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Microsoft has been one of the worst large-cap tech stocks of 2026. While Nvidia kept climbing and the broader market recovered from its early-year lows, Microsoft went the other direction. The stock has shed roughly a fifth of its value this year, even as Azure kept growing and the AI business kept expanding. Investors who…

Traders work on the floor of the New York Stock Exchange (NYSE) during Pershing Square Capital Management LP’s initial public offering (IPO) in New York, US, on Wednesday, April 29, 2026. Michael Nagle | Bloomberg | Getty Images U.S. equity futures were flat Monday evening after higher oil prices weighed on the major indexes and…

Good morning, and welcome to the ABC’s finance blog! I’ll be guiding you through the latest market action for the next few hours. It looks like the local share market will start its day modestly lower. ASX futures, which are a rough indicator of how the market may open, have risen by about 0.4%. The Australian dollar has risen slightly to 69.96…

Trade tensions are flaring between the Trump administration and Canada once again. On Monday, Donald Trump announced a new 50% tariff on some Canadian goods under Section 338 of the Tariff Act of 1930, which empowers the US President to impose additional duties of up to 50% on imports from any foreign country that discriminates…

NEW YORK (AP) — Wall Street drifted to a quiet finish Monday after stocks of chipmakers and other winners of the artificial-intelligence boom trimmed some of their recent losses. The S&P 500 dipped 0.2%, coming off its first losing week in the last three and just its third since the end of March. The Dow…

US stocks dipped on Monday, with chip stocks trimming gains ahead of Big Tech earnings this week, while oil prices were volatile after touching $90 a barrel amid tit-for-tat attacks between the US and Iran over the weekend. The Dow Jones Industrial Average (^DJI) fell 0.6%, while the S&P 500 (^GSPC) fell about 0.2%. The…

Eli Lilly (LLY 2.86%) stock has soared in recent years. Part of the reason may be due to the company’s broad portfolio of drugs across treatment areas, from neuroscience to cancer and dermatology. But the biggest driver of growth in earnings and stock performance has been the company’s position in the weight loss drug market.…

According to the mutual fund industry trade group Investment Company Institute, roughly $60 billion flowed out of money market funds, or MMFs, in the week ending July 16. However, total money market fund assets reached an all-time high of $8.3 trillion in May, and they stood only slightly lower ($7.9 trillion) as of mid-July. [Sign…

Concerned about an AI bubble? Sign up for The Daily Upside for smart and actionable market news, built for investors. New tariffs, same old story. US retailers have spent the summer importing as many goods as possible to capitalize on a small window of time before a new batch of tariffs that are expected next…

The stock market has long been one of the most reliable paths to create wealth. Since the artificial intelligence (AI) revolution ignited in late November 2022, the S&P 500 (^GSPC 0.06%) has gained a cumulative 83%, propelled by innovation and expanding corporate profits in technology and related sectors. ^SPX data by YCharts. These advances reinforce…