Nvidia shares rise as Alphabet boosts AI investments for 2025
Nvidia stock climbed 4% as Alphabet’s $75B capex plan reassured investors that AI spending remains strong despite concerns over China’s DeepSeek AI model....
Tag : stock market
H&M shares fall as fourth-quarter sales miss forecasts despite profit gains
H&M shares dropped after missing Q4 sales estimates, though profit improved. CEO Daniel Ervér remains optimistic, citing early signs of recovery in the new fiscal...
Magnificent Seven tech giants dominate market in historic rise
U.S. markets soar with record gains in 2024, driven by Federal Reserve cuts, tech dominance, and robust earnings, but risks loom as Trump’s policies and...
Dow jumps 351 points as chip stocks rally following Foxconn revenue report
U.S. stocks rallied Monday, with the Dow up 351 points and Nasdaq gaining 1.8% as chipmakers surged following Foxconn’s record revenue. Investors await economic data...
Modon and ADNOC Gas register AED2.66 billion in ADX trades
The Abu Dhabi Securities Exchange logged 15 large direct deals involving shares of ADNOC Gas and Modon Holding, totaling AED 2.66 billion in transactions across...
Fed slashes rates by 50 basis points as inflation cools
The Federal Reserve cut rates by half a percentage point Wednesday, its first move since the Covid pandemic, in an effort to stabilize inflation and...
Dow rises 300 points amid economic optimism
Stock markets rebound as Dow and S&P 500 climb, driven by robust retail sales and promising labor data, signaling a decrease in recession fears and...
Starbucks stocks surge 24% as Chipotle’s Brian Niccol named new CEO
Starbucks' shares soar 24% as Chipotle's Brian Niccol is announced as the new CEO, marking a significant leadership transition....
Dow climbs 300 points as inflation data buoys market sentiment
Positive inflation data drives a 317-point surge in the Dow, hinting at a stabilizing economic environment....
U.S. stocks rally after positive unemployment report
Wall Street surged on Thursday following encouraging unemployment data, signaling renewed investor confidence....