Wall Street Surges as Dow Jumps More Than 1,500 Points and Oil Prices Slide After US Midterms
NEW YORK — Wall Street posted its strongest session in months on Wednesday, as investors responded to the outcome of the US midterm elections and...
Tag : Nasdaq
Wall Street Slips as Tech Slump Deepens on the Eve of US Midterm Elections
Wall Street ended a choppy start to November lower on Monday, as another slide in technology shares outweighed relief from a sharp drop in oil...
AI Selloff Shadows Global Markets as Chip Stocks Slide From Wall Street to Seoul
Global stock markets began November on edge. A technology selloff that erupted on Wall Street late last week rippled through Asian trading floors on Monday,...
Alphabet’s Worst Day Ever Rattles Tech as Intel and Amazon Slide, and Asian Stocks Tumble
A selloff in technology shares spread from Wall Street to Asia as investors reacted to disappointing earnings from some of the biggest names in tech....
Amazon’s Cloud Growth Hits Five-Year High, but Profit Miss and Spending Plans Hit the Shares
Amazon’s cloud business is growing faster than at any time in nearly five years. Investors, worried about the cost of that growth, were not impressed....
Alphabet Slide Dents Tech Rally as Korean Chip Shares Retreat After Record Run
Technology shares lost momentum in Asia on Thursday after a disappointing earnings report from Alphabet and a pullback in South Korea’s chipmakers cooled a rally...
Microsoft Rewarded, Alphabet Punished as Investors Weigh the Cash Cost of Cloud Growth
Two technology giants reported booming cloud businesses on Wednesday, and investors sent their shares in opposite directions. Microsoft rose, while Alphabet slid by around a...
Global Stocks Climb as Chip Rally Extends Ahead of Fed Decision and Big Tech Earnings
Global equities pushed higher into midweek as a rally in chip stocks spread across continents. That sets a cautiously upbeat tone ahead of two events...
Wall Street Heads Into Fed Week on a Winning Note as Asian Chip Stocks Surge
Global equities are entering one of the busiest weeks of the year with some momentum. The Dow Jones Industrial Average added 146.42 points, or 0.28%,...
Nasdaq Suffers Worst Day Since June as Doubts Over AI Spending Hit Chipmakers
Wall Street’s technology-heavy Nasdaq Composite had its worst session since June on Thursday. A string of company results revived an uncomfortable question: how much will...