Wall Street, Oracle
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Analysts have been cutting their estimates for companies’ sales and profits, but there are always exceptions to trends.
4hon MSN
The S&P 500 (SNPINDEX: ^GSPC), a benchmark for the broader U.S. stock market, has had one of the most volatile years on record. The index lost more than $6 trillion during the two-day trading period after President Donald Trump announced his "Liberation Day" tariffs as the CBOE Volatility Index (VOLATILITYINDICES: ^VIX) notched its third-largest weekly spike in history.
Global shares are mixed as investors focus on the result of the ongoing trade talks between Washington and Beijing
Shares of planemaker Boeing lost 7% premarket after an Air India aircraft with more than 200 people crashed in India's western city of Ahmedabad, and aviation tracking site Flightradar24 said the plane was a Boeing 787-8 Dreamliner.
Since the end of 2022, shares of Palantir have returned nearly 1,900%, which has lifted the company's market cap to north of $300 billion. In other words, Palantir went from being a tech stock of fringe importance to being one of the foundational companies within the sector.
Kevin O'Leary, well-known for his appearance as a judge on the popular TV reality show "Shark Tank," frequently shares his fiery takes on the markets. Now, he expects further crypto regulation to make way for an inflow of a trillion dollars into the market.
Asian shares are mostly higher as investors keep an eye on China-U.S. trade talks that might help stave off a recession.
Wall Street's stock indexes ended lower on Thursday in choppy trade as a slump in Tesla shares offset news of progress in tariff talks between U.S. President Donald Trump and Chinese leader Xi Jinping.
The co-CEO of Netflix, Greg Peters, believes Warner Bros. Discovery splitting into two is an indicator of a broader "shakeout" happening in the U.S. media landscape.