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Dow Jones| Nasdaq | US Stock Market Today | Live: Dow, S&P 500 close at record highs as AI earnings impress, oil prices tumble
Stock markets soared to all-time highs on Tuesday, fueled by stellar earnings from corporations. AI-focused entities like Palantir and the esteemed Caterpillar delivered eye-popping results. The drop in oil prices and Treasury yields created a favorable backdrop for continued growth. Moreover, the possibility of a peaceful resolution in the Iran conflict greatly enhanced investor optimism….
SpaceX has announced an impressive 92% increase in revenue for the latest quarter, primarily fueled by the growth of Starlink and its AI initiatives. Despite this surge, the firm faced a net loss due to significant capital allocated towards infrastructure and future projects. After a strong IPO, its stock is now under scrutiny, especially with…
Long-term U.S. debt pull back from peaks as Trump-Iran talks offer relief
Dollar little changed as U.S.-Japan yen intervention, easing oil fears weigh
Eurozone yields pause after sharp July sell-off
Sterling today: Pound rises against dollar despite greenback rebound
Dollar little changed, yen weakens but remains well above pre-intervention low
Tesla’s China-made electric vehicle sales saw a significant rise last month. Sales from the Shanghai plant increased by 37.8 percent year-on-year. This marks the ninth consecutive month of positive sales growth for the automaker. Model 3 and Model Y vehicles totalled 93,579 units in July. This figure also represented a 5.0 percent increase from the…
Why is the Bank of England expected to keep rates unchanged?