US Stocks Slide Before Fed as Oil Surges; Two Shares Drive 72% of Dow Loss
U.S. stocks fell around midday Wednesday as surging oil revived inflation concerns. The Dow dropped about 852 points, its sharpest of the three major index declines.
ProShares UltraPro QQQ (NASDAQ:TQQQ) Sees $368 Million Inflows Ahead of Tech Rout
ProShares UltraPro QQQ attracted $367.95 million in inflows on July 27. Within two trading sessions, the bet faced headwinds as the fund dropped 4.30% by late Wednesday morning. QQQ declined 1.36%.
Micron (NASDAQ:MU) Shares Fall as Investors Anticipate Sooner Decline in Peak Memory Margins
Micron Technology declined 5.4% on Wednesday, pushing its losing streak over three sessions to roughly 15.8%. The stock slid 8.9% on Tuesday, following a 2.3% dip on Monday.
SCHD extends 2026 lead, 55% sector tilt pushes past S&P 500 gains as U.S. markets open
At midday Wednesday, Schwab U.S. Dividend Equity ETF was up 0.6% to $34.09, while SPDR S&P 500 ETF Trust slipped 0.9% to $734.03. These figures are subject to change.
Shares in Nocera (NASDAQ:NCRA) Jump Over 100 Percent After Securing $408,000 QMAX Memory Contract
Shares of Nocera, Inc. surged over 100% on Wednesday after the company announced it has taken a 30% stake in QMAX Technology. The share price reached $2.98 at 11:05 a.m. EDT, rising 108.4%.
NIO Shares Climb, CXMT Registers Paper Profit While Delivery Expectations Climb
NIO shares were up roughly 3.6% at $4.85 as of 10:53 a.m. EDT. The ADRs were set for a third consecutive session of gains.
S&P 500, Nasdaq, Dow decline; oil rally intensifies AI slide ahead of Fed
U.S. cash markets traded sharply lower on Wednesday, with the S&P 500 down 0.7% as of 10:30 a.m. The Dow declined 1.4%, and the Nasdaq slipped 1%.
Sandisk Slumps 55% in July; Valuation Depends on Keeping 80% Margins
NEW YORK, July 29, 2026, 11:07 a.m. EDT — Sandisk shares have tumbled 55% this July, leaving the stock trading at what appears to be a discount, but the outlook hinges on whether the company's 80% margins remain intact.
Salesforce (NYSE:CRM) shares climb, tightening Agentforce discount as buybacks drive per-share increase
Shares of Salesforce Inc. gained 1.9% to $184.98 on Wednesday morning. The recovery is narrowing the valuation gap at a pace exceeding the rise in estimates.
Berkshire Buys In at $72.50 in Taylor Morrison Deal, Paying Sub-Peer Multiples
Berkshire Hathaway Inc. has finalized its all-cash acquisition of Taylor Morrison Home Corporation, ending public trading of Taylor Morrison shares. Eligible shareholders receive $72.50 in cash per share. According to the filing, trading ceased after July 24.
Amphenol Shares Surge 8% After CommScope Acquisition Doubles Projected EPS Benefit
Shares of Amphenol Corporation rose 7.6% to $154.84 at the start of trading in New York after the connector manufacturer surpassed second-quarter expectations and provided an improved forecast for the third quarter.
Fed Rate Decision: Markets Price a Delay, Not an End, to Tightening
Markets shifted the main Federal Reserve hike bet to September on Wednesday. The Fed was still expected to hold rates at 3.50%-3.75%. Its statement is due at 2 p.m. EDT.
Bloom Energy Shares Gain Following Strong Q2 with Single Customer Representing 73% of Revenue
Shares of Bloom Energy Corporation climbed 4.3% in early trading on Wednesday. The stock was priced at $173.94 as of 9:40 a.m. EDT, after reaching $188.50, representing a 13.0% increase compared to Tuesday’s closing value.
Oil Approaches $90 Amid Heightened Hormuz Tensions, U.S. Inventory Data Mixed
NEW YORK, July 29, 2026, 09:56 EDT — Oil prices moved close to $90, as concerns over security in the Strait of Hormuz outweighed mixed signals from recent U.S. crude inventory figures.
CBIZ Shares Surge to Near $55 Following Grant Thornton’s $5 Billion Acquisition, Spread at 1%
CBIZ Inc. shares were quoted at $54.45 ahead of Wednesday's session, representing a rise of roughly 16.6% from Tuesday's closing price of $46.70. Grant Thornton Advisors proposed to acquire CBIZ for $55 per share in cash.
GE HealthCare shares surge after second-quarter results top forecasts; orders hit new peak
Shares of GE HealthCare Technologies Inc. gained 9.9% to $70.43 ahead of Wednesday’s opening bell. U.S. cash trading was yet to start.
Procter & Gamble (NYSE:PG) shares dip after 2027 strategy signals nearly 10% hit to earnings
Shares of Procter & Gamble declined roughly 3% in premarket trading on Wednesday, as stagnant organic sales and cautious forecasts eclipsed a two-cent earnings beat. The main NYSE session was still yet to begin.
Boston Scientific (NYSE:BSX) shares fall as international growth offsets slower U.S. cardiac performance
NEW YORK, July 29, 2026, 09:00 EDT — Boston Scientific shares declined after the medical device maker’s strong overseas results helped balance a downturn in its U.S. cardiac business.
US equity futures steady as oil rises; market eyes $190 billion tech options AI event
NEW YORK, July 29, 2026, 09:06 EDT – U.S. stock futures hovered mixed on Tuesday, tracking oil's upward move, with focus shifting to a $190 billion AI-driven test in tech sector options trading.
Lemonade (NYSE:LMND) Falls 14% in U.S. Premarket After Revenue Growth Does Not Shift Profit Forecast
Lemonade Inc. shares dropped 13.9% in premarket trade following its second-quarter results. The insurance company surpassed prior quarterly outlooks, but maintained its full-year guidance.
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