US Futures Flat; Tech Shares Gain on Anthropic Revenue Jump
US futures are flat as tech shares gain following an increase in Anthropic's revenue. The Dow, S&P 500, and Nasdaq previously fell amid rising oil prices and US-Iran tensions. The 30-year Treasury yield hit its highest level in decades. The US stock market is hovering near record highs.
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- ✓ The July deficit hit $432B
- ✓ The yearly shortfall is near $1.8T
- ✓ Five universities now accept PayPal and Venmo for tuition
What changed
Anthropic's revenue jump has contributed to gains in tech shares, helping to keep US futures flat.
Live updates
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US Futures Flat; Tech Shares Gain on Anthropic Revenue Jump
US futures are flat as tech shares gain following an increase in Anthropic's revenue. The Dow, S&P 500, and Nasdaq previously fell amid rising oil prices and US-Iran tensions. The 30-year Treasury yield hit its highest level in decades. The US stock market is hovering near record highs.
Why it matters
The US stock market is closely watched for signs of economic growth and inflation. Rising oil prices and Treasury yields have sparked concerns about the impact on the economy. Tech shares, including those in the AI sector, are being closely monitored for signs of growth.
What is confirmed
- The July deficit hit $432B
- The yearly shortfall is near $1.8T
- US debt is above $40T
- Five universities now accept PayPal and Venmo for tuition
Still unconfirmed
- Nvidia earnings are on the horizon
- Anthropic prepares IPO plans
What to watch next
- Nvidia earnings report
- Anthropic's IPO plans
- US economic growth data
confidence 90%Sources used for this update (5)
- economictimes.indiatimes.com — Dow Jones
- consent.yahoo.com — Tech stocks today: Nvidia earnings on the horizon, as Anthropic prepares IPO plans
- www.briefs.co — Treasury Chief Sees Possibility That Record Shortfall Has Reached Its High Point
- www.briefs.co — YouTube Pays Big to Lock In Star Creators
- www.briefs.co — Five Universities Add PayPal and Venmo for Tuition Bills
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US Futures Flat; Tech Shares Gain on Anthropic Revenue Jump
US futures are flat as tech shares gain following an increase in Anthropic's revenue. The US stock market is hovering near record highs. Oil prices and Treasury yields have risen due to concerns in the Middle East. The Dow, S&P 500, and Nasdaq fell as oil prices rose amid US-Iran tensions and the 30-year yield hit its highest level in decades.
Why it matters
The US stock market has been experiencing fluctuations due to various factors, including corporate earnings reports, geopolitical tensions, and economic indicators. The market is closely watching the situation in the Middle East, as well as the performance of major tech companies. The rise in oil prices and Treasury yields has also been a point of concern for investors.
What is confirmed
- US stocks are hovering near their record heights.
- Oil prices and Treasury yields have risen due to concerns in the Middle East.
- The Dow, S&P 500, and Nasdaq fell as oil prices rose amid US-Iran tensions and the 30-year yield hit its highest level in decades.
Still unconfirmed
- Anthropic's revenue jump has positively impacted tech shares.
What to watch next
- Big box earnings reports
- Further developments in the Middle East
- Changes in oil prices and Treasury yields
confidence 85%Sources used for this update (5)
- Bloomberg.com — US Futures Flat As Tech Shares Gain on Anthropic Revenue Jump
- AP News — US stocks hang near their record heights
- WSJ — Oil Prices, Treasury Yields Rise With Mideast Concerns
- Yahoo Finance — Stock market today: Dow, S&P 500, Nasdaq fall as oil rises amid US-Iran tensions, 30-year yield hits highest level in decades
- Investor's Business Daily — Stock Market Pulls Back On Risk Of Widening War; Big Box Earnings Ahead
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