Dow jumps 790 points as S&P 500 hits record on earnings boost
US stocks rallied on Thursday, with the Dow Jones Industrial Average surging nearly 800 points and the S&P 500 and Nasdaq both reaching fresh all-time highs, as strong corporate earnings helped investors look past geopolitical tensions in the Middle East. The
Apple shares dip after earnings despite strong iPhone sales growth
Shares of Apple Inc. edged lower in after-hours trading on Thursday, slipping 0.48% despite the company delivering better-than-expected fiscal second-quarter results, as investors weighed strong product demand against ongoing supply constraints. The company posted revenue of $111.18 billion and earnings of
Three under-the-radar growth stocks that are powering the AI supercycle
The artificial intelligence supercycle has transitioned from a speculative phase led by chipmakers to an industrial execution phase governed by physical constraints. As the market digests the massive capital expenditures (capex) required to monetize large language models (LLMs), global demand for
Evening digest: US inflation jumps, Meta stock drops while Alphabet soars
US inflation accelerated sharply in March as rising oil prices linked to the Iran conflict pushed costs higher. Brent crude surged to near four-year highs before retreating amid escalating geopolitical tensions. Bitcoin hovered near key support around $75,000 as investor
Apple stock rises ahead of earnings as CEO shift, AI plans loom
Shares of Apple edged higher on Thursday ahead of its fiscal second-quarter earnings report, with investors closely watching leadership changes, artificial intelligence strategy, and margin pressures tied to rising component costs. The stock gained about 1.3% and was trading at $273.70.