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Newsmax (NMAX) Shares in conservative media group Newsmax dropped 10.4% after hours Thursday resulting in a drop of over 75% since the company went public in March. Despite growing viewership Newsmax has faced a number of problems and is currently still engaged in a lawsuit with Dominion Voting Systems over "false claims" spread by the news source after the 2020 election. An overly ambitious IPO valuation combined with weak financial returns have continued to crater stock value. Ulta Beauty (ULTA) Ulta Beauty stock jumped up 8.3% in extended trading after...

Long-term Treasury yields have climbed in recent weeks, driven by growing concerns over the trajectory of US debt as President Trump's proposed tax legislation advances to the Senate after clearing the House. New concerns emerged late Wednesday after a Manhattan-based trade court struck down a wide swath of Trump's tariffs, adding to uncertainty around how the administration will manage the deficit. "The tariffs the court struck down were likely to raise nearly $200 billion on an annual basis," Goldman Sachs said in a note to clients late Wednesday. That's "roughly...

US stock futures rose after a US trade court blocked some of President Trump's tariffs, and Nvidia (NVDA)'s mixed earnings report impressed Wall Street despite the company's warnings on chip curbs. Futures attached to the Dow Jones Industrial Average (YM=F) rose 1.3%. Futures attached to the benchmark S&P 500 (ES=F) rose 1.5%. Futures attached to the tech-heavy Nasdaq 100 jumped (NQ=F) 1.9%. On Wednesday evening, a panel of judges at the US Court of International Trade took aim at Trump's trade agenda, blocking global tariffs imposed citing emergency powers on...

US stock futures jumped Monday night following President Trump's decision to delay a broad 50% tariff on all EU products from June to July to allow time for negotiations. Futures tied to the Dow Jones Industrial Average (YM=F) rose 0.9%, with S&P 500 contracts (ES=F) flying up 1.1%. Futures for the tech-heavy Nasdaq 100 (NQ=F) surged 1.3%. The jumps followed Trump’s Sunday announcement that he would postpone a 50% tariff on EU imports until July 9. The move came after a request from European Commission President Ursula von der Leyen,...

US stock futures traded flat as a vote on President Trump's "big, beautiful" tax bill neared. Futures attached to the Dow Jones Industrial Average (YM=F) slipped 0.1%. Futures attached to the benchmark S&P 500 (ES=F) and the tech-heavy Nasdaq 100 (NQ=F) flatlined. On Wednesday evening, House Speaker Mike Johnson said he plans to move ahead with a vote on Trump's tax legislation as soon as tonight despite Republican lawmakers in the House Freedom Caucus maintaining the bill is "not ready." Johnson revealed earlier on Wednesday the bill would include a...

US stock futures wavered after investor optimism largely persisted for another day despite growing warnings that relief over trade developments could be short-lived. Futures attached to the Dow Jones Industrial Average (YM=F) rose 0.1%. Futures attached to the benchmark S&P 500 (ES=F) and the tech-heavy Nasdaq 100 (NQ=F) traded flat. On Monday, stocks ticked up despite the US losing its last AAA credit rating on Friday. Since the US and China struck a deal to temporarily roll back tariffs last week, Wall Street has been shaking off fears of a...

US stock futures slid back on Thursday as investors waited for fresh retail sales and wholesale inflation data to shed light on the health of the economy, with a Jerome Powell speech and earnings from Walmart (WMT) on deck. Futures on the S&P 500 (ES=F) dropped 0.5%, while Dow Jones Industrial Average futures (YM=F) dropped around 0.4%. Contracts on the Nasdaq 100 (NQ=F) tumbled 0.7%, coming off a sixth upbeat session for tech stocks in a row. Markets are on watch for the next catalyst now the US-China trade-truce euphoria...

US stock futures held steady as investor sentiment continued to moderate following signs of easing trade tensions and an invigorated tech sector. Futures attached to the Dow Jones Industrial Average (YM=F) and the tech-heavy Nasdaq 100 (NQ=F) slipped 0.1%. Futures attached to the benchmark S&P 500 (ES=F) dipped 0.2%. On Wednesday, stocks mostly rose, boosted by an Nvidia-led tech rally. The chipmaker's stock has been on a tear this week and turned green for the year as President Trump's visit to the Middle East opened up deals with Saudi Arabia...

Shares of AI leaders and chipmakers moved higher on Wednesday morning as easing trade tensions and new chip deals with Saudi Arabia lifted hopes for the tech sector. Here's a look at some of the top tickers trending in premarket trading: Super Micro Computer (SMCI) stock soared more than 17% on Wednesday, adding on to Tuesday's 16% gain, after Raymond James initiated coverage with an Outperform rating and $41 price target on shares. Raymond James said the company has “emerged as a market leader in AI-optimized infrastructure,” even as the...

April's Consumer Price Index (CPI) report showed inflation pressures eased in the first month that many of President Trump's tariffs were in effect. The latest data from the Bureau of Labor Statistics showed that consumer prices increased 2.3% over the prior year in April, a slowdown from March's 2.4% and below economists' forecast for 2.4%. This marked the lowest annual increase since February 2021, before a large increase in inflation sparked a Federal Reserve interest rate hiking cycle. On a month-over-month basis, prices increased 0.2%, above the 0.1% decrease seen...