US Stock Futures Hold Steady After Record Highs
Stock futures remain mostly unchanged following record highs in the S&P 500 and Dow Jones. Investors await corporate earnings from Citigroup and Goldman Sachs after positive reports from major banks last week.
Nvidia, AMD, and Intel Shares Drop Amid Potential AI Chip Sales Restrictions
Shares of major chipmakers, including Nvidia, AMD, and Intel, are slipping after reports that U.S. regulators might limit the sale of AI chips to some Middle Eastern countries.
Bank of America Beats Earnings Expectations
Bank of America reported better-than-expected Q3 results, with revenue of $25.34 billion and a smaller-than-expected decline in profit. The stock rose more than 2% in premarket trading.
Google Backs Nuclear Power to Meet AI Energy Needs
Google announced plans to support the construction of nuclear power plants by startup Kairos Power to meet AI power demands. This follows similar efforts by Microsoft to increase energy supply for AI operations.
Apple Q3 Smartphone Sales Increase
Apple’s iPhone 16 launch helped boost smartphone sales by 3.5% in Q3, though Samsung maintained a slight lead in market share. Apple shares are up 1% in premarket trading.
Stock futures remain mostly unchanged following record highs in the S&P 500 and Dow Jones. Investors await corporate earnings from Citigroup and Goldman Sachs after positive reports from major banks last week.
Nvidia, AMD, and Intel Shares Drop Amid Potential AI Chip Sales Restrictions
Shares of major chipmakers, including Nvidia, AMD, and Intel, are slipping after reports that U.S. regulators might limit the sale of AI chips to some Middle Eastern countries.
Bank of America Beats Earnings Expectations
Bank of America reported better-than-expected Q3 results, with revenue of $25.34 billion and a smaller-than-expected decline in profit. The stock rose more than 2% in premarket trading.
Google Backs Nuclear Power to Meet AI Energy Needs
Google announced plans to support the construction of nuclear power plants by startup Kairos Power to meet AI power demands. This follows similar efforts by Microsoft to increase energy supply for AI operations.
Apple Q3 Smartphone Sales Increase
Apple’s iPhone 16 launch helped boost smartphone sales by 3.5% in Q3, though Samsung maintained a slight lead in market share. Apple shares are up 1% in premarket trading.