Market News
Latest financial news from across the markets
Daily Market Overview
The stock market faced pressure as oil prices surged past $100 a barrel, driven by escalating tensions in the Middle East, particularly related to Houthi attacks on shipping routes. Major tech stocks like Tesla and Alphabet struggled, with Tesla missing earnings expectations despite revenue growth, leading to price target cuts from analysts. In contrast, Intel saw an 11% jump in its stock, benefiting from the ongoing AI boom. Meanwhile, the Federal Reserve's potential rate hike odds increased amid rising inflation concerns linked to higher energy prices.
Latest Market Updates
| Title | Published |
|---|---|
Trump to slap 'sweeping' new tariffs on 60 trade partners as global duties expire Trump to slap 'sweeping' new tariffs on 60 trade partners as global duties expire | less than a minute ago |
Oracle signs 10-year software contract with Pentagon worth up to $7 billion Oracle signs 10-year software contract with Pentagon worth up to $7 billion | less than a minute ago |
DOJ withdraws subpoenas to NY Times reporters in Trump plane probe DOJ withdraws subpoenas to NY Times reporters in Trump plane probe | less than a minute ago |
IBM's Krishna argues that AI won't disrupt company's software unit IBM's Krishna argues that AI won't disrupt company's software unit | less than a minute ago |
Intel stock jumps as chipmaker rides AI boom to fastest growth in almost 15 years Intel stock jumps as chipmaker rides AI boom to fastest growth in almost 15 years | 24 minutes ago |
Stock futures are little changed as traders look to recover from oil-driven sell-off Stock futures are little changed as traders look to recover from oil-driven sell-off | 29 minutes ago |
Stocks making the biggest moves after hours: Intel, AMD, Boston Beer, Deckers Stocks making the biggest moves after hours: Intel, AMD, Boston Beer, Deckers | about 2 hours ago |
Trump to slap 'sweeping' new tariffs on 60 trade partners as global duties expire
Trump to slap 'sweeping' new tariffs on 60 trade partners as global duties expire
Oracle signs 10-year software contract with Pentagon worth up to $7 billion
Oracle signs 10-year software contract with Pentagon worth up to $7 billion
DOJ withdraws subpoenas to NY Times reporters in Trump plane probe
DOJ withdraws subpoenas to NY Times reporters in Trump plane probe
IBM's Krishna argues that AI won't disrupt company's software unit
IBM's Krishna argues that AI won't disrupt company's software unit
Intel stock jumps as chipmaker rides AI boom to fastest growth in almost 15 years
Intel stock jumps as chipmaker rides AI boom to fastest growth in almost 15 years
Stock futures are little changed as traders look to recover from oil-driven sell-off
Stock futures are little changed as traders look to recover from oil-driven sell-off
Stocks making the biggest moves after hours: Intel, AMD, Boston Beer, Deckers
Stocks making the biggest moves after hours: Intel, AMD, Boston Beer, Deckers