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TISI News11 articles
Small Caps Outperform as Tech Rally Loses Steam
Small-cap shares outperformed the broader market on Wednesday, while technology stocks faded. Oil prices and Treasury yields remained elevated, and investors awaited key jobs data.
Nike Expands NFL Rivalries Lineup by Eight Teams After Record Fanatics Debut
Nike expands NFL Rivalries to 16 teams following a record Fanatics debut. New jerseys for eight teams arrive Sept 1, but financial impact remains unclear.
S&P 500 Options Sentiment Hits 4-Year Bullish Peak as Rally Loses Steam
S&P 500 call-to-put ratio hits 0.9, a four-year high, even as index slips. JPMorgan raises target to 8,000, but limited upside remains.
Amazon Narrows AGI Team, Focuses on $200B Capex ROI
Amazon reduced headcount in its AGI unit, signaling a more selective approach to AI investments as it manages a $200 billion capex plan.
Tech Sector Sees $20B Outflow as AI Trade Loses Steam
Nearly $20 billion exited tech sector funds last week, wiping out prior record inflows, as AI trade momentum cooled and chip stocks suffered their worst weekly drop since March.
Fidelity Bolsters Active ETF Team with State Street Hire
Fidelity International appoints Elisa Prezzavento as director of ETF product strategy, hiring from State Street to expand its active ETF lineup in Europe and Asia-Pacific.
Bolt CEO Defends HR Shutdown, Says Smaller Team Boosts Agility
Bolt CEO Ryan Breslow defended cutting the HR department at Fortune's summit, stating it created problems. The move follows layoffs and a shift to AI and a finance app.
Unusual Machines Q1 Revenue Soars 296% as Drone Supply Expansion Gains Steam
Unusual Machines posted Q1 revenue of $8.1 million, a 296% jump, and net income of $10.3 million from investment gains. Shares surged 12.8% as the firm raised $150 million and agreed to buy DroneNX for $52 million.
Intel Stock Retreats as Chip Rally Loses Steam
Intel shares dropped 3.3% to $45.33, reversing earlier gains as chip stocks slid after Nvidia's results failed to boost sentiment. The decline followed Intel's AI inference partnership announcement with SambaNova.
HSBC Shares Gain Amid U.S. Team Cuts Ahead of Key Earnings
HSBC Holdings saw its London-listed shares advance approximately 0.3% early Friday, while its U.S. ADR declined. The move follows a report of staff reductions in the bank's U.S. bond-deal team, setting the stage for its upcoming annual earnings release.
AMD Surges 8% in Friday Rebound as AI Chip Rally Gains Steam
AMD shares jumped 8.3% to $208.44, leading a semiconductor rally fueled by optimism over sustained AI infrastructure spending. Investors now eye upcoming economic data and Nvidia's earnings.