The NASDAQ Composite index, tracking Nasdaq-listed stocks
A wave of AI-related IPOs from SpaceX, Anthropic and OpenAI is unfolding, with markets facing a flood of new stock. Retail demand remains strong for SpaceX, but analysts warn supply could overwhelm demand, pressuring prices and testing market resilience.
Chip shares have slumped in several sessions after Broadcom’s earnings miss and a hot jobs report crushed hopes for rate cuts in 2026. The VanEck Semiconductor ETF has fallen about 10% in five days as AI-driven bets weigh on stock prices and investors rethink exposure.
Global chip shares have declined in recent sessions, denting tech stocks amid higher-for-longer inflation bets. SpaceX’s looming IPO and mega-cap listings are shaping flows, while investors brace for further volatility as inflation data and policy paths weigh on sentiment.
Micron has reported blockbuster fiscal third-quarter results — $41.46bn revenue and $28.24bn net income — and has forecast roughly $50bn for the current quarter. The results have pushed Micron above a $1tn market value, restarted buying in memory stocks and have sharpened concerns that soaring AI data‑centre demand is forcing consumer electronics makers, including Apple, to prepare price increases.
Global markets are mixed as investors digest news of a framework for a long-term Iran peace deal. Oil prices have fallen sharply, and major indices climbed in US trading after the deal signals potential sanctions relief and production shifts across the Middle East.
Prologis has made an all-share approach worth 925p a Segro share, valuing Segro at about 3.6bn. Segro’s board has rejected the bid as “a long way short” of value, arguing the US bid undervalues the business. Shares have rallied on the news, while broader property stocks are buoyed by falling gilt yields and hopes of cheaper financing.
Tech stocks led a cautious rebound after Micron’s forecast topped estimates, helping Nasdaq futures claw back losses and easing fear over AI-driven demand. Investors are watching for further data and central-bank cues.
SpaceX’s debut has sparked a wave of investor interest, but early gains have cooled as post-IPO volatility declines and market enthusiasm faces valuation questions amid AI hype.
Three major egg producers—Cal-Maine Foods, Versova and Hickman’s Egg Ranch—have agreed to a civil settlement with the DOJ and 17 states over alleged price manipulation. The deal requires them to pay $3.3 million and donate 53 million eggs to food banks, with court approval pending. They deny wrongdoing and will adopt antitrust compliance programs.
Trump Accounts are launching with a $1,000 federal seed for babies born 2025–2028, with philanthropic and employer contributions expanding the program. Morningstar warns outcomes depend on ongoing contributions and owner behavior; leakage could erode gains. Companies pledge to match and push auto-enrollment to broaden reach.
The US and Iran have exchanged fresh strikes this weekend and on Monday, reversing a recent interim ceasefire and re‑opening doubt over control of the Strait of Hormuz. President Donald Trump has declared the ceasefire "over," ordered further strikes and revoked a temporary oil waiver. Oil has jumped into the high $70s–$80s and global markets have fallen.
The IMF has revised its 2026 growth outlook to 3.0%, citing energy shocks from the Middle East but noting an AI investment boom that is offsetting some pain. The US is forecast to grow around 2.3%, Europe remains subdued, and oil markets show volatility as tensions persist in Hormuz. Inflation is expected to ease only slowly.
The Strait of Hormuz remains a focal point as the U.S. indicates it will reinstate a blockade around Iran’s shipping, proposing a 20% toll on all cargo. Markets react as oil prices jump and analysts assess supply-chain implications amid a strained ceasefire.
Oil prices remain near multi-week highs as tensions surrounding the Strait of Hormuz escalate. The US has reimposed a naval blockade on Iran, Iran warns it will respond, and analysts expect intermittent supply disruptions to keep prices elevated in coming quarters.
The OECD has forecast the UK’s GDP will slow to 0.9% in 2026, down from 1.4% last year, citing energy costs and geopolitics. It stresses the need for reforms to boost productivity and address regional disparities, as energy prices remain a risk to growth.
GDP growth has slowed to 1.5% in Q2, down from 2.1% in Q1, as a trade deficit widens and petrol prices spike. Consumer spending remains resilient, while AI investment continues to push capital formation and imports, dampening net exports. Fed kept rates unchanged amid inflation concerns, with midterm elections approaching.
Global stocks have rallied this month after officials reported progress in talks to reopen the Strait of Hormuz, and a string of strong corporate earnings has bolstered investor sentiment. Treasuries and oil prices have fallen as traders pare back expectations for near-term Fed hikes; strategists warn valuations and one-off earnings boosts limit further upside.
Tech shares across Asia buoyed by AI optimism, with notable gains in SK Hynix, Samsung, Kioxia, Advantest and TSMC as markets rebound from recent volatility and traders reassess AI investment momentum.
Wall Street has committed vast capital to AI projects while US equity indexes have hit fresh records and volatility sits near year-to-date lows. Big investors have lined up roughly $500 billion to finance AI build-outs linked to Nvidia, and the heavily leveraged hedge fund Situational Awareness has lost around 67% in a month and sold much of its public book to Citadel.
Stocks waver as Walmart’s earnings miss dulls confidence; higher oil prices and rising yields weigh on sentiment. Treasuries signal caution as investors assess consumer resilience amid inflationary pressure.
A block of UK indicators shows services activity expanding and consumer confidence firming, while manufacturing remains modest. PMI readings point to continued growth in Q3, supported by tech investment and exports, though inflation and public finances remain a risk.
U.S. stock futures point to gains as Nvidia beats estimates and forecasts strong AI-driven growth; European markets rally on momentum from Nvidia while UK indices turn modestly higher ahead of major earnings and data surprises.
Nvidia has reported stronger-than-expected results, guiding to 70% revenue growth for fiscal 2028 amid robust demand for AI chips. Amazon plans to buy 2 million Nvidia GPUs, underscoring sustained AI infrastructure buildout. The broader market questions whether hyperscaler demand will endure as memory-supply pressures persist.