U.S. stock futures were little changed Sunday evening as investors looked to take advantage of a strong May that propelled major indices to new all-time highs. Dow Jones (YM=F) and S&P 500 (ES=F) futures held near the flat line in overnight trading while the Nasdaq 100 (NQ=F) gained 0.1%. Wall Street begins June after a…
Anthropic has raised $65 billion in funding, bringing the Claude maker to a post-money valuation of $965 billion as enterprise demand for cutting-edge AI continues to draw greater capital funds into computing, cloud capabilities and model development. The Series H round was led by Altimeter Capital, Dragoneer, Greenoaks and Sequoia Capital, with a long list…
By Echo Wang and Anirban Sen NEW YORK, May 15 (Reuters) – SpaceX, Elon Musk’s rocket and satellite maker, aims to list its shares as soon as June 12 and has chosen the Nasdaq as the trading venue for its successful market debut, people familiar with the matter told Reuters on Friday. The listing, one…
Robinhood Leads Crypto Stocks Fall After Disappointing Earnings Down 14% after disappointing earnings, Robinhood Markets (NASDAQ: $HOOD) stock leads a drop in cryptocurrency-related stocks on April 29. Cryptocurrency stocks are falling after Robinhood earnings missed Wall Street forecasts and amid rising tensions between the United States and Iran. Robinhood reported a 47% decline in cryptocurrency-related…
Going by the new 52-week highs and 52-week lows from Tuesday’s trading, the bulls are back in control. Yesterday, the bulls flipped the switch. For the first time in a long time, new 52-week highs on both the NYSE and Nasdaq easily surpassed new 52-week lows. I don’t know how long this will last, but…
U.S. stock futures fell sharply on Sunday night after President Donald Trump said the United States would take steps to block all shipping traffic through the Strait of Hormuz, following the collapse of weekend negotiations between Washington and Tehran. Futures linked to the Dow Jones Industrial Average (YM=F) fell about 1.2%, pointing to a drop…
The first quarter of 2026 has been tough for artificial intelligence (AI) stocks…or has it? For one thing, the stock prices of some of the biggest AI companies, after years of explosive growth, are actually down so far this year. NVIDIA (NASDAQ: NVDA)For example, it is down almost 5% so far this year. Will AI…
The five largest publicly traded companies are currently: NVIDIA (NASDAQ: NVDA): 4.3 trillion dollars. Apple (NASDAQ:AAPL): 3.8 billion dollars. Alphabet (NASDAQ:GOOG) (NASDAQ:GOOGL): 3.6 trillion dollars. microsoft (NASDAQ:MSFT): 2.8 trillion dollars. Amazon (NASDAQ:AMZN): 2.3 trillion dollars. These companies have been market leaders for the past decade, with the exception of Nvidia, which emerged from relative obscurity…
Artificial intelligence (AI) stocks are currently unpopular in the market. There is too much uncertainty surrounding the war in Iran and skepticism about the benefits of AI spending. This is causing markets to sell off AI stocks, and it may seem like a terrible time to buy. However, I think the opposite is true. AI…
Abra Financial Holdings, the San Francisco-based digital asset wealth management platform, said Monday it will go public through a business combination with New Providence Acquisition Corp. III, a special purpose acquisition company listed on Nasdaq under the symbol NPACU. The combined company is expected to list on Nasdaq under the symbol ABRX, the company said…
