Economy

Economy
Economy

Trump asked Americans to buy Dell, then his money managers sold DELL stock

Donald Trump spent much of 2026 publicly praising Dell, but newly disclosed transactions show investments held in his name were later reduced after the stock’s extraordinary AI-driven rally. A federal ethics disclosure released Thursday showed one of his independently managed accounts sold between $500,001 and $1 million of Dell Technologies shares on August 21, followed

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Economy

US Treasury yields show signs of stability on Friday

US Treasury yields were little changed Friday as investors assessed the latest government bond auction, easing oil prices and President Donald Trump’s pledge to delay potential strikes against Iran until after next month’s midterm elections. The benchmark 10-year Treasury yield was flat at 5.26%, while the 30-year yield held at 5.63%. US Treasury bond Yield

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Economy

Why Apple shares are down 2% in premarket today?

Apple shares (NASDAQ: AAPL) fell around 2% in premarket trading Friday after a report said the company had asked some component suppliers to reduce orders for its latest iPhone 18 Pro and iPhone 18 Pro Max models, raising concerns about demand. According to a report by Nikkei Asia, Apple has instructed some suppliers to cut

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Economy

Nasdaq futures surge 220 points: 5 things to know before Wall Street opens on Oct. 9

US stock futures moved higher on Friday as investors attempted to stabilise after Thursday’s tech-led sell-off, with easing oil prices and a partial rebound in AI shares improving risk appetite. Dow futures were up 0.17%, S&P 500 futures gained 0.4% and Nasdaq 100 futures rose 220 points or 0.72%. Nvidia climbed 1.6% premarket, while Tesla

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Economy

Nvidia stock slowly forms a risky pattern as experts warn of an AI bubble

Nvidia stock remained under pressure this week as prominent investors Ray Dalio and Michael Burry warned that an AI bubble could burst. Shares also fell after Firmus pulled its IPO and as investors reacted to recent reports on OpenAI’s revenue. The stock now trades at $230, about 5.4% below its high for the year. Firmus

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Economy

Tesla stock up 1.5% in premarket: is it back on track?

Tesla TSLA shares rose more than 1.5% in premarket trading Friday after the electric vehicle maker reported a 5% year-over-year increase in sales of China-made vehicles in September. The stock appeared poised to open higher after falling in each of the previous two sessions. The latest sales figures offered another sign of improving demand for

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Economy

AT&T stock is tumbling amid SpaceX competition fears: buy the dip?

AT&T stock plunged by over 7% in the premarket session as investors dumped most telecommunications companies after SpaceX announced an agreement to purchase spectrum in the United States. It tumbled to $23, down by 13.3% from its highest point in September this year.  Other top telecommunications stocks have also tumbled. Verizon stock dropped by 5.1%,

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Economy

Lumentum stock rises 6% as AI demand fills optical orders through 2029

Shares of Lumentum Holdings LITE rose 6% in pre-market trading on Friday after Chief Executive Officer Michael Hurlston said demand for the company’s optical components had exceeded available supply, with orders booked through early 2029. The company is struggling to keep pace with demand from technology firms expanding artificial intelligence data centres. Hurlston told Bloomberg

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Economy

Nasdaq opens higher as oil retreats, AI stocks recover and telecom shares slide

US stocks opened higher on Friday as oil prices retreated following easing concerns about further escalation in the Middle East, while investors assessed the outlook for artificial intelligence stocks and the impact of SpaceX’s latest spectrum deal on telecom companies. The Nasdaq Composite gained 172 points while the S&P 500 was up 0.35%. Dow Jones

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Economy

Here’s why IREN stock has lost momentum despite its AI cloud pivot

IREN stock has remained under pressure this month as investors have remained cautious of neocloud companies. It dropped to $38.70 on Wednesday, down modestly from the September high of $49.60 and by 50% from its all-time high.  IREN stock has fallen despite strong demand for AI data centers IREN, formerly known as Iris Energy, is

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