U.S. equities opened August with a broad-based relief rally Monday as crude oil tumbled and Treasury yields retreated from 18-month highs, after President Donald Trump called off a planned military strike on Iran over the weekend and said negotiations would resume.West Texas Intermediate crude sank…
Amazon.com Inc. (NASDAQ:AMZN)‘s best earnings-day pop in years and a nearly $475 billion wipeout in Apple Inc. (NASDAQ:AAPL) market valuation pulled Wall Street in opposite directions Friday, leaving indexes searching for direction into midday as the AI trade split in two.The S&P 500 held a 0.5% ga…
Microsoft Corp (NASDAQ:MSFT) stock gained almost 3% on Friday as investors continue to lean into strong cloud demand and upbeat AI adoption signals, even while the Technology sector is down 0.7% and the S&P 500 is up 0.2%.The latest earnings snapshot showed a 14th straight "double beat," with quart…
