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David Dancause is a retiree who is active in the Maine outdoor community serving on the Maine Outdoor Adventure Club board of directors.
US stock futures fell on Tuesday morning as the AI trade, earnings, and an upcoming Fed decision remained in focus.
Contracts for the Nasdaq-100 (NQ=F) fell 0.3%, while futures on the Dow Jones Industrial Average (YM=F) moved just above the flatline.
» Read more about: Stock market today: Dow, S&P 500, Nasdaq drift lower as tech slides »
HONG KONG (AP) — Asian stocks were mostly higher Tuesday after an AI-led rally on Wall Street ahead of major corporate earnings and central-bank decisions.
U.S. futures edged lower after earlier gains and oil prices extended losses.
South Korea’s Kospi jumped more than 4% and closed 3.1% higher at 5,638.34.
» Read more about: Asian stocks advance following a rally on Wall Street and oil prices fall »
Over the last 6-12 months, sentiments in domestic equities have been pressured by elevated crude oil prices, triggered by ongoing conflict involving Iran and the US, alongside shipping disruptions in key shipping routes such as Strait of Hormuz. Concurrently, elevated bond yields across major developed economies and slowdown in the earnings of large Indian corporates has temporarily upended the immediate investment thesis of domestic equities.
Canadian Prime Minister Mark Carney said yesterday that trade discussions with US President Donald Trump’s administration had intensified slightly, but any progress reflected Washington’s movement closer to Canada’s position.
The remarks came eight days before the US midterm elections, as White House economic Adviser Kevin Hassett suggested that the two countries were nearing a trade deal.
Atlantaa, Ideaforge Technology, Ujaas Energy among others were locked in their upper circuits, reflecting strong buying and signalling bullish near-term sentiment.
Buzzing Stocks
In a market short on fresh triggers, several stocks quietly grabbed attention on October 27, driven by technical breakouts,
Tesla (TSLA:NASDAQ) stock closed up 5.2% at $391.62 on Monday,
» Read more about: Tesla Jumps 5% as Barclays Raises Its Target to $450 on SpaceX Merger Prospects »
If you’re among the millions of older Americans who collect Social Security each month, you may have been eager to learn what the 2027 cost-of-living adjustment, or COLA, would be.
In case you missed the news, the official 2027 COLA is 3.6%. And that’s a much larger raise than the 2.8% COLA that hit Social Security benefits this past January.
The data makes the case that Warren Buffett is the best investor who ever lived. For six decades, he directed capital allocation decisions that compounded Berkshire Hathaway‘s stock price at a rate of nearly 20% per year. That’s almost double what the S&P 500 index (^GSPC +0.70%) returned during that time.
Here’s what you need to know: Anthropic is making a lot of money. It’s also losing a lot of it. The five-year-old firm has been valued between $1.5 and $2tn by some investors but did not list a target valuation in its S-1.
» Read more about: Four takeaways from Anthropic’s potentially record-breaking stock market filing »