Amazon’s recent announcement of over 14,000 layoffs has impacted nearly every segment of the company’s extensive operations, encompassing cloud computing, devices, advertising, retail, and grocery stores. However, one job category experienced a disproportionate share of reductions: engineers. Documents submitted in New York, California, New Jersey, and Amazon’s home state of Washington indicated that close to Read More
On Friday, S&P Futures exhibited a mixed performance, reflecting a prior session where market struggled to maintain a rally amid prevailing uncertainty regarding the Federal Reserve’s forthcoming interest rate decision. Futures associated with the Dow Jones Industrial Average increased by 154 points, representing a 0.3% rise. S&P 500 futures exhibited stability, whereas Nasdaq-100 futures experienced Read More
S&P Futures experienced an uptick on Thursday as market participants assessed Nvidia’s recent quarterly performance exceeding expectations. The report seemed to aid in reinstating confidence in significant technology stocks, thereby offering a lift to the overall market. Futures associated with the Dow Jones Industrial Average increased by 235 points, representing a 0.5% rise. Futures for Read More
On Wednesday, S&P futures experienced an uptick following a decline in major U.S. indexes during the prior session, influenced by challenges within the technology sector. Investors are currently preparing for Nvidia’s earnings report, which will provide insights into the robustness of the AI trade. Futures associated with the Dow Jones Industrial Average experienced an increase Read More
S&P Futures experienced a decline once more on Tuesday, as technology stocks persisted in their downward trajectory amid apprehensions regarding the valuations of artificial intelligence-related equities. Additionally, bitcoin momentarily dipped below $90,000, indicating a waning appetite for risk among investors. The Dow Jones Industrial Average experienced a decline of 370 points, representing a decrease of Read More
On Monday, S&P futures displayed a varied performance following a turbulent week marked by valuation concerns, a shift in market dynamics, and a reevaluation of Federal Reserve rate cut expectations that impacted the artificial intelligence sector. Futures for the S&P 500 saw an increase of 0.1%, whereas those for the Nasdaq-100 experienced a rise of Read More
JPMorgan Chase has finalized agreements that guarantee payment from the fintech companies handling almost all data requests from third-party applications linked to customer bank accounts, according to information. The bank has entered into revised agreements with the fintech intermediaries responsible for over 95% of the data extractions on its platforms, which include Plaid, Yodlee, Morningstar, Read More
On Friday, S&P futures declined following market’s most significant downturn in over a month. Futures associated with the Dow Jones Industrial Average experienced a decline of 214 points, equating to a decrease of 0.5%. S&P futures declined by 0.6%, whereas Nasdaq 100 futures fell by 1%. Nvidia and AMD experienced a decline of approximately 2% Read More
S&P Futures exhibited minimal variation on Thursday following an ongoing market rotation that propelled the Dow Jones Industrial Average to new peaks. Futures associated with the Dow Jones Industrial Average increased by 17 points, while the S&P futures declined by 0.1%, mirroring the movement of Nasdaq-100 futures. On Wednesday, a notable divergence was observed between Read More
On Wednesday, S&P futures experienced a modest increase after a trading session characterized by a sell-off in technology stocks, which in turn propelled a rally in more conservative segments of the market. Futures associated with the Dow Jones Industrial Average increased by 79 points, representing a rise of 0.2%. S&P 500 futures advanced by 0.3%, Read More
