Latest News
Broadcom's Q1 Report Looms as AI Demand, Margins in Focus
Broadcom shares slipped 0.7% to $319.55 Friday, nearly 23% below their 52-week high, ahead of its March 4 earnings report. Analysts will focus on AI chip demand and margin trends.
Meta Shares Slip on Reported Google AI Chip Deal, Market Eyes Spending
Meta Platforms shares fell Friday and extended losses after-hours following a report of a major AI chip rental deal with Google. Investors are weighing the implications for capital spending ahead of key events this week.
Nvidia Faces Pressure After 4% Drop, Eyes on GTC and OpenAI Funding
Nvidia stock declined 4.2% to $177.19 as investors weighed OpenAI's massive funding round and potential new AI chip announcements at next month's GTC conference.
Amazon Commits $50 Billion to OpenAI in Major AI Cloud Alliance
Amazon has unveiled a $50 billion investment and expanded partnership with OpenAI, positioning AWS as the exclusive third-party cloud provider for OpenAI's new enterprise platform. The deal deepens Amazon's strategic push into generative AI infrastructure.
Dubai Markets Brace for Impact After Iran Strikes Disrupt Key Assets
Iranian retaliatory strikes damaged Dubai International Airport and landmarks, disrupting travel and rattling investor confidence ahead of market reopening. The DFM index closed down 1.8% Friday.
Tesla Adjusts Cybertruck Pricing Ahead of Key Trading Week
Tesla has raised the starting price of its Cybertruck to $69,990, according to a weekend website update. The stock closed Friday at $402.51, down 1.49%, amid broader market weakness and notable insider activity.
Iran Strikes Spark Oil Price Surge, Threaten Higher U.S. Gasoline Costs
Weekend strikes on Iran have rattled oil markets, causing Brent crude to jump 10% and prompting major carriers to halt transits through the Strait of Hormuz, setting the stage for higher U.S. gasoline prices this week.
Oil Markets Face Turbulent Open as Hormuz Tensions Disrupt Supply
OPEC+ has agreed to increase production by 206,000 barrels per day, but the decision collides with major shipping disruptions in the Strait of Hormuz following Iranian warnings. Markets reopen Monday with traders bracing for significant volatility.
Markets Brace for Volatility as Middle East Tensions Escalate
Geopolitical tensions and oil supply fears weigh on markets as stocks closed February with significant monthly losses. All eyes are on the Strait of Hormuz and upcoming U.S. economic data.
Turkish Stocks Face Inflation Test After Weekly Retreat
Turkish equities declined to close the week, with the BIST 100 index dropping 1.17% to 13,717.81. Market focus now shifts to critical inflation figures due Tuesday and the upcoming central bank policy decision.