Explore

Reuters Reuters
Asia stock-picking hedge funds set for record monthly loss, Goldman says

Asia stock-picking hedge funds set for record monthly loss, Goldman says

By Summer Zhen HONG KONG, July 30 (Reuters) - Asia-focused equity hedge funds are heading for their biggest monthly drawdown on record, a Goldman Sachs note showed, as a broad AI stock rout wiped out much of the gains from crowded bets in the sector.
Reuters Reuters
Wall Street closes down sharply after Fed holds rates unchanged

Wall Street closes down sharply after Fed holds rates unchanged

By Noel Randewich July 29 (Reuters) - Wall Street ended sharply lower on Wednesday after the Federal Reserve held interest rates steady, with AI-related chip stocks adding to recent declines ahead of quarterly reports from Microsoft and Meta Platforms.
Reuters Reuters
Stocks gain on tech support, US 30-year yield near 2007 high

Stocks gain on tech support, US 30-year yield near 2007 high

By Niket Nishant and Ankur Banerjee July 30 (Reuters) - Global stocks rebounded on Thursday after U.S. inflation data for June matched expectations and Microsoft earnings eased some AI spending worries, while long-term U.S. borrowing costs rose to their highest since 2007 on doubts about the Federal
Reuters Reuters
Stocks drop as Mideast fighting reignites, Fed decision looms

Stocks drop as Mideast fighting reignites, Fed decision looms

By Karen Brettell July 29 (Reuters) - U.S. stocks fell while oil prices and Treasury yields climbed as fighting in the Iran war resumed, just hours ahead of the Federal Reserve's highly anticipated interest rate decision, due later on Wednesday.
Reuters Reuters
Microsoft set for $190 billion market value swing after earnings results, options indicate

Microsoft set for $190 billion market value swing after earnings results, options indicate

By Laura Matthews NEW YORK, July 29 (Reuters) - Options traders expect a roughly $190 billion swing in Microsoft's market value after it reports earnings on Wednesday, an unusually large move that underscores investors' growing eagerness to see if billions of dollars in AI spending are beginning to
Trendline Trendline
Jim Cramer Highlights Wall Street's Shift from AI Stocks to Diverse Growth Opportunities

Jim Cramer Highlights Wall Street's Shift from AI Stocks to Diverse Growth Opportunities

Jim Cramer Highlights Wall Street's Shift from AI Stocks to Diverse Growth Opportunities
Reuters Reuters
S&P 500, Nasdaq set for subdued open ahead of Fed decision; chip stocks wobble

S&P 500, Nasdaq set for subdued open ahead of Fed decision; chip stocks wobble

By Johann M Cherian and Ragini Mathur July 29 (Reuters) - The S&P 500 and the Nasdaq were set for a subdued opening on Wednesday as investors awaited the Federal Reserve's monetary policy verdict against a backdrop of simmering Middle East tensions, while chip stocks struggled ahead of Big Tech
Reuters Reuters
Apple briefly tops $5 trillion market value for first time

Apple briefly tops $5 trillion market value for first time

July 28 (Reuters) - Apple's market capitalization briefly surpassed $5 trillion for the first time on Tuesday, making it only the second company ever to achieve that milestone after Nvidia.  Its shares were last up 0.72% at $339.33, giving it a market capitalization of $4.98 trillion.
TheStreet TheStreet
Morgan Stanley sees a troubling S&P 500 repeat

Morgan Stanley sees a troubling S&P 500 repeat

Investors were betting the S&P 500’s next leg higher would come from a broader rally, with more cyclical and speculative stocks joining the biggest winners. Morgan Stanley sees something else.  Instead of spreading the risk, investors are apparently retreating toward high-quality ...
Reuters Reuters
Hedge fund bets on rising US healthcare stocks near 5-year high, Goldman says

Hedge fund bets on rising US healthcare stocks near 5-year high, Goldman says

By Nell Mackenzie LONDON, July 27 (Reuters) - Hedge fund bets that healthcare stocks will rise neared a five-year high last week, a Goldman Sachs note showed, as cash-rich speculators believe AI-driven breakthroughs and rich financing conditions will prove profitable.
Reuters Reuters
S&P and Nasdaq dip as investors focus on tech earnings

S&P and Nasdaq dip as investors focus on tech earnings

By Sinéad Carew and Noel Randewich July 27 (Reuters) - Wall Street dipped on Monday, as investors worried that stubbornly high oil prices could force the Federal Reserve to raise interest rates, as they also awaited guidance from major technology companies in a busy week for quarterly earnings.
Reuters Reuters
Wall Street ends mixed as investors focus on tech earnings

Wall Street ends mixed as investors focus on tech earnings

By Sinéad Carew and Noel Randewich July 27 (Reuters) - Wall Street ended mixed on Monday, as investors awaited guidance from major technology companies in a busy week for quarterly earnings, while also worrying that stubbornly high oil prices could force the Federal Reserve to raise interest rates.