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U.S. Stock Futures Hover Around Baseline After Walmart Outlook Sparks Market Downturn

US stock futures remain stable despite market losses following Walmart's weak earnings outlook. The impact of Trump's tariffs on retailers and consumers remains uncertain, with Walmart citing them as a factor in its pessimistic forecast. Economic data releases are limited on Friday, but housing market and consumer sentiment indicators will be reported. Celsius Holdings stock surged after announcing a $1.8 billion acquisition, while Dropbox shares fell on news of slower customer growth. Meta cuts employee equity awards by 10% for 2025.

Apple Debuts Budget-Friendly iPhone 16e with In-House Modem

Apple's new iPhone 16e features AI capabilities, a larger display, an upgraded camera, and the company's first in-house-designed modem, all for a budget-friendly price of $599.

Supermicro Shares Extend Rally on AI Demand, Chart Analysis for Key Levels

Super Micro Computer (SMCI) shares surge 16% on strong AI demand and positive business update, breaking out from a falling wedge pattern. Investors should watch crucial overhead areas around $70 and $96, while also eyeing support levels near $50 and $38.

USD's Surge Impacts Corporate Earnings: Big Tech to Consumers Brace for Foreign-Exchange Headwinds

The strong US dollar is negatively impacting corporate earnings for companies with significant overseas revenue, including tech giants and consumer brands. Amazon, McDonald's, and Coca-Cola have all issued warnings about the impact of foreign exchange headwinds, while the US Dollar Index has rallied over 7% since September.

Strong Dollar Hits Corporate Earnings

The strong US dollar has impacted corporate earnings, with companies facing foreign-exchange headwinds. Megacap tech companies, including Apple and Microsoft, have reported significant revenue from international sales, leading to earnings warnings due to dollar strength. Other companies, like McDonald's and Coca-Cola, also anticipate currency headwinds. The dollar's rally is driven by factors such as Trump's proposed policies and the Fed's recalibration of future easing.

Trump's Inflation Promise Complicates as CPI Heats Up, Fed Stands Pat

Trump's Inflation Pledge Complicated by Hot CPI, Putting Pressure on Fed, Economy, and Stocks

Wall Street's DEI Retreats Face Conservative Backlash

JPMorgan CEO Jamie Dimon expresses skepticism about DEI initiatives, while rivals like Goldman Sachs adjust policies amid conservative pressure.

NNVC Reports Q2 Loss

NanoViricides Inc. (NNVC) reported a loss of $2 million in its fiscal Q2.

Intel Stock Jumps on AI Hype and TSMC JV Rumors

Intel stock surged 23% this week on speculation of a joint venture with TSMC to bolster domestic AI chip production.

US Investors Shed Stocks Amid Inflation Concerns, Trade Risks

US investors withdraw from equity funds in the second consecutive week amid inflation concerns, weak economic data, and concerns over reciprocal tariffs.