By Anushree Mukherjee July 6 (Reuters) – Oil prices fell on Monday after OPEC+ agreed to further increase its output targets from August while exports from key producers via the Strait of Hormuz are recovering, potentially adding to global supplies. Brent crude futures fell 23 cents, or 0.32%, to $71.89 a barrel at 1140 GMT…
Here’s a question for you… What do you do when a company beats earnings eight quarters in a row… and the stock drops 24% anyway? Most people freeze. They stare at the fundamentals, scratch their heads, and wonder how a business growing revenue 16–18% year over year can possibly be down that much. They trust…
By Wayne Cole and Harry Robertson SYDNEY/LONDON, July 6 (Reuters) – U.S. futures ticked higher and European stocks traded near record highs on Monday as the potential for increased energy supplies pulled down oil prices, while investors awaited a crucial earnings season for the AI sector. While there were no new developments in the fractious…
Summary The markets soared in the first half of 2026, with the S&P 500 up 9%. Can the momentum continue? At Argus, we think the bull still has some life. In fact, in our “base case” for the second half of the year, we see the S&P 500 gaining another 5%-7%. We also have a…
Summary We have different ways of looking at market valuations. Most are signaling that stocks are reasonably valued, but not bargains. Our asset-allocation model, the Stock/Bond Barometer, suggests that the two major portfolio asset classes are near parity for valuation. The model goes back to 1960 and takes into account the likes of real-time price…
By Nell Mackenzie LONDON, July 6 (Reuters) – U.S. hedge funds sold tech hardware stocks for a fourth week in a row, according to a client note from Goldman Sachs on Friday, in line with a recent decline in global chip shares and just before many of these companies will report earnings. Tech shares and…
Summary This is a generally quiet week. Earnings season kicks off next week (though there are a few headliners this week), while the release of the minutes of the Fed’s last meeting highlight the current economic calendar. Last week, the Dow Jones Industrial Average, the S&P 500, and the Nasdaq all rose 1%. Year to…
By Phoebe Seers LONDON, July 6 (Reuters) – Britain’s financial regulator has been urged to consider regulation of large language models such as ChatGPT, Claude and Gemini because of their growing influence on consumer financial decisions. In a review commissioned by the Financial Conduct Authority and published on Monday, the watchdog’s executive director, Sheldon Mills,…
July 6 (Reuters) – South Korean chipmaker SK Hynix on Monday launched a U.S. share sale to raise 43 trillion won ($28.07 billion) and drew indications of interest for up to $7 billion from major investors, as it capitalises on the global AI boom with one of the world’s largest new share sales. Baillie Gifford…
By Anna Szymanski July 6 (Reuters) – What matters in U.S. and global markets today By Anna Szymanski, Editor-in-Charge, Reuters Open Interest Markets began the week on a mixed note, with Asian shares easing and Wall Street futures ticking up before the bell on Monday ahead of the first wave of second-quarter earnings reports this…
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