US Politics & Business News
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Last week’s market action showed a clear divide between large-cap strength and small-cap weakness, with major indexes hovering near historic highs. The S&P 500 gained 1.15% on the week to close at 7,811.54, stopping just short of its 52-week high of 7,844.52, while the Nasdaq Composite added 0.64% to finish at 27,366.17. The Russell 2000…
As enterprise IT budgets increasingly pivot toward artificial intelligence software, analysts say some of the biggest names in tech face very different futures. The shift is being closely watched across Wall Street, where investors are trying to identify which software companies stand to benefit most from changing spending priorities. Salesforce (CRM) is emerging as a…
India’s headline consumer price inflation climbed to 5.54% in September, up sharply from 4.82% in August, beating economist estimates to the upside. The consumer price index print came in above a Reuters poll forecast of 5.40%, marking the 11th consecutive month of rising inflation in the world’s fastest-growing economy. September’s reading represents a 22-month high…
U.S. stock futures climbed early Monday as investors prepared for the official start of the third-quarter earnings season across Wall Street. As of 4:00 a.m. ET, Nasdaq, S&P 500, Dow, and Russell 2000 futures each gained 0.2% ahead of a busy week of corporate and economic catalysts. The modest premarket gains followed a strong week…
Friday’s analyst activity delivered sweeping rating changes across aerospace, industrials, healthcare, and technology, signaling shifting sentiment among major Wall Street firms. Baird upgraded Humana (HUM) to Outperform from Neutral, raising its price target to $596 from $390, citing greater confidence in the company’s $35-plus of 2028 adjusted earnings per share power. Oppenheimer upgraded Fastly (FSLY)…
A US investor is raising concerns after their financial adviser recommended placing $350,000 into a data center project based in the United Arab Emirates. The adviser reportedly described the opportunity in favorable terms, telling the client that the prospectus looks impressive, though the client remains uncertain about the risks involved. Investments in overseas data centers…
The global policy debate around artificial intelligence and employment has decisively shifted, moving away from whether disruption will happen toward how governments should respond. International Monetary Fund Managing Director Kristalina Georgieva issued a stark warning Monday, describing AI’s impact on labor markets as a “slow-moving tsunami” that is already making landfall. Young graduates entering the…
AST SpaceMobile (ASTS) is facing a more competitive landscape after the FCC cleared SpaceX to launch a direct-to-phone satellite service using low-Earth orbit technology. The FCC authorization allows SpaceX to connect ordinary smartphones directly from space without relying on terrestrial cell towers or traditional mobile carrier networks. That regulatory clearance raises immediate and pointed questions…
Shares of AST SpaceMobile (ASTS) climbed roughly 1% overnight Sunday following a pair of significant operational developments over the weekend. The gains came after ASTS stock dropped 10% on Friday, closing at $50.97 and recording a 13% weekly loss for its second consecutive weekly decline. AST SpaceMobile announced via X that BlueBird satellites 14, 15…
Markets closed out the week with large caps leading the charge, as the S&P 500 (^GSPC) and Nasdaq Composite (^IXIC) both posted solid weekly gains despite a turbulent Monday open. The S&P 500 finished at 7807.12, up 0.54% on the day and 1.09% for the week, falling just short of its 52-week high of 7844.52…