US stock futures climbed on Monday with Dow up 0.2%, S&P 500 up 0.3%, and Nasdaq-100 up 0.7%, driven by anticipation of major Big Tech earnings reports from Alphabet, Tesla, Intel, and IBM. Investors are looking for evidence that AI investments are starting to generate revenue. Oil prices fell from over $91 to around $86.70 per barrel after Iran indicated diplomatic talks with the US remain open, despite ongoing conflict and recent US-Iran military clashes. Market focus remains on tech earnings and geopolitical risks affecting energy prices and inflation ahead of the US midterm elections.
Investors are rotating capital into frontier tech stocks such as SpaceX, Anthropic, and OpenAI, anticipating their upcoming IPOs and signaling a shift from legacy tech giants. The FAB 10 and MANGOS baskets highlight this trend, with SpaceX's $75 bill...
Google Cloud has embedded its AI model Gemini Enterprise into Avid Media Composer, a key video editing software used in Hollywood, traditionally dominated by Adobe Premiere. This move follows warnings from Jim Cramer about Google's growing threat to ...
Anthropic is preparing for what is expected to be the largest IPO in history, surpassing SpaceX's record. This event is significant because it directly affects major tech companies Alphabet and Amazon, both of which have substantial investments and o...
Microsoft's Azure cloud revenue surpassed $100 billion with 43% growth, while Alphabet's Google Cloud grew 82%, intensifying competition in enterprise AI. Microsoft leads in cash flow and broad AI model options, but Google is gaining Fortune 100 clie...
Apple unveiled its first foldable iPhone, the Duo, priced at a record high, causing Apple shares to rise 3%. The launch shifts focus to average selling price growth rather than unit sales, with the Duo's unique hinge as a key feature. Skyworks Soluti...
