After President Trump dominated the market narrative in his first week in office, a Fed meeting, a check on the health of the US economy big tech earnings will also be in focus for investors in the week ahead,
Apple currently receives in excess to $20 billion annually from Alphabet in a deal that makes Google the default search engine on the Safari web browser. These payments show up in Apple's services segment, and they're essentially pure profit.
Global technology stocks regained some ground on Tuesday a day after a low-cost Chinese AI model rattled markets, while traders rotated back into the dollar from safe-haven currencies.
The Federal Reserve is expected to keep interest rates on hold on Wednesday. Plus, earnings reports from Apple, General Motors, Starbucks, Microsoft, Tesla, and Exxon Mobil.
The S&P 500 and the Nasdaq were set for a slightly higher open on Tuesday, as AI-linked shares recouped some of the previous session's sharp losses and a mixed bag of corporate earnings fueled volatility.
Apple stock decreased as Vivo and Huawei overtook it as China’s top smartphone seller in 2024. Intel rose by over 8% in January due to
Federal Reserve interest rate decision, Jerome Powell comments, PCE inflation, U.S. GDP, and earnings from Tesla, Meta, Microsoft, Apple and more.
Dow Jones Industrial Average rises 136.77 points, or 0.31 per cent, to 44,850.35. Read more at straitstimes.com.
Eastern time, the S&P 500 was 0.3 per cent higher. The Dow Jones Industrial Average was up 0.3 per cent and the Nasdaq Composite was 0.8 per cent higher
U.S. stocks ended higher on Tuesday, with Nvidia and other artificial intelligence-linked technology shares recovering from sharp losses the previous day as investors snapped up bargains. The Nasdaq led gains and AI chip leader Nvidia gave the index its biggest boost,
The S&P 500 experienced volatility on Tuesday as tech giants like Apple helped limit declines. Mixed corporate earnings and AI-driven market events contributed to market fluctuations. General Motors' shares slid despite promising forecasts,
Rebounding tech stocks drove U.S. indexes higher a day after they tumbled on doubts about the artificial intelligence frenzy.