US STOCKS-Nasdaq Futures Dip as Oil Prices Climb, Earnings Loom
AI-linked stocks fell while Brent crude climbed 1.7% to around $111 a barrel, as investors awaited earnings from major technology companies.
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7 Articles
The New York stock market is showing mixed trends in early trading on the 20th (local time) as concerns over investment in artificial intelligence (AI) infrastructure grow again and international oil prices rise. Semiconductor and AI-related stocks, which rebounded the previous day, have turned bearish again, while stock price movements are diverging depending on the third-quarter earnings announcements of major companies. Major indices on the N…
Doubts about the financing of the AI boom spared tech shares on Tuesday. At the same time, the rise in oil prices fueled interest-rate concerns. Investors are waiting for the balance sheets of large US technology companies.
Nasdaq futures dip as oil prices climb, earnings loom
Oct 20 (Reuters) - Nasdaq 100 futures slipped on Tuesday, pressured by renewed weakness in AI-linked stocks and a rebound in oil prices, as investors braced for earnings from major technology companies. CoreWeave dropped 3.1% and Nebius Group lost 2.9...
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