Author name: Thierry

The weak July nonfarm payrolls (reported decline of 23,000 jobs, with downward revisions to prior months, and unemployment at 4.1%) helped lower expectations for near-term Federal Reserve rate hikes and supported risk assets but US stocks futures are mixed in pre-open. Slower nonfarm payroll data and softening jobs figures have reinforced expectations that the Federal

Wall Street futures are trading positive after the S&P 500 reached a new record high. Broad gains are supported by solid corporate earnings (with over 80% of reporting companies exceeding expectations) and optimism around diplomatic talks regarding the Strait of Hormuz. AMD (Advanced Micro Devices) reported record Q2 revenue of $11.5 billion (up 50% year-over-year)

Markets are heading into the session with cautious positioning as investors brace for the Federal Reserve’s interest rate decision and a massive slate of mega-cap tech earnings. The Fed concludes its two-day policy meeting today. Markets are widely pricing in a 71% probability that rates remain unchanged and a 29% chance of a 25-basis-point rate

Markets rallied strongly yesterday driven by a massive surge in tech stocks. The market had been suffering from AI fatigue and valuation anxiety, with investors worried that tech companies were spending billions on artificial intelligence without seeing a return on investment. However, blockbuster earnings and guidance from heavyweights Micron Technology and Qualcomm completely flipped the

Wall Street suffered a steep drop yesterday, with the tech-heavy Nasdaq Composite tumbling 2.21% and the S&P 500 falling 1.44%. Investor anxiety is spiking over high valuations and the staggering capital expenditure big tech companies are pouring into AI infrastructure. Major hardware and memory makers like Micron (down 13.2%) and Qualcomm (down 8%) took massive

The BTI, a sentiment indicator, turned bearish three days after the S&P 500 made a new all-time high. Global markets are reacting heavily to a massive tech-led selloff from Friday and escalating geopolitical tensions over the weekend. Friday saw a severe correction in semiconductor and tech shares, leading to a 4% plunge in the Nasdaq

The S&P 500 closed yesterday at a record high of 7,209, marking its best monthly performance since late 2020. However, futures are showing a slight pause as investors digest a flood of earnings and a pivotal Fed meeting. Alphabet shares surged 10% yesterday to record highs on massive cloud revenue growth. This helped the tech