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Wall Street’s favourite macro assumption that inflation will cool “enough” to let the Federal Reserve cut rates on a predictable timetable faces a real...
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- Economy News (1168)
Commodity wrap: gold and silver end volatile week with small gains; oil rises
Evening digest: Amazon’s AI capex, Bitcoin, XRP rebound, Goldman’s AI pivot
Yen slips as markets bet on Sanae Takaichi win and reflationary policies
Inflation double feature: two data prints that could rewrite market rate-cut fantasy
Oil finds short-term support as oversupply eases, bearish risks linger
- Stock News (1288)
Inflation double feature: two data prints that could rewrite market rate-cut fantasy
SpaceX-xAI deal sparks talk: could a Tesla-SpaceX merger be next?
Wedbush: buy these two ‘still overvalued’ stocks amidst software rout
How Apple defied the tech stocks’ rout as AI spending fears hit rivals
Oil finds short-term support as oversupply eases, bearish risks linger
- Investing News (255)
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Elon Musk’s decision to have SpaceX acquire artificial intelligence startup xAI has sent ripples across global financial markets, reviving long-standing speculation about whether his...
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The software sector is currently weathering a violent storm, characterized by a rapid sell-off that some are calling a “SaaSapocalypse.” The panic intensified this...
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Tech stocks have struggled in recent days amid fears of overspending on artificial intelligence and a sharp selloff in software and semiconductor names. Apple,...
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The oversupply in the oil market at the beginning of the year is likely to have been sharply lower than previously expected. The International...
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The Joby Aviation stock price nosedived and reached to a low of $11, its lowest level since July last year. It has plunged by...
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US stocks opened lower on Friday, weighed down once again by struggling technology shares. That weakness came even as investors appeared broadly comfortable with...
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US producer prices climbed more than anticipated in December, driven primarily by a rise in service prices. The Producer Price Index for final demand...
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While Intel (NASDAQ: INTC) draws attention with government support and Nvidia (NASDAQ: NVDA) dominates the AI headlines, another semiconductor giant has been quietly building...
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Teladoc stock price crashed to a record low as demand for its services waned after the pandemic. It plunged to a low of $5.74,...
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Carvana (NYSE: CVNA), the Tempe-headquartered online used car retailer, is once again proving its mettle on Wall Street. Despite a scathing short report released...
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US stocks were mixed on Thursday as investors balanced a fresh wave of earnings from major technology companies against the Federal Reserve’s latest interest...
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Gold prices breached $5,600 per ounce for the first time on Thursday on rising safe-haven demand for the metal. Silver topped $120 per ounce...
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Starbucks returned to customer traffic growth for the first time in two years, signalling early progress in its turnaround while underscoring the cost pressures...
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ASML stock surged 6% on Wednesday, after the Dutch semiconductor equipment maker posted record results and announced a €12 billion three-year buyback program alongside...