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Stocks Settle Mostly Higher on Positive Earnings Results
Barchart61d agoneutral
Stocks Settle Mostly Higher on Positive Earnings Results

The S&P 500 Index ($SPX ) (SPY ) on Tuesday closed up +0.21%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed up +1.03%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -0.98%. September E-mini S&P futures (ESU26 ) rose +0.24%, and September E-mini Nasdaq futures...

Bloomberg62d agoneutral
Traders Make Record Rush to Fed Futures as Doubts Shadow Market

(Bloomberg) -- Positions in futures tied to the Federal Reserve’s benchmark interest rate have surged to an all-time high as traders brace for the risk the central bank could start pushing rates higher Wednesday.Most Read from BloombergChip Rout Deepens on Circular Funding, China Competition FearsNvidia’s $750 Billion in Deals Reignite Circular AI FearsApple Set to Make Big Smart Home Push With Siri AI at CenterCitadel Securities Sees Warsh Delivering Surprise Fed HikeASML Slides on Report of Ch

Reuters62d agoneutral
KLA Corp forecasts upbeat quarter on sustained AI investment

KLA Corp forecast first-quarter revenue and profit above Wall Street estimates on Tuesday, betting that continued ‌investment in AI infrastructure would sustain strong demand for ‌its chipmaking tools. Shares of the California-based company, however, fell 8% in extended trading. They have done risen over 57% so far this year.

Investors Rotate Out of Chip Stocks
The Wall Street Journal62d agoneutral
Investors Rotate Out of Chip Stocks

The market has been spooked by concerns of tech giants’ ballooning spending and signs that China may be catching up in the AI arms race. Asian chip stocks plunged, sending South Korea’s Kospi index 10% lower and Japan’s Nikkei down 4%. The worst-hit American names included memory makers Sandisk which fell another 14%, and Micron, which shed 8.9%.

What Royal Caribbean's earnings signal for the cruise industry
Yahoo Finance Video62d agoneutralVIDEO
What Royal Caribbean's earnings signal for the cruise industry

Royal Caribbean Cruises stock (RCL) has caught some wind in its sails on Tuesday, holding onto post-earnings gains ahead of the close after trimming its full-year yield forecast. UBS managing director and leisure analyst Robin Farley examines how Royal Caribbean and Carnival Corporation's (CCL) quarterly results set the stage for Norwegian Cruise Line's (NCLH) own release, as well as how oil prices (CL=F, BZ=F) impact the cruise industry as a whole.