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ASML Slips as Terafab Hype Fades; Focus Shifts to Q2 Earnings
ASML shares fell 0.44% as the Terafab hype wanes, with investors now eyeing the July 15 Q2 report for real demand signals.
Intel Stock Retreats After Google AI Chip Report Sparks Rally
Intel shares slipped 2.1% to $107.92 on Tuesday, reversing some of Monday's 11.2% gain after a report of a Google AI-chip order. The unconfirmed deal could boost Intel's foundry business, but investors remain cautious amid a tech selloff.
S&P 500 Futures Edge Higher as Inflation Data and Tech Earnings Loom
U.S. stock futures climbed Wednesday, with S&P 500 and Nasdaq contracts up, as traders await inflation data and tech earnings. Intel slipped after a surge on Google AI chip order news.
Tech Stocks Slide, Oil Surges After US Strikes on Iran; CPI in Focus
US stock futures declined and oil prices advanced following US military strikes on Iran, intensifying a selloff in technology shares. Markets are now focused on Wednesday's inflation data and the anticipated SpaceX IPO.
Keel Infrastructure Tumbles on $458M Convertible Debt for AI Data Centers
Keel Infrastructure shares plunged 4.24% to $5.42 after a $458M convertible debt deal for AI data centers, sparking dilution worries. Volume doubled.
Nokia Tumbles 7% as Nvidia's 6G Ambitions Cast Doubt on AI-Driven Growth
Nokia shares fell 7% on Tuesday amid reports that Nvidia is entering the 6G space, stoking fears over Nokia's AI growth narrative and its ability to maintain market share.
Social Security Fund Depletion Accelerated to 2032, 22% Benefit Cut Looms
Social Security's retirement fund is now expected to run out of reserves by late 2032, forcing a 22% cut in benefits without congressional intervention, as demographic and tax changes worsen the outlook.
Casey's After-Hours Surge Tops Street Estimates on Pizza and Fuel Strength
Casey's stock jumped in after-hours trading after the convenience-store chain beat earnings and revenue estimates, fueled by record pizza sales and higher fuel margins.