The S&P 500 fell 0.49% to 7,138.80 as investors took profits ahead of major earnings reports from top tech companies and the Federal Reserve's rate decision expected on April 29. Market sentiment is cautious with a slight bullish tilt, as futures remain nearly flat and investors await signs if AI-related spending by giants like Alphabet, Amazon, Meta, and Microsoft will drive growth. The Fed is widely expected to hold rates steady in what could be Chair Jerome Powell's final decision. Oil prices rose amid geopolitical tensions, adding to market uncertainty.
VanEck Retail ETF (RTH) receives a Hold rating because its top holdings like Amazon, Walmart, and Costco have high forward price-to-earnings ratios (28.6x to 45x), indicating premium valuations that already price in AI-driven growth. Consumer challen...
In Q2 2026, top contributors to growth included Taiwan Semiconductor Manufacturing, Alphabet, United Rentals, Apple, and Visa. Alphabet’s Google Search and Cloud segments showed robust revenue growth of 19% and 63%, respectively, boosting operating i...
Jim Cramer cautioned that the recent rally in Big Tech stocks like Alphabet, Microsoft, Meta, and Amazon might be more about investor optimism than real improvements in their business fundamentals. Despite positive news such as Warren Buffett's endor...
Dave Brown, a senior vice president at Amazon Web Services (AWS) and a key figure since its early days, is leaving the company at the end of this month for a new role outside Amazon. Brown helped launch AWS's core EC2 service and later led its comput...
The rapid growth of hyperscale data centers, driven by AI demand, is causing U.S. electricity consumption to surge after a decade of stagnation. Experts predict data centers will use 11-16% of total electricity by 2030, with investments in these faci...
