China’s AI Bets Pivot to Power, Metals as Tech Bubble Fears Grow
Chinese investors hunting for the next artificial intelligence winners are looking beyond high-flying chipmakers to the utilities and…
European Obesity Stocks Join Healthcare Rally as AI Trade Ebbs
European weight-loss drug developers have staged something of a comeback this week, as investors rotate into healthcare from…
Stocks Drop on AI Valuations and Fed, Pound Slips: Markets Wrap
Stocks declined as uncertainty over Federal Reserve interest-rate cuts and stretched technology valuations weighed on sentiment. Cryptocurrencies retreated.…
Kioxia Shares Dive Their Most Ever After AI Outlook Disappoints
Kioxia Holdings Corp. shares fell 23% after the NAND memory maker’s current-quarter outlook missed lofty expectations at a…
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…
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…
CEOs Sound Least Worried About an Economic Slowdown Since 2007
Company executives are sounding remarkably upbeat about the economy this earnings season, even as trade tensions linger and…
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…
Live updates: Australian share market set to rise after tech rebound on Wall Street, Commonwealth Bank posts $2.6b quarterly profit
Commonwealth Bank of Australia has reported a marginal rise in first-quarter profit, with the benefits of resilient lending…
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…