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S&P 500, Nasdaq trade lower on Oracle AI spending jitters
Wall Street‘s tech-heavy Nasdaq slipped to a one-week low on Thursday as fresh worries over Oracle‘s hefty AI spending plans overshadowed optimism over a less hawkish tone from the Federal Reserve. Oracle plunged 14% after its quarterly forecasts fell short of analysts’ estimates and the company raised its annual spending forecasts, reigniting worries that the…
S&P 500 Surges to 6,000: Election Year Momentum
After delivering a 23% return in 2024, the S&P 500 sets targets of the 6000 mark, Expecting 2.3% growth from the previous Friday’s closing of the 5864 mark. Nearly 20% of stock from S&P are still scheduled to put up quarterly results. According to a survey, the Tech sector will again take the lead in…
Ahead of Market: 10 things that will decide D-Street action on Monday
The Indian market ended the week lower on Friday, weighed down by U.S. President Donald Trump‘s sweeping retaliatory tariffs, which escalated the global trade war and heightened fears of a recession. The benchmark BSE Sensex declined 930.67 points or 1.22% to close at 75,364.69, while the broader Nifty 50 index closed at 22,904.45, down by…
