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Stock futures pointed higher Monday as tech rebounded from weekly losses. Oil rose modestly after U.S.-Iran military exchanges, while Comcast surged on split plans.
Samsung and SK Hynix plan a combined $518 billion chip manufacturing hub in South Korea, targeting surging demand from AI hardware makers.
Tech stocks suffered one of their worst weeks of the year as investors began demanding real returns from massive AI spending, not just promises of future payoff.
The BIS flags rising public debt, financial fragilities, and AI investment sustainability as compounding global risks demanding disciplined policymaking.
Nasdaq futures fell Friday as tech stocks sold off again after reports that OpenAI may delay its IPO to next year, rattling AI-adjacent names.
Cape Verde drew 0-0 with Saudi Arabia to become the smallest nation ever to reach the World Cup knockout round, advancing on three consecutive draws.
The BIS flags rising public debt, financial fragilities, and AI investment sustainability as compounding global risks demanding disciplined policymaking.
China Eastern Airlines filed plans to buy 25 Airbus A330neo jets at a catalogue price of $9.4 billion, disclosed via the Shanghai Stock Exchange.
Just In
Tech stocks suffered one of their worst weeks of the year as investors began demanding real returns from massive AI spending, not just promises of future payoff.
Samsung and SK Hynix plan a combined $518 billion chip manufacturing hub in South Korea, targeting surging demand from AI hardware makers.
Cape Verde drew 0-0 with Saudi Arabia to become the smallest nation ever to reach the World Cup knockout round, advancing on three consecutive draws.
A new AP-NORC poll finds most Americans face daily scam attempts, and about 3 in 10 have lost money or personal data to fraud.
Finance
Stock futures pointed higher Monday as tech rebounded from weekly losses. Oil rose modestly after U.S.-Iran military exchanges, while Comcast surged on split plans.
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J.P. Morgan raised its year-end S&P 500 target to 7,800, citing stronger-than-expected earnings growth, while warning a flash crash remains a risk.
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