Traders work on the floor of the New York Stock Exchange (NYSE) in New York City. Spencer Platt | Getty ImagesStock futures were roughly flat on Monday evening as investors continued to monitor the conflict between Israel and Iran.Futures tied to the Dow Jones Industrial Average added 26 points, or 0.06%. S&P 500 futures inched up 0.03%, while Nasdaq 100 futures lost 0.02%.The three major averages ended Monday’s regular trading on a positive note, with the 30-stock Dow adding more than 300 points. The S&P 500 posted a roughly 0.9% advance, while the Nasdaq Composite jumped 1.5%.Investor sentiment was aided by…
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U.S. President Donald Trump holds a folder with a document next to British Prime Minister Keir Starmer as they speak to the media during the G7 summit in Kananaskis, Alberta, Canada, June 16, 2025. Kevin Lamarque | ReutersPresident Donald Trump and British Prime Minister Keir Starmer on Monday said they had finalized a trade deal reached between the two allies last month.Trump, standing alongside Starmer at the Group of Seven summit in Canada, said the relationship with Britain was “just fantastic,” as he waved, and briefly dropped, a document which he said he had just signed.”We signed it and it’s…
Apple is underperforming the rest of the “Magnificent 7,” but the technicals show it is at an inflection point, said Jessica Inskip, director of investor research at StockBrokers.com. Apple was one of three names Inskip discussed during the ” Three Stock Lunch ” segment on CNBC’s ” Power Lunch ” Monday. Apple Shares of the tech giant, which are down more than 20% year to date, have the potential to move higher, according to the charts, Inskip said. “There is a very, very strong resistance support zone where we’re in right now — thus the inflection point, which is around…
U.S. Senate Majority Leader John Thune (R-SD) speaks at a press conference following the U.S. Senate Republicans’ weekly policy luncheon on Capitol Hill in Washington, D.C., U.S., June 10, 2025. Kent Nishimura | ReutersAs Senate Republicans release key details of President Donald Trump’s spending package, some provisions, including the federal deduction for state and local taxes, known as SALT, remain in limbo.Enacted via the Tax Cuts and Jobs Act, or TCJA, of 2017, there’s currently a $10,000 limit on the SALT deduction through 2025. Before 2018, the tax break — including state and local income and property taxes — was unlimited for filers…
Investors looking to play defense may want to consider buying certain dividend stocks, according to Trivariate Research founder Adam Parker. Markets have been rocked by volatility this year. On Monday, the Dow Jones Industrial Average , S & P 500 and Nasdaq Composite all moved higher , after selling off on Friday amid concerns over Israel’s airstrikes on Iran. While recent interactions with institutional investors signal that many think the S & P will continue to move higher, Parker and his team are also regularly asked about attractive defensive stocks, he said in a June 8 note. With the “old…
In this photo illustration, the OpenAI logo is displayed on a mobile phone screen with a photo of Sam Altman, CEO of OpenAI.Didem Mente | Anadolu | Getty ImagesThe pace of artificial intelligence innovation is raising the stakes for companies like OpenAI to snatch up top talent, according to new recruiting head Joaquin Quiñonero Candela.”Recruiting has never been more important,” Candela wrote in a LinkedIn post on Monday, announcing his new role. “We’re under unprecedented pressure to grow. If we were a rocket (wait, we’re one), we’d be at MaxQ, maximum dynamic pressure. We’re also in uncharted waters.”Candela, who previously…
Thomas Kurian, CEO of Google Cloud, speaks at a cloud-computing conference held by the company in 2019.Michael Short | Bloomberg | Getty ImagesGoogle apologized for a major outage that the company said was caused by multiple layers of flawed recent updates.The company released an incident report late on Friday that explained hours of downtime on Thursday. More than 70 Google cloud services stopped working properly across the globe, knocking down or disrupting dozens of third-party services, including Cloudflare, OpenAI and Shopify. Gmail, Google Calendar, Google Drive, Google Meet and other first-party products also malfunctioned.”We deeply apologize for the impact this…
Geopolitical tensions have resulted in a spike in crude oil prices that has market participants on edge. The rally has yet to reverse cyclical downtrends in crude oil prices and energy sector benchmarks, but reversals are made more likely in the coming weeks by a meaningful shift in momentum. The generic WTI crude oil futures chart shows a confirmed a weekly MACD ‘buy’ signal, indicating that intermediate-term momentum has seen a significant upward shift. At the same time, overbought conditions are not yet in place per the weekly stochastic oscillator, suggesting that the rally in WTI crude oil prices may…
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailOn today’s episode of CNBC Crypto World, bitcoin and ether rebound after last week’s pullback. Plus, Tron founder Justin Sun prepares to take his company public in the U.S. through a reverse merger. And, Caroline Pham, commissioner at the CFTC discusses what should be next for the regulator as she prepares to step down from the agency. Source link
AMD CEO Lisa Su unveils the AMD vision for Advancing Al.Courtesy: AMDShares of Advanced Micro Devices rose nearly 10% on Monday after analysts at Piper Sandler lifted their price target on the stock on optimism about the chipmaker’s latest product announcement.The analysts said they see a snapback for AMD’s graphics processing units, or GPUs, in the fourth quarter. That’s when they expect the chipmaker to be through the bulk of the $800 million in charges that AMD said it would incur as a result of a new U.S. license requirement that applies to exports of semiconductors to China and other…
