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US stocks rebound sharply: Dow climbs over 500 points, Nasdaq up 0.8%

US stocks rose on Friday, positioning major indexes for a positive end to a volatile week marked by sharp losses in technology shares and renewed concerns over cryptocurrency markets. The S&P 500 gained about 0.9%, while the Nasdaq Composite advanced 0.8%. The Dow Jones Industrial Average climbed 573 points, or roughly 1.1%. The gains pushed

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ai.com debuts autonomous AI agents for mainstream consumer use

ai.com, a new artificial intelligence platform founded by Kris Marszalek, co-founder and CEO of Crypto.com, has announced the launch of its Autonomous AI agent offering for consumers. The platform allows users to create a private, personal AI agent in just a few clicks. These agents are designed to do more than answer questions, with the

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Why is Nvidia stock soaring over 5% today?

Nvidia stock (NASDAQ: NVDA) surged about 5% on Friday, leading a tech rebound after a bruising week for software and data stocks. Traders said the move comes on the back of multiple factors, including fresh demand signals for AI hardware and upbeat comments from a key supplier. NVDA’s rally came even as investors digest bigger

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Snap stock price loses key support as North America user growth fades

The Snap stock price crashed to a record low and flipped a crucial support level for the first time ever. It dropped to an all-time low of $5.9 after the company published its financial results and launched a large share buyback, a sign that the management expects it to rebound. Snap launches a share buyback

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Why did Alphabet stock tumble 7% after earnings despite beating estimates?

Alphabet stock (NASDAQ: GOOGL) plunged over 7% in the pre-market trading on Thursday, despite beating revenue and profit estimates for the fourth quarter. The sharp sell-off came despite some impressive milestones like cloud and search firing and annual sales topping 400 billion dollars for the first time. The investor caution began once executives unveiled a

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US jobless claims climb amid storms, but labour market holds steady

The number of Americans filing new applications for unemployment benefits rose more than expected last week, highlighting short-term disruptions from severe winter weather even as the broader labour market continues to show signs of resilience. Initial claims for state unemployment benefits increased by 22,000 to a seasonally adjusted 231,000 in the week ended January 31,

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US stocks open lower as Nasdaq falls 0.6% and tech selloff deepens

US stocks head into Thursday’s session on the back foot after another bruising tech selloff knocked Wall Street’s most popular trades off their pedestal. The S&P 500 dropped around 0.46%, while the Nasdaq Composite slid about 0.6%, extending a sharp two‑day retreat in high‑growth names. The Dow Jones Industrial Average shed roughly 240 points, or

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Brazil markets rise as Lula interview and earnings season take center stage

As investors concentrated on political developments and a packed schedule of corporate earnings, Ibovespa futures were trading higher on Thursday, indicating a cautiously optimistic tone in Brazilian markets. The February futures contract was up 0.17% at 182,705 points at 9:07 a.m. Brasília time. According to local media outlet InfoMoney, most of the market’s focus was

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Gold

Commodity wrap: gold smashes $5,600, silver tops $120, Brent jumps as prices go parabolic

Gold prices breached $5,600 per ounce for the first time on Thursday on rising safe-haven demand for the metal. Silver topped $120 per ounce on COMEX as prices continued to skyrocket, hitting a series of record highs. On Thursday, Brent oil futures prices soared, reaching a four-month peak. The March contract of Brent hit $70

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Gold

Gold slumps 3%, but set for its strongest monthly gain since 1980 

Despite a sharp, more than 4% slide on Friday—fueled by rumors of a potentially more hawkish Federal Reserve chair—gold remains on course for its strongest monthly gain since 1980, as geopolitical and economic uncertainties continue to drive investors toward the traditional safe-haven asset. Prices had come under pressure as investors resorted to booking profits after

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