Stocks dropped on Monday, with the benchmark S&P 500 at a two-month low as bond yields surged after robust payroll numbers last week.
Read More S&P 500, Nasdaq fall as investors scale back bets on Fed rate cuts in 2025
Tag: technology stocks
Dow Surges 400 Points as Wall Street Cheers Powell’s Fed Rate Cut Announcement
Wall Street’s stock indexes increased substantially on Friday, with the S&P 500 index climbing towards a record high, after Federal Reserve Chair Jerome Powell said “the time has come” to reduce interest rates.
Read More Dow Surges 400 Points as Wall Street Cheers Powell’s Fed Rate Cut Announcement
Wall St mixed as tech stocks attempt recovery, financials drag
Wall Street’s main indexes were mixed on Wednesday, with technology stocks attempting to find a floor after recent selloff.
Read More Wall St mixed as tech stocks attempt recovery, financials drag
Microsoft’s AI lead puts Amazon cloud dominance on watch
Upcoming quarterly reports from U.S. tech giants may show Microsoft is closing the gap on cloud-computing market leader Amazon.com.
Read More Microsoft’s AI lead puts Amazon cloud dominance on watch
Reddit set for hotly anticipated debut after pricing IPO at top of range
Social media platform Reddit geared up for its high-profile market debut on the New York Stock Exchange.
Read More Reddit set for hotly anticipated debut after pricing IPO at top of rangeAlphabet soars as Wall Street cheers arrival of AI model Gemini
Alphabet shares ended 5.3% higher on Thursday as Wall Street cheered the launch of Gemini.
Read More Alphabet soars as Wall Street cheers arrival of AI model Gemini