
Ron Haruni
Co-Founder and Editor-in-Chief at Wall Street Pit
Breaking news and analysis from Wall Street Pit. Stock market, economy, politics, technology, science, health and world news.
Articles
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1 week ago |
wallstreetpit.com | Ron Haruni
Stock futures rose modestly on Friday, with Dow Jones Industrial Average futures up 59 points (0.14%) to 41,527.00, S&P 500 futures up 18 points (0.31%) to 5,702.00, and Nasdaq-100 futures up 85.50 points (0.42%) to 20,233.50, driven by optimism surrounding U.S.-China trade talks in Geneva.
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1 week ago |
wallstreetpit.com | Ron Haruni
Alphabet’s stock fell nearly 8% in midday trading after Apple’s Eddy Cue testified that Google searches via Safari dropped in April, threatening the $20 billion annual revenue-sharing deal, as reported by CNBC. Apple is exploring AI search alternatives like Perplexity and Anthropic for iOS, while the DOJ considers ending Google’s default search exclusivity, causing Cue to “lose sleep” over potential revenue loss.
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1 week ago |
wallstreetpit.com | Ron Haruni
Alphabet’s (GOOGL) stock dropped nearly 8% in midday trading Wednesday after Apple’s (AAPL) Eddy Cue testified that Google searches via Safari declined in April, potentially jeopardizing the $20 billion annual revenue-sharing deal. Apple is exploring AI search alternatives like Perplexity and Anthropic for iOS, while the DOJ considers ending Google’s default search exclusivity, causing Cue to “lose sleep” over potential revenue loss.
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1 week ago |
wallstreetpit.com | Ron Haruni
Stock futures declined, with S&P 500 futures down 0.84% to 5,626.75, Dow futures off 0.64% to 41,057.00, and Nasdaq-100 futures falling 1.03% to 19,823.75, as markets reacted to tariff uncertainties and the Federal Reserve’s upcoming policy meeting. The CBOE Volatility Index (VIX) rose 8.30% to 25.01, signaling heightened investor caution, while the 30-year Treasury yield increased 1.22% to 4.83%, reflecting shifting economic expectations.
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1 week ago |
wallstreetpit.com | Ron Haruni
U.S. stock futures fell, with S&P 500 futures down 0.86% to 5,658.50, Dow futures off 0.70% to 41,135.00, and Nasdaq-100 futures dropping 1.11% to 19,971.00, following a nine-day S&P 500 winning streak, the longest since November 2004. Market sentiment, lifted by hopes of U.S. trade talks with China, remains cautious as the VIX rose 8.15% to 24.53, gold climbed 2.42% to 3,321.90, and oil fell 1.54% to $57.39, reflecting mixed economic signals.
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