Investors grow concerned that AI expenses and a looming price war in cloud services could blow up its profits.
Oil Prices Get Short-Lived Jolt From Latest Trump Tariff Threat
(Bloomberg) -- Oil futures got a short-lived jolt Thursday after President Donald Trump reiterated plans to impose 25% tariffs on imports from major crude suppliers Canada and Mexico. Most Read from BloombergManhattan’s Morning Commute Time Drops With New Congestion TollHow the 2025 Catholic Jubilee Is Reshaping RomeTrump Paves the Way to Deputize Local Police on ImmigrationHousing Aid Uncertain After Trump’s Spending Freeze MemoTrump's Federal Funding Pause Threatens State Financials West Texas
Microsoft Stock Slumps as Azure 'Execution Issues' Make Analysts Wary
Microsoft shares tumbled Thursday after the company’s weaker-than-expected fiscal second-quarter cloud growth prompted some analysts to be more cautious about the stock.
US retail investors dive into tech stocks in response to DeepSeek selloff
Retail investors poured one out of every three dollars of their investments into Nvidia shares in the first days of this week when the AI chipmaker suffered a record one-day loss in market value, according to market tracking firm Vanda. It also reported retail investors were eager purchasers of Tesla, Broadcom and Apple. "This buy-the-dip opportunity is proving to be too attractive for individual investors to pass up on," said the VandaTrack report's authors, Marco Iachini, the firm's senior vice president, and Lucas Mantle, vice president.
Stock market today: Dow, S&P 500, Nasdaq move higher with Apple earnings in the wings
Investors are combing the first batch of Big Tech earnings as they wait for Apple to report.
Apple earnings top Wall Street forecasts while iPhone, China sales fall short
Apple reported its Q1 2025 earnings after the bell Thursday, beating on expectations, but falling short on iPhone sales.
Tether Brings Its $140B USDT Stablecoin to Bitcoin and Lightning Networks
Stablecoins are increasingly popular for everyday uses like payments, remittances and savings, and Tether's expansion aims to spur activity to the Bitcoin-based ecosystem.