US EditionAI Gains and Strong Earnings Support Wall Street as Tariff Woes Linger
7 Articles
7 Articles
Meta gave a double surprise this week: it exceeded revenue expectations and announced that its next big bet is artificial intelligence.In the second quarter, the company's revenues grew 22% year-on-year, surpassing Wall Street's forecasts that expected weaker growth in two years.After the announcement, the shares rose by almost 10% in operations after the market closed.Mark Zuckerberg knows what Wall Street likes: growth, vision for the future a…
Wall Street Bounces Back Amid Job Reports and AI Spending Surges
timesng.com: NEW YORK, NY – Wall Street experienced a strong rally on Monday, recovering from last week’s disappointing performance, which was affected by a weak jobs report. All three major indices—the S&P 500, Nasdaq, and Dow Jones Industrial Average—gained over 1% in afternoon trading. The rally was broad-based, with 10 out of the 11 sectors of […] This post Wall Street Bounces Back Amid Job Reports and AI Spending Surges appeared first on Wa…
Wall Street week ahead: Focus on further fallout from weak jobs data, fresh Q2 earnings
Source: Live Mint After US stock indices fell sharply on Friday following weak jobs data and stiffer tariffs on several American trading partners, focus of Wall Street investors in the week ahead would be on any further fallout from the non-farm payroll numbers and fresh earnings reports. Following the jobs data, US President Donald Trump fired the head of the Bureau of Labor Statistics, Erika McEntarfer. Trump accused the BLS Commissioner of…
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