DailyEdge

US stock futures retreated on Monday morning, as bitcoin's slump deepened and Wall Street's strong late-November rebound looked set to hit a speed bump in the first trading day of December.

The boom in metal-intensive technologies like data centers and electric vehicles has made it a prime time to be in the US aluminum business.

U.S.-listed, Chinese e-commerce giant Alibaba beat analysts' estimates for quarterly ​revenue on Tuesday, as investments in ‌one-hour delivery helped drive more users to its shopping apps,‌ while its cloud division reported strong growth.

US stock futures took a breather on Friday, gearing up to end the latest turbulent week in what is shaping up to be a rocky month on Wall Street.

Nvidia stock jumped after the chipmaker reported its third quarter earnings on Wednesday, beating analysts' estimates on the top and bottom lines and offering a better-than-anticipated outlook.

The scene at the AI party right now is a confusing one.

Nvidia's earnings report on Wednesday could trigger a $320 billion swing in the chipmaker's market value - the largest post-earnings move ever ​for the AI giant - as investors seek signals about whether the artificial intelligence boom is accelerating or cooling.

AMD says it expects to see its data center revenue increase 60% over the next three to five years, up from $16 billion in 2025, as the company pushes deeper into the AI space and works to steal share from rival Nvidia.

US stock futures leaned lower on Tuesday amid a revival in AI worries, slipping back from a rally fueled by optimism that Washington may soon end the record-breaking government shutdown.

Tech led gains in US stock futures on Monday, after the Senate took a big step toward ending the record-breaking government shutdown that has clouded the picture of the economy. S&P 500 futures rose 0.9%, while those on the tech-heavy Nasdaq 100 climbed 1.4%.