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

Super Micro Computer Inc. faces a nearly 20% stock drop after lowering its Q3 revenue and earnings forecasts, citing delayed orders and higher costs.

Market

Dow Jones Plummets Over 650 Points as US Economy Shows Signs of Contraction in Q1 2025

The Dow Jones Industrial Average experienced a significant drop of 650 points amid concerns over the U.S. economy's contraction in Q1 2025 and underwhelming private payroll data. T...

Market

European Markets Hold Steady: Key Earnings and GDP Data in Focus

European equities traded mostly flat in Wednesday's premarket amid new earnings reports and economic data, including GDP figures and inflation rates, with slight movements in stock...

Market

European Markets Open Higher: Key Earnings and Economic Data Drive Investor Sentiment

European stocks opened higher as traders analyzed earnings from major companies and awaited key economic data. The DAX and Euro Stoxx 50 saw modest gains, with Deutsche Post and So...

Market

Tech Giants in Focus: US Stock Futures Hold Steady Ahead of Major Earnings Reports

US stock futures remained steady as investors awaited earnings reports from major tech and industrial companies, alongside key economic indicators that could influence market senti...

Market

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

Oil prices dropped by over 1% as recession fears grow, influenced by falling US consumer confidence and unexpected job openings decline. US oil inventories rose by 3.76 million bar...

Market

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

Gold prices dropped over 1% after President Trump hinted at a 'fair deal' with China, easing investor worries and shifting focus away from safe-haven assets. Other precious metals ...

Market

Tech Earnings Anxiety: US Futures Dip as Investors Eye Major Reports and Economic Signals

US stock futures turned to losses as investors awaited earnings from major tech companies and key economic reports, with the Nasdaq 100 and S&P 500 declining while the Dow remained...