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Futures subdued after tech selloff; bank earnings in focus

US STOCKS-Futures subdued after tech selloff; bank earnings in focus For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window. Intel slips after China cyber body recommends review Interactive Brokers down; missed Q3 adjusted estimates Futures: Dow down 0.01%, S&P 500 up 0.04%, Nasdaq up 0.10% Updated at 07:04 a.m.
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ASML draws investor scrutiny after warning shocks global chip markets

UPDATE 1-ASML draws investor scrutiny after warning shocks global chip markets Customers delay new plants and upgrades, weakening outlook Share price reached all-time high in July Suffered biggest selloff in two decades on Tuesday ASML bosses to address analyst call Export restrictions on China also a factor Updates with investor comment on China in paragraphs 15-19. Adds related content By Toby Sterling and Nathan Vifflin AMSTERDAM, Oct 16 (Reuters) - Investors and analysts are looking sceptica
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Futures steady, Nasdaq higher as markets await bank earnings

US STOCKS-Futures steady, Nasdaq higher as markets await bank earnings For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window. Futures: Dow down 0.07%, S&P 500 up 0.05%, Nasdaq up 0.18% Oct 16 (Reuters) - Dow and S&P 500 futures remained steady on Wednesday, while Nasdaq 100 futures rose slightly following a tech and oil stock selloff in the previous session, as investors awaited quarterly results from Morgan Stanley and other banks.
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ASML warning shocks global chip investors

ASML warning shocks global chip investors Customers delay new plants and upgrades, curbing demand Share price reached all-time high in July Suffered biggest selloff in two decades on Tuesday ASML bosses to address analyst call By Toby Sterling and Nathan Vifflin AMSTERDAM, Oct 16 (Reuters) - Investors and analysts are reviewing their assessments of computer chip equipment maker ASML ASML.AS , they said on Wednesday, after the company cut 2025 financial guidance , citing weakness in markets other
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ASML’s weakness flags limits of the AI boom

RPT-BREAKINGVIEWS-ASML’s weakness flags limits of the AI boom The author is a Reuters Breakingviews columnist. The opinions expressed are her own. By Karen Kwok LONDON, Oct 15 (Reuters Breakingviews) - As the sole maker of the most advanced chip-making machines, ASML’s ASML.AS health is a bellwether of sorts for the semiconductor industry. As such, the 260 billion euro company led by Christophe Fouquet sent a sobering message on Tuesday as it lowered guidance after disappointing bookings in
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Spanish stocks - Factors to watch on Oct 16

Spanish stocks - Factors to watch on Oct 16 Oct 16 (Reuters) - The following Spanish stocks may be affected by newspaper reports and other factors on Wednes day . Reuters has not verified the newspaper reports, and cannot vouch for their accuracy: Caixabank CABK.MC Caixabank has signed a strategic agreement with Apple AAPL.O to finance deferred payments made through the Apple Pay platform, Spanish newspaper Expansion reported on Wednesday.
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EU champions’ hope will slam into hard M&A reality

BREAKINGVIEWS-EU champions’ hope will slam into hard M&A reality The author is a Reuters Breakingviews columnist. The opinions expressed are his own. By Liam Proud LONDON, Oct 16 (Reuters Breakingviews) - Brussels wants European companies to join together and compete with U.S. and Chinese rivals. In many cases, however, national politicians and investors may have different ideas.
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Chip stocks fall as ASML's weak outlook raises concerns of non-AI chip demand

UPDATE 3-Chip stocks fall as ASML's weak outlook raises concerns of non-AI chip demand Updates shares and adds context on chip overcapacity in paragraphs 8-9 Oct 15 (Reuters) - Semiconductor stocks in the United States and Asia fell after chip equipment maker ASML ASML.AS cut its annual sales forecast over weak non-AI chip demand. AI chip giant Nvidia NVDA.O , which had briefly surpassed Apple as the world's most valuable company the previous day, dropped 4.5%, wiping out about $158 billion from
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Wall Street indexes end lower as chip, oil stocks drop

US STOCKS-Wall Street indexes end lower as chip, oil stocks drop Nvidia falls from record high, chip sector under pressure UnitedHealth ends down 8% after Q3 results Walgreen Boots rallies sharply after results Indexes down: Dow 0.75%, S&P 500 0.76%, Nasdaq 1.01% Adds market details after close, volume data By Sinéad Carew and Lisa Pauline Mattackal Oct 15 (Reuters) - Wall Street's major stock indexes closed lower on Tuesday, with a 1% drop in the technology-heavy Nasdaq leading losses as chip
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Wall Street indexes end lower as chip, oil stocks drop

US STOCKS-Wall Street indexes end lower as chip, oil stocks drop Adds preliminary closing details, analyst comment By Sinéad Carew and Lisa Pauline Mattackal Oct 15 (Reuters) - Wall Street's major stock indexes closed lower on Tuesday, with the technology-heavy Nasdaq leading declines as chip stocks sold off on fears of weak demand while energy shares fell with oil prices.
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Union election petitions have doubled since Biden took office, NLRB says

Union election petitions have doubled since Biden took office, NLRB says By Daniel Wiessner Oct 15 (Reuters) - Unions filed twice as many petitions seeking to hold elections over the last year than they did in 2021, the National Labor Relations Board said on Tuesday, due in part to a nationwide surge in organizing in industries that have long been union-free.
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ASML’s weakness flags limits of the AI boom

BREAKINGVIEWS-ASML’s weakness flags limits of the AI boom The author is a Reuters Breakingviews columnist. The opinions expressed are her own. By Karen Kwok LONDON, Oct 15 (Reuters Breakingviews) - As the sole maker of the most advanced chip-making machines, ASML’s ASML.AS health is a bellwether of sorts for the semiconductor industry. As such, the 260 billion euro company led by Christophe Fouquet sent a sobering message on Tuesday as it lowered guidance after disappointing bookings in the
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Wall Street indexes lose ground as chip, oil stocks drop

US STOCKS-Wall Street indexes lose ground as chip, oil stocks drop Nvidia falls from record high with chip sector under pressure UnitedHealth down after Q3 results Banks broadly gain after earnings Indexes down: Dow 0.54%, S&P 500 0.50%, Nasdaq 0.82% Updates prices at 2:06 p.m. EDT/1806 GMT By Sinéad Carew and Lisa Pauline Mattackal Oct 15 (Reuters) - Wall Street's major stock indexes slipped on Tuesday, with the Nasdaq leading declines as chip stocks sold off on fears of weak demand while ener
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Intel, AMD team up to confront rising challenge from Arm

UPDATE 1-Intel, AMD team up to confront rising challenge from Arm Adds details about group and quote from Intel CEO at news event By Stephen Nellis Oct 15 (Reuters) - Intel INTC.O and Advanced Micro Devices AMD.O on Tuesday said they are forming a group to help make sure software works across their chips, responding to a rising challenge from Arm Holdings ARM.O .
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Intel, AMD team up to confront rising challenge from Arm

Intel, AMD team up to confront rising challenge from Arm By Stephen Nellis Oct 15 (Reuters) - Intel INTC.O and Advanced Micro Devices AMD.O on Tuesday said they are forming a group to help make sure software works across their chips, responding to a rising challenge from Arm Holdings ARM.O . Intel invented what is known as the x86 computing architecture, a technology that for 40 years has powered the world's laptops, PCs and data center servers.
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Chip stocks fall on ASML forecast cut, potential US AI chip export cap

Chip stocks fall on ASML forecast cut, potential US AI chip export cap Oct 15 (Reuters) - U.S. semiconductor stocks fell on Tuesday after chip equipment maker ASML ASML.AS cut its annual sales forecast and a report said the Biden administration was considering capping sales of advanced artificial intelligence processors to some countries. AI chip giant Nvidia NVDA.O fell 4.4%, retreating from a record high hit in the previous session that had put it on the brink of dethroning Apple as the world'
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Wall St loses ground as chip, oil stocks plummet

US STOCKS-Wall St loses ground as chip, oil stocks plummet For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window. Nvidia falls from record high UnitedHealth down after Q3 results Banks broadly gain after earnings Indexes down: Dow 0.39%, S&P 500 0.44%, Nasdaq 0.93% Updated at 11:55 ET/1555 GMT By Lisa Pauline Mattackal and Purvi Agarwal Oct 15 (Reuters) - Wall Street slipped on Tuesday, with the tech-heavy Nasdaq leading the decline, as a slum
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U.S. STOCKS Albertsons, Foot Locker, Charles Schwab

BUZZ-U.S. STOCKS ON THE MOVE-Albertsons, Foot Locker, Charles Schwab Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 The S&P 500 and the Nasdaq edged higher while the Dow dropped on Tuesday, with the benchmark index hovering near record highs as investors parsed a mixed set of quarterly results from companies such as UnitedHealth and Bank of America.
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Google's GenAI strategy for search has become clearer, MoffettNathanson says

BUZZ-Google's GenAI strategy for search has become clearer, MoffettNathanson says ** MoffettNathanson says Alphabet's GOOGL.O Google appears to be starting to innovate using GenAI in search, as the co rolls out " AI Overviews " across the search engine's mobile footprint ** GOOGL's GenAI strategy for search has become clearer as it is focusing on integrating the tech into its traditional Google Search engine - brokerage ** "We believe that the bad news on the U.S.
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Apple hits record high as data shows strong Q3 shipment after iPhone 16 launch

BUZZ-Apple hits record high as data shows strong Q3 shipment after iPhone 16 launch ** Apple's shares AAPL.O rise as much as 2.7% to a record high of $237.49; last up ~2% ** Smartphone shipment data from research firms showed Apple saw a boost in Q3, helped by the launch of iPhone 16 and strong demand for previous models ** Apple "established itsel
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