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ServiceNow NOW and Salesforce shares climbed 5% on Wednesday after Guggenheim upgraded the software companies, arguing that their valuations have become attractive despite ongoing risks posed by artificial intelligence. The upgrade comes after a difficult year for enterprise software stocks, with investors reassessing growth prospects as AI reshapes the industry. ServiceNow shares are down 33%… Continue reading ServiceNow stock jumps after Guggenheim upgrade despite AI concerns

US stocks opened lower on Wednesday as investors booked profits in semiconductor stocks following a record-breaking first half of 2026, while renewed US-Iran tensions and expectations of tighter monetary policy also weighed on sentiment. The Dow Jones Industrial Average declined 253 points. The S&P 500 slipped 0.46% while the Nasdaq Composite fell 0.68%. Semiconductor stocks… Continue reading Dow falls 250 points as chip stocks slide, US-Iran tensions rise

The S&P 500 Index had a difficult performance in June this year, slipping by about 1.1%. It ended the month at 7,500, up by 18% from its lowest level this year, and a few points below the all-time high of 7,613. This article provides an SPX Index forecast and that of its ETFs like VOO,… Continue reading S&P 500 Index, VOO, and SPY outlook for July 2026: Key catalysts to watch

Shutterstock (SSTK) shares plunged more than 30% in premarket trading on Wednesday after Getty Images abandoned its planned $3.7 billion merger with the company, ending a deal that was expected to create one of the world’s largest licensed visual content providers. Getty Images shares were also lower, falling more than 5% in premarket trading following… Continue reading Shutterstock stock plunges 30% as Getty Images scraps $3.7B merger

US equity futures began the new quarter with a more guarded tone, even after Wall Street ended June on a strong note. The problem is not just geopolitics, though the stalled US-Iran diplomacy in Doha is keeping traders alert. The bigger issue is that the macro backdrop is becoming less friendly. A resilient labour market,… Continue reading Dow futures fall 170 points: 5 things to know before Wall Street opens

July has a strong track record for US equities, and investors are entering the month with four familiar names back in focus. The S&P 500 has historically posted its best average monthly gain in July, while technology-heavy indexes have often benefited from early-month momentum before earnings season takes over. That does not make a rally… Continue reading Summer rally pattern: 4 stocks with historical edge in early July

Nike shares fell 4% in premarket trading on Wednesday after the sportswear giant’s latest quarterly results failed to convince investors that its turnaround under Chief Executive Officer Elliott Hill is gathering pace. Although Nike topped Wall Street expectations for both earnings and revenue, a cautious outlook for the coming quarters, persistent weakness in China and… Continue reading Nike stock: why did a rare earnings beat fail to lift shares?