Artificial intelligence (AI) news

Artificial intelligence is transforming finance. AI algorithms analyse data, predict trends, and automate trading. Companies involved in the development of artificial intelligence are impacting market efficiency and potentially increasing volatility in the global economy.

S&P 500, Nasdaq 100 Update - Strong Earnings Power Market Gains

TSMC's strong Q4 2024 earnings and positive 2025 forecast boosted market sentiment and drove gains in chip stocks like Nvidia. Overall corporate profits remain strong, with a high percentage of S&P 500 companies exceeding earnings estimates. Technically, the S&P 500 is still in a bearish trend, but a close above the 5981 handle could signal a change in structure and potential further upside. Most Read: Bitcoin (BTC/USD) vs. Nasdaq: Is the Correlation Affecting Crypto Outflows? U.S.

16-01-2025 08:53 GMT by Zain Vawda

SPX & Nasdaq 100 React to Strong US Data: Rate Cut Outlook Shifts

Stronger-than-expected US economic data (JOLTs job openings and ISM Services Index) weigh on US Indices. Markets exhibited sensitivity to monetary policy expectations and potential volatility, with sector performance varying. Technical analysis of the S&P 500 suggests a range-bound market with key support and resistance levels identified. Upcoming non-farm payrolls and Fed meeting minutes releases are expected to further influence market volatility. Most Read: Gold (XAU/USD) Price Outlook: Bull

07-01-2025 11:52 GMT by Zain Vawda