S&P 500 futures face critical test at 7,680 support
S&P 500 futures surrendered half of last week's rebound, testing support near 7,680. A break below could open further downside.
Global stock markets: index moves, earnings, analyst targets and the policy and rate backdrop driving them.
S&P 500 futures surrendered half of last week's rebound, testing support near 7,680. A break below could open further downside.
Bloom Energy shares rose about 20% after breaking through key technical levels, with the rally extending past moving averages and Fibonacci retracements.
S&P tests critical hourly moving averages; Nasdaq stays above but draws closer. Lower highs in both indices add to caution.
Goldman Sachs and Morgan Stanley ask rating agencies to treat OpenAI and Anthropic as investment-grade post-IPO.
Jensen Huang cites a 22% rise in H100 rental rates to $3.28/hour as evidence that older Nvidia chips remain productive.
European stock markets opened slightly lower on Wednesday, weighed by rising oil prices, bond yields, and geopolitical tensions.
South Korea's Kospi jumped over 1.9% on chip strength, while Japan's Nikkei barely rose after weathering a yen spike.
South Korean stocks rallied, led by Samsung and SK Hynix, while Wall Street futures declined amid inflation concerns and higher oil prices.
Analysts see Tempus AI benefiting from personalized cancer vaccines, with potential $600M annual sequencing revenue.
Goldman Sachs says India has weathered external shocks, with MSCI India forward P/E at a decade low of 20x and earnings growth forecast at 12%.
Lululemon stock closed at $100.61, down 80% from its 2023 peak, as the company cut sales forecasts and founder Chip Wilson faces divorce without a prenup.
Nvidia CEO Jensen Huang declares artificial general intelligence a reality, citing OpenAI's GPT-6; his firm supplies AI chips.
European stock benchmarks finished the session mixed, with energy shares supported by higher oil and bond yields climbing on rate concerns.
Isar Aerospace's Spectrum reached orbit on second flight, claiming a €10B pipeline. SPCX stock closed at $147.95.
Strong NFP data raised rate hike expectations, sending the S&P 500 lower. Focus now on US CPI.