Market News

Market

Tech Giants' Earnings in Focus: US Futures Hold Steady Amid Anticipation

US stock futures remain flat as investors await earnings from major tech companies like Meta and Microsoft, alongside key economic indicators including GDP estimates and employment...

Market

Oil Prices Tumble Over 1% Amid Growing Fears of a Global Recession

Oil prices fell by more than 1% as recession fears grow, driven by a drop in U.S. consumer confidence and fewer job openings than expected. U.S. oil inventories also rose, raising ...

Market

Supermicro's Stock Plummets 20% Amid Cooling AI Demand and Rising Operational Costs

Super Micro Computer Inc. (SMCI) shares fell sharply after the company lowered its Q3 revenue and earnings forecasts, citing delayed customer orders and higher costs. The stock dro...

Market

US Crude Oil Inventories Experience a Significant Drop: What Does This Mean for the Market?

The Energy Information Administration reports a 2.7 million barrel drop in US commercial crude oil inventories to 440.4 million barrels for the week ending April 25, alongside chan...

Market

Oil Prices Plunge Over 4% Amid Fears of Global Economic Slowdown

Oil prices fell more than 4% due to economic uncertainty from US-China trade tensions and a 0.3% drop in US GDP, raising global demand concerns.

Market

Tech Giants and Economic Indicators Steal the Spotlight as US Futures Hold Steady

US stock futures remain steady as investors await earnings from major tech and industrial companies, alongside crucial economic indicators. Key reports include Meta Platforms, Micr...

Market

Oil Prices Plummet Over 1% Amid Growing Recession Fears and Rising US Inventories

Oil prices dropped over 1% due to recession fears and a rise in US oil inventories. WTI and Brent crude both saw declines, with investor sentiment shaken by falling US consumer con...

Market

Trump's Promise of a Fair China Deal Sends Gold Prices Tumbling Over 1%

Gold prices dropped over 1% following President Trump's comments on achieving a fair trade deal with China, easing investor concerns and reducing demand for safe-haven assets. Silv...