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Global equity fund inflows surge to three week highs

Global equity fund inflows surge to three week highs

July 31 (Reuters) - Global equity fund inflows rose to their highest in three weeks during the week to July 29, as investors snapped up technology sector funds during a market downturn, anticipating that the AI-driven advance has further to go.

Wall St advances as Microsoft results ease AI spending fears

Wall St advances as Microsoft results ease AI spending fears

By Shashwat Chauhan and Ragini Mathur July 30 (Reuters) - U.S. stocks gained on Thursday as Microsoft's stellar forecasts soothed concerns about massive AI spending by companies, while investors also parsed fresh GDP and inflation data a day after the Federal Reserve's rate decision.

Wall Street ends sharply higher, lifted by soaring Microsoft

Wall Street ends sharply higher, lifted by soaring Microsoft

By Noel Randewich July 30 (Reuters) - Wall Street ended sharply higher on Thursday, with chip stocks jumping and Microsoft soaring after the technology giant gave a stellar forecast that eased fears about massive spending on AI infrastructure.

US stock futures rise as Microsoft offsets Fed concerns

US stock futures rise as Microsoft offsets Fed concerns

By Sruthi Shankar and Ragini Mathur July 30 (Reuters) - U.S. stock index futures rose on Thursday after a sharp selloff driven by uncertainty around the Federal Reserve's policy outlook, while Microsoft's forecast-beating results soothed investor concerns about massive AI spending by companies.

Wall Street jumps as Microsoft sees biggest leap since 2008

Wall Street jumps as Microsoft sees biggest leap since 2008

By Noel Randewich July 30 (Reuters) - Wall Street rallied on Thursday, with chip stocks soaring and Microsoft on track for its biggest daily percentage gain in 18 years after the technology giant gave a stellar forecast that eased fears about massive spending on AI infrastructure.

US stock futures steady as Microsoft offsets Fed concerns

US stock futures steady as Microsoft offsets Fed concerns

July 30 (Reuters) - U.S. stock index futures steadied on Thursday after a sharp selloff driven by uncertainty around the Federal Reserve's policy outlook, while Microsoft's forecast-beating results soothed investor concerns about massive AI spending by companies.

Wall St set for higher open as Microsoft's results temper some AI jitters

Wall St set for higher open as Microsoft's results temper some AI jitters

By Sruthi Shankar and Ragini Mathur July 30 (Reuters) - U.S. stocks were set for a higher open on Thursday, as investors assessed a slew of economic data including an inflation reading, while Microsoft's forecast-beating results soothed investor concerns about massive AI spending by companies.

Amazon beats cloud sales growth estimates; shares jump

Amazon beats cloud sales growth estimates; shares jump

By Deborah Mary Sophia and Greg Bensinger July 30 (Reuters) - Amazon.com beat market expectations for quarterly cloud sales growth on Thursday, calming prior fears among investors over hefty planned outlays for artificial intelligence development.

Nasdaq set for lower open as AI worries mount ahead of pivotal earnings

Nasdaq set for lower open as AI worries mount ahead of pivotal earnings

By Johann M Cherian and Ragini Mathur July 28 (Reuters) - The Nasdaq was set to open lower on Tuesday, mirroring a cautious mood across global markets toward AI chip stocks on concerns about hefty corporate spending and rising Chinese competition, ahead of earnings from some of the biggest companies

Nasdaq futures slide as AI worries mount ahead of pivotal earnings

Nasdaq futures slide as AI worries mount ahead of pivotal earnings

By Johann M Cherian and Ragini Mathur July 28 (Reuters) - Nasdaq futures fell on Tuesday, mirroring a cautious mood across global markets toward AI chip stocks on concerns about hefty corporate spending and rising Chinese competition, ahead of earnings from some of the biggest companies on Wall

S&P 500 inches higher in choppy trading as investors await pivotal earnings

S&P 500 inches higher in choppy trading as investors await pivotal earnings

By Johann M Cherian and Ragini Mathur July 28 (Reuters) - The benchmark S&P 500 edged higher in a choppy session on Tuesday, as gains in other sectors offset a decline in chip stocks ahead of key earnings reports from some of Wall Street's "Magnificent Seven" companies.

Nasdaq falls as AI worries mount ahead of pivotal earnings

Nasdaq falls as AI worries mount ahead of pivotal earnings

By Johann M Cherian and Ragini Mathur July 28 (Reuters) - The Nasdaq fell on Tuesday, mirroring a cautious mood across global markets toward AI chip stocks on concerns about hefty corporate spending and rising Chinese competition, ahead of earnings from some of the biggest companies on Wall Street.