WALL STREET
Wall Street Week Ahead: Jobs report, Broadcom results pose next hurdles for stock market rally
In the coming week, the U.S. jobs data will be a focal point for investors, potentially impacting the Federal Reserve's interest rate strategies. Broadcom's quarterly results are anticipated right after Nvidia's stellar performance. The sustained rise in corporate profits is driving a bullish phase in U.S. equities, with optimism fueled by robust activities in the manufacturing and services sectors.
US stocks today: US stocks end lower as Warsh keeps inflation fight front and centre
US stocks ended lower as Fed Chair Kevin Warsh reaffirmed the central bank’s focus on bringing inflation to 2%, raising expectations for a possible September rate hike. The Dow, S&P 500 and Nasdaq fell, while Nvidia and other tech stocks weakened. Investors also assessed mixed corporate earnings and economic data.
US stocks today: US stocks edge higher as Warsh keeps inflation focus in spotlight
Wall Street edged higher as Fed Chair Kevin Warsh kept inflation and the central bank's 2% target in focus, prompting traders to raise bets on a September rate hike. Chip stocks retreated after Nvidia's AI-fueled rally, while PayPal tumbled and Gap surged following company-specific developments.
West Bengal CM Suvendu Adhikari targets 'Azadi' slogans, questions 'Red Salute Kishanji' writing on JU wall
West Bengal Chief Minister Suvendu Adhikari criticized slogans demanding Azadi in Kolkata. He questioned the writing of 'Red Salute Kishanji' on Jadavpur University walls. Adhikari stated that such slogans and references are anti-national and weaken the country. He also raised objections to opposition towards the complete rendition of 'Vande Mataram'. The Chief Minister urged for the removal of internal threats on Raksha Bandhan.
Has the S&P 500 really doubled since 2023? Chris Wood says it is down 21% in gold terms
Jefferies’ Christopher Wood highlights a sharp divergence in market returns: while the S&P 500 has doubled in dollar terms since early 2023, it has fallen 21% relative to gold. He warns that efforts to suppress US bond yields could weaken the dollar, boosting alternative assets such as gold and Bitcoin.
HCLTech, TCS, Infosys, other IT stocks rally up to 5%. What lies ahead?
Indian IT stocks surged sharply, led by gains in largecap names, after Nvidia’s strong results and upbeat revenue outlook revived optimism around the global AI spending cycle. The rally came despite lingering concerns over AI disruption and mixed brokerage views on the sector.
- Go To Page 1
Global Market: Japan’s Nikkei rises as tech stocks gain, Fed signals cap rally
Japan’s Nikkei rose 0.8% and Topix gained 0.9%, led by technology and chip stocks. Gains were supported by Wall Street’s semiconductor rally, while inflation concerns, higher oil prices and rising bond yields limited broader advances. Investors also awaited Fed Chair Kevin Warsh’s Jackson Hole speech for clues on US interest rates.
Oil Price Today (August 28): Crude oil falls over 5% this week despite Trump rejecting terms of Iran deal. What are experts saying?
Brent crude futures fell 50 cents, or 0.6%, to $89 a barrel, while West Texas Intermediate crude futures declined 42 cents, or 0.50%, to $83. Brent was on track to lose 5.3% for the week, while WTI was set to fall 4.3%.
US stocks today: Nasdaq, S&P 500 rise as Nvidia revives AI rally; Fed outlook in focus
Nvidia's strong revenue forecast revived the AI trade and lifted the Nasdaq and S&P 500, but Wall Street's focus is quickly shifting to Fed Chair Kevin Warsh's Jackson Hole speech. Fresh inflation data and a resilient labour market have complicated the interest rate outlook, leaving investors weighing AI optimism against monetary policy risks.
Nvidia’s 70% sales growth forecast sends a message to AI doubters. What did CEO Jensen Huang say?
Nvidia has forecast a 70% jump in revenue for fiscal 2028, signalling that strong AI computing demand remains intact despite memory supply constraints. The upbeat outlook, which is well above Wall Street’s 44% growth estimate, highlights broadening demand from hyperscalers, AI labs, startups and enterprises. Nvidia’s quarterly revenue also more than doubled, reinforcing investor confidence in the AI spending boom.
Nvidia rises after signaling longer AI spending runway
The world's most valuable company projected 70% revenue growth next fiscal year and forecast current-quarter sales above Wall Street estimates, signaling that the AI spending boom remains intact.
These 19 Indian stocks turned into tenbaggers in 5 years: Peter Lynch’s rules to find the next
Over the last five years, various Indian stocks have reached extraordinary tenbagger returns, including remarkable surges in GE Vernova T&D and BSE shares, which soared by over two thousand percent. Other notable firms like Apar Industries and Zen Technologies also reported impressive growth. Noted investor Peter Lynch suggests that understanding your investments and maintaining them for the long haul can yield fruitful results.
Nvidia shares rally 5% after stellar Q2; revenue guidance for 2028 tops analyst estimates
Nvidia shares jumped 5% in extended trading on Wednesday after the chipmaker reported stellar Q2 results and forecast 70% revenue growth for FY28. The guidance topped analyst expectations, while strong AI demand continued to drive optimism despite memory shortages and margin pressures.
US stocks today: US stocks end near flat as hot inflation data clouds Fed rate outlook
Wall Street ended nearly flat as hotter-than-expected US inflation complicated the Federal Reserve’s interest-rate outlook. Investors turned cautious while resilient economic growth offered some support. Markets are also watching Fed Chair Kevin Warsh’s Jackson Hole speech for clues on September’s interest-rate decision and policy direction.
HP forecasts strong fourth-quarter profit on price hikes, US tariff refunds
HP forecast fourth-quarter profit above Wall Street estimates, helped by expected tariff refunds and higher prices for premium and AI-powered PCs. The company also raised its full-year adjusted earnings forecast. Strong demand for AI PCs lifted third-quarter revenue, while rising memory chip costs remained a key challenge for the laptop maker.
US stocks today: US stocks subdued as hot inflation lifts rate hike bets ahead of Nvidia results
US stocks traded flat as investors awaited Nvidia's earnings and assessed hotter-than-expected inflation data. July inflation rose 3.7%, lifting bets on a September Fed rate hike. The Dow slipped 0.04%, while the S&P 500 edged up 0.03% and Nasdaq fell 0.06%, keeping markets cautious.
Global Market: Mexico’s ‘Super Peso’ rally puts exporters under pressure
Mexico’s peso has emerged as one of the strongest-performing emerging-market currencies in 2026, strengthening past 17 per dollar despite weak growth and US trade tensions. The “super peso” is helping curb import costs and inflation but is hurting exporters, especially firms reliant on US revenues.
Zoom forecasts quarterly profit below estimates
Zoom has been rolling out AI tools, including an AI Companion assistant, a meeting receptionist assistant and its suite of enterprise-focused AI features under "Zoom AI Services" to attract more customers.
Five things to know about Anthropic ahead of Wall Street debut
Anthropic, the OpenAI rival that bet everything on computer coding, is expected to go public within weeks in a listing that could eclipse SpaceX's record Wall Street debut in June. - Stomaching the losses - According to Bloomberg, Anthropic intends to surpass the record $86.2 billion that Elon Musk's SpaceX raised in its June IPO. SpaceX, which absorbed Musk's AI startup xAI before going public, made its listing a partial AI bet, too.
US stocks today: US stocks close higher on tech rebound as Nvidia earnings gain focus
US stocks closed higher as technology and semiconductor shares recovered ahead of Nvidia's earnings. Lower oil prices and Treasury yields offered relief, while investors assessed AI spending and stretched valuations. Weak consumer confidence added to economic concerns, with upcoming PCE inflation data and Fed commentary keeping rate expectations in focus.
Anthropic expected to tell investors it sees over $30 trillion in potential revenue, WSJ reports
Anthropic plans to pitch investors on a colossal total addressable market (TAM) exceeding $30 trillion for its upcoming IPO, surpassing SpaceX's previous $28.5 trillion record. By mapping out all work AI models could automate, Anthropic aims to justify its massive infrastructure spending, support its projected $200 billion 2028 revenue target, and validate its upcoming stock listing.
US Markets Today: US stocks rebound on tech recovery ahead of Nvidia earnings, inflation data
US stocks rose on Tuesday as technology shares rebounded ahead of Nvidia’s quarterly results and key US inflation data. The Nasdaq led gains, while chipmakers Intel, Micron and AMD advanced. Investors also tracked Treasury yields, Iran tensions and Federal Reserve policy ahead of the PCE inflation report and Jackson Hole speech.
US stocks today: US stocks slip as Iran tensions test rally in a high-stakes week for markets
Wall Street started the week under pressure as Iran tensions, rising Treasury yields and Nvidia earnings weighed on sentiment. The S&P 500 and Nasdaq fell, while the Dow gained. Investors are also watching Jackson Hole, Fed signals and the PCE inflation report for clues on interest rates and market direction.
Quote of the day by Tom Russo: "Sadly, on Wall Street, rewards for acting with self-interest and to disadvantage public shareholders often prove to be too tempting"
Investor Tom Russo warns that self-serving incentives can sometimes outweigh shareholder interests. His observation highlights the importance of strong corporate governance, transparent executive rewards, accountability and oversight, urging investors to assess management quality and incentive structures alongside financial performance.
America in focus: Fed officials eye higher rates; unemployment claims fall
Federal Reserve officials consider higher interest rates if inflation persists. Mortgage rates have eased slightly but remain higher than last year. US unemployment claims declined, indicating continued job security for most. Stock markets saw gains after a volatile week of trading. Bond market yields stabilized somewhat, contributing to calmer financial conditions.
US stocks: US market rebounds, but yield surge sets stage for weekly losses
Major Wall Street indexes opened higher on Friday after significant declines. The Dow Jones Industrial Average saw a slight increase at the opening. The S&P 500 also experienced a rise in its opening figures. The Nasdaq Composite index registered a notable gain at the opening bell. Markets are still set to finish the week with losses.
Global Market Today: Asian stocks follow Wall Street lower, dollar slips
Asian bonds and equities faced a downturn, reflecting the declines witnessed on Wall Street. An uptick in US Treasury yields dampened investor enthusiasm surrounding debt repurchases. Meanwhile, the yen held steady, suggesting that inflation trends could lead to a rate increase by the Bank of Japan. Bitcoin soared past seventy thousand dollars following discussions with crypto leaders, while technology stocks gained attention due to Samsung's announcement of shareholder return strategies.
In 1964, a mysterious 27-year-old woman bought abandoned 18-acre island off the coast of Maine & lived there alone; 22 years later, she donated it for a wildlife sanctuary
Witch Island off the coast of Maine has a fascinating history of private ownership and clairvoyance. Once known as Davis Island, it later became associated with Anna Chittenden, the woman known as the "Witch of Wall Street". Jane Sewall purchased the island in 1964 and lived there in solitude for many years. She later donated the property to ensure its protection as a wildlife sanctuary. The island is now a protected preserve managed by a conservation trust.
Load More
