Stocks & Stock Market News

Safaricom Earnings Outlook Puts Nairobi Securities Exchange Stocks in Focus as Investors Assess Equity, KCB, KPLC and Kenya Airways

Kenya’s stock market is heading into an important week as investors prepare for Safaricom PLC’s half-year results, scheduled for Thursday, November 5, 2026. Analysts are forecasting stronger earnings, with improving performance in Ethiopia expected to provide an important boost to the telecommunications company’s profitability.

SkyPress Desk | SkyPress News Nov 3

Stocks & Stock Markets

U.S. Treasury Yields Surge to Multi-Year Highs as Markets Reprice Inflation and Rate Risks

BUSINESS NEWS By SkyPress Desk | SkyPress News • September 25, 2026 U.S. Treasury yields climbed sharply on Friday as investors continued to demand higher compensation for inflation, government borrowing and longer-term interest-rate risk. The move pushed benchmark Treasury yields to their highest levels in years and kept pressure on global financial markets as traders reassessed the outlook for monetary policy and economic growth. The U.S. 10-year Treasury yield traded near 5.18% after reaching an intraday high around 5.23%, according to market data cited by Investing.com. The 30-year yield also moved above 5.50% during the session before easing back toward 5.47%. The surge extends a broader sell-off in government bonds that has gathered momentum in recent weeks. Reuters reported on Friday that global stocks were still holding up despite the bond-market pressure, helped by renewed enthusiasm around artificial intelligence companies and hopes for improving energy conditions in the Middle East. Track markets on TradingView Treasury yields climb as…

SkyPress Desk | SkyPress News Sep 25

Stocks & Stock Markets

U.S. Stocks Slide as Treasury Yields Surge on Renewed Fed Rate Hike Concerns

U.S. stocks moved lower on Wednesday, September 23, as a sharp rise in Treasury yields renewed concerns that the Federal Reserve could keep interest rates higher for longer in response to persistent inflation. The retreat came after stronger-than-expected U.S. business activity data added to expectations that inflationary pressures may remain difficult to contain. At the same time, comments from Federal Reserve Governor Michael Barr reinforced the possibility of additional monetary policy tightening. The S&P 500 was down about 0.3%, while the Nasdaq Composite declined roughly 0.5%. The Dow Jones Industrial Average was also lower, falling around 159 points, or 0.3%, during Wednesday trading. The weakness followed a record-setting session for the Nasdaq on Tuesday, highlighting how quickly sentiment shifted as investors reassessed the outlook for interest rates and bond yields. Market data by TradingView Rising Treasury Yields Pressure U.S. Equities The biggest source of pressure for stocks was the sharp increase in U.S. Treasury yields. The benchmark 10-year Treasury yield…

SkyPress Desk | SkyPress News Sep 23

Stocks & Stock Markets

Wall Street Futures Pause After AI Rally as Oil, Iran and Trump-Xi Talks Drive Market Focus

U.S. Markets Take a Breather as AI Optimism Meets Middle East and China Risks By SkyPress Desk | SkyPress News September 22, 2026 Market Update: U.S. stock futures were largely subdued on Tuesday after Wall Street posted a strong technology-led rally in the previous session. Investors are now balancing renewed enthusiasm for artificial intelligence against oil-market risks, Middle East developments and the upcoming Trump-Xi meeting. U.S. stock futures were little changed on Tuesday as investors paused following a powerful rally on Wall Street, with artificial intelligence once again driving enthusiasm across technology and semiconductor stocks. The market’s attention, however, is no longer concentrated solely on technology. Oil prices, developments involving Iran and the Strait of Hormuz, and the expected meeting between U.S. President Donald Trump and Chinese President Xi Jinping are creating several competing forces for global markets to digest. The previous session saw the Nasdaq Composite reach a record closing level, while semiconductor stocks posted particularly strong gains. The…

SkyPress Desk | SkyPress News Sep 22

Stocks & Stock Markets

Alibaba Unveils New AI Chip as China Accelerates Its AI Infrastructure Push

Alibaba Unveils New AI Chip as China’s Tech Giant Plans Massive Expansion in AI Infrastructure Alibaba Group is stepping up its artificial intelligence infrastructure ambitions, unveiling a new domestically developed AI accelerator while setting out plans to expand its global data-center capacity beyond 20 gigawatts by 2032. By SkyPress Desk | SkyPress News September 22, 2026 Key Takeaways Alibaba unveiled the Zhenwu V900 AI accelerator at the 2026 Apsara Conference in Hangzhou. Chief Executive Eddie Wu said the chip delivers three times the performance of its predecessor, the Zhenwu M890. Alibaba plans to expand its global data-center capacity beyond 20 gigawatts by 2032. The company is also working toward an AI model with between 5 trillion and 10 trillion parameters. Alibaba’s June-quarter results showed strong AI and cloud growth, but substantially higher technology investment contributed to a sharp decline in reported profit. Alibaba Puts AI Infrastructure at the Center of Its Next Growth Phase Alibaba Group has unveiled a new…

SkyPress Desk | SkyPress News Sep 22

Stocks & Stock Markets

Wall Street Advances While Oil Volatility and Yen Turbulence Raise Market Concerns

Wall Street Climbs as Volatility Cools, But Oil Markets Signal Caution SkyPress Market News | Global Markets | May 1, 2026 U.S. equities ended the latest session on a positive note, with the S&P 500 extending its gains as investors welcomed a fresh wave of corporate earnings and improving market breadth. However, beneath the surface, several unusual developments in the volatility markets have begun attracting the attention of institutional traders. Most notably, nearly every major measure of market volatility declined sharply. The CBOE Volatility Index (VIX), widely known as Wall Street’s “fear gauge,” closed below the key 17 level—a reading that typically reflects a relatively calm equity market. While lower volatility often accompanies rising stock prices, the move appears somewhat disconnected from risks brewing elsewhere in global markets. Oil Volatility Sends a Very Different Message Unlike equities, the energy market remains deeply unsettled. The CBOE Crude Oil Volatility Index (OVX) continues to hover near 75, an extraordinarily elevated level that…

SkyPress Desk | SkyPress News May 1

Stocks & Stock Markets

Canadian Stocks Poised for Volatility Ahead of Key Interest Rate Decisions

SkyPress Market News GOLD (XAU/USD): $4,596.85 ▲ | SILVER (XAG/USD): $73.10850 ▲ | OIL (WTI): $98.68 ▼ | S&P 500: 7,138.80 ▲ | NASDAQ: 24,663.80 ▲ | USD/CAD: 1.3721 ▼ SkyPress Market Intelligence Real-Time Global Financial & Trading Insights Canadian Stocks May Swing Ahead of Key Rate Decisions Canadian equity markets are expected to experience increased volatility as investors position themselves ahead of upcoming central bank interest rate decisions. Market participants are closely monitoring inflation data, commodity movements, and global monetary policy signals that could influence risk sentiment across the TSX. Analysts suggest that uncertainty around interest rate direction may lead to alternating sessions of gains and losses, particularly in sectors sensitive to borrowing costs such as financials, energy, and real estate. Commodity Influence on Canadian Markets As a resource-driven economy, Canada’s stock market remains highly sensitive to movements in commodities. Gold and silver prices continue to play a key role in shaping investor sentiment, while oil price fluctuations directly…

SkyPress Desk | SkyPress News Apr 28

Stocks & Stock Markets

Safaricom Earnings Outlook Puts Nairobi Securities Exchange Stocks in Focus as Investors Assess Equity, KCB, KPLC and Kenya Airways

SkyPress Desk | SkyPress News

U.S. Treasury Yields Surge to Multi-Year Highs as Markets Reprice Inflation and Rate Risks

U.S. Stocks Slide as Treasury Yields Surge on Renewed Fed Rate Hike Concerns

LOCAL NEWS

Wall Street Futures Pause After AI Rally as Oil, Iran and Trump-Xi Talks Drive Market Focus

Alibaba Unveils New AI Chip as China Accelerates Its AI Infrastructure Push

INTERNATIONAL NEWS

Wall Street Advances While Oil Volatility and Yen Turbulence Raise Market Concerns

Canadian Stocks Poised for Volatility Ahead of Key Interest Rate Decisions