Lumen (LUMN) Drops 7% on Lack of Leads
We recently published 10 Stocks Suffer Heavy Selling Pressure. Lumen Technologies Inc. (NYSE:LUMN) is one of the worst-performing…
First Light News: US Government Reopens, Data to Return, and Australia Jobs Surprise
In terms of Fed rate-cut expectations, we have seen a moderate hawkish repricing, with 13 bps of easing…
Google Sundar Pichai Is AI Wartime CEO After All
There was a time everyone seemed to have a take on why Open AI’s ChatGPT beat Google to…
Emerging Assets Trade Mixed on Payroll Data, US Reopening Hope
Emerging-market currencies fell and stocks climbed amid limited liquidity on Tuesday as traders digested the latest private payroll…
Switzerland Moves Close to Improved 15% US Tariff Deal
Switzerland is close to securing a 15% tariff on its exports to the US, in what would be…
Japan Earnings Beating Expectations Point to Rally Going Further
More and more Japanese companies are beating earnings expectations on growing AI demand, the smaller-than-expected impact of tariffs…
Health Insurers Sink as Hopes of Subsidy Extension Recede
Shares of US health-care insurers and hospitals are falling Monday as lawmakers draw closer to ending the longest…
TSMC Monthly Sales Growth Slows as AI Demand Moderates
Taiwan Semiconductor Manufacturing Co. reported slowing growth in its revenue in October, potentially another indication that AI demand…
Flip From AI Rally Chase to Bubble Fear Spurs Options Demand
No matter which way the S&P 500 Index goes after a tumultuous month, options volatility looks to be…
Wall Street Sounds Alarm on SNAP Cuts Amid Peak Shopping Season
As the US government shutdown stretches further into November and threatens holiday spending, one casualty of the budget…
China’s Markets Defy Global Risk Aversion in Sign of Confidence
Chinese assets showed impressive resilience this week, defying a global pullback in risk appetite and signaling growing investor…
Wall Street Thrill Ride Derailed as Doubts Seize AI, Crypto Bets
The stock market didn’t crash this week. But after a seven-month spasm of retail-borne speculation, parts of the…