Stock market today: Dow, S&P 500, Nasdaq futures tumble after Fed decision as Oracle earnings fall short
US stock futures dived on Thursday as investors evaluated the Federal Reserve’s latest rate cut, which helped fuel a late-day rally on Wall Street.
Contracts on the S&P 500 (ES=F) and the Nasdaq 100 (NQ=F) tumbled 0.8% and 1.2%,
Read MoreThe Burst
Market Commentary: Don’t Buy The AI Hype
Artificial intelligence was poorly understood for so long. What some claimed was AI was really human-programmed algorithms, or rulesets with decision-making programmed by a person.
Artificial intelligence is different.
Read MoreThe Ivy
Is Meta a Buy After Crashing?
Despite a stellar start to 2023 with a more than 300% increase in stock price at one point, Meta experienced a significant pullback, shedding 15% in value following its first-quarter earnings report.
Meta reported a very solid Q1, with revenues soaring by 27% to $36.5 billion, the fastest growth rate in several quarters,
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