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Reuters Reuters
Wall St falls ahead of Fed verdict, megacap earnings

Wall St falls ahead of Fed verdict, megacap earnings

By Johann M Cherian and Ragini Mathur July 29 (Reuters) - Wall Street's main indexes dropped on Wednesday as investors awaited the Federal Reserve's monetary policy verdict against the backdrop of an 8% jump in oil prices, while chip stocks remained under pressure ahead of Big Tech earnings.
Reuters Reuters
S&P 500, Nasdaq futures inch up before Fed decision; chip stocks wobble

S&P 500, Nasdaq futures inch up before Fed decision; chip stocks wobble

July 29 (Reuters) - S&P 500 and Nasdaq futures inched higher 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 earnings later this week.
TheStreet TheStreet
Cathie Wood buys $14.3 million of tumbling semiconductor stock

Cathie Wood buys $14.3 million of tumbling semiconductor stock

Cathie Wood, chief of Ark Investment Management, often buys her highest-conviction stocks during sharp pullbacks.  That's exactly what she's doing with Nvidia (NVDA), adding more shares after the semiconductor giant fell more than 6% over the past five trading days. In 2025, the flagship Ark ...
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AI Stock Sell-Off Drives South Korean Market to Three-Month Low

AI Stock Sell-Off Drives South Korean Market to Three-Month Low

AI Stock Sell-Off Drives South Korean Market to Three-Month Low
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Direxion Daily Semiconductor Bull 3X ETF Faces Continued Decline

Direxion Daily Semiconductor Bull 3X ETF Faces Continued Decline

Direxion Daily Semiconductor Bull 3X ETF Faces Continued Decline
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Nasdaq Futures Decline Amid Concerns Over AI Chip Spending

Nasdaq Futures Decline Amid Concerns Over AI Chip Spending

Nasdaq Futures Decline Amid Concerns Over AI Chip Spending
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Nasdaq Futures Drop Amid AI Spending Concerns and Fed Meeting

Nasdaq Futures Drop Amid AI Spending Concerns and Fed Meeting

Nasdaq Futures Drop Amid AI Spending Concerns and Fed Meeting
TheStreet TheStreet
Wedbush raises the bar for two AI storage stocks

Wedbush raises the bar for two AI storage stocks

Wedbush lifts targets on Seagate and Western Digital as earnings put AI storage pricing and margins in focus.
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Nasdaq-100 Enters Correction Amid Global Chip Stock Sell-Off

Nasdaq-100 Enters Correction Amid Global Chip Stock Sell-Off

Nasdaq-100 Enters Correction Amid Global Chip Stock Sell-Off
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Nasdaq Declines Amid AI Bubble Concerns and Chinese Competition

Nasdaq Declines Amid AI Bubble Concerns and Chinese Competition

Nasdaq Declines Amid AI Bubble Concerns and Chinese Competition
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Michael Burry Increases Short Positions Against Major Chip Stocks Amid Market Concerns

Michael Burry Increases Short Positions Against Major Chip Stocks Amid Market Concerns

Michael Burry Increases Short Positions Against Major Chip Stocks Amid Market Concerns
Reuters Reuters
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.