Quanta Services (NYSE:PWR) Shares Gap Up After Strong Earnings
- European shares hit a record high on Friday, July 31, 2026, powered by improving investor appetite for tech shares amid central bank decisions and Middle East hostilities.
- A pause in U.S.-Iran hostilities over the weekend sent oil prices lower, with Brent crude falling from a high over $100 last week to $89 per barrel.
- Traders are uncertain if Federal Reserve Chairman Kevin Warsh will hold interest rates steady when the FOMC meets on Wednesday, as the CME Fedwatch index shows reduced certainty about keeping rates on hold.
- Markets are scrutinizing quarterly results from U.S. Big Tech companies including Apple and Microsoft for signs the AI-driven rally has further room to run this week.
- Bullish sentiment among individual investors hit its lowest level of the year this week, dropping 15.3 percentage points to 29.6%, according to Bespoke Investment Group data.
47 Articles
47 Articles
Why Are European Stocks Hitting Record Highs?
European stocks climbed to a record high on Friday as renewed confidence in technology shares and stronger-than-expected corporate earnings outweighed concerns over central bank policy uncertainty and escalating geopolitical tensions in the Middle East. The gains extended a four-month rally for regional equities despite persistent questions surrounding artificial intelligence investment and global inflation. Key Developments […] The post Why Are…
UMich Sentiment Surges To Pre-War Highs; AI Fears Becoming “Salient”
UMich Sentiment Surges To Pre-War Highs; AI Fears Becoming “Salient” Having rebounded from record (46 year) lows in June, University of Michigan’s final July Sentiment survey was expected to show further improvement MoM, but a slight decline from the preliminary print as gas prices started rising again following the apparent end of the MoU-driven MidEast ceasefire....
Algemeen Dagblad
tubantia.nlThey were the standout performers on the stock market this year: tech stocks. But the mood has completely shifted. Worldwide, tech stocks are being sold off en masse.
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