip FTSE 100 index had fallen 0.1% to 10,515.73 points. The midcap FTSE 250 index also edged lower, declining
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