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Wed, February 5, 2025

US Stock Futures Fall as Alphabet, AMD Tumble: Markets Wrap


Published on 2025-02-05 09:41:21 - bnnbloomberg
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  • US equity futures dropped as investors navigate the trade war and a busy slate of earnings from some of the world's biggest companies.

The article from BNN Bloomberg discusses a decline in U.S. stock futures, driven by significant drops in shares of Alphabet Inc. and Advanced Micro Devices Inc. (AMD). Alphabet's stock fell after its AI chatbot, Gemini, provided inaccurate historical images, raising concerns about the reliability of AI technologies. Meanwhile, AMD experienced a decline following a less-than-enthusiastic response to its AI chip announcements at a conference. These events contributed to a broader market unease, with investors also reacting to mixed economic signals and anticipation of upcoming economic data releases. The article also touches on the broader market sentiment, with sectors like technology facing pressure, while other sectors showed resilience. Additionally, there's mention of the Federal Reserve's potential actions on interest rates, influencing market expectations and investor behavior.

Read the Full bnnbloomberg Article at:
[ https://www.bnnbloomberg.ca/business/international/2025/02/05/us-stock-futures-fall-as-alphabet-amd-tumble-markets-wrap/ ]
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