Nasdaq futures plunge 240 points: 5 things to know before Wall Street opens

Wall Street was set for a split open on Tuesday as renewed anxiety over the cost of the artificial-intelligence boom pushed chip stocks lower and left the Nasdaq trailing the broader market. US stock futures were mixed, with S&P 500 futures edging 0.10% lower and Nasdaq 100 futures falling 0.83%, while Dow futures gained 145… Continue reading Nasdaq futures plunge 240 points: 5 things to know before Wall Street opens

Man Group shares cimb as record AUM fuels strong results

Shares in hedge fund manager Man Group jumped 5.1% in early London trading. The stock reached its highest level since 2010 after the company reported a stronger-than-expected rise in assets under management. The London-listed firm said its firmwide AUM reached a record $253.6 billion as of June 30. The figure marked an 11% increase for… Continue reading Man Group shares cimb as record AUM fuels strong results

Why did Barclays shares fall after first-half profit jumped 17% on trading?

Barclays shares fell sharply in London on Tuesday even after the bank reported stronger first-half profit, as investors questioned whether the earnings beat was broad and repeatable. The stock dropped about 4.9% in early trading on July 28. Profit before tax rose 17% to £6.1 billion from £5.2 billion a year earlier, exceeding analysts’ expectations… Continue reading Why did Barclays shares fall after first-half profit jumped 17% on trading?

LVMH shares drop 2.56% after second-quarter sales report

LVMH shares swung sharply on Tuesday, rising as much as 2% before reversing course to trade 2.56% lower after the luxury group reported second-quarter sales growth broadly in line with expectations. The results offered an important test of whether the $400-billion luxury sector is decisively emerging from a two-year downturn. LVMH is the owner of… Continue reading LVMH shares drop 2.56% after second-quarter sales report

Tesla stock is down 30% in 2026: can its AI dream still justify $600 price target?

Tesla stock (NASDAQ: TSLA) has lost roughly 30% this year, leaving investors to decide whether the company’s emerging artificial-intelligence businesses can justify a valuation far above what its automotive profits currently support. The stock closed Monday, July 27, at $309.22 after another 1.2% decline. A $600 target would imply about 94% upside, meaning Tesla would… Continue reading Tesla stock is down 30% in 2026: can its AI dream still justify $600 price target?

Mercedes-Benz lowers 2026 sales forecast as China demand slumps

German carmaker Mercedes-Benz Group AG on Tuesday cut its 2026 unit sales outlook for its Cars division. The company said sales are now expected to be slightly below the previous year’s level. Mercedes-Benz attributed the revised outlook in particular to the negative development of the Chinese market. The company also adjusted its full-year revenue forecast.… Continue reading Mercedes-Benz lowers 2026 sales forecast as China demand slumps

Why are SK Hynix and Samsung stocks crashing more than 10% today?

SK Hynix and Samsung stock plunged more than 10% in Seoul on Tuesday as investors reassessed the risks surrounding the artificial intelligence boom and China’s accelerating semiconductor ambitions. The memory-chip maker fell as much as 11.1% on July 28, while Samsung Electronics lost nearly 10%. The KOSPI dropped 7.41%, triggering temporary restrictions on programme trading… Continue reading Why are SK Hynix and Samsung stocks crashing more than 10% today?

Top 3 stocks that could rally if oil settles above $100

Oil prices remain at the forefront of all financial debates as the US-Iran conflict and the related friction in the Strait of Hormuz continue. While rising energy prices often create widespread macroeconomic headwinds, if oil settles above $100 per barrel, it will represent a cash-generation windfall for the established upstream producers. Firms with low breakeven… Continue reading Top 3 stocks that could rally if oil settles above $100

Dow rises as S&P 500 edges higher, chip stocks remain under pressure

The Dow Jones Industrial Average and the S&P 500 ended higher on Monday, while the Nasdaq Composite closed lower as weakness in semiconductor stocks offset gains in other sectors ahead of a pivotal week for corporate earnings, inflation data and the Federal Reserve’s interest rate decision. The Dow gained 262.83 points, or 0.51%, to close… Continue reading Dow rises as S&P 500 edges higher, chip stocks remain under pressure