Starbucks stock is trading in red today; here are the reasons

Shares of Starbucks came under pressure after RBC Capital Markets downgraded the coffee giant, citing rising labor costs, elevated investor expectations, and uncertainty around margin improvement. The brokerage cut its rating to “Sector Perform” from “Outperform” while maintaining a price target of $105, implying modest upside from current levels. Starbucks shares fell 0.9% to $96.69… Continue reading Starbucks stock is trading in red today; here are the reasons

US stocks fall as PPI inflation jumps, Dow Jones down 169 points

US stock opened lower on Wednesday after hotter-than-expected inflation data and rising oil prices dampened investor sentiment ahead of the Federal Reserve’s policy decision. Dow Jones Industrial Average fell about 169 points, or 0.36%, while S&P 500 fell 0.31% and Nasdaq 100 declined roughly 0.26%. The cautious tone followed a stronger-than-expected reading on wholesale inflation,… Continue reading US stocks fall as PPI inflation jumps, Dow Jones down 169 points

Has the software selloff bottomed out? Here’s what experts think

Software stocks are showing early signs of recovery after months of heavy selling, with analysts debating whether the sector has reached a lasting bottom. The S&P 500 software index logged its strongest weekly performance since May 2025 last week, while the iShares Expanded Tech-Software Sector ETF (IGV) has rebounded about 10% from its February low.… Continue reading Has the software selloff bottomed out? Here’s what experts think

Dow futures soar ahead of Fed decision: 5 things before market open

US stock futures edged higher on Wednesday as investors turned a bit optimistic with reducing oil prices ahead of the Federal Reserve rate decision today. Futures linked to the Dow Jones Industrial Average were up about 240 points, or 0.5%. The S&P 500 and Nasdaq 100 futures also gained roughly 0.5% and 0.7%. This comes… Continue reading Dow futures soar ahead of Fed decision: 5 things before market open

Tencent earnings beat forecasts as AI drives gaming, ads growth

Tencent reported stronger-than-expected results for 2025, with revenue surpassing analyst estimates as artificial intelligence plays a larger role across its business lines. The Chinese technology group is increasingly utilising AI to refine advertising, enhance gaming engagement, and expand its cloud computing unit. The performance highlights how Tencent is evolving beyond its traditional gaming dominance while… Continue reading Tencent earnings beat forecasts as AI drives gaming, ads growth

Apple fee cut to boost Tencent, NetEase margins in China, analysts say

Apple’s decision to lower App Store commission fees in mainland China is expected to provide a modest but meaningful boost to the profitability of leading gaming firms Tencent and NetEase, according to Morningstar. The iPhone maker said it would reduce fees on in-app purchases and paid transactions to 25% from 30%, effective Sunday. The move… Continue reading Apple fee cut to boost Tencent, NetEase margins in China, analysts say

Samsung, AMD expand AI chip ties: here’s why it matters

Samsung Electronics and AMD have deepened their long-standing partnership with a new agreement focused on artificial intelligence infrastructure, as global demand for high-performance data centre systems accelerates. The memorandum of understanding was signed at Samsung’s semiconductor campus in Pyeongtaek, South Korea, during a visit by AMD chief executive Lisa Su, alongside Samsung Electronics vice-chairman and… Continue reading Samsung, AMD expand AI chip ties: here’s why it matters

Meta’s Manus drops desktop AI: is this the end of cloud-only agents?

Meta-owned artificial intelligence start-up Manus has introduced a desktop application that moves its AI agent beyond the cloud and directly onto personal computers. The launch shifts how autonomous agents operate, allowing them to interact with files, apps, and workflows stored locally on user devices. Until now, Manus’ general-purpose agent functioned through a web interface, executing… Continue reading Meta’s Manus drops desktop AI: is this the end of cloud-only agents?

Why Chinese stocks are surging over Nvidia CEO’s OpenClaw endorsement

Chinese AI stocks are surging on Wednesday after Nvidia CEO Jensen Huang gave investors exactly the kind of signal they were waiting for. Huang publicly endorsed OpenClaw at Nvidia’s flagship event, marking a big signal from one of AI’s most influential chip leaders. Stocks like MiniMax and Zhipu surged more than 20% on Wednesday as… Continue reading Why Chinese stocks are surging over Nvidia CEO’s OpenClaw endorsement