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NVDA Stock Is Down 11.33% in 4 weeks, But Nvidia Just Crossed a $5.5 Trillion Market Cap
NVDA stock has fallen 11.33% over the past four weeks, yet Nvidia reached a historic milestone by crossing a $5.5 trillion market capitalization in early July 2026. That contrast has drawn plenty of attention on Wall Street. Some investors have taken profits after Nvidia’s strong rally, while others remain focused on the company’s long-term AI…
Dow Futures Fall 0.2%, Nasdaq Futures Drop 0.5% as Markets Await Fed Policy Signals
U.S. stock futures moved lower on July 1, 2026, as investors took a cautious stance before fresh signals from the Federal Reserve. Dow futures fell 0.2%, while Nasdaq-100 futures dropped 0.5%, reflecting pressure on technology shares and broader market uncertainty. Traders are also watching upcoming U.S. jobs data and Treasury yields for clues about the…
Vimeo Owner Bending Spoons Prices $1.68 Billion IPO Above Range Ahead of U.S. Market Debut
Bending Spoons has made a strong entrance into the U.S. public market by pricing its initial public offering above the expected range on July 1, 2026. The Italian software company raised $1.68 billion, signaling robust investor demand despite a cautious IPO environment. Known for acquiring well-known digital platforms like Vimeo, the company is drawing global…
Tesla (NASDAQ: TSLA) Shares Rise 2.13% to $420.60, Extending Rally as Investors Eye Next Growth Catalysts
Tesla’s (TSLA) price increased $8.76 since the market last closed, a 2.13% rise, closing at $420.60. The stock trades in the middle of its 52-week range and near its 200-day simple moving average, a technical setup that typically precedes either a breakout or a consolidation. Q2 Deliveries Land Tomorrow; July 2 Is the Date That…
IN Market Today: Sensex Gains 173 Points (+0.23%), Nifty 50 Rises 0.27%; GIFT Nifty Trades Lower
India’s benchmark indices closed the June quarter on a subdued note. The BSE Sensex fell 249.70 points, or 0.33%, to close at 76,478.67, while the Nifty 50 declined 80.50 points, or 0.34%, to settle at 23,865.75, slipping below the 23,900 mark. IT stocks led the selloff. GIFT Nifty futures declined 71 points, or 0.3%, to…
Dow Jones Crosses 52,000 for the First Time as Alphabet’s Strong Debut Fuels Tech, Led Rally
The Dow Jones reached a historic milestone after closing above 52,000 for the first time, reflecting renewed confidence in the US stock market. A strong earnings-driven rally in major technology stocks, especially Alphabet, lifted investor sentiment and pushed Wall Street to fresh record highs. Strong corporate earnings, continued optimism around artificial intelligence, and expectations of…
Wix-Owned Base44 Unveils Its Own AI Model to Improve App Creation and Reduce Dependence on External LLMs
Base44 has become the first app-creation platform to deploy its own large language model in production. The Wix-owned company announced its proprietary model, Base 1, on June 29, 2026, now actively serving users on the platform. Until now, Base44 relied on foundation models from OpenAI and Anthropic to power its natural-language app-building experience. Wix acquired…
Tech Stocks Recover Across Asia After Nasdaq’s 2% Surge, but Regional Markets Remain Cautious
The Nasdaq Composite surged more than 2% on June 29, 2026, giving global tech stocks a much-needed boost after weeks of market volatility. The rally quickly spread to Asia, where chipmakers and AI-related companies led early gains in Japan, South Korea, and Taiwan. Yet investors are still moving carefully. Concerns about high valuations, geopolitical tensions,…
Yen Hits 40-Year Low as USD/JPY Climbs to 162.41 Amid Intervention Fears
The yen slumped to levels unseen in four decades on June 30, 2026. The yen weakened to 162.41 per dollar for the first time in 40 years on Tuesday, while Japanese Finance Minister Satsuki Katayama reiterated that authorities stood ready to respond appropriately at any time. The yen fell to 162.19 per dollar as of…