Stock Market Update: Tech Selloff and Nvidia Earnings Weigh on Wall Street

Stock Futures Flat as Markets Brace for Nvidia Earnings and Inflation Data Wall Street drifted as a broader chip selloff outweighed declining oil prices, dragging down both the S&P 500 … Read More

US Treasury 20-Year Debt Auction Faces Pressure Amid Rising Yields

As global bond markets face a deepening rout, the U.S. Treasury prepares to auction $16 billion in 20-year debt on Wednesday, targeting a market expected to demand yields near 5.8% … Read More

Reddit to Join S&P 500, Triggering After-Hours Stock Rally

Reddit has officially landed a coveted spot on the S&P 500 index after months of market speculation and past snubs, sparking an immediate 11% after-hours rally for the social media … Read More

US Inflation Cools to 3.4% in July as Consumer Prices Slow

Stock futures traded near flat lines as investors braced for upcoming consumer price index reports. Consumer prices rose 0.1% in July, meeting consensus expectations and setting the annual inflation rate … Read More

S&P 500 Rises as Tame Inflation and AI Optimism Boost Wall Street

The S&P 500 (INDEXSP: .INX) closed higher as investors digested a tame consumer inflation report, while ongoing artificial intelligence optimism propelled technology shares across major U.S. indexes, according to reports … Read More

Eli Lilly Weight Loss Pill Foundayo Secures First European Approval in UK

Britain’s medicines regulator authorised Eli Lilly (NYSE: LLY) oral weight-loss and type 2 diabetes pill, Foundayo, on August 10, 2026. This decision makes the United Kingdom the first country in … Read More

S&P 500 Hits 25th Record Close of 2026 After 42-Day Break

The S&P 500 (INDEXSP: .INX) has officially booked its 25th record close of 2026, breaking through a grueling 42-day consolidation window that tested the resolve of equity investors. Driven by … Read More

Earnings Week: McDonald’s, Disney, Uber & More Report Results

As the tech sector navigates early August 2026, market participants are bracing for a massive convergence of macroeconomic labor data and high-stakes corporate earnings. According to Barron’s, this week’s docket … Read More

Berkshire Hathaway Shares Hit 8-Month High Amid Buybacks and Price Target Hikes

Berkshire Hathaway shares reached an eight-month high, driven by an active share repurchase program and strong portfolio gains from heavyweights like Apple (NASDAQ: AAPL) and Coca-Cola, prompting financial institutions like … Read More

South Korea’s Kospi Index Hits Record High Amid AI and Chip Stock Surge

As Wall Street rebounded with climbing Nasdaq futures, South Korea’s benchmark Kospi index surged nearly 15% to 18% in a record-breaking daily gain driven by a massive rally in heavyweight … Read More