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Super Micro Stock Falls on News of DOJ Probe Source link

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US stock futures jumped on Thursday, setting the stage for fresh record highs. Investors welcomed a slew of updates, including solid US economic data, Micron’s (MU) upbeat earnings, and China’s pledges of more stimulus while they waited to hear from Jerome Powell. Dow Jones Industrial Average futures (YM=F) rose 0.5%, …

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(Bloomberg) — Global stocks rallied after China pledged fiscal stimulus and traders raised their bets on interest-rate cuts by major central banks. Most Read from Bloomberg US futures climbed as US-listed China stocks advanced and Micron Technology Inc. surged in premarket trading on a strong revenue forecast. The Stoxx 600 …

Palantir Technologies (NYSE: PLTR) continues to rack up new contracts. The latest is a deal with the U.S. government to bring artificial intelligence (AI) capabilities to the various military branches through its Maven Smart System. The contract will pay Palantir up to $99.8 million over the next five years. With …

Nvidia (NASDAQ: NVDA) shares have roared higher over the past several years, thanks to the company’s dominance in the artificial intelligence (AI) chip market — it holds a more than 80% share. But recently, the stock has lost some of its momentum, falling more than 6% over the past month. …

(Bloomberg) — Oil fell for a second day as Saudi Arabia was reported to be weighing increasing output, and factions in Libya reached a deal that opens the way to the return of some crude production. Most Read from Bloomberg Brent (BZ=F) dropped below $72 a barrel for a loss …

By Ankur Banerjee and Laura Matthews SINGAPORE/NEW YORK (Reuters) – As the market euphoria to China’s biggest stimulus since the pandemic settles, foreign investors are now asking whether the $114 billion toolkit will provide the spark needed to turn around a beat-up stock market. Chinese equities have lagged major markets …