Oil Prices Steady as U.S.-Iran Truce Uncertainty and Middle East Tensions Keep Markets on Edge 
Wall Street Ends Mixed as Alphabet Slumps, Middle East Developments and Fed Outlook Weigh on Markets 
US Stock Futures Slip After Wall Street Rally Fueled by US-Iran Deal and Chipmaker Surge 
100+ Global Companies Push Governments to Prioritize Electrification for Economic Growth 
Gold Price Rises as Investors Weigh U.S.-Iran Talks and Fed Policy Outlook 
China’s AI Manufacturing Boom Masks Weak Consumer Economy, Citi Says 
Japan Manufacturing Growth Accelerates in June as Orders Surge Despite Iran War Cost Pressures 
Asian Stocks Slip as Oil Rebounds Amid Fed Rate Hike Fears 
China Keeps Loan Prime Rates Unchanged for 13th Straight Month as Policymakers Prioritize Credit Demand Recovery 
Yen Near 40-Year Low as USD/JPY Approaches Key 162 Level, Raising Intervention Concerns 
Asian Stocks Surge as Oil Prices Fall and Strong US Dollar Weighs on Markets 
New Zealand Fast-Tracks Gold Mining as Industry Revival Gains Momentum 
Russian Stocks End Flat as MOEX Index Hits New 52-Week Low 
Italy’s Economy Outpaces Eurozone Peers as Investment Spending Fuels Growth 
Oil Prices Drop as U.S.-Iran Talks Ease Supply Concerns 
Trump Says No Hormuz Strait Tolls During 60-Day Iran Ceasefire 
U.S. stock index futures held steady Wednesday evening after the S&P 500 hit a record high, driven by Netflix’s strong earnings and optimism over President Donald Trump’s AI investment initiative. S&P 500 Futures were flat at 6,118.0 points, while Nasdaq 100 Futures dipped 0.1% to 21,970.50. Dow Jones Futures remained steady at 44,354.0 points.
Netflix (NASDAQ:NFLX) shares soared 10% after reporting 19 million new subscriber additions in Q4 2024, smashing expectations. Revenue rose 8% to $9.5 billion, while net income increased 12% to $915 million. The streaming giant announced U.S. and international price hikes, citing higher programming investments.
AI stocks surged as Trump unveiled a $500 billion AI initiative, Stargate, a joint venture with OpenAI, Oracle (NYSE:ORCL), Microsoft (NASDAQ:MSFT), NVIDIA (NASDAQ:NVDA), and SoftBank (TYO:9984). The project aims to build AI data centers and power facilities in Texas, boosting the sector’s growth. Oracle shares rose 7%, Microsoft gained 4.1%, and Nvidia climbed 4.4%.
Arm Holdings (NASDAQ:ARM) surged 16%, while Amazon (NASDAQ:AMZN) rose 2%, pushing the S&P 500 to a record high of 6,100.81 points before closing 0.6% higher at 6,086.28. The NASDAQ Composite rose 1.
