US stocks struggled on Thursday with the Nasdaq and S&P 500 falling amid concerns over AI investment returns and disappointing tech earnings, while the Dow Jones saw a modest gain; traders are now anticipating Federal Reserve rate cuts based on recent economic data.
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Stellantis Stock – Stellantis Falls Short of Expectations with Decline in H1 Revenue and Operating Income
Stellantis reported a 40% drop in operating profit and negative free cash flow in the first half of 2024 due to operational issues, particularly in North America, and substantial outflows from the Grayscale Ethereum Trust, while analysts have mixed predictions for the company's future performance.
HUL Share Price – HUL Shares Drop 3% Despite Solid Q1 Earnings – Is Now the Time to Buy?
Hindustan Unilever's share price dropped over 2% despite a 3% increase in net profit to ₹2,538 crore for the quarter ending June 30, 2024, matching Street estimates of ₹2,541 crore.
FTSE 100 Index Drops Due to Weakness in Mining and Automobile Stocks
FTSE 100 down 0.3%, FTSE 250 up 0.1%
Dow Jones Today – S&P 500 and Nasdaq Surge on July 22, Fueled by Nvidia and Tesla
On July 22, major stock indexes surged, led by strong performances from Nvidia and Tesla, while political developments and upcoming economic data drew investor attention.
Stock Market Update: U.S. Futures Rise as Biden Withdraws from Presidential Race: Market Update for July 22, 2024
U.S. futures rose on July 22, 2024, following President Biden's withdrawal from the presidential race and endorsement of Vice President Kamala Harris, amid upcoming key economic data and earnings reports.
Microsoft Outage Today – Microsoft IT Outage Update: Full Recovery from CloudStrike Failure May Take Weeks, Flights Still Delayed
Microsoft IT outage caused by a faulty software update has led to widespread disruptions, including over 5,000 flight cancellations and significant impacts on various industries, with full recovery expected to take weeks.
Serv stock- Nvidia’s major stake lifts another AI stock skyward
Shares of Serve Robotics soared on Friday after Nvidia announced a 10% stake in the delivery tech firm.
Stock News – Dow and S&P 500 Tumble in Thursday Sell-Off, Dow Slides Over 500 Points
Stocks fell sharply on Thursday, with the Dow Jones down over 500 points and the S&P 500 and Nasdaq also closing lower, as investors took profits from recent tech stock gains and adjusted positions amid broader market volatility.
London stock exchange- Trading disrupted as LSEG’s workspace platform faces widespread outage
LSEG's Workspace platform experienced a widespread outage on Friday, disrupting trading activities and impacting financial markets globally.