Netflix topped second quarter earnings expectations, beating on both the top and bottom lines and raising its full year revenue guidance as the streamer continues to stand out amid a tech-driven market rally.
TSMC, the world's main producer of advanced AI chips, posted record, forecast-beating quarterly profit on Thursday but warned that future income might be hit by U.S. tariffs, though perhaps not until the fourth quarter.
Tech led as US stock futures rose on Tuesday, with a China green-light for Nvidia lifting spirits in the wait for a key consumer inflation print and for big banks to kick off earnings season.
Markets were hit hard at the start of the week (July 7) after President Trump escalated trade actions—threatening steep tariffs on Canada, the EU, and BRICS countries.
Stocks are back near record highs, but a flurry of trade announcements, deals, and extensions kept investors on their toes last week.
Even though short sale volume offers crucial insight into market sentiment, it is often overlooked by traders.
Nvidia stock is signaling more gains early on Thursday after the chipmaker on Wednesday became the first publicly traded company to hit the $4 trillion mark, surpassing fellow tech players such as Microsoft and Apple.
Short float is a key metric every short seller should monitor. It shows the percentage of a company’s publicly tradable shares, its float, that has been sold short.
US stock futures stalled on Wednesday after President Trump ratcheted up trade tensions with US trade partners.
Overall, the week reinforced an optimistic market mood grounded in strong labor figures, ongoing deal / AI momentum, and manageable trade headlines.