Market News
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Meta To Launch Custom AI Chip 'Iris' In September To Cut Nvidia, AMD Reliance
Meta is likely looking to cut down on its considerable computing costs and dependence on Nvidia and AMD.
Wall Street slips as AI stocks drag despite gains in consumer names and easing Treasury yields
Tech heavyweights led by Micron, AMD and Nvidia weighed on markets, while General Mills, Nike and Kroger advanced. Falling oil prices and softer manufacturing data helped ease inflation and rate concerns.
S&P 500 Snaps Four-Day Losing Streak as Yields Ease and Tech Stocks Surge
Falling oil prices and cooling inflation fears pulled Treasury yields lower, giving Wall Street the boost it needed as Nvidia, AMD and Intel led a broad market rally toward record highs.
US stock market today: Dow, S&P 500, Nasdaq futures jump on rising US-Iran peace hopes; AMD soars 18%
US stock futures rose sharply on May 6 as oil prices fell amid reports of a potential US-Iran agreement to end the war in the Middle East. The S&P 500 and Nasdaq 100 futures gained 1% and 1.6%, respectively, as optimism grew around the negotiations.
Dow futures rise on Trump pausing 'Project Freedom', oil fall; Nasdaq gets an AMD boost
Stocks on Wall Street rose after the US indicated on Tuesday that "Operation Epic Fury" has concluded, 66 days after the US first began to bomb Iran, and that their objectives were achieved.